Atul C Doshi & Co.
Chartered Accountants

News & Events

25/05/2019  RBI tweaks norms on VRR investment by FPIs  Task Force on Direct Tax Laws to Submit Report by July 31  Public sector banks recover Rs 1.2 lakh Cr from bad loans in 2018-19 24/05/2019  RBI plans specialized structure for regulation, supervision of banks  GSTN unveils draft of new GST return form  PNB may lead next round of PSU bank merger in September 22/05/2019  HC allows ITC under GST regime to realtor making shopping mall 21/05/2019  PNB may takeover Oriental Bank, Andhra Bank or Allahabad Bank  CBDT issues draft notification for amendment in Audit Report of Trust / Institutions  SC stays HC order disallowing black money law to operate retrospectively  MCA going to amend CARO - Companies (Auditor’s Report) Order  Bank of Baroda looks to rationalise 800-900 branches aafter merger  RBI to hold Structured Meetings with bank auditors to deal with divergences  CBDT allows advisors of foreign funds to double as asset managers  GST Council may consider national bench of AAAR next month 20/05/2019  MCA mulls stricter audit norms amid IL&FS crisis  AAR allows input tax credit by debt settlement under GST regime  Govt plans introducing artificial intelligence system in MCA 21 portal

Notification/Circulars

25/05/2019  Voluntary Retention Route (VRR) for Foreign Portfolio Investors (FPIs) investment in debt  NFRA (Meeting for Transaction of Business) Rules, 2019  MCA notifies Form PAS-6 Reconciliation of Share Capital Audit Report  CBDT extends due date of TDS Payment, Certificate and Return in Odisha 24/05/2019  Incentive for improving service to non-chest branches - RBI  Amendment of Form No 108 of the Income-tax Rules, 1962- Draft notification  CBDT amends Income-tax Rules, 1962, in Appendix II, in Form No. 15H 17/05/2019  Risk Management System – Appointment of Chief Risk Officer (CRO) for NBFCs 16/05/2019  RBI publishes Payment and Settlement Systems in India: Vision 2019 – 2021 15/05/2019  Outsourcing of Cash Management – Reconciliation of Transactions  CBDT further deferred furnishing of GST & GAAR details in Form 3CD till 31st March 2020

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