Download ICAI implementation guide for reporting on Revised Tax Audit Clauses CBDT vide Notification No. 33/2018 dated 20th July, 2018 has made revisions to Form No. 3CD wherein it requires additional requirements to be reported. The additional inclusions…

ICAI Valuation Standards effective for the valuation reports issued on or after 1st July, 2018
Institute of Chartered Accountants of India (ICAI) issues ICAI Valuation Standards 2018 as a benchmark for Valuation Practices applicable for Chartered Accountants…

E-filing Site not allowing login 
posted on 25th August 2018, 5.55 PM
Income Tax E filing site is throwing glitches since yesterday and as a result the work of filing Income tax returns is hampered across the country. The site is showing a message as

Due Date for furnishing Income Tax Returns extended from 31st August 2018 to 15th September, 2018 for all Income Tax assessees in Kerala
The Central Board of Direct Taxes (CBDT) had earlier extended the ‘Due Date’ for filing of Income Tax Returns from 31st…

Login on Income Tax E Filing Site not working. Today is the last day to file the returns #IncomeTax https://t.co/YfJzxReMti

CBDT revises Tax Audit Report Schema wef 1st September 2018
The Central Board of Direct Taxes (CBDT) have released schema for Revised Form 3CD schema (Tax Audit Report) version 1.13 on 1st September 2018 A total of 5 changes have been effected in the revised…

ITR preparation utilities for all ITRs (except ITR 6) revised wef 1st September 2018
The Central Board of Direct taxes have revised the Income Tax Return preparation utilities (Excel as well as Jave based) for all ITR Forms except ITR 6 wef 1st September…

ICAI issues clarification on  Notifications no. G.S.R. 307(E) and G.S.R. 308(E) dated 30th March 2017 issued by Ministry of Corporate Affairs
Clarification on Applicability of Notifications no. G.S.R. 307(E) and G.S.R. 308(E) dated 30th March 2017 issued…

Two govt nominees alongwith Returning officer to enquire and regulate violation of the Election Code of Conduct.
Ministry of corporate affairs, Govt of India (MCA) under whose administrative control the Institute of Chartered Accountants of India  (ICAI)…

CBDT revises Tax Audit Report Schema 6th time during the year
The Central Board of Direct Taxes (CBDT) have released schema for Revised Form 3CD schema (Tax Audit Report) version 1.14 on 7th September 2018. A total of 13 changes have been effected in the…

VOTE in ICAI Elections via Post
The election to Twenty Fourth Council of ICAI will be held in December, 2018. Following is the schedule for voting.
 
It is important to exercise our right of vote to elect candidate of our preference who represent us for next…

CA students and other stakeholders are advised not to get misled by such baseless contentions being raised
The Institute of Chartered Accountants of India , ICAI have issued an important announcement today i.e. 8th September 2018 as follows regarding doubts…

ICAI forms group to review the evaluation of examination answer books system
In a welcome step , the Institute of Chartered Accountants of India  (ICAI) have formed a group to review the evaluation of CA examination answer books system.
ICAI have issued a…

Due date for filing GSTR 1 for all GST registered taxpayers extended upto 31st October 2018 for period from July, 2017 to September, 2018 
Ministry of Finance
Extension of Due Dates for filing of FORM GSTR-1 and FORM GSTR-3B in certain cases 
Posted On: 10…

Ministry of Corporate affairs notifies rules applicable from 2nd October 2018
 
 
 
The Ministry of Corporate Affairs (MCA) has notified that with effect from 2nd October, 2018, issue of further shares and transfer of all shares by unlisted public companies…

ICAI asks to extend due date upto 31st October, 2018
The Direct tax committee of ICAI have submitted a second representation to Chairman, CBDT to extend due date of submission of tax audit reports for AY 2018-19 to 31st October 2018 from existing 30th September…

Complainant can send E-mail with evidence in prescribed format
The election to Twenty Fourth Council of ICAI will be held on 7th and 8th December, 2018. Code of Conduct to be followed by Candidate or his authorized representative for election have came into…

Download ICAI FAQs and MCQs on GST - 12th September 2018 edition
ICAI has always been supporting the Government with its intellectual resources, expertise and efforts to make the GST transition a great success and disseminating its role of being a Partner…

Form 9 C GST Audit Report format notified by CBIC
AS per Rule 80 of CGST Rules, every registered person whose aggregate turnover during a financial year exceeds two crore rupees shall get his accounts audited as specified under sub-section (5) of section…

Directors liable for Penalty of Rs. 5000 after due date, ICSI submits representation for due date extension
Users are not able to upload form DIR-3 KYC on MCA portal since last 2 days. Today is the due date for same. The Portal is throwing glitches of various…