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 …