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Daily Newsletter - August 9, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Reference Section:

SEBI FAQs

Exposure Draft:

FRC Draft

Useful Forms:

ITR Utilities

Legal Updates:

Income Tax

SEBI

Customs


  

News Update:

Indian News:

PwC resigns as auditor of Paytm amidst ‘changes’ in holding company's auditors

Sebi slaps Rs 20 lakh fine on 4 individuals for non-genuine trades

Govt now selective in levying dumping duty

CAG asks FinMin to put in place online Customs refund system for efficiency

Exporters seek amnesty scheme on IGST refund issues

Niti Aayog looking at tax related issues of engineering, leather, textile industry

Post Supreme Court ruling, banks turn wary of declaring accounts as 'wilful default'

Companies Act: Kolkata leads in withdrawal of cases

NFRA Chief Stresses On Audit Documentation

Sebi considers more disclosures for conglomerates, unlisted entity transactions

Why moonlighting professionals have come under Income Tax Department’s scanner

14,277 GST appeals pending against disputed tax demands by authorities

Lok Sabha passes Digital Personal Data Protection Bill, 2023

Sebi mandates FPIs to carry 10% of corporate bonds trades via RFQ platform

  

International News:

Auditors of Crypto Assets Struggle to Satisfy PCAOB

Business groups oppose PCAOB's NOCLAR standard

Accounting Firms Are Messing Up on Audits at an Unacceptable Rate, Says PCAOB Chair

FRC consults on revisions to Ethical Standard for auditors

Panama Papers law firm outsourced offshore deals to accountant in India, new reporting shows


Reference Section:

SEBI FAQs:

FAQs on SEBI Registered Investment Advisers


Exposure Draft:

FRC Draft:

Ethical Standard 2023
Key changes

[Last date for Comments: October 31, 2023] 


Useful Forms:

ITR Utilities:

ITR 6 - eFiling Utilities for Windows and Mac


Legal Updates:

Income Tax:

The Income-tax (Fifteenth Amendment) Rules, 2023 [Notification No.58]

  

SEBI:

Reduction of timeline for listing of shares in Public Issue from existing T+6 days to T+3 days

Facility to remedy erroneous transfers in demat accounts

  

Customs:

Appointment of Common Adjudicating Authority for the purpose of adjudication of finalization of Provisional Assessment in SVB case w.r.t. M/s Mageba Bridge Products Pvt. Ltd, Kolkata [No.59(NT)]

Authorization of Booking Post Offices and their corresponding Foreign Post Offices in terms of the Postal Export (Electronic Declaration and Processing) Regulations, 2022 [Circular No.20]


 

 

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