Newsletter from CA Cult – For Latest Updates (November 2024)

CA Cult

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Weekly Newsletter from CA Cult – For Latest Updates (3rd Week of November 2024)

CBDT Chairman Shri Ravi Agrawal dedicates Taxpayers’ Lounge to nation builders at Indian International Trade Fair (IITF), 2024.
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 9A/10/10B/10BB for Assessment Year 2018-19 and subsequent assessment years – Reg.
Condonation of delay under section 119(2)(b) of the Income-tax Act, 1961 in filing of Form No. 10-IC or Form No. 10-ID for Assessment Years 2020-21, 2021-22 and 2022-23-Reg.

Implementation of automation in the Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 -reg.
Clarifications on the applicability of concessional duty under IGCR Rules, 2022 in certain instances-reg.

NFRA recommends revision of the Standard quality control (SCQ1) and Standard quality management (SQM1 and SQM2), on the lines of the global Standards.

Harmonisation of Schedule-II (Export Policy), ITC(HS) 2022 – Trade Notice No. 22/2024-25

Reserve Bank of India (RBI) and Maldives Monetary Authority Sign Memorandum of Understanding (MoU) to Promote Use of Local Currencies for Bilateral Transactions.

Withdrawal of Master Circular on issuance of No Objection Certificate (NOC) for release of 1% of Issue Amount.
Guidelines to Stock Exchanges, Clearing Corporations and Depositories.

Notification for Online Assessment Test (AT) for Certificate Course on Forex and Treasury Management (FXTM) on 14th December 2024.
ICAI Joins Hands with CBSE to Revolutionize Skill-Based Accounting Education.

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