Weekly Newsletter from CA Cult – For Latest Updates (March 2024)

Weekly Newsletter from CA Cult – For Latest Updates (March 2024)

Weekly Newsletter from CA Cult – For Latest Updates (5th Week of March 2024)


  1. Changes in ITR form V and Acknowlegement for A.Y 2024 25 as per the amemdments in the provisions of the Income tax Act, 1961 and In the Income tax Rules, 1962 in consequence of the Finance Act, 2023.


  1. Notification of the procedure for General Authorisation for Export of Information Security items (GAEIS) under Category 8A5 Part 2 of SCOMET- PUBLIC NOTICE No. 53/2023.
  2. General Authorisation for export of Telecommunication-related items and Information Security items covered under category 8A5 of SCOMET – NOTIFICATION No. 82/2023.


  1. Currency Chests (CCs) operations on March 31, 2024.
  2. Special Clearing Operations on March 30 & 31, 2024.
  3. Notification on Investments in Alternative Investment Funds (AIFs).


  1. Entities allowed to use e-KYC Aadhaar Authentication services of UIDAI in Securities Market as sub-KUA.
  2. Safeguards to address the concerns of the investors on transfer of securities in dematerialized mode.
  3. Introduction of Beta version of T+0 rolling settlement cycle on optional basis in addition to the existing T+1 settlement cycle in Equity Cash Markets.


  1. Re-Opening of Correction Window for May 2024 CA Examinations.
  2. ICAI Hosts Strategic Meet at Centre of Excellence (CoE) Jaipur deliberating on the Role of CAs in Viksit Bharat 2047.
  3. Auditing and Assurance Standards Board – Online Panel of Experts for addressing Bank Branch Audit related queries.
  4. Notification for Online Assessment Test (AT) for Certificate Course on Forensic Accounting and Fraud Detection (FAFD) on Saturday, the 04th May, 2024.
  5. India to be Accounting and Finance Hub : Invitation for Comments/Suggestions: Consultation Paper on Draft IFSCA (Book-keeping, Accounting, Taxation and Financial Crime Compliance Services) Regulations 2024.


  1. Extension of the validity of FCRA registration certificates

Videos of the Week

  1. What is the difference between Form 26QB and 27Q?: https://www.youtube.com/watch?v=pMrQajCV7lU
  2. Penalty for failure to register certain machines under section 122A: https://www.youtube.com/watch?v=484Zr-KYJ24

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CA Cult