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Important Updates

Daily Newsletter - October 21, 2024
RBI Master Directions : RBI (Access Criteria for NDS-OM) Directions, 2024
IFAC Quality Management Series: Installment Three: Monitoring and Remediation
Income Tax Notification No.116: Notification u/s 92C(2) - Regarding Variations in Transfer Pricing
Hackers target India’s biggest brands: How major firms like Tata and Reliance are strengthening cyber defences
GoM bats for exemption of life insurance premium from GST: Report
Supreme Court recalls ruling striking down Benami Property Act provisions
Daily Newsletter - October 18, 2024
GST Advisory: Additional FAQs on IMS
DGFT Trade Notice No.21: Electronic Submission of Appendix 4H Certificates
Income Tax Press Release: Amendments in Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents
Relief against income tax offences: New compounding guidelines issued by CBDT to help taxpayers in preventing prosecution
PCAOB Reference Material: Bank Financial Reporting Audits (Report)
GST on Corporate-Guarantee from overseas group entity payable only one-time, not periodically: Rajasthan’s AAR
Banks can claim deductions for broken period interest: Supreme Court
Weekly Newsletter - October 16, 2024
Income Tax Notification No.114: Amendment to Rule 31AA of Income Tax Rules, 1962
ICEAW: AI adoption challenges: an ethical dilemma for auditors
Income Tax Notification No.112: TDS on income other than Salary - New Form 12BAA
Customs Notification No.66(NT): Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver
To clear all doubts on Vivad Se Vishwas Scheme 2024 Income Tax dept releases FAQ
Income Tax Notification No.111: Amendments in Registration of Charitable Trusts and Institutions - Amendments in Form 10A & 10AB
Income Tax Circular No.12: Guidance Note 1/2024 on provisions of the Direct Tax Vivad se Vishwas Scheme, 2024
ICAI Announcement: Issuance of SQM 1, SQM 2
ICAI Publications - Quality Review Board: Guidance on Non-Compliances Observed by QRB During Quality Reviews (Volume 2) - Part 1
'High-risk' income tax refund claims under scanner
MCA Notification: The Companies (Adjudication of Penalties) Second Amendment Rules, 2024
RBI Circular: Submission of information to Credit Information Companies by ARCs
Over 40 per cent of ICAI probes reveal CA misconduct
NFRA slaps penalty of Rs 2 crore on Coffee Day auditors, bars CAs
New GST rules force tenants to bear 18% tax burden
New GST amnesty scheme notified: Waiver of interest and penalty on GST tax demand for eligible taxpayers to be effective from November 1, 2024
Weekly Newsletter - October 9, 2024
CGST Notification No.21 - Due Date for tax payable in response to demand/order
RBI Circular: Due diligence in relation to non-resident guarantees availed by persons resident in India
MCA Notification: The IEPFA (Form of Annual Statement of Accounts) Amendment Rules 2024
Supreme Court allows claiming input tax credit on construction expenses
NFRA Circular: Responsibilities of Principal Auditor and Other Auditors in Group Audits

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