It has been brought to the notice of the Government that a fake order dated 26th September 2015 supposedly under section 119 of the Income-tax Act 1961 under the signature of one Upmanyu Reddy, Under Secretary to the Government of India is in circulation. The fake order extends the due date for filing of audit report under section 119 of the Income-tax Act to 15 October 2015.
Finance Minister Arun Jaitley Formalizes Merger of Forward Markets Commission (FMC) with SEBI; FM: Amalgamation of FMC And SEBI would bring Convergence of Regulations in the Commodities and Equity Derivatives Markets; FM: Markets Thrive where there is Confidence and Integrity and the Regulator must ensure that Manipulative Activities are Curbed in Derivatives Market
Finance Minister Arun Jaitley : New Law on Anvil for Fast Track Arbitration in Order to Address the Stressed Areas of the Banking Sector; Reiterates the Government’s Commitment to Give Operational Freedom to the Public Sector Banks (PSBs); Efforts are on to Give Shape to the Banking Bureaus and to Professionalize all Personnel Issues. The […]
10 Reasons, why you cannot rely on order dated 26.09.2015 which says that due date for Income Tax Return been extended to 15th October 2015.1. We confirmed with CBDT officials and they denied issue of any such Notifications. 2. We checked the official Websites of Income Tax, Government of India and Finance ministry and have not found any such notification, Order or announcement.
Chandramappa Ramanna Dhavalagi Vs Union of India (Karnataka High court , Dharwad ), W.P No. 110253/2015, Date of Filing- 21.09.2015. HC disposes the petition and directed CBDT to consider the representation submitted by ICAI for extension of due date upto 31.10.2015 by tomorrow 30.09.2015 and report to court. The case is argued by Advocate Prakash Andanimath and Ajit Parvatikar.
V. K. Tulsyan & Co. Vs UOI (Calcutta High Court), WP No.1187 of 2015, Date of Filing- 24.09.2015 Hearing could not take place due to demise of a Senior Advocate of Calcutta High Court. Matter is been fixed for hearing on 01.10.2015 but petitioner will try to get an hearing on 30.09.2015.
Details of region-wise members whose nominations have been received, within the appointed time and date i.e. 6.00 p.m. on 24th September, 2015 at the designated location, for contesting the Election to the Twenty Third Council and Twenty Second Regional Councils scheduled to be held in December, 2015 is given herein below for information of all concerned.
CA Vinod Kaushik Introduction: Almost all the dealers registered under Delhi VAT must have faced heat from their buyer due to mismatch in the sales shown by seller and purchased booked by buyer. This concept is commonly called as mismatch in form 2A and 2B which is creating trouble for the buyers and department in […]
Development and greediness of humanity have telling effects on the present and future generations. Encroachment on the forests and agricultural lands for putting up high-rise concrete jungles, commercialization and politicization of the resources, selfishness replacing the morality, etc., are the common causes for the ecological imbalance and climatic changes.
The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows the import of capital goods for pre-production, production and post -production at Zero custom duty.
