Hi all, the exams for May 2020 have been postponed. For CA Inter, exams will.now start from 20th June. This means u have approx 1.5 month extra to prepare for ur exams
Use that time well

Donations made to PM CARES have been notified for the purposes of Sec 80G. Further they have been kept in 100% category (without limit).
Moreover a few days back, time limit for making contribution for the purpose of deductions under Chapter VI A were extended till 30th June 2020 for AY 2020-21. accordingly donations can be made to this fund till 30th June 2020 and still deduction u/s 80G can be claimed for AY 20-21 itself

Emailing Finance Ministry issues Taxation and other Laws (Relaxation of Certain Provisions) Ordinance, 2020 today.pdf

Emailing 5_6062086634516512948.pdf

Have made this video clarifying certain issues related to taxability of Donations to PM CARES fund. Also, we have discussed some other points like constitutional validity of any extra cess that Gov may want to levy to collect extra funds

Emailing Practice questions on Tax computation.pdf

Hey everyone...The above document contains practice questions on tax computation as per tax rates applicable for AY 20-21
Students who are giving exam in May 2020 can use them for practice
Amendment videos already posted on youtubr

*June 2020

Emailing ANswers to HP Questions.pdf

In our Income tax Module 1 for Nov 2020, I had not given answers of HP chapter in book itself
Students taking F2F or virtual tax classes from our institute, pls refer to above document for answers of HP Chapter

Emailing Sanchit sir Contact details.pdf

Trying my best to reply all queries at earliest on whatsapp ...If any query remains unanswered, DM on instagram pls

Contact details in pdf shared above

🖥ICAI WEBCAST UPDATES: ADDRESSED BY ICAI PRESIDENT & VICE PRESIDENT :

🎈ICAI is working to provide reverification result within 7 Days

🎈ICAI to reduce the time taken to announce result by 15 Days
100% Machine Checking of Papers by 2024

🎈ICAI is creating a Case Study of Question Bank of 5000 Case Studies.

🎈Council has approved the Virtual/Online Classes for Post Qualification Courses

🎈CDS Portal will be started immediately after Lockdown

🎈ICAI will come out with Research Paper on Revival of Economy post COVID-19

🎈Guidelines might be issued for Digital Signing of Audit Reports due to Covid 19

🎈ICAI looking for Case Study Developer

🎈 ICAI will promote work from home culture for women members

🎈No reduction in Job Opportunities for CA's due to COVID-19

🎈Correction window might be reopened only for change of center and not group.


🎈No extension of Last Attempt of Old Syllabus of IPCC/FINAL

🎈No postponement/preponement of June 2020 attempt

🎈Level of Examination of June 2020 exam will be same, Exam Postponement Will Not Make Exam Harder

🎈ICAI - MTP will Commence After 1st May

🎈Whether MCQ Question Paper of June 2020 will be given or not
- is not clearify yet

🎈Lockdown period will not be treated as Holidays for Articles and considered as working but those who are on leaves for examination it will not be considered as working

🎈Earmarked 100 crore for Student Scholarship

🎈No exemption for CS from CA Articleship

🎈 Council Will Come Online every month to answer queries

Photo from Sanchit Grover

Coronavirus outbreak: Centre to release another Rs 34,000 cr compensation to states soon
https://www.financialexpress.com/economy/coronavirus-outbreak-centre-to-release-another-rs-34000-cr-compensation-to-states-soon/1922569/
Shared via Financial Express Android App

Haan bhai GST compensation cess k baare me pada tha na GST me....bas wahi release kiya hai Centre ne States ko..!!