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1. NIRC of ICAI is organising a Seminar on Valuation on 23 July at 10AM at India Habitat Centre (Jacranda Hall) Lodhi Road, New Delhi. Register & Pay at www.nircseminars.org.
2. SEBI issues draft paper on REIT(Real Estate Investment Trusts) to attract investors, realtors.
3. Manual signatures on digitally signed invoices is now a valid document for taking CENVAT credit.
4. Due date for payment of service tax under Voluntary Compliance Encouragement Scheme cannot be extended by courts under any circumstances whatsoever and for this purpose, mere giving of post-dated cheques would not amount to 'deposit' with government.
5. CBDT has notified the transfer pricing- computation of arm length price vide notification No. 57/2016 dated 14th July 2016.
6. Time limit for payment of tax and penalty under the Income Declaration Scheme 2016 extended to 30.09.2017. CBDT Press Release dated 14.07.16.

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