+91-8694849494 / info@oditorz.com         Earn a Free Filing         We are Hiring         Log-In
Oditorz
  • Income Tax
    • Salaried Return
    • Business Returns
    • Form 15 CA/CB
    • DS and TCS Return Filing
  • Goods And Service Tax
    • GST Registration
    • GST Return Filing
    • GST Annual Return Filing
    • GST Letter of Undertaking
  • Registrations
    • Trade Registration (Shop Act License)
    • MSME Registration
    • Provident Fund Registration
    • ESIC Registration
    • Profession Tax Registration
    • FSSAI Registration
    • Trademark/Copyrights Registration
    • Digital Signature (DSC)
  • Company/Firm law
    • Proprietorship Concern
    • One Person Company Formation
    • Limited Liability Partnership Formation
    • Private Limited Company Formation
    • Partnership Firm Registration
    • ROC Filing and Other Compliances
  • F & A Services
    • Accounting and Book-keeping
    • Internal Audit and Risk Advisory
    • Loans And Funding
    • Subsidy And Grants
    • Labour Law Compliances
    • Tax Planning Advisory
    • Credit Rating
  • Blogs
Oditorz
  • Income Tax
    • Salaried Return
    • Business Returns
    • Form 15 CA/CB
    • DS and TCS Return Filing
  • Goods And Service Tax
    • GST Registration
    • GST Return Filing
    • GST Annual Return Filing
    • GST Letter of Undertaking
  • Registrations
    • Trade Registration (Shop Act License)
    • MSME Registration
    • Provident Fund Registration
    • ESIC Registration
    • Profession Tax Registration
    • FSSAI Registration
    • Trademark/Copyrights Registration
    • Digital Signature (DSC)
  • Company/Firm law
    • Proprietorship Concern
    • One Person Company Formation
    • Limited Liability Partnership Formation
    • Private Limited Company Formation
    • Partnership Firm Registration
    • ROC Filing and Other Compliances
  • F & A Services
    • Accounting and Book-keeping
    • Internal Audit and Risk Advisory
    • Loans And Funding
    • Subsidy And Grants
    • Labour Law Compliances
    • Tax Planning Advisory
    • Credit Rating
  • Blogs
Home News Extension in date of submission of LFAR (Long Form Audit Report) by one month
Back Home

Extension in date of submission of LFAR (Long Form Audit Report) by one month

byadmin inNews posted onApril 14, 2020
0
0
Extension in date of submission of LFAR (Long Form Audit Report) by one month

RBI today i.e on 12/04/2020 extended the timeline for submission of LFAR (Long Form Audit Report) by the statutory auditors to the banks by one month,July 31, 2020..Long form Audit Report (LFAR) is a questionnaire prepared by RBI which an auditor has to answer.

LFAR includes questionnaires for specialized branches – 

  • For branches dealing in foreign exchange transactions
  • For branches dealing in very large advances
  • For branches dealing in recovery of NPA
  • For branches dealing in clearing house operations (service branches)

Also, all Certificates as per the Certification/Validation requirements for SCAs (Statutory Central Auditors) of scheduled commercial banks for FY 2019-20 can be submitted along with the LFAR by July 31, 2020.

” In context to above, the Members may kindly note that RBI has informed that SEBI has already provided certain relaxations to the listed entities from compliance with their instructions due to the Covid -19 virus pandemic, DFS, GOI has advised Public Sector Banks (PSBs) to adhere to SEBI regulations regarding statutory audit as they are listed entities.”

Professional Development Committee,ICAI

It is further informed by ICAI that institute has approached to various Regulators requesting for relaxation in statutory filings Audit and other compliance due to on-going spurt of Covid-19.

Further, on the issue of statutory audit of annual accounts, it has been advised that all listed banks shall follow the instructions issued by SEBI.

 3,435 total views,  2 views today

CANewsdateextentionNonemployee
Share:

Previous

The amended EPFO (Amendment) scheme, 2020 has come into force from March 28 2020 to Fight Covid 19.

Next

Summary of Relief Package recently announced by Indian Government

Related Posts

DO’S AND DON’TS FOR GST REGISTERED ENTITY
November 9, 2017
DO’S AND DON’TS FOR GST REGISTERED ENTITY
No Comments
Relief for PPF, Sukanya Samriddhi Yojana account holders! Deposit, withdrawal changes for COVID-19 announced
April 15, 2020
Relief for PPF, Sukanya Samriddhi Yojana account holders! Deposit, withdrawal changes for COVID-19 announced
No Comments
Income Tax Fast Refund Processing In this Pandemic Covid-19 upto Rs. 5 lakhs
April 8, 2020
Income Tax Fast Refund Processing In this Pandemic Covid-19 upto Rs. 5 lakhs
No Comments

Leave a Comment Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • (no title)
  • Relief for PPF, Sukanya Samriddhi Yojana account holders! Deposit, withdrawal changes for COVID-19 announced
  • Summary of Relief Package recently announced by Indian Government
  • Extension in date of submission of LFAR (Long Form Audit Report) by one month
  • The amended EPFO (Amendment) scheme, 2020 has come into force from March 28 2020 to Fight Covid 19.

Recent Comments

  • full hd tek parça izle on
  • full hd tek parça izle on
  • hd film izle on
  • film izle on
  • full hd tek parça izle on

Categories

  • Blog (1)
  • Finance (2)
  • Income Tax (4)
  • Investments (3)
  • News (7)
  • Uncategorized (2)

Our Services

  • Income Tax
  • Goods And Service Tax
  • Registrations
  • Company/Firm law
  • F & A Services
  • Blogs

    Contacts

    Mon-Fri: 9:00 AM – 6:00 PM

    +91-8694849494

    info@oditorz.com

    About Us

    • Terms & Conditions
    • Privacy Policy
    • Contact Us
    • Earn a Free Filing

    Oditorz

    We help you file your taxes.
    Wish you Happy Tax Filing

     

    Copyright © 2020 Oditorz. All Rights Reserved.

    If you opt in above we use this information send related content, discounts and other special offers.

    WhatsApp us