The Centre is expected to soon notify rules for setting up GST appellate tribunals. This was announced by a senior CBIC official on Monday, July 3, 2023. The official said that the rules will be notified after approval from the GST Council. The GST appellate tribunals …
The Central Board of Indirect Taxes and Customs (CBIC) has identified over 12,000 fake entities in GST registration. These entities were used to claim fake Input Tax Credit (ITC) and defraud the exchequer. In order to curb this fraud, the CBIC is planning to implement biometric …
Board of Studies (Academic) The Institute of Chartered Accountants of India July 1, 2023 New Scheme of Education and Training New Scheme notified on June 23, 2023 Announcement for New Scheme of Education and Training Prospectus Transition Scheme Syllabus Frequently Asked Questions (FAQs) Study Material
ICAI has released the schedule of the CA Intermediate, Final & Foundation Exams for November/December 2023. Official copy of the notification has been mentioned below IMPORTANT ANNOUNCEMENT No. 13-CA (EXAM)/NOVEMBER – DECEMBER/2023: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of …
Changing of cut-off date to 1st July instead of 1st January of every year for the Bank Branch Auditors Panel As members are aware, every year PDC prepares a Multipurpose Empanelment Panel of Chartered Accountants/firms spread across the country based on multi layered logic for providing …
Dear Professional Colleagues, “Excellence is never an accident. It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives — choice, not chance, determines your destiny.”– Aristotle The reputation carved by the profession over the years …
The income tax department has busted a Rs 40 crore tax refund scam in Hyderabad. The scam involved eight tax consultants, several employees of the railways and police department, and several technology companies in Hyderabad and Vijayawada. The modus operandi of the scam was to file …
Sub: Circular to remove difficulty in implementation of changes relating to Tax Collection at Source (TCS) on Liberalised Remittance Scheme (LRS) and on purchase of overseas tour program package – reg Finance Act, 2023 has amended sub-section (1G) of section 206C of the Income-tax Act, 1961 …
