Updates Of the Day 1.Particulars of candidates for election of ICAI is availabe at http://icai.org/post.html?post_id=12122 and the details of your polling booth are also available on – www.icai.org and the link being 'Election-2015'. 2.SEBI has prescribed format for financial results and limited review report for listed entities which have listed their debt securities and/or non-cumulative redeemable preference shares wef 1st December 2015. 3.DVAT issued Circular No. 31 of 2015-2016 directing zonal authorities to restore registration within 3 days after the proposal is approved by Competent Authority. 4.DVAT notified extending time for submissions of Form DP-1 latest by 31.12.2015. 5.Transfer pricing provisions requires comparison of a controlled transaction with uncontrolled transaction, comparison within two controlled transaction is immaterial. [ITAT Mumbai: Greaves Cotton Ltd. vs. ITO] 6.Reassessment proceeding based on ED information without correlating with returns...