In an effort to support Newly Qualified Chartered Accountants during their registration on https://cmib.icai.org for the participation in the Campus Placement Program scheduled for August-September 2023, the CMI&B has compiled responses to commonly asked questions.
The Institute of Chartered Accountants of India ( ICAI ) released Educational Material on Intangible Assets. IndAS 38 prescribes the accounting treatment for intangible assets that are not dealt with specifically in another IndAS. It
The Institute of Chartered Accountants of India ( ICAI ) has revised the Frequently Asked Questions (FAQs) on UDIN for Bank Audit. The ICAI has said that, For the benefits of Members conducting Bank Audits
The DGFT has implemented an online mechanism for reviewing the norms of advance authorization by the Norms Committee. This update was communicated by the DGFT through Trade Notice No. 10/2023, issued on June 23, 2023.
The Institute of Chartered Accountants of India (ICAI) on Tuesday issued Frequently Asked Questions (FAQs) on practical training for CA students. S.No.QueryResponse1.Whether the period of absence arising out of lockdown due to COVID -19 pandemic
12 percent GST would be applicable on balance amount due to the builder if the housing project has been granted completion certificate by March 31, 2019, The Central Board of Indirect Taxes and Customs (CBIC),
The Institute of Chartered Accountants of India ( ICAI ) has issued Frequently Asked Questions ( FAQs ) on May / November 2020 CA Exams. Frequently Asked Questions w.r.t May/November 2020 Examinations S.No.QueryResponse1.Whether the student
While addressing queries of stakeholders from various sectors, the Government last day issued Frequently Asked Questions (FAQs) on provisions relating to registration, transition etc under the new indirect tax law. As per it, a supplier
On 31st January 2024, the Reserve Bank of India ( RBI ) issued a press release stating that “Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949”. The RBI
The Central Board of Indirect Taxes and Customs ( CBIC ) has released the FAQs on Furnishing Documents in Invoice Furnishing Facility (IFF) under QRMP Scheme. Support our journalism by subscribing to Taxscan AdFree. We
A GST demand order is an official written notice dispatched to a taxpayer when the GST officer deems that the taxpayer has outstanding taxes under the GST Act. This formal notice is issued by the
The Ministry of Corporate Affairs (MCA) has released a set of Frequently Asked Questions (FAQs) in relation with the LLP e-filing services on the portal. Recently, all the LLP e-filing services are being upgraded and
The Goods and Service Tax Network (GSTN) has enabled the new facility of “Communication between Taxpayers” on the GST portal. After the introduction of this facility, the supplier and recipient can directly communicate with each
The Institute of Chartered Accountants of India ( ICAI ) has cancelled the CA Examinations May 2020 and merge the May 2020 attempt with November 2020 Examinations. The ICAI had allowed students to change their
In order to provide information about the new syllabus, the Institute of Chartered Accountants of India (ICAI) has published a set of Frequently Asked Questions (FAQs) pertaining to the scheme. Among the various new schemes,