ICAI Guidelines on use of prefix ‘CA’ in Social Media
The ICAI has issued an advisory to its members regarding the use of prefix ‘CA’ in the name or the designation as ‘Chartered Accountant’, when expressing opinions/ views on …
Category: Profession
CBDT further Extends Timeline to Allow Validation of UDINs upto 30/11/2022
CBDT has further extended the last date/ timeline for allowing validations of UDINs upto 30/11/2022, in respect of forms filed/ uploaded during 01/04/2021 to 31/03/2022 on the e-filing Portal, …
ICAI’s Handbook on I-T Compliance for Donations Received by Charitable Trusts (Form 10BD/ 10BE)
In light of recent changes in the Income Tax provisions relating to compliance by charitable religious trusts/institutions, the ICAI has issued a new publication, ‘Handbook on Statement of Donations …
ICAI’s Ceiling Limit on Specified Number of Tax Audits by CA Firm (AY 2022-23)
ICAI’s Ceiling Limit on Specified Number of Tax Audits by a CA Firm during AY 2022-23 is 60, exclusive of tax audits conducted u/s 44AD, 44ADA and 44AE (Presumptive …
Extension of Time Limit for Generating UDIN from 15 to 60 days: ICAI
ICAI has announced to extend the time limit for generating UDIN from 15 days to 60 days from the date of the signing of certificates/ reports/ document with immediate …
ICAI Condonation Scheme for Missed UDINs Extended upto 28/02/2021
ICAI has extended the one time Condonation Scheme for regularizing earlier missed/ delayed UDINs, from 31/01/2021 to 28/02/2021. The new initiative of UDIN was introduced by ICAI in a phased …
UDIN to be validated during uploading of Tax Audit Reports (TAR): CBDT
E-filing portal of Income Tax Deptt. (CBDT) shall validate UDIN generated from ICAI portal, during uploading of Tax Audit Reports (TAR), etc. with effect from 27/11/2020. Further, CAs who …
ICAI’s Revised Minimum Rates of CA’s Professional Fees for Professional Assignments
The Committee for Members in Practice (CMP) of ICAI has prescribed the Revised Minimum Recommended Scale of Fees for the professional assignments done by the Chartered Accountants/ Members. However …
Results of GSTP Exam on 12/12/2019 for ‘Confirmation of Enrollment on GST Network’ by NACIN
NACIN has announced the GSTP exam results, in respect of last examination held on 12/12/2019 for confirmation of enrollment on GST Network, under CGST Rule 83(3), i.e. for candidates …
ICAI’s Implementation Guide on ‘Revised SA 720: Auditor’s Responsibilities Relating to Other Information’
ICAI has released the Implementation Guide on ‘Revised SA 720: The Auditor’s Responsibilities Relating to Other Information’, comprising of FAQs on key relevant issues along with illustrative formats of …