CAalley Newsletter dated April 22, 2023
Latest additions to CAalley:
News Update:
Acts & Regulations:
Legal Updates:
News Update:
HC can decide on transfer pricing litigation, rules SC
India Inc should prepare for a national carbon market
Sebi plans to allow mutual funds with performance-based fees
New customs interface “moving towards normalcy”, claims CBIC
Sebi bans Care Ratings' former MD & CEO Rajesh Mokashi for manipulating rating process
Audit intricacy, access to talent make splitting audit-non-audit biz tough
ICAI focuses on enhancing audit quality
New ICAI president says emphasis on blending new age thinking with traditional approach
ICAI to widen peer review process for auditors: Talati
Auditors Not Expected To Look At Every Single Invoice, Transaction: ICAI President
Tax treaty rate cannot override dividend distribution tax rate: I-T tribunal
RBI to meet board members of PSU banks to address ethics issues on May 22
Asked to tally funds in A/Cs to filings: Closer scrutiny on tax filings of NRIs
GST evasion detection nearly doubles to Rs 1.01 lakh cr in FY23
Corporate failures: Auditors are soft targets for blame
RBI to come up with new rules on classification of accounts as fraudulent
Is interest income earned on Mahila Samman Savings Certificate tax free?
ESG reporting standard setter extends reach
How Financial Stability Relates To ESG Disclosure
Acts & Regulations:
Master Circular- Prudential Norms on Capital Adequacy - Primary (Urban) Co-operative Banks (UCBs)
Legal Updates:
MCA Advisory regarding Form STK-2
Procedure for seeking prior approval for change in control of Vault Managers
Issue of Master Circular by Stock Exchanges, Clearing Corporations and Depositories
Amendment under Interest Equalisation Scheme in respect of UIN [Trade Notice No.4]
Amendments under Interest Equalisation Scheme in respect of UIN [Trade Notice No.3]
Exchange rate Notification No. 29/2023-Cus (NT) dated 20.04.2023 [No.29(NT)]
