CBDT has notified procedure for Submission of Form 15CC by an Authorised Dealer in respect of remittances under S.195(6) read with Rule 37BB, as under: CBDT Income Tax Notification …
CBDT notifies the Income-tax (11th Amendment) Rules, 2016. to insert new IT Rule 26C w.e.f. 01/06/2016, which requires submission of evidence/ proof/ supporting documents in Form 12BB by employees …
MCA notifies the Companies Accounting Standards (AS) Amendment Rules, 2016 vide Notification dt 30/03/2016, which are applicable from the financial year 2016-17.
The CBDT has clarified about the conflicting interpretations regarding the date of commencement of limitation for imposition of penalty under S.271D & 271E. a) Departmental View of CBDT on …
CBDT has notified the procedure for online registration and submission of statement in Form 61B u/s 235BA(1)(k) of Income-tax Act 1961 read with Rule 114G(7) of Income-tax Rules, 1962, …
The MCA has revised Schedule III of the Companies Act, 2013 to include general instructions for preparing the balance sheet and profit and loss account of an Ind AS-compliant …
a) Meaning of ‘Interest on Securities’ under Income Tax As per S.2(28B) of Income Tax Act, 1961, unless the context otherwise requires, the term “interest on securities” means- (i) interest on …
Accounting for depreciation is generally a significant matter for the purpose of true and fair determination of the operating results of a company as reflected in its statement of …
The ICAI has issued ‘Revised Standard on Auditing (SA) 610: Using the Work of Internal Auditors’ which deals with the external auditor’s responsibilities in case of the work of …
Discover the importance of uniformity in manner of signing CA certificates and how the ICAI guidelines help ensure authenticity and compliance.