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Daily Newsletter - July 22, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Reference Section:

CA's Referencer

From the ICAI:

ICAI Publications

ICAI Exposure Draft

Acts & Regulations:

IBBI Regulations

Legal Updates:

Income Tax


  

News Update:

Indian News:

Salaried individuals under I-T scanner as taxman serves notices asking assessees for documentary proof to claim exemption

Choco in chikki to attract 18% GST

Sebi planning unique identity code for FPIs

When facing problems, companies should also look at strengthening audit committees, independent directors: NFRA chief

Don’t see us as a villain, NFRA Chairman Pandey tells auditing fraternity

NFRA Chairperson Dr. Ajay Bhushan Pandey participates in 3rd International Conference

Use of Technology in Judicial Institutions

Auditors must follow process, auditing must not be ticking exercise: NFRA

Old GST dues weigh on IBC bidders

Sebi introduces a separate sub-category for ESG investments

  

International News:

EY expects more failing grades from US audit inspectors

Australia: Audit firm becomes the first to adopt nine-day fortnight


Reference Section:

CA's Referencer:

CA's Referencer: SEBI: New additions


From the ICAI:

ICAI Publications:

Latest additions to ICAI Reference Publications

  

ICAI Exposure Draft:

Guidance Note on Tax Audit under Section 44AB of the Income-tax Act, 1961 - AY 2023-24
(Effective for the AY 2023-24 and subject to amendments made by law, judiciary or administration, for the subsequent assessment years)

[Last date for Comments: August 6, 2023] 


Acts & Regulations:

IBBI Regulations:

IBBI (Insolvency Resolution Process for Corporate Persons) Regulations, 2016 (Amended upto 20.07.2023)

IBBI (Insolvency Professionals) Regulations, 2016 (Amended upto 20-07-2023)


Legal Updates:

Income Tax:

Income Tax Advisory

TDS exemption for dividend received from any unit IFSC engaged in the business of leasing aricrafts [Notification No.52]

  


 

 

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