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Latest India Tax News 22 December 2016

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  • Latest India Tax News 22 December 2016

    1. Registration details of VAT, CST, Service Tax, Excise, IEC No, CIN/LLPIN, Entry tax, Entertainment Tax etc have to be given in GST Enrolment.
    2. MCA to withdraw eforms -INC-2 & INC-7 shortly. Stakeholders are advised to use SPICe forms- SPICe, SPICe eMoA & SPICe eAoA accordingly.
    3. NCLT has directed Central Government to take action for investigation into affairs of a company where there are serious violations of provisions of the Companies Act in maintenance of Minutes Books. Apparent mis deeds and dishonesty in maintenance of statutory records. PTC Energy Ltd Vs RS India Wind Energy P Ltd 2016(135) CLA 248.
    4. Reserve Bank has withdrawn its rule issued on Monday that imposed restrictions on deposits of old notes worth more than Rs.5000 before December 30 after being vilified for it.
    5. NIRC of ICAI is organizing a Seminar on IND AS on 24 December (Sat) at 9.45 AM at NDMC Convention Centre, CP, Delhi. Pay at www.nircseminars.org.
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