MCA on Friday notified about the new annual form – DIR-3 KYC and also specified the fee structure for the laid form. MCA on Friday said, In case of Current FY 2018-19, no fee would be Chargeable till August 31, 2018 and fee of Rs.5,000.00 would be payable on or after September 1, 2018.
Vide circular SEBI/HO/CDMRD/DRMP/CIP/P/2016/86 dated September 16, 2016, SEBI had continued norms related to, inter-alia, Settlement Guarantee Fund (SGF) and Stress test to determine adequacy of SGF prescribed by erstwhile Forward Markets Commission for National Commodity Derivatives Exchanges.
Venture Capital is a type of seed funding in which investment is made at the initial growing stage of ventures. It is a financing to small and start-up ventures, which has high risk and potential to develop near future. The Venture Capital Investors are generally put their funds in those companies, which are with new ideas, innovations and having potential of high growth with inherent uncertainties.
Exposure Drafts 1. SA 800 (Revised), Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks 2. SA 805 (Revised), Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement 3. SA 810 (Revised), Engagements to Report on Summary Financial Statements (Last date […]
CBDT increases appeal filing limit Substantially and new limit for filing appeal with various Appellate Forum is as follows :ITAT Rs. 20,00,000/‑, High Courts Rs. 50,00,000/‑ and Supreme Court Rs. 1,00,00,000/-.
CBIC increases appeal filing limit Substantially and new limit for filing appeal with various Appellate Forum is as follows :- CESTAT Rs. 20,00,000/‑, High Courts Rs. 50,00,000/‑ and Supreme Court Rs. 1,00,00,000/-. F.No.390/Misc./116/2017-JC Ministry of Finance Department of Revenue Central Board of Indirect Taxes & Customs (Judicial Cell) ******** ‘B’ Wing, 4th Floor, HUDCO-VISHALA Building […]
GST Audit shall be conducted by a Chartered Accountant (CA) or a Cost Accountant if the turnover of the taxable person crosses the threshold limit.
Matching, reversal and reclaim of input tax credit.
On 10Th July 2018 it is made mandatory for the Directors to file ‘DIR-3 KYC’ notified vide Companies (Appointment and Qualification of Directors) Fourth Amendment Rules, 2018 dated 5th July 2018 would be made available shortly for filing purposes on MCA site.
Key Features — Return Preparation Utility (RPU) version 2.3 ♥ A new column for ‘Deduction under Section 16 (ia)’ is added under Annexure II (i.e. Salary details) for Form 24Q-Q4 The above referred deduction is applicable for Regular and Correction statements for Form 24Q-Q4. Deduction under Section 16 (ia) will be applicable for statements pertaining […]
