In case the aggregate holding of the FII/QFIs exceeds overall investment limit for whatsoever reason, the FII/QFI due to whom the limit is breached shall mandatorily divest excess holdings within seven working days of such breach being notified by depositories to the DP
As a tax accountant, it’s your job to make the tax and accounting process simple for your clients. Luckily, there are several software applications available that take the guesswork out of accounting and streamline the process for both you and your clients. Best of all? These software picks are affordable regardless of the size of the business.
I have uploaded on the links mentioned below the file related to Microsoft Excel and Word for those who are already working on these software’s but don’t know the short cut keys of these two programmes and advanced commands of these two programmes. I hope these will be useful to all of you.
We would like to inform that the revised Draft Bank Branch Auditors’ panel for the year 2013-14 has been hosted on www.meficai.org, considering all the complaints received from member till 25th November, 2013, paper received thereof, relevant list received from Auditors’ on 26th November, 2013 and the same will be available till 29th November, 2013 upto 3 o’clock.
What should your CV Contain :- Your aim is to convince the employer that you have the necessary experience, knowledge and hunger to do the job. Many CVs do nothing more than provide a stark list of job titles and duties; but all companies are results-orientated – so you must emphasize what you’ve achieved within a role, show how you added value to a company or how you made a difference.
The Safe Harbour rules have been made public vide notification dated 18th September, 2013. In order to analyze the number of taxpayers opting for the Safe Harbour, you are requested to provide the following information from the return of income filed till 30th November, 2013:
DVD of 61 Years of The Chartered Accountant Journal Released- In our efforts to inform and update our members and other stakeholders, we have recently launched a DVD containing 61 years of The Chartered Accountant journal, during the recently-held ICAI International Conference in Kolkata.
Notification No. 91/2013 – Income Tax Central Government hereby notifies the National Commodity and Derivatives Exchange Limited and Universal Commodity Exchange Limited as a recognised association for the purposes of clause (e) of the proviso to clause (5) of the section 43, with effect from the date of publication of this notification in the Official Gazette.
Notification No.90/2013 – Income Tax S.O.3513 (E).─ In exercise of the powers conferred by clause (iii) of the Explanation 2 of clause (e) of the proviso to clause (5) of section 43 of the
In the present case before us, the assessee has offered the capital gains tax in the next year and there has not been any prejudice to the revenue. Further, the assessee has explained to the query raised during the scrutiny proceedings before the Assessing Officer was answered to the satisfaction of the Assessing Officer. Hence, the Order is not erroneous.
