CBIC has issued clarification/guidelines for verification of the transitional input tax credit (ITC) by the field formations, in light of the Orders of the Hon’ble Supreme Court dated 22/07/2022 …
CBIC has issued clarification on issues related with refunds of unutilized input tax credit (ITC), accumulated due to an inverted duty structure, u/s 54(3) read with Rule 89(5) and …
ICAI has mandated Phase I (beginning on April 1, 2022) and Phase II (beginning on April 1, 2023) for obtaining a peer review certificate by the relevant practise units.
The CBDT has put out Explanatory Notes to the provisions of the Finance Act, 2022, mostly to explain the changes and new rules about income tax (see Circular 23/2022). …
NFRA has issued a Circular/ Advisory against Companies not accruing the Interest Liability on NPA Borrowings in violation of the IND AS 109. During a disciplinary proceeding u/s 132(4) …
CBDT extends due date for filing of TDS Return/ Statement in Form 26Q for the second quarter of Financial Year 2022-23, from 31/10/2022 to 30/11/2022.
CBDT extends the due date for filing Income Tax Return (ITR) u/s 139(1) for AY 2022-23 from 31/10/2022 to 07/11/2022 for corporate assessees or where tax audit is applicable.
ICAI has released the Guidance Note (2022) on Transfer Pricing Reports u/s 92E, which integrates amendments made by the Finance Act 2022.
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 …
CBIC has notified that the due date for filing the return in Form GSTR-3B for the month of September 2022 has been extended up to October 21, 2022 in …