Monthly Archives: July 2021

CBIC issues clarification regarding extension of limitation under GST Law

The CBIC has issued Circular No. 157/13/2021-GST dated 20th July 2021 for providing clarification on the extension of limitation period under GST Law in terms of Hon’ble Supreme Court’s Order dated 27th April 2021 Some Key Highlights from the Circular … Continue reading

Posted in GST |

RBI Guidelines for Appointment of Statutory Central Auditors/ Statutory Auditors of Commercial Bank, UCBs and NBFCs

The RBI Circular issued on 27th April 2021 prescribed a set of selection criteria for appointment of Statutory Central Auditors/Statutory Auditors of Commercial banks (excluding regional rural banks), urban co-operative banks(UCBs) and non-banking financial companies(NBFC) including housing finance companies based on … Continue reading

Posted in Audit & Assurance |