The Micro, Small and Medium Enterprises Development Act (MSMED), 2006 was enacted to facilitate the promotion and development and enhance the competitiveness of micro, small and medium enterprises and for matters connected therewith or incidental
The Income Tax Portal has been updated with the Form 10IEA, enabled for exercising the option to choose the old regime instead of the default new regime. Form 10-IEA holds significance for professionals and business
The Visa invited applications for the post of Senior Financial Analyst. Qualifications 8 years of work experience with a Bachelor’s Degree or at least 6 years of work experience with an Advanced accounting degree 6-8 years
The Institute of Chartered Accountant India (ICAI)recently notified the assessment Test (AT0 for certificate course on forensic accounting and fraud detection .The last date for registration was 28th day of april 2024 till 5.30 PM
The Income Tax Department has released the latest common offline utility for Form 3CA-3CD and 3CB-3CD, bearing the latest updates with respect to MSME Payment amendment, Section 43B(h) of the Income Tax Act in Point
The International Financial Services Centres Authority (IFSCA) has issued a Consultation Paper on the Draft IFSCA (Book-keeping, Accounting, Taxation, and Financial Crime Compliance Services) Regulations 2024, inviting feedback and suggestions from stakeholders including Chartered Accountant
A shocking discovery has shaken Pramod Kumar Dandotiya, a 25-year-old college student from Gwalior, Madhya Pradesh. He uncovered transactions worth a whopping Rs 46 crore from his bank account, sparking confusion. This came to light
This weekly round-up analytically summarises the key stories of the Supreme Court & High Court cases reported at taxscan.in, from March 23, 2024 to March 30, 2024. SUPREME COURT No Application of S. 71, Customs
The Income Tax Department has uncovered a fraudulent scheme involving the misuse of Permanent Account Numbers (PANs) to falsely claim Housing Rent Allowance (HRA). This discovery has revealed around 8,000 to 10,000 high-value cases, amounting
The Auditing and Assurance Standards Board ( AASB ) of the Institute of Chartered Accountants of India ( ICAI ) has unveiled an Online Panel of Experts to assist Statutory Branch Auditors ( SBAs )
The JPMorgan Chase & Co invited applications for the post of Financial Analysis. Qualifications CA / ICWA / CMA / CPA / MBA Finance from premier institute in finance or accounting In-depth knowledge in Excel and
The Enforcement Directorate (ED) has made yet another arrest of one of Modi Govt’s critics on last Thursday, just a month before India holds a national election. Earlier on March 22, the Delhi High Court’s
According to the Income Tax Act, if you're following the Old Tax Regime for the Financial Year 2023-24, your tax deduction expenditure for Section 80C Deduction should be completed by 31st March 2024. However, due
The Department of Trade and Taxes ( DTT ) of the Government of NCT of Delhi has responded to various requests and suggestions made by the Sales Tax Bar Association ( STBA ) via various
Taxpayers have a timeframe of 24 months from the end of the relevant assessment year to file ITR-U. For instance, for the Financial Year 2020-21 ( Assessment Year 2021-22 ), the deadline to submit ITR-U