Income tax update – Amended in Form 27Q
The Central Board of Direct Taxes (CBDT) has amended the Form 27Q by inserting the Note 7A under the head “Verification”. The notification reads as...
Month : May 2024
Information System Audit – Assessment test on 13th July 2024
The Institute of Chartered Accountants of India (ICAI) has issued the announcement on 29th May 2024 in which it has been stated that the Assessment...
CPE hours requirement for Chartered Accountants from 01-01-2024 onwards
With effect from 01-01-2024, the norms for CPE hours have changed for the CA members. The basic requirement for the CA members with respect to...
Cost Inflation Index for FY 2024-25
The Ministry of Finance has notified the Cost Inflation Index for FY 2024-25, which is 363. Financial Year Cost Inflation Index 2001-02 (Base year) 100...
Announcement of Dates for CA Foundation and CA Inter September 2024 dates
In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce...
ICAI announces launch of self placed modules test (SPMT) portal for CA Final examinations
The Examination Department of ICAI has launched Self-Paced Module Test (SPMT) Portal – https://spmt.icai.org for the candidates who have completed prescribed learning hours for respective...
ICAI announces applicable publications for CA Foundation and CA Inter for September 2024 examinations
The Institute of Chartered Accountants of India has announced applicable publications for CA foundation and CA Inter which are relevant for September 2024 examinations. FOUNDATION...
Mock Test Papers Series – II & Series III for Students appearing in CA Foundation June 2024 Examinations
The Board of Studies is commencing Mock Test Papers Series – II & Series III from 22nd May, & 5th June, 2024 for Students appearing...
Understanding the Assessment year and Previous year
In Indian income tax laws, understanding the concepts of the assessment year (AY) and the previous year (PY) is crucial for taxpayers to correctly determine...
All about the New tax regime for AY 2024-25
The Income tax department has released the utilities and forms for the filing of Income tax returns for the AY 2024-25. For the filing of...