Daily Newsletter - April 25, 2023
Latest additions to CAalley:
News Update:
Reference Section:
Useful Forms:
Legal Updates:
News Update:
Incriminating material must for any addition to taxable income: SC
RBI's wider NDF access may require foreign exposure proof: Bankers
Sebi recommends cancelling registration of eight AIFs
Governors must assent or send back bills ‘as soon as possible’: Supreme Court
Allow foreign currency transactions in country via RBI: Consultants & service providers urge govt
I-T dept cracks down on Bajaj Allianz, ICICI Prudential amid wider probe
UIDAI, NPCI to set up eKYC aggregator, fin entities to gain
Starting this FY, companies must maintain audit trail
GST evasion: Taxmen using data analytics to identify 'missing link' in supply chain
Competition law changes: CCI to start public consultations on Regulations
RBI looks askance at co-lending arrangements
No proposal to regulate finfluencers, clampdown on ponzi apps in works: FM
India plans to open logistics hub for Indian companies in Panama: Jaishankar
EY Leaders Are Pressured to Rebuild Trust After Failure of Split
Study Finds Negative Impact on Audit Partners who Give Adverse Internal Control Opinions
AI assisted sustainability assurance can address market capacity shortage
SVB collapse was apparent if you read the footnotes
KPMG Australia turns to AI to improve its audits
UAE allows corporate tax exemptions for public benefit entities
Reference Section:
Detecting AML is not just a tick-box exercise for accountants
[Author: ICAEW Insights]
Useful Forms:
Income Tax Return eFiling Utilities for ITR 1
Income Tax Return eFiling Utilities for ITR 4
Legal Updates:
GST Advisory: Advisory on Bank Account Validation
Modifications in the requirement of filing of Offer Documents by Mutual Funds
Bank Guarantees (BGs) created out of clients’ funds
IRDAI Information and Cyber Security Guidelines, 2023
Master Circular on Registration of Indian Insurance Company, 2023
General Credit Card (GCC) Facility – Review
Amendment in Para 4.12 (vi) of the Handbook of Procedures, 2023 [Public Notice No.9]