Month: April 2016
To know the correct Permanent Account Number (PAN) of a deductee is of utmost importance for filing eTDS quarterly statement/returns for giving credit of tax deducted to the payee as per Form-26AS Statement. Apart from this, CBDT has vide notification dated 95/2015 dated 31/12/2015 has notified Rule 114B for quoting a …
Words Matter but so Does Intent-Speech by Dr. Raghuram Rajan, Governor RBI – April 20, 2016 – at the 12th NIBM Convocation, Pune Congratulations to the graduating class, to their professors, and to their proud parents, siblings and friends. If you are typical, you are happy to be …
SEBI-Circular for electronic book mechanism for issuance of debt securities on private placement basis 1. SEBI Board in its meeting held on January 11, 2016, approved the concept of providing for a electronic book mechanism for issuance of debt securities on private placement basis. 2. Hon’ble Finance Minister …
Excel Inventory Management Control Template/Tracker Software Free Download Management of inventories is one of the most important aspect of any business. This Excel spreadsheet automated utility acts as inventory management control software This template/tracker has been designed to assist small trading business entities to manage their inventories. With its help …
Hosting of provisional / draft panel of Chartered Accountant Firms/LLPs with the C&AG for the year 2016-2017 This is to inform that O/o C&AG is hosting the Provisional Panel of Chartered Accountant firms/LLPs for the year 2016-17 for indicating the position (detailed point score) of the firms. The …
In a recent judgment, ITAT Delhi has interpreted the objective and scope of invoking revisionary powers of Commissioner of Income Tax (CIT) under section 263 of the Income Tax Act, 1961 as under: The provisions of section 263 cannot be invoked to correct each and every type of …
Delhi High Court in a recently delivered judgment has observed that that all does not appear to be well with the admission process of the National Law University, Delhi in admission to Ph.D. programme. The Court had issued a direction to the University to rectify/reconsider the admission criteria …
Following the garment workers violent protest in Bengaluru, Union Labour Minister Bandaru Dattatreya , at a press conference held yesterday, informed media about the Government decision of postponing the new rules of provident fund withdrawal till 31/07/2016 The EPFO and Ministry communications in this regard are as under: EMPLOYEES’ PROVIDENT FUND ORGANISATION …
Ministry of Culture Press Release dated 19/04/2016 Clarification on Kohinoor Diamond Government Reiterates its Resolve to Make all Possible Efforts to Bring Back Kohinoor Diamond in an Amicable Manner The Government of India wishes to put on record that certain news items appearing in the press regarding the …
ITAT Mumbai, in a recent case has stated that demolition/destruction of house not necessarily results in transfer u/s 2(47) by extinguishment of rights in a capital assets for capital gain purpose. Case Law Details: I.T.A. No. 6169/Mum/2013 Assessment Year : 2007-08 Dilip Manhar Parekh vs. Dy. Commissioner of …
