Circular 7/2024 – Income Tax || Extension of due date for filing of Form No. 10A/10AB under the Income tax act
The Income Tax Department vide circular dated 25th April 2024 has extended the due date for filing of Form No. 10A/10AB till 30-06-2024. The due...
Circular 6/2024 – Income Tax || Extension of date for PAN become operative in case of non deduction of TDS at higher rates
The Income Tax Department has issued the Circular No. 6/2024 dated 23rd April 2024 in which it has been stated that the Department shall not...
Commencement of Live Virtual Classes (LVC Batch – 2) under the New Scheme from 27th April 2024 for the students of CA Foundation/Intermediate/Final courses appearing in September/November 2024 examinations
Board of Studies announces the commencement of 2nd Batch of ‘Live Virtual Classes’ under the New Scheme of Education and Training. To handhold and support...
Re-opening of online empanelment of members to act as Obervers for May / June 2024 examinations
The Institute of Chartered Accountants of India (ICAI) has decided to reopen the online empanelment of members to act as observers at the examination centres...
Mock Test Papers Series – I for Students appearing in CA Foundation June 2024 Examinations
The Institute of Chartered Accountants of India (ICAI) has announced the mock test paper series – I for the students appearing in June 2024 examination...
ICAI – Cut-off date for enrollment in Foundation /Intermediate Course for appearing in September 2024/ January, 2025 Examinations
The Institute has decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held thrice in a year in the month of May/June, September and...
GSTN advisory – Enhancement in GST portal
Dear Taxpayers, 1. GSTN is pleased to inform that an enhanced version of the GST portal would be launched on 3rd May 2024. The effort is...
Extension of due date of gstr1 of March 2024
Due to the technical difficulties being faced while filing the GSTR1 for March 2024, the GST Tech (@Infosys_GSTN) has given the recommendation to CBIC to...
CBDT clarifies on media reports claiming special drive to reopen cases with reference to HRA claims
The Central Board of Direct Taxes (CBDT) has clarified on 8th April 2024 where it has been clarified that no special drive to re-open the...
Press release – Functionalities to file commonly used ITRs enabled by CBDT on 1st April, 2024
The Central Board of Direct Taxes (CBDT) has facilitated taxpayers to file their Income Tax Returns (ITRs) for the Assessment Year 2024-25 (relevant to Financial...
Notification regarding time limit for verification of return of income after uploading
The Central Board of Direct Taxes (CBDT) has issued the notification regarding the time limit for verification of Income tax returns after uploading. It is...
Press release – Clarification regarding applicability of new tax regime and old tax regime
It has come to notice that misleading information related to new tax regime is being spread on some social media platforms. It is therefore clarified...
Changes in ITR form V and Acknowlegement for A.Y 2024-25
The Ministry of Finance has released the changed ITR V and ITR acknowledgement for the AY 2024-25. To view and download the Notification, click here...
MCA issues advisory for the filing of CSR form for FY 2022-23
The Ministry of Corporate Affairs (MCA) has issued the advisory regarding the filing of the e form CSR 2 for the FY 2022-23 on or...
Re-Opening Of Correction Window For May 2024 Ca Examinations
In continuation to Important Announcement dated 25th January 2024 and 19th March 2024, in order to facilitate the examinees, who have already applied for May...
Reschedulement Of Chartered Accountant Examinations, May 2024
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Revised Applicability of Peer Review Mandate (Phase II & III)
The Institute of Chartered Accountants of India (ICAI) has extended the applicability of Peer Review Mandate vide announcement dated 16th March 2024. Phase Category...
ICAI announces the re-scheduling of May 2024 exams
The Institute of Chartered Accountants (ICAI) has made an announcement regarding the re-scheduling of the exams to be held in the month of May 2024....
Delhi GST Department issues Instructions for Rectification of Orders
On 1st March 2024, the Delhi GST Department issued the instructions for rectification of assessment orders. This is the result of agitation being carried out...
ICAI releases GST Acts and Rules – Bare Law – updated upto January 2024
The Institute of Chartered Accountants of India (ICAI) has released the GST Acts and Rules updated upto 22nd January 2024. The earlier version of the...
GSTIN enables Two factor authentication for taxpayers
Advisory: Two-factor Authentication for Taxpayers 1. GSTN is introducing two-factor authentication (2FA) for taxpayers to strengthen the login security in GST portal. The pilot rollout...
Income Tax Department enables Discarded Return option
The Income Tax Department has enabled the feature of “Discarded return” on the Income tax website. The said feature is available for the users from...
Recommendations of 52nd GST Council Meeting
The 52nd GST Council met under the Chairpersonship of Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman in New Delhi today. The meeting...
Application Deadline for the National Startup Awards 2023 extended till15th June 2023
The Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry introduced the National Startup Awards (NSA) in 2020....
₹1,57,090 crore gross GST revenue collected for May 2023; clocks 12% Year-on-Year growth
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is ₹1,57,090 crore of which CGST is ₹28,411 crore, SGST is ₹35,828 crore, IGST...