Weekly Newsletter from CA Cult – For Latest Updates (3rd Week of October 2024)
- CBDT issues Frequently Asked Questions (FAQs) on Direct Tax Vivad Se Vishwas Scheme, 2024, to provide clarity.
- CBDT Notifies Amendments in the Income-tax Rules for Ease in Claiming Credit for TCS Collected/TDS Deducted for Salaried Employees and Enabling claiming TCS Credit of Minors in the Hands of Parents.
- CBDT issues Revised Guidelines for compounding offences under the Income- tax Act, 1961.
- Advisory for Taxpayers: New GST Provision for Metal Scrap Transactions.
- Attention – Advisory on the Invoice Management System (IMS).
- Important advisory for taxpayers on GSTR-9/9C.
- Clarifying the issues regarding implementation of provisions of sub-section (5) and sub-section (6) in section 16 of CGST Act, 2017- Circular No. 237/31/2024-GST.
- Extension of time for filing Forms to monitor voluntary liquidation processes under the Insolvency and Bankruptcy Code, 2016, and the regulations made thereunder.
- Amendment in import policy of parts of lighter Covered under CTH 9613 of Chapter 96 of Schedule —I (Import Policy) of ITC (HS) 2022.
- Electronic Submission of Appendix 4H Certificates – Trade Notice No. 21 /2024-25.
- Action against select NBFCs including NBFCs-MFIs.
- Monitoring of position limits for equity derivative segment.
- Announcement on Issuance of SQM 1, SQM 2.
- Lists of Valid Nominations – ICAI ELECTION 2024. Election to the Twenty Sixth Council and Twenty Fifth Regional Councils.
OTHER UPDATE
- Public Notice dated 28th September 2024 regarding extension of the validity of FCRA registration certificates.
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