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Updates of the Day !!!!!

1. CMII of ICAI Invitation for Nomination for the ICAI Awards, 2015. For filing nominations, kindly visit www.corporateforum.icai.org

2. Electronic filing of form-6 under The Black Money Act has been enabled under the menu “E-FILE” after Login. Taxpayers are requested to e-file form-6 during the compliance window which ends on 30th September, 2015.

3. CBDT Notification Dated 27-07-2015 :Extension from 31-07-2015 to 31-08-2015 of last date to file Wealth tax return for A.Y. 2015-16.

4. Rule 25 of Haryana VAT Rules 2003, amended so as to exclude the cost of land in case of valuation of builder/developer. [Punjab and Haryana High Court in CHD Developers vs. State of Haryana & Ors]

5. Extension to 04-08-2015 of Last date to file D-VAT return for Q1 of 2015-16 in Forms DVAT-16, DVAT-17 and DVAT-48[Circular no.16 of 2015-16 dated 27-07-15 ]

6. The refund of cenvat credit is allowed if input services were used in relation to export and the export proceeds were not realized.[ P&P Overseas vs. CCE CESTAT - New Delhi ]

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