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CBDT achieves important milestone of 200 APAs

March 1, 2018 1086 Views 0 comment Print

The Central Board of Direct Taxes (CBDT) entered into seven more Advance Pricing Agreements (APAs) during the month of February, 2018. All the seven are Unilateral APAs. With the signing of these Agreements, CBDT has crossed an important milestone of having signed 200 APAs. The total number of APAs entered into by the CBDT till […]

Revenue Collection under GST & Revenue of States till 25.02.2018

March 1, 2018 17496 Views 0 comment Print

GST Revenue Collections for month of January 2018 (received in January/February upto 25th February) stand at Rs.86,318 crores; 1.03 crore taxpayers have been registered under GST so far till 25th February, 2018. So far 17.65 lakh dealers got registered as composition dealers. Total Revenue Collection under GST: The last date for filing of GSTR 3B […]

PNB not received any instruction from Govt to pay for Fraud Liabilities

February 28, 2018 12852 Views 0 comment Print

This has reference to recent news item appearing in CNBC TV18 titled Govt may ask PNB to pay for Fraud Liabilities on 23.02.2018 and as desired we are giving below point wise reply as under:-

How to fill Form-e- CODS 2018: Condonation of Delay Scheme, 2018

February 28, 2018 9396 Views 1 comment Print

The Instruction Kit has been prepared to help you file eForms with ease. This documents provides references to law(s) governing the eForms, instructions to fill the eForm at field level and common instructions to fill all eForms. The document also includes important points to be noted for successful submission.

New Facilities for UAN- Aadhar Linking Introduces By EPFO

February 27, 2018 2130 Views 0 comment Print

Employees’ Provident Fund Organisation (EPFO) has introduced UAN-Aadhaar linking facility for the convenience of members using EPFO Link in UMANG Mobile App. This is in addition to the existing web facility already available at EPFO’s website www.epfindia.gov.in >> Online Services >> e-KYC Portal>> LINK UAN AADHAAR.

Let PNB fraud not halt business lending: ASSOCHAM

February 26, 2018 8979 Views 1 comment Print

SSOCHAM today cautioned against allowing the alleged fraud in the Punjab National Bank (PNB) to halt the entire system of corporate lending as demoralisation would set in among the top functionaries and employees of the state-owned banks, something the country can ill-afford at a time when the credit growth was about to recover and economy was set to grow at a higher pace.

PNB Scam: Not prudent to draw any conclusion against CAs and profession before anything gets established: ICAI

February 26, 2018 34614 Views 31 comments Print

Till the time disciplinary inquiry is concluded, and the role of all those who acted in fiduciary responsibility is established in the matter, it would not be prudent to draw any conclusion against the profession.

‘Chartered Accountant’ designation cannot be used if membership is not active

February 26, 2018 6489 Views 0 comment Print

While perusing our records, we find many instances wherein individuals either not enrolled themselves as a Member of the Institute after passing the CA Final Examination or have taken membership but their membership currently stands inactive due to non-payment of membership fees

ICAI Group to Study amendments Proposed by MCA HLC

February 26, 2018 831 Views 0 comment Print

The Group will examine the amendments proposed by High Level Committee and formulate its views/comments on these amendments for consideration of the Council at its meeting scheduled to be held from 21st to 24th March, 2018 so that the comments of ICAI can be submitted to Ministry of Corporate Affairs by end of March, 2018.

VAT Scrutiny in Kerala- Guidelines for planning collection of Data

February 25, 2018 1290 Views 0 comment Print

The Government has given instructions to complete the back log VAT works and ensure improved revenue performance. The Department has developed the SCRUTINY MODULE to do the scrutiny and assessments efficiently as per the law, without any errors.

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