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Daily Newsletter - March 20, 2024

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Latest additions to CAalley:

News Update:

Indian News

International News

Useful Forms:

ITR Forms

MCA Forms

Exposure Drafts:

SEBI Draft

IFRS Draft

Legal Updates:

Income Tax

SEBI


  

News Update:

Indian News:

Builder’s error in allotting flat will not impact tax benefit claim, rules ITAT

Income Tax Department cancels long Good Friday weekend from March 29-31 for employees; here’s why

How to register MSME on Udyam portal? A step-by-step guide on procedure

Sebi proposes audiovisual representation of disclosures by companies floating IPOs

CBI seizes ₹30.5L from CGST officer’s premises

Regulatory overreach? Sebi and RBI acting tough to restore credibility

I-T dept expands scope for officers filing appeals, includes TDS disputes

Govt considers changing SARFAESI, DRT; to provide legal weight to e-notices

GST council postpones review of 28% levy on online gaming; likely to be taken up after Lok Sabha elections 2024

After being imposed income tax on Rs 1.48 cr payout from surrendered pension policy, NRI filed appeal in ITAT and wins

Income Tax department recovers Rs 73,500 cr in pending dues for FY24

UDGAM Portal: Your one-stop shop for unclaimed deposits in India

6 in 10 find hidden charges on online banking platforms, shows data

Govt proposes exempting certain M&A deals from CCI approval requirement

 

International News:

Accounting body says investors want climate data that U.S. rules exclude

PCAOB fines Israeli audit firm $200K

Deloitte launches biggest reorganisation in a decade to cut costs

Why the profession needs to say no to NOCLAR


Useful Forms:

ITR Forms:

JSON Schema released for ITR 1 and ITR 4

 

MCA eForms have been updated as on March 18, 2024:

All MCA eForms are available at here


Exposure Drafts:

SEBI Draft:

Draft Circular - Audiovisual (AV) representation of disclosures made in the Public Issue Offer Documents
[Last date for Comments: April 9, 2024] 

 

IFRS Draft:

Business Combinations—Disclosures, Goodwill and Impairment

Basis for Conclusions on Business Combinations — Disclosures, Goodwill and Impairment
Proposed amendments to IFRS 3 and IAS 36

[Last date for Comments: July 15, 2024, 2024] 


Legal Updates:

Income Tax:

Order to keep Income Tax Office open on March 29, 30 and 31

Corrigendum to Notification No.27/2024 [Notification No.34]

DTAA with Spain [Notification No.33]

Circular u/s 268A for filing of appeals by the Department before ITAT/HC and SLP/appeals before SC [Circular No.5]

 

SEBI:

Amendment to Circular for mandating additional disclosures by FPIs that fulfil certain objective criteria

Safeguards to address the concerns of the investors on transfer of securities in dematerialized mode

Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA


 

 

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