CBDT amends IT rules retrospectively from July 2021, inserts Rule 16D and Form 56F for claiming deduction under Section 10AA, to streamline process of availing SEZ deduction.
Explore ICAI Advisory for Members to strictly comply with Section 90 of the Companies Act, 2013 and Rules on Significant Beneficial Ownership, in line with MCA's efforts to promote …
Explore ICAI's updated Manual on Concurrent Audit of Banks (2023 edition) for comprehensive guidance on auditing practices, checklists, and critical banking aspects.
The CBDT has issued new rules relaxing PAN requirements for non-resident and foreign companies transacting with IFSC banking units in India. Key changes explained.
Summary of Quarterly Changes in Interest Rates of Small Saving Schemes (KVP, MIS, NSC, PPF, RD, SB, SCSS, SSAS and Term Deposits) from FY 2016-17 to Q3 of FY …
Advance ruling by Telangana authority clarifies time of supply and invoice issuance under CGST Act for post-GST price revision of contracts entered prior to GST transition.
The ICAI handbook guides small companies on provisions & exemptions under Companies Act 2013. It simplifies compliance for transparent operations & growth.
Explore ICAI announcement on Annual Membership/ COP Fee payable by Members for FY 2023-24 latest by extended deadline pf 31/10/2023.
CBDT notifies new IT Rule 21AHA for cooperative societies to opt for 15% concessional tax rate u/s 115BAE and specifies eligibility, procedure to exercise option, and conditions.
The Government revised interest rates for small saving schemes in Q3 FY 2023-24 (Oct-Dec 2023). Notably, 5 Year Recurring Deposits will now earn 6.7% p.a., up from the previous …