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Signature Petition for Extension of GSTR 9 & 9C

October 10, 2020 6420 Views 10 comments Print

Signature Campaign for extending GSTR 9/9C due date to 31.12.2020 24 GST and trade associations have come together to jointly sponsor this signature campaign for requesting the Hon’ble Prime Minister, Shri. Narendra Modi, to extend the deadline for filing GSTR-9/9C for the year 2018-19 to 31.12.2020. The list of these 24 associations is appended at […]

Clarification on Iron Ore Exports

October 9, 2020 1989 Views 0 comment Print

Export policy restriction put in 1998 only for KIOCL: On 21.01.1998, vide Notification, a specific entry was added in the export policy regarding “Iron Ore pellets manufactured by Kudremukh Iron Ore Company Limited (KIOCL) out of concentrates produced by it”. Thus, the export policy was regard to only Iron Ore pellets manufactured by KIOCL, which was ‘canalized’ through KIOCL, a CPSU under Ministry of Steel.

CCI Issues SOP for Virtual Hearings

October 9, 2020 780 Views 0 comment Print

COMPETITION COMMISSION OF INDIA Dated: 06.10.2020 Standard Operating Procedure (SOP) for Virtual Hearings Authorized Representatives (Advocates/ Chartered Accountants/ Company Secretaries/ Cost Accountants) / Parties/ Parties-in-Person shall follow the following protocol for hearings through virtual mode: 1. For conducting hearings through Video Conferencing (VC), a URL would be sent through e­mail in advance to one concerned […]

ICAI issues SOP for November 2020 examination

October 9, 2020 9492 Views 0 comment Print

Guidelines for Examination Centres, Examination functionaries and Candidates for November 2020 CA Examinations in wake of ongoing pandemic Novel Corona Virus (Covid-19).

November 2020 ICAI examination – 4 Important Announcements

October 9, 2020 2904 Views 0 comment Print

SOPs for students appearing in November 2020 examination: A detailed instruction sheet containing the Do’s and Don’ts for all students appearing in the November 2020 examination is being issued separately.

MEF empanelment date extended – Firms under Presumptive Taxation not to submit Financial Statements

October 9, 2020 1305 Views 0 comment Print

There is no requirement for submitting the Financial Statements i.e. Balance Sheets and Income & Expenditure Account for the applicants who have opted for the Presumptive Taxation Scheme under Section 44ADA of Income Tax Act, 1961 and have filed their ITR accordingly for the financial year 2018-19.

SOPs for Exhibition of Films through cinemas/theatres/multiplexes

October 7, 2020 1050 Views 0 comment Print

Given the current COVID-19 outbreak in India, it is important that various stakeholders involved in the activities of exhibition of films take suitable measures to restrict transmission of the virus while conducting their operations and activities. The M/o Home Affairs, Government of India has permitted the opening of cinemas/theatres/multiplexes from 15 October 2020.

IRDAI cautions against sell of health plans by unauthorized entities

October 7, 2020 546 Views 0 comment Print

It has come to the notice of the Authority that some unauthorized entities are professing to be selling health plans by offering discounts on medical treatments or diagnostic tests.  It is hereby clarified that only the IRDAI registered insurance companies, or their authorized agents and intermediaries registered by IRDAI can sell insurance products.

DTCP directs ILD Builder to Submit plan to Wrap up delayed projects

October 6, 2020 894 Views 0 comment Print

In Past 3 Years, the residential projects have been delayed too much in all cities and specially Gurugram. One Builder of Gurugram is ILD  which has recently been directed by the Department of Town & Country Planning (DTCP) to prepare and submit an action plan within a week for their completion. If the ILD fails […]

Revised effective date for applicability of ICSI Auditing Standards

October 5, 2020 615 Views 0 comment Print

In view of the current situation of the pandemic, the mandatory applicability of the Auditing Standards is hereby further extended and the Standards shall be mandatorily applicable to Audit Engagements accepted by the Auditor on or after 1st April, 2021.

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