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Archive: 13 September 2015

Posts in 13 September 2015

Poem on delayed ITRs and Non extension of TAR due date

September 13, 2015 5749 Views 0 comment Print

@ https://taxguru.in/ – CA Dilip Khetan वाह रे CBDT का कानून… अपनी अक्षमताओं को CBDT वाले देखो कैसे – कैसे छुपाते हैं..? ITRs में ज्यादा बदलाव नहीँ किया है, ऐसा वो सारी दुनिया को बताते हैँ। खुद तो बजट पास होने के 12 महीने बाद तक भी एक ITR तक Notify नहीं कर पाते हैं… […]

Delhi Sugam-2 (DS-2) – A Step towards Simplification

September 13, 2015 47388 Views 64 comments Print

Department of Trade and Taxes, Government of National Capital Territory of Delhi has vide notification dated 10.09.2015 notified an online Form Deihi Sugam- 2 (in short DS2) for providing ‘information to the Department in respect of goods purchased or received as stock transfer or received on consignment agreement basis from outside Delhi by all the registered dealers of Delhi.

Obligation to comply with Indian Accounting Standards (Ind AS) with effect from 1st April, 2015

September 13, 2015 6657 Views 0 comment Print

Criteria-I: The following companies shall comply with the Indian Accounting Standards (Ind AS) for the accounting periods beginning on or after 1st April, 2016, with the comparatives for the periods ending on 31st March, 2016, or thereafter, namely:-

Voluntary Appointment of Managing /Whole-Time Director or Manager by Private Companies procedure and issues

September 13, 2015 35712 Views 5 comments Print

The Ministry of Corporate Affairs vide notification dated 5th June, 2015 exempted Private Companies from obtaining shareholders’ approval, complying with Schedule V, filing of Returns for appointment of Managing Director/Whole-Time Director or Manager.

Importance of written communication skill

September 13, 2015 3486 Views 7 comments Print

As we know that communication is so fundamental and prerequisite that no person or organization can exist and function effectively and readily. No professional can be effective in his work unless he possesses good communication skill.

Government notifies 4 Cost Auditing Standards

September 13, 2015 3878 Views 0 comment Print

Government of India, Ministry of Corporate Affairs, vide their letter no. 52/33/CAB/2013 dated 10th September, 2015 has, under section 148(3) of the Companies Act, 2013, granted Central Government’s approval to the following Cost Auditing Standards:

Competition Commission of India (Competition Assessment Of Legislation And Bills) Guidelines, 2015

September 13, 2015 443 Views 0 comment Print

India adopted a new economic order in the early 1990s. This empowered the invisible hands of the market, namely, demand for and supply of goods and services to determine two major outcomes, namely, quantities to be produced/supplied in the economy and prices at which these are to be exchanged. The invisible hands may occasionally malfunction in the presence of information asymmetry, externalities or market power.

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