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FM invite Suggestions regarding changes in direct & indirect taxes

October 9, 2016 1222 Views 5 comments Print

Your suggestions and views may be supplemented and justified by relevant statistical information about production, prices, revenue implication of the changes suggested and any other information to support your The request for correction of inverted duty structure, if any for a commodity, should necessarily be supported by value addition at each stage of manufacturing of the commodity.

CA IPC and Final November 2016 Examination Admit Cards

October 9, 2016 1438 Views 0 comment Print

Admit cards in respect of candidates admitted to the Intermediate (IPC) and Final November 2016 examination, with their photographs and signatures on them, are hosted on icaiexam.icai.org

ICAI withdraws application Guide on Schedule II to Companies Act, 2013

October 9, 2016 1633 Views 0 comment Print

This is to mention here that since the authority of the Guidance Notes issued by ICAI is above than the Application Guides issued, the Application Guide on the Provisions of Schedule II to the Companies Act, 2013 is no longer effective and stands withdrawn from the date the Guidance Note on Accounting for Depreciation in Companies in the context of Schedule II to the Companies Act, 2013, became applicable

ICAI withdraw GNs on FBT & Revaluation Reserve for Issue of Bonus Shares

October 9, 2016 742 Views 0 comment Print

Withdrawal of two Guidance Notes on Accounting- 1. GN(A) 9 (Issued 1994) – Guidance Note on Availability of Revaluation Reserve for Issue of Bonus Shares 2. GN(A) 20 (Issued 2005) – Guidance Notes on Accounting for Fringe Benefits Tax

Peak Filing Preparation 2016- MCA 21

October 9, 2016 1624 Views 0 comment Print

ANNOUNCEMENT Sub: Peak Filing Preparation 2016- MCA 21 As you are aware it is time of peak filing of Balance Sheet & Annual Return under the Companies Act. To avoid last minute rush and system congestion on the MCA 21 portal on account of annual filings during October / November 2016, we are quite sure […]

(I will is a) Self Motivation, (I can is a Self Confidence…)

October 9, 2016 2206 Views 0 comment Print

If you will not believe in yourself, then who will ?? It is not like thinking about world will follow you, it is about you will lead. One can have a role model for an inspiration but still I believe that nothing can change anything unless and until you do not get a voice from your heart to do anything or to achieve anything.

Anti-dumping duty on Narrow woven Fabrics Hook and Loop Velcro Tapes

October 8, 2016 2752 Views 0 comment Print

Seeks to impose anti-dumping duty on Narrow woven Fabrics Hook and Loop Velcro Tapes of specified types, originating in or exported from People s Republic of China for a period of five years.

Income Tax (26th Amendment) Rules, 2016

October 8, 2016 5311 Views 0 comment Print

The Principal Director General of Income-tax (Systems) or Director General of Income-tax (Systems) shall specify the procedures, data structures, and standards for ensuring secure capture and transmission of data, evolving and implementing appropriate security, archival and retrieval policies in relation to the statement referred to in sub-clause (i) of sub-rule (1).

Form No. 68 -Immunity from imposition of penalty- Section 270AA

October 8, 2016 69226 Views 3 comments Print

Form of application under section 270AA.- An application to the Assessing Officer to grant immunity from imposition of penalty under section 270A and from initiation of proceedings under section 276C or section 276CC shall be made in Form No.68

Launch of dedicated website for DGAD, Department of Commerce

October 8, 2016 610 Views 0 comment Print

Ms. Rita Teaotia, Commerce Secretary, launched a more informative, user-friendly, dedicated website (http://www.dgtr.gov.in/) for DGAD for disseminating information/activities being performed by DGAD. She also inaugurated the additional office space developed by NBCC to meet the requirements of increased work responsibilities and to ensure optimal functioning of the Directorate.

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