Pls note @IncomeTaxIndia has not yet updated Return Filing utilities

Showing late fee as of now

Hope they issue revised utility today itself as they will be closed for 2 days from tomorrow



https://t.co/skRPxrBlHn

Gujarat High Court directs @IncomeTaxIndia @FinMinIndia to consider due date extension before 12th January 2021 https://t.co/QOb3iYGzz8

*CBDT says NO FURTHER extension for Tax Audit Reports*

Rejects all representations

Photo from CA Atul Modani

Condonation scheme of Regularisation of UDIN extended upto 28th February 2021

#ICAI

Photo from CA Atul Modani

Due Date for filing GSTR 9 and 9 C extended upto 31st March 2021

CBDT Revises Form 3CD and amends Rule 6 G

Now assessee can revise form 3CD which is necessitated by recalculation of disallowance under section 40 or section 43B.

CBDT makes JSON Utility for ITR1 and ITR 4 for AY 21-22 available on efiling portal



*Excel & Java version of ITR utilities will be discontinued from AY 2021-22.*


The utility for other ITRs will be enabled shortly, the ITR1 to 4 can be filled using single JSON Utility. Import of Prefill file is mandatory in utility.

Press Release of GST Council Decisions

Emailing Income Tax extension of timelines and COVID-19 tax exemption.pdf

Gist of various extensions under Income tax act in view of non functioning of New Income Tax portal

*A Long overdue very very good initiative by ICAI*

*Group term insurance for CA members from ₹ 50 lakhs to ₹ 10 Crores*


Members may avail the Term Insurance Scheme through : https://t.co/5HvOCJpvbY 
Rate Comparison Chart is available at : https://t.co/plKiRBcrGW 
For details, please visit : https://t.co/QeibwRIJXU    
For any clarification, email at : cmp@icai.in   

https://t.me/atulmodani

A dedicated Telegram channel for Voting updates and analysis of WIRC Election 2021

Many concerns have been raised by members regarding signing of provisional balance sheet or issuing specific certificates


Here are videos by CCM Aniket Talati giving insight on how to move forward on same and professional content to be referred while signing the same


https://twitter.com/AniketTalati/status/1485099625917054976

The illustrative reports are well drafted - Pls refer to bare standards;


*Here are some videos on the same*

Format of Networth Certificates
https://t.co/IVemgM92aM

Prospective Financial Information
https://t.co/KyRS8Uu3XP

Unaudited/Provisional Financials
https://t.co/mra9nHobVv

How to 10X your practice

Wonderful insights by CA Anil Bhandari

Watch from 39 minutes onwards

Specially for those CAs who want to think other than traditional areas of practice

https://youtu.be/mf1FH_cY4eg