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The alley for Indian Chartered Accountants

Daily Newsletter - June 30, 2023

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Latest additions to CAalley:

News Update:

Indian News

Reference Section:

CA's Referencer

From the ICAI:

ICAI Announcement

Legal Updates:

Income Tax

GST

SEBI

IRDAI

DGFT


  

News Update:

Indian News:

Consumer affairs dept asks online platforms to not use 'dark patterns'

I-T Department Conducts Verification of Reporting Entities

Out-of-court settlement does not attract GST: AAR

Bank giant bigger than Morgan Stanley arises from HDFC Bank, HDFC Ltd merger

SEBI to strengthen investor grievance handling mechanism

Input tax credit not available for GST paid on CSR work expenses: UP AAR

Sebi tightens disclosure rules for FPIs with 50% in 1 business group

Sebi finalising draft discussion paper over guidelines for 'finfluencers'

ESOPs to board changes: Advocacy by institutional shareholders surges 44%

Rs 40 crore I-T refund scam busted in Hyderabad, 8 consultants under scanner

I-T dept issues notices to 15 social media influencers over low tax payment

GST officers bust nexus of 30 fake firms for passing Rs 50 cr ITC

Tax hike on international transactions to come into effect from Oct 1

IRDAI lists steps to closely monitor insurers’ exposure to AIFs


Reference Section:

CA's Referencer:

Multiple Choice Questions (MCQs) on Engagement and Quality Control Standards

Ready Referencer on Engagement and Quality Control Standards


From the ICAI:

ICAI Announcement:

Changing of cut-off date for the Bank Branch Auditors Panel


Legal Updates:

Income Tax:

​Extension of time limits for submission of certain TDS/TCS Statements​ [Circular No.9]

  

GST:

Advisory: Online Compliance Pertaining to Liability / Difference Appearing in R1 - R3B (DRC-01B)

  

SEBI:

Implementation of circular on upstreaming of clients’ funds by Stock Brokers (SBs) / Clearing Members (CMs) to Clearing Corporations (CCs)

  

IRDAI:

Guidelines on Remuneration of Directors and Key Managerial Persons of Insurers

  

DGFT:

Amendment in import policy of Cigarette lighters covered under CTH 9613 of Chapter 96 of Schedule –I (Import Policy) of ITC (HS) 2022 [Notification No.15]

Amnesty scheme for one time settlement of default in export obligation by Advance and EPCG authorization holders – Amendment [Public Notice No.20]


 

 

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