Extension of Last Date of Multipurpose Empanelment Form for the Year 2018-19 As our Members are aware that Kerala is facing its worst flood in 100 years, with 80 dams opened and all rivers in spate. A body blow has been dealt to the scenic state, with its…

Users complains of various glitches for July 2018 GSTR 3B filing
Post published on 20-8-2018 at 1.25 PM
Users across India are updating about many glitches being encountered on GSTN portal while filing Form GSTR 3B on Twitter as well as Professional Whatsapp…

Official GST Twitter handle for answering queries deactivated
Published on 20th August 2018 , 5.10 PM
The Official Twitter handle of the Finance Ministry for queries on GST @askGST_GoI  have been deactivated. The Twitter search is returning following result.…

GSTN portal updates about Due date extension.
published on 21-8-2018 3.25 PM
The GSTN Portal have updated that the last date for filing Form GSTR 3B for the month of  July 2018 has been extended to 24th August 2018.
Users were not able to access the portal…

Update about why such linking asked by Income Tax Department
Taxpayers are receiving SMS from Income Tax Department as follows.
  Certain doubts are being raised about its purpose on social media.  
Users can go through following Tweet by CA Ameet Patel…

Download ICAI implementation guide for reporting on Revised Tax Audit Clauses CBDT vide Notification No. 33/2018 dated 20th July, 2018 has made revisions to Form No. 3CD wherein it requires additional requirements to be reported. The additional inclusions…

ICAI Valuation Standards effective for the valuation reports issued on or after 1st July, 2018
Institute of Chartered Accountants of India (ICAI) issues ICAI Valuation Standards 2018 as a benchmark for Valuation Practices applicable for Chartered Accountants…

E-filing Site not allowing login 
posted on 25th August 2018, 5.55 PM
Income Tax E filing site is throwing glitches since yesterday and as a result the work of filing Income tax returns is hampered across the country. The site is showing a message as

Due Date for furnishing Income Tax Returns extended from 31st August 2018 to 15th September, 2018 for all Income Tax assessees in Kerala
The Central Board of Direct Taxes (CBDT) had earlier extended the ‘Due Date’ for filing of Income Tax Returns from 31st…

Login on Income Tax E Filing Site not working. Today is the last day to file the returns #IncomeTax https://t.co/YfJzxReMti

CBDT revises Tax Audit Report Schema wef 1st September 2018
The Central Board of Direct Taxes (CBDT) have released schema for Revised Form 3CD schema (Tax Audit Report) version 1.13 on 1st September 2018 A total of 5 changes have been effected in the revised…

ITR preparation utilities for all ITRs (except ITR 6) revised wef 1st September 2018
The Central Board of Direct taxes have revised the Income Tax Return preparation utilities (Excel as well as Jave based) for all ITR Forms except ITR 6 wef 1st September…

ICAI issues clarification on  Notifications no. G.S.R. 307(E) and G.S.R. 308(E) dated 30th March 2017 issued by Ministry of Corporate Affairs
Clarification on Applicability of Notifications no. G.S.R. 307(E) and G.S.R. 308(E) dated 30th March 2017 issued…

Two govt nominees alongwith Returning officer to enquire and regulate violation of the Election Code of Conduct.
Ministry of corporate affairs, Govt of India (MCA) under whose administrative control the Institute of Chartered Accountants of India  (ICAI)…