Month: February 2017
CA Misconduct-Non reporting book entry stocks debtors sales and accounts manipulation. Reporting modus operandi of bogus transactions was statutory requirement-High Court ABCAUS Case Law Citation: ABCAUS 1120 (2017) (02) HC Brief Facts of the Case: The Council of the Institute of Chartered Accountants of India (ICAI) received a …
TDS Surveys-Spot Verification where current year TDS is lower by 15% than corresponding period of last year to be examined-CBDT Chairman Letter. F. No. 385/17/2016-IT(B) SUSHIL CHANDRA Chairman, CBDT & Special Secretary to the Government of India Dated the 8th February, 2017 Dear Principal Chief Commissioner of Income …
CA misconduct-Share application money receipt fake certificate. CA held guilty for consciously omitting date when the cheques were encashed-High Court ABCAUS Case Law Citation: ABCAUS 1119 (2017) (02) HC Brief Facts of the Case: A company invited applications for allotment of 1,80,00,000 preferential shares for cash at par. …
No savings bank cash withdrawals limit from 13-03-2017. Limit enhanced to Rs. 50,000 per week from current limit of Rs. 24000 per week Removal of limits on withdrawal of cash from Saving Bank Accounts RBI/2016-17/224 DCM (Plg) 3107/10.27.00/2016-17 February 08, 2017 All Banks Dear Madam / Sir, Removal …
Empanelment-Experts Mediators Conciliators FY 2017-18. MCA Regional Director Chennai invites application. Last date to apply is 10-03-2017 GOVERNMENT OF INDIA MINISTRY OF CORPORATE AFFAIRS OFFICE OF THE REGIONAL DIRECTOR, SOUTHERN REGION, CHENNAI V FLOOR, “A” WING, SHASTRI BHAVAN, 26, HADDOW$ ROAD, CHENNAI- 6oo oo6 Date: o6.o2.2017 NOTICE INVITING …
Reports submitted to RBI regarding SBN deposited in banks as on 30-12-2016. says Government. However still no data appears to be available on Fake Currency Notes returned due to demonetisation. Ministry of Finance Press Release Dated: 7th February, 2017 Demonetisation of old 500 and 1000 rupee notes The …
PMGKD Scheme 2016-Deposits on one or more occasions allowed to be made by declarants u/s Section 199F(1). Amendment in PMGKD Scheme 2016. Amendment in Pradhan Mantri Garib Kalyan Deposit Scheme (PMGKDS), 2016; Government decides to allow declarants to make deposits on one or more occasions in the PMGKDS, …
BIFR Sick Companies Reliefs Claims wrongly allowed. CBDT asks Officials to immediately examine assessment record and take appropriate remedial action. Most Urgent Government of India Directorate Of Income-Tax (Recovery) 6th Floor, Mayur Bhawan, Connaught Circus, New Delhi- 110001 Ph. No. 011-23411993, Fax No. 011-23413218 Email: dit.recovery.delhi@incometaxindia.gov.in F. …
CBDT signs four more unilateral APAs Central Board of Direct Taxes (CBDT) signs four more unilateral Advance Pricing Agreements (APAs) The Central Board of Direct Taxes (CBDT),Department of Revenue, Ministry of Finance has entered into four more unilateral Advance Pricing Agreements (APAs) yesterday. The four APAs signed pertain …
Penalty 271J on CAs. Those afraid of the sword of Damocles should not aspire to be Dionysius. What impression are we offering in opposing – CA Ashutosh Lohani Budget 2017-18 proposes a penalty upon professionals for furnishing incorrect information in statutory report or certificate. The text of the …
