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31 May 2014

SIT

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Union Cabinet nods to constitution of SIT on black monies stashed abroad May 28, 2014 CONSTITUTION OF SPECIAL INVESTIGATING TEAM (...
30 May 2014

Revised TDS returns to be accepted without Original Provisional receipts

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Revised TDS returns to be accepted without Original Provisional receipts wef 01.06.14 May 28 Circular No: NSDL/TIN/2014/024               ...
1 comment:
29 May 2014

Sharing of Asset Details from Wealth Tax Returns with PSBs - CBDT Instructions

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Sharing of Asset Details from Wealth Tax Returns with PSBs - CBDT Instructions IN a meeting on the performance of Public Sector ...

Prior approval of RBI in cases of acquisition/ transfer of control of NBFCs.

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RBI CIRCULAR Regarding Prior approval of RBI in cases of acquisition/ transfer of control of NBFCs. The prior written permission of the Res...
22 May 2014

CAS can't write accounts and then audit.

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FYI - CAs cannot undertake assignment of audit & accounting work together for same entity Announcement on prohibition to undertake the ...
3 comments:
21 May 2014

PAN application revised

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CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no. 26/2014 , Dated- 16-5-2014. Revised Form 49...
1 comment:
20 May 2014

Whistle Blowers Protection Act, 2011

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Whistle Blowers Protection Act, 2011     Whistle Blowers Protection Act, 2011 is an Act of the Parliament of India which ...
19 May 2014

HC on Restaurant Service- Validity & Double Taxation

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High Court on Restaurant Service   HC dismisses writ, upholds constitutional validity of Sec 66E(i) of Finance Act declaring servi...

Case Law on Section 50B

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S. 50B applies only to a " sale " for a " monetary consideration " and not to a case of " exchange " of the ...
17 May 2014

RBI on ECB

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  Date:  May 16, 2014 External Commercial Borrowings (ECB) from Foreign Equity Holder - Simplification of Procedure RBI/2013-14/59...
16 May 2014

Dena Bank concurrent Audit

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Applications for concurrent audit of Dena Bank for 2014-15 http://www.denabank.co.in/viewdetail.jsp?lang=0&did=139972780868505EA0AEA305...
15 May 2014

NSE-BSE Circuit Rules

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NSE-BSE Circuit Rules & Election Counting Timings for 16th may. If 10% circuit till 1pm then mkt shuts for 45 minutes if 15% circuit ti...

Bombay HC on CA 2013

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Important Judgement of Hon'ble Bombay High Court with respect to Companies Act, 2013 ...

Concurrent Audit P & bank

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FYI - APPLICATION FOR ASSIGNMENT OF CONCURRENT AUDIT FOR CHARTERED ACCOUNTANT FIRM IN PUNJAB & SIND BANK for online application https:...
14 May 2014

Supreme Court on Sale and WC

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Important principles on distinction between " contract for sale of goods " and " works contract " explained A Constitu...
13 May 2014

Court-Convened Meetings and Postal Ballot

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Court-Convened Meetings and Postal Ballot -Dhananjay Trivedi Background   In one of the first few cases interpreting the provisions of t...
08 May 2014

Power to quick inquiry to regional director

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FYI - The Ministry of Corporate Affairs Vide its circular dated 07/05/2014   has empowered the Registrar/ Regional Director to conduct quick...

“National Judicial Reference System” (NJRS).

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FYI - The CBDT has announced the setting up of a “National Judicial Reference System” (NJRS). The NJRS comprises of two components, the “Ap...
06 May 2014

Real Estate heading downfall?

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"Mumbai has maximum inventory of unsold homes at 155.27 million sq feet I.e approximately 250000 houses which is equivalent to 40 month...

Misuse of PAN from Tatkal

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Don't give PAN number for railway Tatkal booking as proof of ID. The Railways display the PAN. name, sex and age of passengers on res...