The Central Board of Direct Taxes on 1st April, 2021 has issued the Income-tax (eighth Amendment) Rules, 2021. The Income Tax Rules, Rule 6G provides that the report of audit of the accounts of a person required to be furnished in the case of a person who carries on business or profession and who is required by or under any other law to get his accounts audited shall be in Form No. 3CA and in the case of a person who carries on business or profession shall be in Form No. 3CB. The amendment provides that the report of audit furnished under this rule may be revised by the person by getting revised report of audit from an accountant , duly signed and verified by such accountant, and furnish it before the end of the relevant assessment year for which the report pertains, if there is payment by such person after furnishing of report which necessitates recalculation of disallowance.
Launch of Association of NPS Intermediaries
22 December 2024
The ANI stakeholders are Points of Presence (Bank and Non-Bank), Central Record Keeping Agencies, Trustee Banks, Custodians, Aggregators, Annuity Service Providers, Pension Agents, Retirement Advisors,
