Accounting News Articles For Chartered Accountant CA,CMA-CASANSAAR|P1
Middle Image
   Login  |  Register  |  Forgot Password 
Below Login Ad

News - (Get Professional Updates on Whatsapp, Msg on 8285393786)

Now file GST returns through SMS - Big relief to small traders
Posted Date : 27-Oct-2020 , 10:35:48 am | Posted By CASANSAAR

Another process of filing GST returns has been made easier for small traders. The GST Network (GSTN) has started the facility of filing quarterly returns through SMS for composition taxpayers with NIL returns. A total of 17.11 lakh taxpayers are registered under the composition scheme, out of which ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 18

Extension of due dates for Annual Return and Reconciliation Statement for 2018-19
Posted Date : 24-Oct-2020 , 03:13:16 pm | Posted By CASANSAAR

Extension of due dates for Annual Return and Reconciliation Statement for 2018-19 ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 250

Extension of due date of furnishing of Income Tax Returns and Audit Reports
Posted Date : 24-Oct-2020 , 03:08:21 pm | Posted By CASANSAAR

In view of the challenges faced by taxpayers in meeting the statutory and regulatory compliances due to the outbreak of COVID-19, the Government brought the Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 (‘the Ordinance’) on 31st March, 2020 which, inter alia,...

Continue Reading...

Category : Tax Audit | Comments : 0 | Hits : 497

Punjab & Sind Bank reports IFIN as fraud account to RBI
Posted Date : 24-Oct-2020 , 09:42:59 am | Posted By CASANSAAR

Punjab and Sind Bank on Friday said it has reported to the Reserve Bank of India (RBI) the account of IL&FS Financial Services (IFIN) as fraud with outstanding dues of over Rs 561 crore. The NPA account, IL&FS Financial Services, with outstanding dues of Rs 561.13 crore has been declared ...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 316

Writ Filed in Various High Courts for Tax Audit Due Date extension
Posted Date : 24-Oct-2020 , 09:31:14 am | Posted By CASANSAAR

The Rajasthan Tax Consultants Association vs. Union of India (Rajasthan High Court), D.B. Civil Writ Petition No. 12605/2020. Matter will come up for hearing on 02nd November 2020 as per order dated 22.10.2020. The All Gujarat Federation of Tax Consultants Vs. Union of India (Gujarat High Court)...

Continue Reading...

Category : Tax Audit | Comments : 0 | Hits : 222

Request to Tweet / Retweet for Extension of Due Dates with #extendduedates
Posted Date : 23-Oct-2020 , 10:42:45 am | Posted By CASANSAAR

XML Schema for Income Tax Audit forms Form 3CA-3CD and Form 3CB-3CD has been updated yesterday night incorporating new 3CD reporting requirements applicable from 01st October 2020.   You Retweeted       ...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 507

RBI to conduct purchase of Govt securities under OMOs for Rs.20,000 Cr
Posted Date : 23-Oct-2020 , 10:18:24 am | Posted By CASANSAAR

On a review of the current liquidity and financial conditions, the Reserve Bank of India (RBI) today said that it has decided to conduct purchase of Government securities under Open Market Operations (OMOs) for an aggregate amount of Rs. 20,000 crores on 29th of this month. OMOs in general sense ...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 196

SEBI pulls up Prabhat Dairy for failing to comply with Auditors
Posted Date : 22-Oct-2020 , 10:05:02 am | Posted By CASANSAAR

The Securities and Exchange Board of India (Sebi) which is investigating suspected irregularities in the delisting of Prabhat Dairy Ltd Tuesday asked the company to deposit Rs.1,292 crore in an escrow account for failing to cooperate with forensic auditors. Sebi is probing whether Prabhat Dairy d...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 260

IFSCA prescribes regulatory framework for REITs and InvITs in IFSC
Posted Date : 22-Oct-2020 , 09:46:11 am | Posted By CASANSAAR

The International Financial Services Centres Authority (IFSCA), with an objective to develop the financial products and services in the Gujarat International Finance Tec-City International Financial Services Centre (GIFT IFSC) has prescribed the regulatory framework for Real Estate Investment Trusts...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 165

Mutual Recognition Agreement (MRA) between ICAI and Malaysian Institute of Certified Public Accountants
Posted Date : 22-Oct-2020 , 09:36:24 am | Posted By CASANSAAR

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has approved the Mutual Recognition Agreement between the Institute of Chartered Accounts of India (ICAI) and the Malaysian Institute of Certified Public Accountants (MICPA) to enable appropriately qualified CA (Chartered ...

Continue Reading...

Category : ICAI | Comments : 0 | Hits : 230

Income Tax survey to be conducted only after nod from high-ranked officers
Posted Date : 21-Oct-2020 , 10:11:36 am | Posted By CASANSAAR

Income tax surveys to collect information for scrutiny assessment will be undertaken by the tax deducted at source (TDS) directorate only after approval from principal chief commissioner or chief commissioner level officer, the Central Board of Direct Taxes (CBDT) has said. The CBDT has issued direc...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 329

CBDT keeps tolerance range for transfer pricing unchanged
Posted Date : 20-Oct-2020 , 08:53:42 am | Posted By CASANSAAR

The Central Board of Direct Taxes (CBDT) on Monday reiterated tolerance range of 1-3% under transfer pricing rules for the current financial year even though experts said it was expected that the tax department would provide concession given the Covid-19 pandemic. India’s transfer pricing r...

Continue Reading...

Category : CBDT | Comments : 0 | Hits : 255

No violation of any law in bringing cooperative banks under supervisory control
Posted Date : 20-Oct-2020 , 08:46:34 am | Posted By CASANSAAR

The Reserve Bank of India has said that there is no violation of any law of the nation in bringing the cooperative banks under its supervisory control. In an affidavit filed in the Madras High Court today, the RBI has said, the recent legislation enacted in Parliament is aimed at regulating banki...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 214

How many Tax Audit have you completed so far ?
Posted Date : 19-Oct-2020 , 09:51:57 am | Posted By CASANSAAR

How many Tax Audit have you completed so far ? Plz participate in the online poll on Twitter. Here is the link for the same https://twitter.com/casansaar/status/1318043967749935105 #extendduedates #ExtendDueDate  ...

Continue Reading...

Category : Tax Audit | Comments : 0 | Hits : 675

CBDT clamps down on coercive assessment, tax recovery measures by officers
Posted Date : 17-Oct-2020 , 09:44:06 am | Posted By CASANSAAR

The Central Board of Direct Taxes (CBDT) has restricted the coercive and intrusive powers of assessing and tax recovery officers with immediate effect. In its circular, the board asked the officers to take coercive and intrusive measures only after exhaustion of other means of recovery. It sai...

Continue Reading...

Category : CBDT | Comments : 0 | Hits : 371

CBIC advises businesses to rectify GST return filing defaults
Posted Date : 16-Oct-2020 , 09:39:40 am | Posted By CASANSAAR

The Central Board of Indirect Taxes and Customs (CBIC) on Thursday urged businesses to ensure that their pending tax returns are filed as defaults could prevent them from transporting goods. CBIC said that taxpayers with sales above Rs.five crore in the previous fiscal are advised to ensure that ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 845

Income Tax Department carries out searches in Delhi, NCR and Haryana
Posted Date : 16-Oct-2020 , 09:24:40 am | Posted By CASANSAAR

The Income Tax Department has carried out a search and seizure action on 14.10.2020 in the case of a leading advocate practicing in the field of commercial arbitration and alternate dispute resolution. He was suspected to be receiving substantial amounts in cash from his clients, to settle their dis...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 299

SEBI cautions investors against unsolicited investment tips on WhatsApp, Telegram
Posted Date : 15-Oct-2020 , 10:37:30 am | Posted By CASANSAAR

With an objective to protect investors from unreliable stock tips, market regulator Securities and Exchange Board of India (Sebi) on Wednesday advised investors to not rely on unsolicited stock tips that are circulated through bulk SMS, websites and social media platforms. Sebi further advised ma...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 253

MSME Ministry implements AI & ML tools to get insights into MSME related issues and grievances
Posted Date : 15-Oct-2020 , 10:27:56 am | Posted By CASANSAAR

The Ministry of MSME in a major initiative has onboarded latest IT tools of Artificial Intelligence(AI) and Machine Learning (ML) for providing assistance and solutions to the issues of Micro, Small, and Medium Enterprises (MSMEs). Ministry has implemented AI & ML on its robust Single Window Sys...

Continue Reading...

Category : MSME | Comments : 0 | Hits : 441

Advisory with regard to compliance with the Website Guidelines of the Institute - ICAI
Posted Date : 15-Oct-2020 , 10:21:14 am | Posted By CASANSAAR

The Institute of Chartered Accountants of India 14th October, 2020 No. M-626/14/2020Advisory   The members are aware that the Council has issued the Website Guidelines in 2001, which have been revised from time to time. The Guidelines, as revised in the 388th Meeting of Council held on 6t...

Continue Reading...

Category : ICAI | Comments : 0 | Hits : 280

Govt. designates single SBI branch for all FCRA accounts
Posted Date : 14-Oct-2020 , 09:39:18 am | Posted By CASANSAAR

The Ministry of Home Affairs (MHA) has asked all NGOs seeking foreign donations to open a designated FCRA account at the State Bank of India’s New Delhi branch by March 31, 2021. The MHA order reiterated that NGOs registered under FCRA shall not receive any foreign donations in any other ba...

Continue Reading...

Category : Banking | Comments : 0 | Hits : 1027

FinMin statement on misinterpretation of LTC stimulus and its benefits
Posted Date : 14-Oct-2020 , 09:28:57 am | Posted By CASANSAAR

A report has appeared in the Economic Times Markets (ETMarkets.com) which gives the impression that the LTC voucher scheme for Government employees may not be attractive. Unfortunately, the piece which it relies on has a serious factual error in its understanding of how Government LTC works. It is b...

Continue Reading...

Category : Income Tax | Comments : 0 | Hits : 192

Revised Schedule of Chartered Accountant Examinations, November 2020
Posted Date : 14-Oct-2020 , 09:17:52 am | Posted By CASANSAAR

In continuation to the Announcement dated 15th July, 2020; as also Announcement dated 8th October 2020 made regarding Opt-Out window, another Announcement dated 8th October 2020 regarding SOP guidelines for examinees Centres and Centre Superintendent/ observers; it is hereby notified for general inf...

Continue Reading...

Category : Students Zone | Comments : 0 | Hits : 354

Key takeaways from the GST Council meet on October 12
Posted Date : 13-Oct-2020 , 08:32:11 am | Posted By CASANSAAR

The states' representatives, including those governed by the Opposition parties, faced each other at the Goods and Services Tax (GST) Council meet chaired by Finance Minister Nirmala Sitharaman via video conferencing on October 12 to discuss the GST compensation for state governments for FY21. ...

Continue Reading...

Category : GST | Comments : 0 | Hits : 561

Govt to give cash vouchers to staff in lieu of LTC this year- FM
Posted Date : 13-Oct-2020 , 08:10:43 am | Posted By CASANSAAR

In a bid to stimulate demand in the economy, the government on Monday announced giving out cash vouchers to central government employees this year in lieu of leave travel concession (LTC) fare which could be spent only on buying non-food GST-rated items. Finance Minister Nirmala Sitharaman said t...

Continue Reading...

Category : General | Comments : 0 | Hits : 121

Govt to give Rs 12,000 cr interest-free 50-year loan to states for capital projects
Posted Date : 13-Oct-2020 , 08:07:18 am | Posted By CASANSAAR

Finance Minister Nirmala Sitharman on Monday announced a Rs 12,000 crore interest-free 50-year loan to states for spending on capital projects in a bid to boost economy. Addressing a press conference, she said, out of the Rs 12,000 crore, Rs 1,600 crore will be given to north-eastern states and R...

Continue Reading...

Category : General | Comments : 0 | Hits : 119

GST Council to meet today to discuss compensation issue
Posted Date : 12-Oct-2020 , 09:48:14 am | Posted By CASANSAAR

Finance Minister Nirmala Sitharaman will chair the 43rd GST Council meeting through video conferencing in New Delhi today. The decision on the mode of payment of pending GST compensation share of the states is likely to be discussed in the meeting. The meeting will be attended by Minister of State f...

Continue Reading...

Category : GST | Comments : 0 | Hits : 122

Digital payments soar manifold in 5 years to FY20 - RBI
Posted Date : 12-Oct-2020 , 09:15:37 am | Posted By CASANSAAR

Concerted efforts by the Reserve Bank to move to a non/less-cash economy by pushing digital payments have begun to pay rich dividends as the volume of such payments has jumped manifold in the past five years, the latest data from the central bank showed. Between 2015-16 and 2019-20, digital payme...

Continue Reading...

Category : RBI | Comments : 0 | Hits : 102

SEBI slaps Rs 1.62 Cr penalty on 9 entities for fraudulent trading
Posted Date : 10-Oct-2020 , 09:48:44 am | Posted By CASANSAAR

Capital markets regulator Sebi on Friday slapped a penalty totalling Rs 1.62 crore on nine entities for indulging in fraudulent trading in the scrip of Sterling Green Woods Ltd. The regulator levied a fine of Rs 18 lakh each on Radhe Krishna Broking, Harshad Panchal, Hemang Shah, Abhishek Soni, Umes...

Continue Reading...

Category : SEBI | Comments : 0 | Hits : 359

Annual Return (GSTR-9)and Reconciliation Statement (GSTR 9C) for FY 2018-19
Posted Date : 10-Oct-2020 , 09:44:02 am | Posted By CASANSAAR

Vide notification No. 69/2020 – Central Tax, dated 30.09.2020, the due date for furnishing of the Annual Return for the FY 2018-19 has been extended till 31.10.2020. Certain representations have been received stating that the auto populated GSTR 9 for the year 2018-19 (Tables 4, 5, 6 and 7)...

Continue Reading...

Category : GST | Comments : 0 | Hits : 742

News By Categories

More Categories

Search News

 
 
 

Professional News For CA,CS,CMA.Fresh Accounting News Articles On Income Tax,Service Tax,Sales Tax, Vat,Company Law,RBI,CAG,Custom,Excise On CASANSAAR

www.casansaar.com
...keeps you updated

Home

  |  News

  |  Articles

  |  Discussion

  |  CA Firms

 |  Members

 |  CA Community

 |  Jobs

 |  Empanelment

 |  Files

 |  Matrimonial

 |  Students zone

 |  Queries

 |  Classified Ads

 |  Events

 |  About us

 |   Top Members

 |  Coaching Centres

  | Testimonials

 | Judiciary

 | Videos

 | Notifications/Circulars

 | Book

 | eDirectory

 | Interview

 | Website

 | Emails

 | Software

 |  Score Board

 |   Press Release  

 |   Blood Bank  

  |   Opinion Poll  

  |   Feedback
 |   Advertise us

 |   Terms & Conditions

 |   Contact us
 |   Blog

  |   Sitemap

  |   Income Tax

  |   Auditing

  |   Bank

  |   Bank branch audit

  |   Banking

  |   Black Money

  |   CA

  |   CA Announcement

  |   TDS

  |   Students Zone

  |   Custom

  |   VAT

  |   Service Tax

  |   Corporate Law

  |   General

  |   Excise

  |   SEBI

  |   Finance

  |   GST

  |   ICAI

  |   FEMA

  |   ICWAI

  |   ICSI

  |   DGFT

  |   RBI

  |   IFRS

  |   CAG

  |   Budget

  |   Merger & Acquisitions

  |   International Business

  |   Shares & Stock

  |   Excel Tips

  |   International Taxation

  |   ITR

  |   Chartered Accountant

  |   Tax Audit

  |   Companies Act

  |   Money Laundering

  |   MCA

  |   Income Tax Refund

  |   NPA

  |   Income tax software

  |   CST

  |   CA Exams

  |   CA Results

  |   CBDT

  |   Accounting Standards

  |   DIN

  |   Judical Announcement

  |   MDP

  |   PAN

  |   Whats App

  |   Secretarial Standards

  |   NGO

  |   CA Convocation

  |   Finance Bill

  |   ICAI Notification

  |   CARO

  |   COMPANIES SECRETARY

  |   Accounts

Follow Us : Twitter Icon Facebook Icon Orkut Icon Linkedin Icon Linkedin Icon

CASANSAAR Updates

Developed By: CASANSAAR Copyright © casansaar

Top Accounting Firms,CA COMMUNITY,CA SANSAAR,Chartered Accountant,Ca Networking Firms,Partner Portal,Ca Assignments,CA,Online Communities For Chartered Accountant,Circle For Ca,CS,CMA and FINANCE,Articles By CA / CS / CMA,accounting news articles,Ca Firms In Delhi,CA ANNOUNCEMENT

accounting jobs,article trainees,best website creator,empanelment,income tax slab, ITR, TDS Chart,budget of india 2014-15,gst,auditing,Income tax,students zone,cpt,community matrimony for ca,Classified Ads,Community Matrimony For Ca,Students Zone,Coaching Classes,Company Secretary,Cost Accountant,Judiciary.