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CBDT amends Audit Report Format of Trust (Form No. 10B) & Rule 16CC & 17B

February 21, 2023 43434 Views 2 comments Print

CBDT amends Rule 16CC Form of report of audit prescribed under tenth proviso to section 10(23C), Rule 17B Audit report in the case of charitable or religious trusts, etc. and ‘FORM No. 10B – Audit report under clause (b) of the tenth proviso to clause (23C) of section 10 and sub-clause (ii) of clause (b) of […]

NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23)

February 21, 2023 855 Views 0 comment Print

Pension Fund Regulatory and Development Authority Circular no: PFRDA 2023/08/SUP-CRA 04 Dated: 21st Feb 2023 To All stakeholders under NPS Subject: NPS/APY Functionalities released by CRAs during Quarter III (FY 2022-23) The Central Record Keeping Agencies (CRAs) appointed by PFRDA develop system level functionalities as per the evolving needs of NPS/APY stakeholders. 2. CRAs have […]

MCA extends time limit for reservation of name & for 46 company forms

February 21, 2023 9324 Views 0 comment Print

Form PAS-03 which was closed for filing in Version-2 on 20.01.2023 and launched in Version-3 on 23.01.2023, and whose due dates for filing fall between 20.01.2023 and 28.02.2023, can also be filed without payment of additional fees till 31.03.2023.

FSS (Food Products Standards and Food Additives) Second Amendment Regulations, 2023

February 21, 2023 6765 Views 0 comment Print

These regulations may be called the Food Safety and Standards (Food Products Standards and Food Additives) Second Amendment Regulations, 2023.

MCA penalised company for not complying with section 118(10) r/w Secretarial Standards

February 21, 2023 1899 Views 0 comment Print

Inspection of Books of Account and other records of the captioned company was conducted under section 206(5) of the Companies Act, 2013. During the inspection, it was reportedly observed by the Inspecting Officer that the company has not complied with the provisions of section 118(10) r/w Secretarial Standards. a. The subject company and its officers […]

Treatment of inward Co-Insurance while reporting MTP Obligations

February 20, 2023 858 Views 0 comment Print

obligations of an Insurer in respect of Motor Third Party Insurance Business for every Financial Year are also specified in IRDAI (Obligation of Insurer in Respect of Motor Third Party Insurance Business) Regulations, 2015.

IBBI caution IP for Non-Disclosure of relationship with valuer & forensic auditor

February 20, 2023 912 Views 0 comment Print

IP shall ensure disclosure of the relationship, if any, of the other professional engaged by him with himself, the Corporate Debtor (CD), Financial Creditor, Interim Finance Provider and Prospective Resolution Applicant to the Insolvency Professional Agency (IPA) of which he is a member, within the time specified.

High-Risk CRIUNRU PAN Case and High-Risk CRIUNRU Non-PAN Cases

February 20, 2023 13221 Views 0 comment Print

High-Risk CRIUNRU PAN Case and High-Risk CRIUNRU Non-PAN Cases – Dissemination of Cases on the ‘Verification’ module of Insight portal (RMS Cycle-2)

Verification module of Insight portal for Assessment, Investigation & TDS wings

February 20, 2023 4365 Views 0 comment Print

Dissemination of Cases on ‘Verification’ module of Insight portal for Assessment, Investigation and TDS wings as per Risk Management Strategy (Cycle-2) of CBDT

High-Risk Non-PAN Transaction cases on Verification module of Insight portal

February 20, 2023 4914 Views 0 comment Print

In this regard, potential cases pertaining to AY 2016-17 and AY 2019-20 identified on the basis of risk assessment of verification reports uploaded in the STR module, have been disseminated to field formations with below mentioned case types on the Verification module of the Insight portal.

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