Day: November 18, 2016

Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri

Cash deposits notices from Income tax department on demonetization of currency notes-sending started. Notice from Investigation Wing Siliguri It is learnt that Income Tax Department (Directorate of Investigation) apart from asking cash balances as on 08-11-2016, has started sending notices for inquiring cash deposits made.  It is notable …

MEF 2016-17-Call for Financial Documents of applicant firms-Download List. Balancesheet, ITR, Deed, Computation, Assessment Orders are called

MEF 2016-17-Call for Financial Documents of the applicants-Download List. Copies of Balancesheet, ITR, Deed, Computation, Assessment Orders are called. PD/A- 346 /2016                                                                                Dear Sir(s)/Madam, Sub:    Multipurpose Empanelment for the year 2016-17 It has been decided to call for Financial Documents of the applicants for Multipurpose Empanelment, for the …

Action on using other persons Bank Accounts to deposit cash to convert black money into New Denomination Notes-Finance Ministry

Action on using other persons Bank Accounts to deposit cash to convert black money into New Denomination Notes-Finance Ministry  Ministry of Finance Dated: 18 Nov, 2016 Press Release Strict Action against Tax Evaders using other persons’ Bank Accounts to convert their Black Money into New Denomination Notes; Person(s) …

Useful Lives for depreciation on intangible assets-Amendment to Schedule-II. Companies not required to follow IndAS to follow 2006 Rules.

Useful Lives for depreciation on intangible assets-Amendment to Schedule-II. Companies not required to follow IndAS to follow 2006 Rules. GOVERNMENT  OF INDIA MINISTRY  OF CORPORATE  AFFAIRS Notification New Delhi, 17 November, 2016 G.S.R.(E) ….In exercise of the powers conferred by sub-section (1) of section 467 of the Companies …

No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation issue

No proposal to seal bank lockers and confiscate gold/diamond jwellery-Finance Ministry tweet to clarify on various myths on the demonetisation issue Finance Ministry issued series of tweets to clarify on various myths on the demonetisation issue. Ministry said no bank lockers will be sealed. It said enforcement agencies …