No creditor’s liability cessation u/s 41(1) for an entry outstanding in books over the years and not been challenged in the initial year of such entry

ITAT Amritsar, in a recent judgment, has held that no conclusion of cessation of creditor’s liability u/s 41(1) can be drawn for an entry outstanding in books over the years and not been challenged in the initial year of such entry.  Case Law Details: M/s. Modern Distributors vs. Income Tax Officer …

e-TDS/TCS Return Preparation Utility (RPU) Version 1.5 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08

After New FVU version 2.146  and version 5.00, NSDL has also issued Return Preparation Utility (RPU) Version 1.5 for Regular & Correction quarterly e-TDS/TCS statements from FY 2007-08 Key Features – Return Preparation Utility (RPU) version 1.5 Remark ‘B’ is made applicable for Section code 192A (Payment of …

MCA-Relaxation Additional Fee & Extension of Last Date for filing various e form due to new V2R2 System

General Circular No 03 /2016 F. No.01/34/2013 CL-V Government  of  India Ministry  of  Corporate  Affairs 5th Floor, A Wing, Shastri Bhawan, Dr. Rajendra Prasad Road, New Delhi  – 110001 Dated the 12th April, 2016 All Regional  Directors, All  Registrar of  Companies, All  stakeholders. Subject:  Relaxation  of  additional  fees …