Soniya Luthra
September 8, 2020
The institute of Chartered Accountant of India (ICAI) has issued some clarifications by providing the FAQs regarding practical training. Here are the FAQs issued: S.No. Questions Answers 1 Whether the period of absence arising out of lockdown due to COVID -19 pandemic w.e.f 24th March, 2020 …
Soniya Luthra
September 5, 2020
GSTN new functionalities-Multiple amendments enabled in Table-4 of GSTR-8 and TCS facility extended for Composition taxpayers 1. Provision to make amendment, multiple times, in Table 4 of Form GSTR-8 Earlier, if no action was taken on TCS details, auto-populated in TDS/TCS credit form, by the supplier …
Soniya Luthra
September 5, 2020
Bank finance to start-ups, farmers, others up to 50 crore rupees – RBI revised guidelines The Reserve Bank of India has revised Priority Sector Lending (PSL) guidelines. In the revised RBI guidelines, to provide the lending facilities, higher weightage have been assigned to incremental priority sector …
Soniya Luthra
August 22, 2020
ATTENTION CANDIDATES OF CSEET, AUGUST 2020 SESSION! Compulsory Installation of Safe Examination Browser for appearing in the CSEET This is to be informed to all candidates registered for appearing in CSEET scheduled to be held on 29th August, 2020 through remote proctored mode that it is …
Soniya Luthra
August 22, 2020
ONE MORE MOCK TEST WILL BE CONDUCTED ON 24th AUGUST, 2020 The Institute conducted a Mock Test today i.e. 22th August, 2020 for the candidates who are scheduled to appear in the CSEET on 29th August, 2020. It has been observed that some of the candidates …
Soniya Luthra
August 22, 2020
The Institute of Chartered Accountants of India has reduced the fees for OC & ITT Courses for Foundation and Direct Entry students undergoing Virtual classes. Further, students who have already paid the fees will get refund of Rs. 2,000. Here is the official announcement made by …
Soniya Luthra
August 6, 2020
The India Wide Parents Association has made a representation to the Indian Institute of Chartered Accountants (ICAI) for providing “reliefs in student’s favor who are impacted by the CA exam cancellation due to the COVID-19 Pandemic.” While addressing to the ICAI President, the representation comes in …
Soniya Luthra
July 30, 2020
Inviting members for contributing in development of Case Studies on Ind AS for Knowledge Data warehouse on Ind AS We are pleased to mention that ICAI through the Accounting Standards Board (ASB) in its pursuit of catapulting Indian accountancy profession to new heights, is planning to …
Soniya Luthra
July 27, 2020
The Income-tax department has launched a new Form – 26AS with effect from 1st July 2020. As per the old Form – 26AS, the taxpayers can check the details like TDS deducted, TCS Collected, Income tax Refund, and can claim the Tax credit while filing the …