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Showing posts from December 12, 2015

Updates of the day....

Updates Of the Day
1.Online Applications are invited from the CA firms/ LLPs who desire to be empanelled with CAG for appointment as auditors of government Co/ Corporations for the year from 01.01.2016 to 15.02.2016.
2.RBI has issued Guidelines on trading of Currency Futures and Exchange Traded Currency Options in Recognized Stock Exchanges and Introduction of Cross-Currency Futures and Exchange Traded Option Contracts.
3.Versions of e-Forms GNL-4, INC-28, CRA-2, INC-2, ADJ, FC-1, AOC4-CFS and FC-4 are modified w.e.f. 09.12.2015.
4.Collection of cheques during enforcement survey before finalizing assessment is illegal. The amounts collected in advance were directed to be refunded. Order passed by Shri Bansh Raj, Add Commissioner DVAT.
5.Online rectification of TDS made simplified through new facility of Pre-Fill for up-dating TDS details while rectification .Press release dated 10.12.2015.
6.Interest expenditure Sec.36(1)(iii) on loans diverted to sister c…