CBCI has clarified on its Twitter handle that FORM GSTR-1 late fee waiver scheme has ended on 17th January 2020 and No further extension has been given. CBIC further clarified that a A fake tweet in this regard has been circulating in social media in which it is said that due date is been extended […]
The Mumbai Central Commissionerate has unearthed a multi-crore tax evasion racket that has been found to be transporting jewellery goods without paying GST, employing a unique modus operandi. Ministry of Finance Multi Crore Tax Evasion Racket by Jewellers with unique modus operandi unearthed by Mumbai GST Commissionerate Posted On: 18 JAN 2020 Mumbai, January 18, […]
Threashold limit for registration under GST on services should be enhanced from Rs 20 Lakhs to Rs 40 Lakh on the line of Traders and Manufacturers. The exemption limit for personal income tax should be 5 lakhs for the trader who carry on business under proprietorship, or is a partner or is a director in company which is registered under GST.
ICSI Guidelines for Attire and Conduct of Company Secretaries, 2020 shall be applicable on all company secretaries appearing before any statutory body, courts, tribunals or quasi judicial bodies on behalf of their employer or their clients. ICSI Guidelines for Attire and Conduct of Company Secretaries, 2020 shall supersede the Guidelines for Professional Dress Code for […]
ICSI Guidance on Scale of Fees for Professional Services, 2020 contains inter alia the scope of various professional services and the guiding principles for fixing the scale of fee would ensure transparency between the client and the PCS and also pave the way for a just and reasonable scale of fees to be charged by […]
ICSI (Guidelines for Advertisement by Company Secretaries), 2020 shall be applicable to all advertisements by members of the Institute rendering any advisory, consultancy or representation services whether holding Certificate of Practice issued by the Council of the Institute or otherwise.
The Government of Himachal Pradesh has approved the Himachal Pradesh (Legacy Cases Resolution) Scheme under the Department of Excise and Taxation in the Cabinet Meeting held on 16.01.2020. The Scheme will address settlement of legacy cases under General Sales Tax, VAT, CST and other taxation laws subsumed under GST. 2. The scheme will be applicable […]
Result of Chartered Accountants Final (Old & New scheme) Examination Held in November – 2019 and declared on 16th January 2020. RESULT OF CHARTERED ACCOUNTANTS FINAL (NEW SCHEME) EXAMINATION HELD IN NOVEMBER – 2019 The result of the Chartered Accountants Final (New Scheme) Examination was declared recently. The details of percentage of candidates passed in […]
Exposure Draft of Standard on Internal Audit (SIA) 520, Auditing in an Information Technology Environment (Comments to be received by February 05, 2020) EXPOSURE DRAFT STANDARD ON INTERNAL AUDIT (SIA) 520 AUDITING IN AN INFORMATION TECHNOLOGY ENVIRONMENT The Internal Audit Standards Board of the Institute of Chartered Accountants of India (ICAI) invites comments on Standard […]
Exposure Draft of Standard on Internal Audit (SIA) 130, Risk Management (Comments to be received by February 05, 2020) EXPOSURE DRAFT STANDARD ON INTERNAL AUDIT (SIA) 130 RISK MANAGEMENT* The Internal Audit Standards Board of the Institute of Chartered Accountants of India (ICAI) invites comments on Standard on Internal Audit (SIA) 130, Risk Management. Comments […]
