ICSI Institute has come up with a well-researched Corporate Anti-Bribery Code. Code would supplement the government’s initiative towards building a corruption free New India by 2022.
A Jubilee is a carnival in the life of any Institution as it keeps making the entire commune to relish the successful assignment of the lighted torch from one spearhead to another and the Golden Jubilee is a grand celebration for that Institute to look back on significant milestone of their hard work, dedication and good work, and also to look forward on building celebrative milestones in the upcoming journey of their vision
Law explained on whether an assessee who defaults on paying self assessment tax u/s 140A while filing the return of income is liable for penalty u/s 221(1) if he files a revised return of income and pays the tax thereon at the time of filing the revised return of income
As per the Central Action Plan issued for the F.Y. 2017-18, all pending appeals having tax effect of Rs. 50 crore or more are to be dispose of up to 31st December, 2017 as mentioned at Para (i) of Action Plan of chapter-III of the Central Action Plan which is reproduced as under: –
Place of Importation” means the customs station where the goods are brought for being cleared for home consumption or for being removed for deposit in a warehouse
Procedure to be adopted by Indian Banks who have branches in Nepal for submission of life certificates of Nepalese pensioners. The Bank Managers or authorized officials of Nepal SBI Bank Limited (NSBL)/Everest Bank Limited (EBL) located in Nepal may certify the physical copy of the Life certificate of the pensioners residing in Nepal and forward the same to the Pension Paying Branch of SBI/PNB respectively of the concerned pensioner in India.
In exercise of the powers conferred by section 29A of the Cost and Works Accountants Act, 1959 (23 of 1959), the Central Government hereby makes the following further amendment in the notification of the Government of India in the Ministry of Corporate Affairs, vide number S.O. 1693 (E) dated the 3rd October, 2007, published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-Section (ii), dated the 3rd day of October, 2007, namely
GST Portal will update cash ledger on the basis of first information of CIN received from the bank/ RBI. For same CPIN, cash ledger can’t be updated more than once. Please get in touch with concerned bank for refund of other deducted amount, which was not credited in cash ledger.
The Ministry has struck off names of 2,17,239 companies from the records as on September 22 as these have not been carrying out business activities for a long period and have also defaulted on compulsory filings while more such companies are likely to face action. It has been informed that as on September 22, a total of 3,19,637 directors have been identified and flagged as disqualified under Section 164 (2) (a) of the Companies Act, 2013 It is estimated that the final list may touch the figure of about 4.5 lakh (directors).
The provisional figures of Direct Tax collections up to September, 2017 show that net collections are at Rs. 3.86 lakh crore which is 15.8% higher than the net collections for the corresponding period of last year. Net Direct Tax collections represent 39.4% of the total Budget Estimates of Direct Taxes for F.Y. 2017-18 (Rs. 9.8 lakh crore).
