Daily Newsletter - May 26, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Useful Forms:
Income Tax Return eFiling Utilities
Exposure Draft:
Legal Updates:
News Update:
NCLAT sets aside NCLT order on Zee-Sony merger
Sebi to issue mutual fund light regulations for passive funds; seeks to ease compliance burden
Govt. trying to link TCS on overseas spends to local TDS to smoothen cash flows: CEA
CBIC extends April GST return filing deadline for Manipur biz till May 31
Leave encashment limit for non-govt employees hiked to Rs 25 lakh: CBDT
Investment in start-ups from 21 nations will be exempt from angel tax
If you don't reply to income tax dept's queries, ITR likely to be picked for full scrutiny: CBDT
Tax dept to act on specific evasion data
SBI penalised for sending bills to man despite credit card's expiry
SEBI tightens reporting requirements for offshore funds
Sebi mulls prohibiting differential rights to AIF investors
ICAEW: New risks revealed in the traditional banking model
Reference Section:
Liberalised Remittance Scheme (LRS) FAQs
Useful Forms:
Income Tax Return eFiling Utilities:
Validation Rules for ITR 1 to ITR 4
Income Tax Return eFiling Utilities for ITR 3
Exposure Draft:
Draft Rule 11UA regarding Method for Computation of Fair Market Value of Unquoted Equity Shares for the purposes of section 56(2)(viib) of the Income-Tax Act, 1961
[Last date for Comments: June 5, 2023]
Legal Updates:
Leave encashment limit for non-govt employees notified [Notification No.31]
Investment from 21 countries to be exempt from angel tax [Notification No.29]
Standard Operating Procedure for Scrutiny of Returns for FY 2019-20 onwards [Instruction No.2]
GST Due Date extension - 3 notifications for Manipur
NCLT Order regarding production of Information Utilities Record
Amendment under Interest Equalisation Scheme [No.5]
Clarification on Classification of product DHA Algal Oil [Instruction No.18]