Weekly Updates from CA Cult (3rd Week of November 2023)

Weekly Updates from CA Cult (3rd Week of November 2023)

Weekly Updates from CA Cult (3rd Week of November 2023)

Important Updates from last week:


  1. CBDT Chairman Shri Nitin Gupta inaugurates Taxpayers Lounge at 42nd India International Trade Fair in New Delhi.


  1. Advisory for Online Compliance Pertaining to ITC mismatch -GST DRC-01C.
  2. ITC Reversal on Account of Rule 37(A).
  3. Seeks to amend Notification No. 27/2022 dated 26.12.2022 to notify biometric-based Aadhaar authentication for GST registration in the State of Andhra Pradesh – NOTIFICATION No. 54/2023- Central Tax.


  1. Limited Liability Partnership (Significant Beneficial Owners) Rules.


  1. Incorporation of Policy Condition for export of Non-basmati rice under HS Code 10063090 – NOTIFICATION No. 43/2023.


  1. Action against Bajaj Finance Ltd. under Section 45L(1)(b) of the Reserve Bank of India Act, 1934.
  2. Regulatory measures towards consumer credit and bank credit to NBFCs.
  3. International Trade Settlement in Indian Rupees (INR) – Opening of additional Current Account for exports proceeds.


  1. SEBI Circular on the Most Important Terms and Conditions (MITC).
  2. Simplified norms for processing investor’s service requests by RTAs and norms for furnishing PAN, KYC details and Nomination.


  1. One-Time Window for MEF 2023-24.
  2. Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A & Set-B).

Videos of the Week:

  1. NIL TDS return | Filing of declaration on traces portal by the Deductor: https://www.youtube.com/shorts/yKsWVDWMANM
  2. Send money outside India (Abroad) | Documents | Charges | Foreign Remittance | LRS – Part – II: https://www.youtube.com/watch?v=bR3K9Z1nGrU

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