Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2015”

FOR INFORMATION OF THE MEMBERS

Sub: Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2015” - from 31st December, 2015 to 31st March, 2016

This is for kind information of the members that the last date for complying with the CPE Hours

Charitable Trusts—Procedure for registration—Grant of registration u/s 12AA

VISAKHAPATNAM KAKINADA PETROLEUM vs.COMMISSIONER OF INCOME TAX

VISHAKAPATNAM TRIBUNAL

Charitable Trusts—Procedure for registration—Grant of registration u/s 12AA—Eligibility—Assessee “Visakhapatnam Kakinada Petroleum, Chemical and Petro chemical Investment Region, Special Development Authority (VK PCPIR SDA) created by Government of Andhra Pradesh, u/s 3 of Andhra Pradesh Urban Areas Development Act, 1975 through a GOMS no. 373— Assessee had

Circular No 01/2016 Dt 12.01.2016 Released by MCA Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility (CSR) under section 135 of the Companies Act,2013 .

Circular No 01/2016 Dt 12.01.2016 Released by MCA

Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility (CSR) under section 135 of the Companies Act,2013 .

For Detail please click on:

Special Recruitment of (CAs) in Central Bank of India

Special Recruitment of Credit Officers (CAs) in Central Bank of India

For Detail Please Click on

Initial Notice U/s 143(2) shall Contain Questionnare

Instruction No. 19/2015

Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes

North Block, New Delhi, dated the 29th of December, 2015

To

All Pr. Chief-Commissioners of Income-tax/Chief-Commissioners  of Income-tax All Pr. Directors-General  of Income-tax/Directors-General  of Income-tax

Subject- Issuing Questionnaire in cases selected for scrutiny- regarding

Sir/Madam

Instances have come to the notice of the Board that in cases selected under scrutiny, while issuing the first notice,

CVC WARNS FOR FAKE CA CERTIFICATES IN BANKS

The Central Vigilance Commission (CVC) has asked public sector banks to put in place a system to check the rising instances of fake Chartered Accountant certificates being submitted by borrowers to get loans.

So Please be alert and develop a Mechanism to safeguards from this type of Frauds.
Source of Information The Hindu Business,

For Details please click:

RAJASTHAN VAT 10A DATE FOR F.Y.14-15 EXTENDED

For notification please click on :

CBDT Clarifies Important Issues On Scope Of Scrutiny In CASS Assessments

The CBDT has issued Instruction No. 20/2015 dated 29.12.2015 in which it has issued clarifications on several issues in order to facilitate the conduct of scrutiny assessments in cases selected through Computer Aided Scrutiny Selection (‘CASS’). The CBDT has also stated that as far as the returns

ST - Jetty is used within port for loading and unloading of goods from vessel - Port cannot function without jetty -CENVAT credit on inputs and capital goods used in construction of jetty is eligible for output service, namely Port service: CESTAT

AHMEDABAD: THE Appellants are providing services in relation to Port.

They availed CENVAT Credit on inputs, capital goods and input services used in various output services.

How deductor can Submit Self-Declaration for Lower Deposit of TDS

Centralized Processing Cell (TDS) has started sending notices to those deductors who have  paid 40 to 60% lesser TDS during the period from April 1 to October 15, 2015 as compared to the corresponding period in Financial Year 2014-15.

If as a deductor you have reasonable causes for less Deduction and less Payment of tax with respect

This video will prove what it means to be in a Range Rover

G-RO a Carry-on Luggage Every Business Man Must Have

Can you imagine a Carry-on Luggage that features strong handle, buld-in tablet stand, impact-resistant polymer panels, 23000 mAh battery charging station with two USB ports, location tracker, proximity detector, multiple compartments for personal items and space for laptop and tablets and handy looking unique wheels?

Yes, the G-RO Carry-on Luggage comes with all the above features and made with super strong ballistic. Without any doubt, G-RO is the luggage that every business man should have who travel

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For computing time limit for filing of appeal the day on which the order is served on assessee must be excluded

Rotomac global (P) Ltd vs. CCE, Kanpur [2015] taxmann.com 181 (Allahabad High Court)

For computing time limit for filing of appeal the day on which the order is served on assessee must be excluded.

FACTS:

The Application for refund was rejected by the adjudicating authority and the order in that regard was served on 26^th June 2013, The appellant filed an appeal on 26^th June 2013.The

HC orders chief commissioners, Service tax should file comprehensive affidavit indicating the number of files pending and the time required to dispose those cases.

M/S S2 InfoTech Pvt. Ltd v/s The Union of India & ORS [2015-TIOL -1888-HC-MUM-ST]

Sitting on files for months together is not conducive to the interest of nation’s economy. The chief commissioners, Service tax should file comprehensive affidavit indicating the number of files pending and the time required to dispose those cases.

FACTS:

The commissioner passed an order after almost 22 months of the date of personal hearing

Analysis of Companies (Audit and Auditors) Amendment Rules 2015

In Companies (Audit and Auditors) Amendment Rules 2014

Section 143(12) of Companies Act, 2013 states

If an Auditor of the Company, in the course of the performance of his duties as auditor, has reason to believe that an offence involving fraud is being or has been committed against the company by

VAT Audit limit has been raised to Rs. 10 Crore & submission of Income Tax Audit report becomes mandatory in WBVAT

By amending sub-section (1A) of section 30E the monetary limit of filing audit report in Form 88 has been raised from Rs. 5 Crore to Rs. 10 Crore with effect from the financial year commencing on 01.04.2015. However, under the amended provisions the amount of stock transfer shall also be taken

The final pictures in respect of Central Council elections & Regional

ELECTION TO "CENTRAL COUNCIL" 2015- WIRC

Position	NAME OF CANDIDATE	Votes	Rank
1	22. ZAWARE SHIWAJI BHIKAJI - (PUNE)	3230	Elected Rank-I
2	21. VIKAMSEY NILESH SHIVJI - (MUMBAI)	3230	Elected Rank-II
3	19. SHAH DHINAL ASHVINBHAI - (AHMEDABAD)	3230	Elected Rank-IV
4	8. HEGDE NANDKISHORE CHIDAMBER - (MUMBAI)	3230	Elected Rank-III
5	5. CHHAJED PRAFULLA PREMSUKH - (MUMBAI)

PROCEDURES AND COMPLIANCES UNDER PROPOSED GST LAW IN INDIA

Introduction
After decades of positive deliberation, India has finally accepted the idea of a common indirect tax regime- Goods and Services Tax (GST). Battered with multiplicity of Indirect taxes in the current regime, India Inc has more than welcomed the GST as it brings within its ambit the flavor of ‘ease of doing business’ in India, seamless credit flow and a vision of common market across India. The draft

Manufacturer V/s Buyer’s Premise-place of removal --- Settling to unsettle and settle again?

Article
Till recently based upon two relevant Judgements from the Honorable Supreme Court i.e in the case of M/s Escorts JCB Ltd. V.CCE 2002 (10) TMI 96 - SUPREME COURT OF INDIA and CCE V. M/s Roofit Industries 2015 (4) TMI 857 - SUPREME COURT, the concept of ‘ place of removal’ was

Bolt - iPhone Charger Bracelet

I always used to forget to take my iPhone charger with me when I travel outside. What if we have something portable which attached to our body? Yes we have the BOLT, a wearable stylish bracelet made for iPhone, iPad & iPod, crafted of genuine leather designed to sync & charge your devices in style! 

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