[CA Debayan Patra] Professional Updates

The Standards on Internal Audit (SIAs) are a set of minimum requirements that apply to all members of the ICAI while performing internal audit of any entity or body corporate. Please find all SIAs issued by ICAI in the following link: https://icai.org/post/standards-on-internal-audits These are very helpful for our members whether in Practice or in Industry. I hope you find this useful. Regards CA Debayan Patra

Know Your Polling Booth Details https://appforms.icai.org/elections/knowyourbooth2021.html Regards, CA Debayan Patra

_*Declaration of candidature:*_ *CA Debayan Patra* _*(ICAI Elections, 2021)*_ I hereby inform you that I am contesting for the *Eastern India Regional Council Elections, 2021* scheduled to be held on *3rd & 4th Dec, 21*. *I humbly seek your valued support and 1st/Best Preference Vote.* I once again promise to continue dedicating my time wholeheartedly and put my best efforts for the larger common interest of the Profession. Based on my experience of one term as an elected Regional Council Member, *I will share my Election Manifesto soon*. *Also look forward to your suggestions.* Regards, *CA Debayan Patra* Secretary, EIRC of ICAI patra.debayan@gmail.com 9331016968, 9903956968

*Important Extension of Due Dates including Form 10A, 15G/H and others* 1) Last Date for Payment under the Vivad Se Viswas Scheme without penalty extended to 30th September, 2021 (from 31st August, 2021) 2) Last date for Filing Form 10A – Extended to 31st March, 2022 (from 31st August, 2021) 3) Last for filing Form 10 AB - Extended to 31st March, 2022 4) Uploading Form 15G/15H for quarter ending June 2021 – Extended to 30th November, 2021 5) Uploading Form 15G/15H for Quarter ending September, 2021 – Extended to 31st December, 2021 *Circular:* https://www.incometaxindia.gov.in/communications/circular/circular-no-16-of-2021.pdf Regards, *CA Debayan Patra* Secretary, EIRC of ICAI

Multipurpose Empanelment Form (MEF) 2021-22 is expected to be made live in October, 2021 Announcement: www.icai.org/post/mef2021-22-200821 Regards CA Debayan Patra Secretary, EIRC of ICAI patra.debayan@gmail.com

The due date for furnishing GSTR 9 and 9C for the FY 2020-21 is *31st December 2021.* Regards, *CA Debayan Patra* Secretary EIRC of ICAI

Received from a firm: We are looking *fresh and experienced qualified* chartered accountants for our statutory audit, internal audit and direct taxation wings at *Kolkata* Applicant must be >>> - Passionate about client service - Technically sound about laws and regulations - Sound knowledge of MS Office, Email and the internet - Be a good team player and leader - Able to work under pressure and late hour please sent your recent resume and photograph including expected salary to *ho@jjainco.com* Regards *Sanjay Kumarr Jain* *Mobile no :9830928057* Note the above (as received from a firm) Regards CA Debayan Patra

Required CA with 2 to 3 years experience to work with PWC on Government projects at Kolkata. Azizur Rahman can be contacted at 9818523366 or CV can be mailed at azizur.rahman@pwc.com

*Major Highlights - Limited Liability Partnership (Amendment) Bill, 2021* 1. Allowing LLPs to issue *Non-Convertible Debentures* 2. Rationalisation of *Additional Fees* 3. LLPs turnover of which does not exceed Rs. 40 Lacs & contribution of which does not exceed Rs. 25 Lacs shall be called *Small LLP* 4. The bill empowers the central government to prescribe *"Accounting Standards" or "Auditing Standards"* for a class or classes of LLP 5. The Bill proposes to allow the Regional Director to *compound* certain offence under 6. Establishment of *Special Court* for speedy trial of offences 7. Conversion of offences into *civil defaults* & fines to *monetary penalties*. Regards *CA Debayan Patra* Secreatry, EIRC of ICAI

*Last Date - Today (31st July, 2021) - Unstructured Learning - CPE Hours* Dear Professional Colleague, Please claim your Unstructured CPE Hours for Calendar Year 2020 by today's day end if not already claimed. Today (31st July, 2021) is the last date to claim the same. To claim the unstructured CPE Hours: Go to https://cpeapp.icai.org/member/login, log-in, click on the option 'Submit ULA Online' and proceed. CPE Hours Requirement: https://www.cpeicai.org/cpe-hours-requirements/ Regards, CA Debayan Patra Secretary, EIRC-ICAI

Came across the above handbook. Thought of sharing. It might be of help for you.

SAE 3400 to be strictly followed for assignments where Prospective Financial Statements are to be signed. Yes, a practising CA can sign prospective financial statements if SAE 3400 is followed. Do not forget to generate UDIN.

FYI A Kolkata based listed manufacturing company is looking for a chartered accountant. His job profile would be to overview the existing financial systems and controls, initially leading on to engagement in financial operations and reporting. Please send your CV to rkdsassociates@gmail.com. The pay scale would be commensurate with pre-qualification experience and aptitude.

In view of the difficulties reported by taxpayers in electronic filing of Income Tax Forms 15CA/15CB on the portal www.incometax.gov.in, it has been decided by CBDT that taxpayers could submit Forms 15CA/15CB in manual format to the authorized dealer till 15th August, 2021.