Daily Newsletter - August 30, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Useful Forms:

Income Tax Form - FAQs

Income Tax Offline Utilities

Exposure Drafts:

IRDAI Draft

SEBI Draft

Legal Updates:

Income Tax

SEBI

DGFT

Customs

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News Update:

Indian News:

ICAI’s forensic accounting and investigation standards to help combat financial irregularities

EPFO issues SOP for processing joint declaration for profile updation

Banks to set up portal with real-time information to handle digital frauds

GST on online games remains vexed issue despite Council blunting its impact

ICAI office bearer seeks permission to file complaint against Vice Chairman of key SRSB committee

  

International News:

PCAOB sanctions firm over auditor independence

China’s economic slump is sounding alarm bells across the world

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Useful Forms:

Income Tax Form - FAQs:

Revised FAQs for Form 27C

  

Income Tax Offline Utilities:

Updated: Common offline utility for Form 3CA-3CD and 3CB-3CD

Added: Offline Utility for Form 10B (A.Y. 2023-24 Onwards)

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Exposure Drafts:

IRDAI Draft:

Exposure Draft for Customer Information Sheet / Know Your Policy
[Last date for Comments: September 13, 2023] 

  

SEBI Draft:

Consultation Paper on Flexibility in the framework on Social Stock Exchange (SSE)
[Last date for Comments: September 19, 2023] 

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Legal Updates:

Income Tax:

Corrigendum to Notification No.65 (Valuation of Residential Accommodation provided by Employer) [No.72]

The Income-tax (Ninteenth Amendment) Rules, 2023 - New Rule 13 - Procedure to requisition services under section 132(2) and to make a reference under section 132(9D) [Notification No.70]

  

SEBI:

Guidelines for MIIs regarding Cyber security and Cyber resilience

  

DGFT:

Amendment in Export Policy of Non-Basmati Rice under HS Code 10063090 [Notification No.29]

Amendment in Registration Fees under Steel Import Monitoring System (SIMS) [Notification No.28]

SCOMET Updates 2023 - Amendment in Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS) Classification of Export and Import Items, 2018 [Notification No.27]

  

Customs:

Seeks to levy ADD pursuant to 1st SSR on Fishing Net [Notification No.8(ADD)]

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