Daily Newsletter - November 20, 2023

Go to Newsletter Archives

Latest additions to CAalley:

News Update:

Indian News

International News

Useful Forms:

Income Tax eFiling Utilities

Legal Updates:

Income Tax

GST

DGFT

Customs

News Update:

Indian News:

Ten-year re-opening period for I-T assessments to apply only if escaped income above Rs 50 lakh: Delhi high court

₹600 cr intercepted by India’s cyber fraud reporting system: FATF report

Finance ministry asks PSU banks to take measures to bolster cybersecurity

No tax notice to legal heir: ITAT quashes order on dead person

Sebi eases rule for physical securities' holders without PAN, KYC details

RBI permits banks to open additional current account for export proceeds

Faceless tax assessment creating chaos and legal log jam, alleges industry

Delisting norms to become simpler: SEBI

International News:

Balancing the mind ledger: Mental health realities in accounting

Finance May Go Slower On Generative AI Adoption

Useful Forms:

Income Tax eFiling Utilities:

Updated: Common offline utility for Form 3CA-3CD and 3CB-3CD

Legal Updates:

Income Tax:

Format, Procedure and Guidelines for submission of Statement of Financial Transaction (SFT) for Mutual Fund Transactions by Registrar & Share Transfer Agent [Corrigendum to Notification No. 4 of 2021]

Format, Procedure and Guidelines for submission of Statement of Financial Transactions (SFT) for Depository Transactions​ [Corrigendum to Notification No.3 of 2021]

GST:

Seeks to amend Notification No. 27/2022 dated 26.12.2022 to notify biometric-based Aadhaar authentication for GST registration in the State of Andhra Pradesh [Notification No.54-Central Tax]

Comprehensive Guide and Instructions for Direct API Integration with Any of the 6 IRPs for E-Invoice Reporting

DGFT:

Amendment in import policy condition of Gold under HS Code 71081200 under Chapter 71 of Schedule –I(Import Policy) of ITC (HS) 2022 [Notification No.44]

Customs:

Imposition of anti-dumping duty on toughened glass for home appliances imported from China PR for a period of 5 years [[Notification No.11(ADD)]