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www.caonline.in News...
1. The recommendation of the Supreme Court-constituted special investigation team (SIT) to ban cash transactions above Rs.3 lakh and capping cash holdings of companies and individuals at Rs.15 lakh will be detrimental for India’s traditional economy, according to a leading traders body.
2. Private school audit can be done by CA and the report will be submitted to the Delhi Government in the second week of August. This proposal and verification is based on the direction of the Delhi high court.
3. Use latest version of e-Forms INC-23, MR-1 and MR-2, which are likely to be revised on MCA Portal by 21.07.2016.
4. MCA issues The Companies (Share Capital and Debentures) Third Amendment Rules, 2016. MCA notification dated 19th July, 2016.
5. Today (21.07.16) is last date for e-payment of DVAT & CST pertaining to month/quarter ending in June 2016.

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