CA Sandeep Kanoi From Media news it is learnt that Finance Minister may raise rate of service tax from 12% to 14% in its Budget for 2014-15 to be presented in Lok Sabha on 10th July 2014. It will be a challenge for the finance minister to Increase the rate of service tax when economy […]
The Companies Act, 2013 has delineated distinct role for company secretaries either in practice or employment and confers distinction on them. They are broadly three kinds of key managerial personnel, namely chief executive officer, chief finance officer and company secretary.
The Department will send separate One Time Passwords (OTP) also referred as PIN on the mobile and email provided by the taxpayer. The OTPs have to be entered by the taxpayer after logging into their e-filing account to authenticate the same. The OTPs will remain valid for 24 hours within which the taxpayer has to complete the process. For ‘Foreign/ NRI’ taxpayers, the OTP validation of the email ID would be sufficient.
CA Sandeep Kanoi A company and an assessee being individual or HUF who is liable to audit u/s 44AB are required to furnish Form BB (Return of Net Wealth) electronically under digital signature for assessment year 2014‐15 and onwards. [Refer Notification No:32/2014 dated 23/06/2014]. Some of the Important Feature related to Filing of Form BB […]
A valid Email ID and Mobile Number has to be registered/updated on the e-filing website of the Income Tax Department so that direct communication with taxpayer can be possible. The Department will send separate One Time Passwords (OTP) also referred as PIN on the mobile and email provided by the taxpayer. The OTPs have to […]
This is in respect to the Multipurpose Empanelment Form for the year 2014-15. This is to inform that Multipurpose Empanelment Form for the year 2014-15 has been made live at www.meficai.org. Last date for submission of online form is 4th August, 2014 and the last date of submission of hard copy of “DECLARATION FOR MEF […]
Printing Process for Union Budget 2014-15 Commenced with Halwa Ceremony; more than 100 Officials Involved in Making the Union Budget are Locked in From Today in Press till Union Budget is Presented by the Finance Minister on 10th July, 2014 More than 100 officials involved in making the Union Budget are locked in from today […]
One person company is a concept introduced in India by the Companies Act, 2013. The concept opens up new vistas of business opportunities and particularly spectacular possibilities for sole proprietorships and entrepreneurs who can enjoy the advantages of limited liability, and the benefit of separate legal entity as well.
Facebook COO Sheryl Sandberg calls on PM The Chief Operating Officer of Facebook, Ms. Sheryl Sandberg, called on the Prime Minister, Shri Narendra Modi, today. She said India is a very important country for Facebook, considering the high number of active Facebook users in India. The Prime Minister discussed with Ms. Sandberg, ways through which […]
Form 24G Return Preparation Utility (RPU) and File Validation Utility (FVU) Version 1.3 for the Form 24G Statements from FY 2005-06 onwards released (27/06/2014) Link to Download New RPU and FUV https://www.tin-nsdl.com/etds-etcs/eTDS-download-regular.php