caalley logo

The alley for Indian Chartered Accountants

CAalley Newsletter dated March 3, 2023

Go to Newsletter Archives

Latest additions to CAalley:

News Update:

Indian News

International News

Acts & Regulations:

SEBI Master Circular & Regulations

Useful Forms:

MCA Forms

International Content:

International Ethics Standards Board for Accountants [IESBA]

Legal Updates:

Income Tax

Service Tax




News Update:

Indian News:

Implementation of certain norms could perpetuate existing market dominance: CEA

RBI slaps Rs 3.06 cr penalty on Amazon Pay (India) for violation of norms

‘Entities working in India must comply with relevant laws’: Jaishankar tells UK foreign secy on BBC tax issue

Not very satisfied with present performance of fast track special courts: Rijiju

Credit rated Indian banks can move over to IFRS 9: S&P Global Ratings

RBI launches 2 surveys to gather 'useful inputs' for monetary policy


International News:

U.S. Accounting Rulemakers Studying How Investors Use Artificial Intelligence to Consume Financial Data

IESBA releases final code revisions to group audits

CFOs struggle to move past ‘transactional’ responsibilities

Acts & Regulations:

SEBI Master Circular & Regulations:

Master Circular for Foreign Venture Capital Investors (FVCIs)

SEBI (Depositories and Participants) (Amendment) Regulations, 2023

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Amendment) Regulations, 2023

Useful Forms:

MCA Forms:

MCA Forms [Updated as on March 2, 2023]

International Content:

International Ethics Standards Board for Accountants [IESBA]:

[Published in February 2023]

Revisions to the Code Relating to the Definition of Engagement Team and Group Audits

Basis for Conclusions

Legal Updates:

Income Tax:

Amendments to Income Tax Forms [No.8]


Service Tax:

Appointment of Additional Assistant Director as Central Excise Officer of the rank of Superintendent [No.1]



Exemption under Section 10 of the Income-tax Act, 1961



Exchange rate Notification No. 12/2023-Cus (NT) dated 02.03.2023 [No.12(NT)]

Extension of Requirement of Health Certificate to be accompanied with the import of food consignments [Instruction No.8]


Read more on:
Don't miss an update!
Subscribe to our newsletter