The Karnataka State Chartered Accountants Association (in short ‘KSCAA’) is an association of Chartered Accountants, registered under the Karnataka Societies Registration Act, in the year
Read more →
We invite a reference to our circular DBS.CO.PPD.No.1950/11.01.005/2011-12 dated August 04, 2011, in terms of which banks were advised, inter alia, to have appropriate IT
Read more →
GSTR-2B is an auto-drafted ITC statement generated for the buyer on the basis of the information furnished by his suppliers. It also contains information on import of goods from
Read more →
One of the ways could be treating payment in cash ledger as payment towards taxes. Other way could be developing a new mechanism for accepting part payment towards return for a particular
Read more →
Whereas sub-section (1) of section 96 of the Companies Act, 2013 (the Act) provides inter alia that every company, other than a One Person Company, shall in each year hold in addition to any
Read more →
The period of absence arising out of lockdown due to COVID -19 pandemic w.e.f 24th March 2020 till 03rd May 2020 shall be counted as being on Practical Training for the aforesaid period for
Read more →
Reserve Bank of India has comprehensively reviewed the Priority Sector Lending (PSL) Guidelines to align it with emerging national priorities and bring a sharper focus on inclusive
Read more →
To help the MSMEs in this long-standing problem, the Government of India has taken a series of measures recently. Union Finance Minister, as part of the AtmaNirbhar Bharat package,
Read more →
Central Board of Direct Taxes in exercise of powers conferred under section 138(1)(a) of Income Tax Act, 1961, has issued Order in F.No. 225/136/2020/ITA.II dated 31.08.2020, for
Read more →
Certification of Annual Return in Form MGT-7 under Section 92(1) of the Companies Act, 2013 and Rule 11(1) of the Companies (Management and Administration) Rules, 2014.
Read more →