Day: November 3, 2016
FAQ on infrequent number of sales-insignificant in value in IndAS 109. Ind-AS 109 do not define terms but in context of business model ICAI FAQ on Elaboration of terms ‘infrequent number of sales’ or ‘insignificant in value’ used in Ind AS 109 Question Ind AS 109, Financial Instruments, …
FAQs regarding Dividend Distribution Tax by ICAI. Presentation requirements as per Ind-AS in case of issue of debt as per the provisions of Ind AS-32 Frequently Asked Questions (FAQs) regarding Dividend Distribution Tax This FAQ on Dividend Distribution Tax has been issued by the Accounting Standards Board (ASB) …
FCRA registration closed due to non-submission-deficient documents or other statutory shortcoming within stipulated time before 30th June 2016. F.11/21022/36(0207)/2015 -FCRA-11 Government of India Ministry of Home Affairs Foreigners Division (FCRA Wing) NDCC-II Building, Jai Singh Road, New Delhi-110001 Dated 02/11/2016 NOTICE Subject:- Renewal of FC registration certificate reg. …
Exclusive ATMs for Rs 100 denomination banknotes as pilot project. 10% of ATMs of country to be calibrated to dispense Rs 100 banknotes exclusively-RBI Reserve Bank of India Exclusive ATMs for Rs 100 denomination banknotes RBI/2016-17/106 DCM (CC) No.1170/03.41.01/2016-17 November 02, 2016 The Chairman & Managing Director / …
Maximising revenue collection top priority of CBDT chairman. Delivering quality tax payer services, promoting digital tax administration among top 7 priorities. Shri Sushil Chandra newly appointed CBDT chairman has listed out his various priorities for the coming months. In a letter addressed to all officers/officials of the Income …
Constitution of CASS Committee for FY 2016-17 to suggest modification/new rules, new rules, changes in ITRs/forms for effective scrutiny selection-CBDT Income Tax basic scrutiny is conducted under section 143 of the Income Tax Act, 1961. Fundamentally, scrutiny is based on risk-analysis conducted through computer- assisted programme and also manually with …