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The alley for Indian Chartered Accountants

Daily Newsletter - December 26, 2023

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Latest additions to CAalley:

News Update:

Indian News

New addition:

Useful Forms

Exposure Draft:

FASB Draft

International Content:

FRC Reference Material

Legal Updates:

Income Tax


  

News Update:

Indian News:

Tribunal members’ quality affecting decisions: Experts

Sessions court overturns summons to Huawei executives in tax evasion case

Overseas job seekers take note! Recruitment agents can’t charge you more than this amount

Taxpayers may be allowed to file revised GST returns from Apr 2025

HRA Tax exemption: Do you need both rent receipts and agreements? FAQs answered

TDS mismatch: Your investment declaration, HRA, Section 80C investments may come under I-T department lens

GST revenues robust amid stricter audit, 2024 may see tax base widen

Govt to talk with IRDA for review of 24-hour hospitalisation rule for mediclai

New ITR forms: What’s new in ITR-1 and ITR-4 for AY 2024-25? Furnish details of all bank accounts, disclose cash receipts

Get lenders dressing up loans to cut exposure, AIFs tell RBI

Small banks struggle to find CEOs

Compliance costs may spur fintech sector consolidation: Industry experts

CGST dept busts bizman in 357cr fraud case

Centre, Deloitte studying impact of GST on power

No takers for rupee payment for oil imports: Oil ministry in Parliament

Income Tax dept notifies ITR forms 1, 4 for assessment year 2024-25

Health insurance claim reform: Cashless treatment at any hospital may be a reality next year; how it will help

RBI imposes Rs 2 lakh penalty on TDCC Bank for sanctioning loan to director

SEBI to move to instant settlement in two phases

NFRA finds certain lapses in audit quality of network entities of Big 4


New addition:

Useful Forms:

CCI Forms


Exposure Draft:

FASB Draft:

Proposed Statement of Financial Accounting Concepts
Concepts Statement No. 8, Conceptual Framework for Financial Reporting
Chapter 6: Measurement

[Last date for Comments: March 20, 2024] 


International Content:

FRC Reference Material:

Thematic Review:
Audit Sampling

[November 2023]


Legal Updates:

Income Tax:

The Income-tax (Thirtieth Amendment) Rules, 2023 - ITR 1 & 4 notified for AY 2024-25 [Notification No.105]


 

 

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