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Archive: 2013

Posts in 2013

SEBI : Monetary relief to investors having claims upto Rs.10 lac

September 26, 2013 1370 Views 0 comment Print

With a view to streamline the investor grievance redressal mechanism at Stock Exchanges and make it more effective from the angle of investor protection, SEBI has decided to give monetary relief to investors having claims upto Rs.10 lac, during the course of proceedings from the Investor Protection Fund of Stock Exchange. Further, SEBI has decided to shorten the time taken for these proceedings.

ICAI loses important RTI case on study circle

September 26, 2013 3063 Views 0 comment Print

The CPIO vide her letter dated 21.08.2012, while, inter-alia, informing the Appellant that the relationship between ICAI and CPE study circles is only for limited purpose of recognizing the CPE hours, denied the information on the ground that the same was not maintained by them.

Public Notice No. 28 (RE- 2013)/2009-2014, Dated: 25.09.2013

September 25, 2013 2098 Views 0 comment Print

The provisions mentioned in paragraph 3.8.3 of HBP v1 relating to procedure for Incremental Exports Incentivisation Scheme, will also be applicable to claims filed under paragraph 3.14.5 of FTP i.e. for the year 2013-14. The applications in this case can be filed after 1st April, 2014. Last date for filing application will be as per para 3.11.9 of HBP v1 and late cut provisions of para 9.3 of HBP v1 2009-14 will be applicable.

Notification No. 77/2013 – Income Tax Dated 25/9/2013

September 25, 2013 553 Views 0 comment Print

Notification No. 77/2013 – Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Chandigarh State AIDS Control Society a body established by the Chandigarh Administration in respect of the following specified income arising to the said Society, namely

Notification No. 78/2013 – Income Tax Dated 25/9/2013

September 25, 2013 532 Views 0 comment Print

Notification No. 78/2013 – Income Tax In exercise of the powers conferred by clause (46) of section 10 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby notifies for the purposes of the said clause, the Meghalaya AIDS Control Society a body constituted by the Government of Meghalaya in respect of the following specified income arising to that Society, namely

Empanelment of CA Firms – Internal Audit of Cent Bank Home Finance Ltd

September 25, 2013 2999 Views 0 comment Print

CBHFL invites application for empanelment of Chartered Accountant firms for carrying Internal Audit of its following branches:CA firms should possess at least 5 (Five) years experience of Concurrent Audit specially mortgage Banking business audit of Banks/Housing Finance Companies.

FVU version 4.0 for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards

September 25, 2013 1902 Views 0 comment Print

Key feature of FVU version 4.0 -FVU for quarterly e-TDS/TCS statement pertaining to FY 2010-11 onwards – • Change in validation of Section code 194LC: o Section code 194LC will be applicable only for deductor category

E-Filing of Tax Audit Report – Needs immediate Date Extension

September 25, 2013 5435 Views 0 comment Print

The 12th Version of the E-filing utility was introduced yesterday, the site was closed for two hours for maintenance the day before, all the software were not working for want of updation and the professionals are working very hard round the clock but this is a race against the time.

Tax Audit Due Date Extension – Still a Mystery

September 25, 2013 14957 Views 0 comment Print

It is learnt from one of the Central Council member of ICAI that While the representations for extension of due date for tax audit reports are going on but no positive response yet been given by the Ministry of Finance or CBDT.

Govt limits benefit of Incremental Export Incentivisation Scheme

September 25, 2013 753 Views 0 comment Print

(i) Benefit of Incremental Export Incentivisation Scheme for the last quarter of 2012-13 will be limited to 25% growth or Incremental growth of Rs. 10 crores in value, whichever is less. (ii) Claims in excess of this value will be subjected to greater scrutiny by Regional Authority.

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