Corporate / Company
Ministry of Corporate Affairs clarifies that spending of CSR funds for “setting up makeshift hospitals and temporary COVID care facilities” is an eligible CSR activity
| April 24, 2021
Author: CA Dungar Chand U Jain
Income Tax
CBDT directs banks to report taxpayers’ interest income
| April 23, 2021
NEW DELHI : The Central Board of Direct Taxes (CBDT) has issued detailed guidelines on how banks and companies will report information related to interest and dividend income of
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General
In depth analysis of GST Law and Various principles of Income tax law etc. on Provisional Attachments
| April 22, 2021
Landmark today’s supreme Court order in case ofRadha Krishan Industries by bench of his lordship hon’ble justice d.y.chandrachud held after in depth analysis of gst law and various
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General
2-5% TDS on small savings if ITR not filed
| April 21, 2021
2-5% TDS on small savings if ITR not filed The small savings rate cut has been reversed, but investors in these schemes have other problems looming in the
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Technology
WhatsApp Pink is a new virus targeting WhatsApp users, can take complete control over victim’s phone
| April 20, 2021
WhatsApp Pink is a new virus targeting WhatsApp users, can take complete control over victim’s phone A malicious link is being shared on WhatsApp groups that claim to
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General
Aadhaar-based facial authentication to be used for India’s vaccination drive, not facial recognition
| April 20, 2021
Aadhaar-based facial authentication to be used for India’s vaccination drive, not facial recognition: Infosys Chairman Nandan Nilekani What will be used is facial authentication where they compare your
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Corporate / Company
Announcement regarding Clarification with regard to applicability Companies (Audit& Auditors)Rules,2014 by CL&CGC ICAI – (15-04-2021)
| April 19, 2021
Corporate Laws & Corporate Governance CommitteeThe Institute of Chartered Accountants of India 15th April, 2021 ANNOUNCEMENT Announcement regarding Clarification with regard to applicability of the provisions of Section
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Corporate / Company
Citigroup to shutter retail banking operations in 13 countries including India
| April 16, 2021
Citigroup to shutter retail banking operations in 13 countries including India Citigroup announced on April 15 that it will shutter retail banking operations in 13 countries including India
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Corporate / Company
Proprietary Firm (having FRN) or trade name can be appointed as Auditor only for One Term: ICAI
| April 16, 2021
Proprietary Firm (having FRN) or individual CA who is practicing either in his own name or trade name can be appointed as Auditor only for One Term: ICAI
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Income Tax
Faceless tax assessment: 60% of allocated cases settled in a year, says CBDT’s Mody
| April 15, 2021
Faceless tax assessment: 60% of allocated cases settled in a year, says CBDT’s Mody Out of the total 4,12,046 cases assigned to National Faceless Assessment Centre (NFAC) after the
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