We observed instances of non-submission of various prescribed returns by the assessees. Non-submission of returns would hinder the department’s ability to verify the duty paid by assessees, correctness of valuation, availing of Cenvat credit,
The Institute of Chartered Accountants of India (ICAI) today announced the result for Chartered Accountants Intermediate (IPC) Examination held in May, 2016. The top three rank holders on all India basis of Chartered Accountants Intermediate (IPC) Examination held in May, 2016 are from Pune, Indore and Thane respectively and their details along with the marks secured by them are mentioned in the attached document.
FIVE YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.7.50 LAKH EACH TO THEN ADDITIONAL COMMISSIONER AND DEPUTY COMMISSIONER OF INCOME TAX FOR CAUSING LOSS OF RS.4.16 CRORE (APPROX) TO
Amendment to the SEBI (Issue and listing of Debt Securities) Regulations, 2008 to provide for Consolidation and Re-issuance of debt securities in the Corporate Bond Market and Call and Put Options.
State Bank of Bikaner and Jaipur (SBBJ) has hosted on its website the list of CA firms Concurrent and Stock Audit. In the list bank has provided the name of CA Firm , Address of CA Firm and Unique code No., It also hosted the list of Empanelled Chartered Accountants/Cost Accountants for conducting Forensic Audit. […]
i. The Advocacy Division of the Commission will continuously scan and identify the upcoming / existing economic legislations and policies which may potentially have adverse effect on competition, for assessment; ii. Any Government Agency, including statutory authority, may refer any upcoming / existing economic legislation or policy to the Commission for competition assessment
The regulatory framework for Institutional Trading Platform (ITP) was put in place vide amendments notified to SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (ICDR Regulations) on August 14, 2015. Various enabling amendments to other SEBI regulations i.e. on Takeover, Listing, Delisting and AIF were also notified.
Lok Sabha passed a comprehensive Benami Transactions Prohibition Amendment Bill 2016, with Finance Minister Arun Jaitley assuring that genuine religious trusts will be kept out of the purview of the legislation.
It has had brought to notice that Aadhaar card is being made mandatory for availing government benefits like subsidized LPG, PDS supplies and pensions. Government had taken note of the concerns raised, stated that no one will be denied of benefits for want of Aadhaar and that necessary instructions will be issued, if required.
Electronic Verification Code (EVC) can be generated through State Bank of India, AXIS bank and Canara bank ATMs. This will facilitate these bank’s customers, who may not have a Net-Banking account, to e-verify their return. Other banks are expected to launch this facility.
