THE INSTITUTE OF company Secretaries of India MCA: August Shri Rajesh Verma. IAS Secretary Ministry of Corporate Affairs Government of India Dr. Rajendra Prasad Road, Shastri Bhawan. New Delhi – 110 001 Subject: ICSI UDIN and eCSIN Guidelines – Reg. Respected Sir, Kindly refer to ICSI letter dated 19th December. 2019 and 3rd July, 2019 […]
It is proposed that CSR Compliance Certificate, by an independent professional, should be introduced, which should cover all the aspects of CSR provisions as provided ,under the Act and the Rules. A draft Compliance Certificate covering each and every aspect is given at ‘Annexure B.
Institute of Company Secretary of India PD: MCA/August Shri Rajesh Verma, IAS Ministry of’ Corporate Affairs Government or India Dr. Rajendra Prasad Road Shastri Bhawan. New Delhi 110 001 Subject: Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2020 notified on 3rd Jaunuary, 2020 Respected Sir. This has reference to our letters dated 21st […]
It is submitted to include Secretarial Audit for bigger private companies in the purview of secretarial audit. The suggested amendment in Rule 9 of the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 as under:
GSTR-2B is an auto-drafted Input Tax Credit (ITC) statement generated for every recipient, on the basis of the information furnished by their suppliers, in their respective Form GSTR-1 & 5 and Form GSTR-6 filed by ISD.
Article explains Differences between current scheme & Faceless Assessment scheme, Constitution of ReACS, Consequences of No Response by Taxpayer and Functions of each of Assessment Unit, Verification Unit, Review Unit & Technical Unit which are approved by respective Range Heads. CURRENT Vs FACELESS ASSESSMENT Present Assessment System Faceless Assessment System 1. Case Selection through a) […]
GST Newsletter GST Council Secretariat, New Delhi Issue-16th July, 2020 GST Revenue In the month of July 2020, gross GST revenue was Rs. 87,422 crore, comprising CGST Rs. 16,147 crore, SGST Rs. 21,418 crore, IGST Rs. 42,592 crore and Cess of Rs. 7,265 crore. The total revenue after regular settlement in this month was Rs. […]
Legal Requirement to Place a copy of the annual return on the website of the company, as Notified section of Companies (Amendment) Act, 2017 on 28.08.2020 With reference to Commencement notification S.O. 2920(E) dated 28th August, 2020 the Ministry of Corporate Affairs has notified following Section of the Companies (Amendment) Act, 2017 to amend Companies […]
Conceptual Framework for Financial Reporting under Indian Accounting Standards (Ind AS) applicable for Standard-setting Activity from accounting periods beginning from April 1, 2020, and for the preparers of financial Statements from a future date
This Compendium of Ind AS is an endeavour of ICAI to facilitate ease of reference and ready source of comprehensive literature for all those entities that are preparing financial statements under Ind AS, either mandatorily or voluntarily.