Daily Newsletter - September 12, 2025

Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

SEBI Regulations

Useful Forms:

Income Tax Form

International Content:

IFRS for SMEs modules

Legal Updates:

SEBI

IFSCA

News Update:

Indian News:

He got Rs 89 lakh as gift from relatives; Tax dept doubted its genuineness, but ITAT Mumbai ruled in his favour: Here’s why

ITR deadline extension: Now even BJP MPs write to Finance Minister to extend income tax return filing due date

India-EU FTA: Piyush Goyal hosts European commissioners; both sides reaffirm commitment to 'early conclusion'

Big Four partners, top professionals hit with Income Tax notices over ‘exempt income’ claims

Income Tax Department finds Rs 5 crore cash in his house; Know how a 2008 circular saved him from prosecution

RBI may give lenders key power to lock your phones in this case

FinMin asks CGST field offices to submit MRP change data after Sep 22

Deloitte US asks India staff to return to office two days a week

Sebi allows co-investment window inside alternative investment funds

Sebi cancels registration of 18 investment advisers for fee non-payment

Income Tax fraud worth Rs 500 crore unearthed in Pune: IT officials search for beneficiaries

Mumbai CA arrested for 12 crore for fake input tax credit racket

International News:

The future is here: ICAEW launches the Next Generation ACA

PCAOB posts technology in audit recommendations

Acts & Regulations:

SEBI Regulations:

SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
[Last amended on September 8, 2025]

SEBI (Real Estate Investment Trusts) Regulations, 2014
[Last amended on September 3, 2025]

SEBI (Infrastructure Investment Trusts) Regulations, 2014
[Last amended on September 3, 2025]

Useful Forms:

Income Tax Form:

The following form has been updated:
Form No. 7
Notice of demand under section 156 of the Income-tax Act, 1961
PDF & Fillable

International Content:

IFRS for SMEs modules:

Module 11—Financial Instruments

Legal Updates:

SEBI:

Revised regulatory framework for Angel Funds under AIF Regulations

Ease of regulatory compliances for FPIs investing only in Government Securities

SEBI (Alternative Investment Funds) (Second Amendment) Regulations, 2025

SEBI (Issue of Capital and Disclosure Requirements) (Second Amendment) Regulations, 2025

SEBI (Employees’ Service) (Amendment) Regulations, 2025

SEBI (Listing Obligations and Disclosure Requirements) (Third Amendment) Regulations, 2025

IFSCA:

Market Access through Authorized Persons on Bullion Exchange