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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, …
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Tax Audit Report Due Date Extended by CBDT for AY 2022-23

CBDT has extended the due date for filing of Tax Audit Report (TAR), Transfer Pricing Report (TPR), etc. in respect of FY 2021-22/ AY 2022-23, from 30/09/2022 to 07/10/2022. …
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Govt. Clarification on Premature Closure due to death of SCSS Account holder

Government has clarified certain concerns, relating to the premature closure of SCSS Accounts by banks/post offices, upon death of the SCSS Account holder(s).
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New IT Rule 132 on Application for Re-computation of Income u/s 155(18): CBDT Income Tax Notification 111/2022

New IT Rule 132 on “Application for Re-computation of Income under Sub-section (18) of Section 155” has been inserted by CBDT, along with new IT Forms 69 and 70, …
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Commencement Date of Certain Sections of CGST Act 2017 amended by FA 2022: CBIC Central Tax Notification 18/2022

CBIC notifies the commencement date of certain sections of the CGST Act 2017 amended by the Finance Act 2022 as 01/10/2022. Accordingly, the provisions of Sections 100 to 114, …
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MCA Extends Due Date for DIR 3 KYC of Directors (Web) FY 2021-22: General Circular 9/2022

MCA has extended the deadline for filing Form DIR-3 KYC (including DIR-3 KYC Web) in respect of Financial Year (FY) 2021-22 from 30/09/2022 to 15/10/2022 without payment of fee, …
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CBDT Extends Timeline for ITR Filing by Successor Companies u/s 170A

CBDT extends timeline for filing of modified Income Tax Return (ITR) in Form ITR-A by a successor company u/s 170A from 30/09/2022 to 31/03/2023 in certain cases, where the order …
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ICAI’s Technical Guide on Audit of Charitable Institutions u/s 12A (2022 Edition)

ICAI has issued ‘Technical Guide on Audit of Charitable Institutions u/s 12A of the Income-tax Act, 1961‘ (2022 Edition), for guidance and assistance of Members/ Other Stakeholders, in view …
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ICAI mandates Audit Quality Maturity Model (AQMM) Evaluation

ICAI has made it mandatory for certain audit firms that conduct audits of listed entities, banks (other than single state co-operative banks), and insurance companies to evaluate their audit …
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New IT Rule 12AD/ Form ITR-A for Return u/s 170A and Amendment in Form ITR-6: CBDT Income Tax Notification 110/2022

The CBDT notifies the Income-tax (31st Amendment) Rules, 2022, to insert a new IT Rule 12AD/ Form ITR-A regarding the filing of a Return of Income by a Successor …
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