Weekly Newsletter from CA Cult – For Latest Updates (March 2024)
Weekly Newsletter from CA Cult – For Latest Updates (1st Week of March 2024)
- Implementation of e-Verification Scheme-2021.
- Notification of ITR-7 under section 139 of the Income-tax Act 1961.
- CBDT allows certain trusts / institutions to furnish the audit report in the applicable Form No. 10B / 10BB on or before 31st March, 2024.
- CBDT clarifies provisions under Finance Act 2023 relating to donations made by a trust / institution to another trust / institution for purposes of application of income.
- Last date for filing of updated returns (ITR-U) for A.Y. 2021-22 (i.e. for F.Y. 2020-21) is 31.03.2024.
- Amendment in Form 3CD, Form 3CEB and Form 65 of the Income-tax Act.
- Ex-post facto extension of due date for filing Form No. 26QE which was required to be filed during the period 01.07.2022 to 28.02.2023 (pertaining to F.Y. 2022-23) – reg.
- Circular under section 119 on donations made by trust.
- Instances of Delay in registration reported by some Taxpayers despite successful Aadhar Authentication in accordance with Rule 8 and 9 CGST, Rules, 2017-reg.
- Advisory on Integration of E-Waybill system with New IRP Portals.
- Deposit and withdrawal of unclaimed dividends and / or undistributed proceeds in accordance with regulation 46 of the Insolvency and Bankruptcy Board of India (Liquidation Process) Regulations, 2016 (Liquidation Regulations).
- Amendments in Standard Input Output Norms (SION) C-831 for export of Stainless Steel Seamless Tubes/ Pipes (Cold Finished) – PUBLIC NOTICE No. 45/2023.
- Export of Onions (under HS code 0703 10 19) to Bangladesh – Notification No. 63/2023.
- Export of food commodities through National Cooperative Exports Limited (NCEL) – Notification No. 64/2023.
- Amendment in import policy condition for Duck Meat Chapter 2 of ITC (HS) 2022, Schedule–I (Import Policy) – NOTIFICATION No. 66/2023.
- Export of Onions (under HS code 0703 10 19) to Bhutan, Bahrain and Mauritius – Notification No. 67/2023.
- Extending RoDTEP support for exports made by Advance Authorisation (AA) holders, Export Oriented Units (EOU), Special Economic Zones (SEZ) units – Notification No: 70/2023.
- Amendments in Implementation of Yellow Peas Import Monitoring System – Public Notice No. 46 /2023.
- Master Direction on Reserve Bank of India (Bharat Bill Payment System) Directions, 2024.
- Progress of the NEFT and RTGS Systems.
- Depositor Education and Awareness (DEA) Fund Scheme, 2014.
- Money Transfer Service Scheme – Submission of Statement on CIMS.
- FAQs on the UDGAM portal.
- Arrangements with Card Networks for issue of Credit Cards.
- Reserve Bank of India (RBI) and Bank Indonesia Sign Memorandum of Understanding (MoU) to Promote Use of Local Currencies for Bilateral Transactions.
- Amendment to the Master Direction on Credit Card and Debit Card – Issuance and Conduct Directions, 2022.
- SEBI Issues Advisory Against Fraudulent Trading Schemes claiming to be offered to Indian residents by FPIs.
- Public Notice in respect of SEBI ISO Settlement Scheme, 2024.
- List of goods notified under SCRA, 1956.
- EXTENSION OF LAST DATE FOR ONLINE EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS FOR MAY/JUNE 2024 EXAMINATIONS UP TO 15th March 2024.
- IICA presents Webinar on “Viksit Bharat: Corporate Governance @ 2047” on 7th March, 2024 (Thursday) at 04:00 PM.
Videos of the Week
- Residential Status under Income Tax Act: https://www.youtube.com/watch?v=rflpjKzefkI
- 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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