Weekly Newsletter from CA Cult – For Latest Updates
Weekly Newsletter from CA Cult – For Latest Updates (1st Week of February 2024)
- Changes in the Income-tax Return Form 6 as per the amendment in the provisions of the Income-tax Act 1961 and in the Income-tax Rules 1962 in consequence of the Finance Act 2023.
- Notification under section 35 of the Income tax Act 1961.
- Changes in the Income-tax Return Forms 2, 3 and 5 as per the amendments in the provisions of the Income-tax Act, 1961 and in the Income-tax Rules, 1962 in consequence of the Finance Act, 2023.
- CBDT notifies Income Tax Return Forms (ITR) for the Assessment Year 2024-25 well in advance for the Assessment Year (A.Y.) 2024-25.
- ₹1,72,129 crore gross GST revenue collected during January 2024; records 10.4% Year-on-Year growth.
- Insolvency and Bankruptcy Board of India (Insolvency Professionals) (Amendment) Regulations, 2024.
- DGFT to discuss trade regime of dual-use goods, software and technology on Jan 30.
- Action against Paytm Payments Bank Ltd under Section 35A of the Banking Regulation Act, 1949.
- Streamlining of Internal Compliance monitoring function – leveraging use of technology.
- Streamlining of Regulatory Reporting by Designated Depository Participants (DDPs) and Custodians.
- Important Dates for the Orientation Program 59th Campus Feb-Mar, 2024.
- Issuance of CPE Statement, 2023: Guidelines on Continuing Professional Education for undergoing CPE Activities by Members of ICAI.
- The result of the Chartered Accountants Foundation Examinations held in December 2023/January 2024 is likely to be declared on Wednesday, the 7th February 2024.
- Result of the ISA is likely to be declared on 7th February.
- Special Examination for Members of Foreign Accounting Bodies with whom the ICAI had entered into Mutual Recognition Agreement (MRA) / Memorandum of Understanding (MoU).
- New section 122A Penalty for failure to register certain machines used in the manufacture of goods as per special procedure, proposed in Union Budget 2024.
- Interim Budget 2024-25 reflects the emphasis on Innovation and Startups to achieve the goal of a Viksit Bharat @2047, says Union S&T Minister Dr Jitendra Singh.
- Interim budget is going to show the mirror of Modi ji’s guarantee – Union Agriculture Minister Shri Munda.
- A road map towards a developed economy by 2047.
- Sale of Property to NRIs or OCIs.
Videos of the Week
- Check your Income-tax Refund Status | Big Update: https://www.youtube.com/watch?v=Sy8sEDJiqSU
- Sale of Property to NRIs (Non-Resident Indians) or OCIs (Overseas Citizens of India): https://www.youtube.com/watch?v=0_Nq8kTaNvc
- Impact of Delay in Payment to Micro and Small Enterprises | Section- 43B | MSME | Income-tax Act: https://www.youtube.com/shorts/jL3dvEaqgak
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