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The alley for Indian Chartered Accountants

Daily Newsletter - July 26, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Reference Section:

Useful Forms

ICAI Exposure Drafts

Acts & Regulations:

SEBI Regulations

RBI Master Circular

Legal Updates:

Income Tax

SEBI


  

News Update:

Indian News:

RBI permits banks to open vostro accounts from 22 countries for trade in rupee

Tax council to meet on Aug 2 to finalise online gaming tax: Report

Insurers gave fake invoices when quizzed on tax credit claims: Officials

Govt looks at options to allow listing of startups abroad

Sebi's move to regulate index providers on hold; revised proposal on cards

ED registers 490 fraud cases related to NPAs worth over Rs 20 crore

Use of multiple PAN cards for weddings, IVF under scrutiny of I-T officials

Rs 1.1 lakh crore GST dent from 26k invoice fraud: Finance ministry to Lok Sabha

Instant settlement of share transactions in the works: Sebi chief

100,000 tax notices to be disposed of by March: FM Nirmala Sitharaman

Finance Minister assures taxpayers of a friendly income tax regime

  

International News:

US regulator reports rising number of flawed audits


Reference Section:

Useful Forms:

Income Tax Return Forms and eFiling Utilities for AY 2023-24
[Updated as on July 25, 2023]

  

ICAI Exposure Drafts:

3 ICAI Exposure Drafts on Amendments to Ind AS 1, 12, 22 and 107


Acts & Regulations:

SEBI Regulations:

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) (Second Amendment) Regulations, 2023

SEBI (Stock Brokers) (Second Amendment) Regulations, 2023

Securities Contracts (Regulation) (Stock Exchanges and Clearing Corporations) Regulations, 2018 [As amended on July 24, 2023]

  

RBI Master Circular:

Master Circular - Management of Advances - UCBs


Legal Updates:

Income Tax:

​Clarification on information to be reported by Reporting Financial Institutions (RFIs) in respect of reportable accounts u/s 114F(5)

Condonation of delay under clause (b) of sub-section (2) of section 119 of the Income-tax Act, 1961 for returns of income claiming deduction u/s 80P of the Act for various assessment years from AY 2018-19 to AY 2022-23 [Circular No.13]

  

SEBI:

Resources for Trustees of Mutual Funds


 

 

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