Weekly Updates from CA Cult (1st Week of September 2023)
Important Updates from last week:
- Latest Updates on Income-tax E-filing Portal.
- New Rules 13 and 13A inserted in Income-tax Rules.
- Insertion of Rule 134 to the Income tax Rules 1962 – “Application under sub-section (20) of section 155 regarding credit of tax deduction at source (TDS) ” – NOTIFICATION.
- CBDT releases the fifth annual APA report. CBDT records signing of 95 APAs in FY2022-23, the highest ever in any financial year since the launch of the APA programme.
- Seeks to levy Anti-dumping Duty (ADD) on Fishing Net – NOTIFICATION No. 08/2023-Customs (ADD).
- Advisory for applicants where GST Registration application marked for Biometric-based Aadhaar Authentication.
- Introducing Electronic Credit Reversal and Reclaimed statement.
- Limited Liability Partnership (Second Amendment) Rules, 2023
- Resignation of shri Krishnamurthy Subramanian Part-time member of IBBI.
- Introduction of additional safeguards for export of Basmati rice to prevent exports of Non-Basmati white rice through mis-classification as Basmati rice.
- Amendment in Registration Fees under Steel Import Monitoring System (SIMS) – NOTIFICATION No. 28/2023.
- SCOMET Updates 2023 – Amendment in Appendix 3 (SCOMET items) to Schedule- 2 of ITC (HS) Classification of Export and Import Items, 2018- NOTIFICATION No. 27/2023.
- Amendment in Export Policy of Non-basmati rice under HS Code 10063090 – NOTIFICATION No. 29/2023.
- Export of Non-Basmati White Rice (under HS code 1006 30 90) to Bhutan, Mauritius and Singapore – NOTIFICATION No. 30 /2023.
- Revised SION’s for the leather, leather products and footwear- PUBLIC NOTICE No. 30/2023
- Guidelines for MIIs regarding Cyber security and Cyber resilience.
- Mock Test Papers Series – I for Students appearing in CA Foundation Course December 2023 Examinations.
- Mock Test Papers Series – II for Students appearing in CA Foundation Course December 2023 Examinations.
- Mock Test Papers Series – I for Students appearing in CA Final/Intermediate November 2023 Examinations.
- Mock Test Papers Series – II for Students appearing in CA Final/ Intermediate November 2023 Examinations.
Videos of the Week:
- Online Gaming and its Taxation | Winning | Tax Burden | GST | Income-tax: https://www.youtube.com/watch?v=boWIAyiebi4
- How to Register your TAN online before filing TDS/TCS Return?: https://www.youtube.com/watch?v=UqbRXjcRKBA
- How to get a Registration of Copyright (ROC) Certificate online? (Part 3): https://www.youtube.com/watch?v=VeQVsl2u1pY
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