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Daily Newsletter - September 20, 2023

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Latest additions to CAalley:

News Update:

Indian News

International News

Exposure Draft:

PCAOB Exposure Draft

Legal Updates:

Income Tax





News Update:

Indian News:

Fake billing: 12 firms face Rs 50.19 crore GST penalty

Ice cream topping crackle likely to attract 18 per cent GST on AAR ruling

Surety bonds must complement bank guarantee: Irdai's Debasish Panda

AAR: ‘School bus fees exempt from GST’


International News:

PCAOB Proposes Expanded Liability for Individual Auditors Involved in Firm Violations

PCAOB finds faults in more than half of PwC Canada, BC accounting firms' audits

Exposure Draft:

PCAOB Exposure Draft:

Proposed Amendments to PCAOB Rule 3502 Governing Contributory Liability
[Last date for Comments: November 3, 2023] 

Legal Updates:

Income Tax:

​Extension of timelines for filing of Form 10B/10BB and Form ITR-7 for the Assessment Year 2023-24 [Circular No.16]



Advisory: Geocoding Functionality for the Additional Place of Business

Seeks to appoint common adjudicating authority in respect of show cause notice issued in favour of M/s Inkuat Infrasol Pvt. Ltd. [Notification No.46]



Directions from TRAI for curbing the menace of Unsolicited Commercial Communication



Implementation of Ex-Bond Shipping Bill in ICES 1.5 [Circular No.22]

Order under rule 5 of the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 for Linear Alkyl Benzene (LAB) [CAVR Order No.1]



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