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Archive: 19 December 2015

Posts in 19 December 2015

NSDL releases New e-TDS/TCS File validation utility wef 19.12.2015

December 19, 2015 4149 Views 0 comment Print

e-TDS/TCS File validation utility (FVU) version 2.145 for FY 2007-08 to FY 2009-10 and 4.9 for FY 2010-11 onwards are released Key Features – File Validation Utility (FVU) version 2.145 ♠ Addition of challan (i.e. C9 correction) in correction statements: As directed by Income Tax Department (ITD), addition of challan option (i.e. is C9 correction) […]

Statutory Audit may be replaced by Forensic Audit

December 19, 2015 4114 Views 0 comment Print

Time is not far when Statutory Audits may be replaced by Forensic Audit and auditor will have to act as a bloodhound rather than a watchdog. Perhaps if the Auditors would have been given the rights and duties of a bloodhound as the CBI or such agencies have, no scams would have ever happened in the Financial World.

Exemption from Service Tax on Services Provided by Goods Transport Agency

December 19, 2015 38737 Views 0 comment Print

Serial No 21 of the Notification No 25/2012 dated 20.06.2012 provides for an exemption for services provided by Goods Transport Agency, by way of transport of goods carriage. The extract of clause, providing exemption as per Original Notification No 25/2012 dated 20.06.2012 (Applicable with effect from 01.07.2012) is narrated as under:-

TRACES: The Basis of Life

December 19, 2015 2970 Views 0 comment Print

Life is not just copy and paste, As per touchstone-test, it’s TRACES & UPGRADES. Your destiny is ingrained in your hands dear, Tasks, which not as per Code of Ethics & Professional Conduct, do not bear.

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