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1. CBDT has issued an Office Memorandum stating that it has set up a committee of high-ranking officials to provide advice on re-engineering the assessment procedure and to arrive at a definite standard assessment procedure through an e-system.
2. In GST Enrollment, Aadhar No of primary Authorized Signatory must be given if we want to use E-sign facility for signing enrolment and other forms.
3. The benami transactions (prohibition) amendment act, which came into effect from November 1, provides for seven years in jail and a hefty fine for offenders.
4. SEBI has issued circular regarding filing of forms PAS-4 and PAS-5 in case of issuance of Debt Securities on private placement basis.
5. Cheque bounce is a bailable offence under the current law, which enables defaulters to stay away from jail as long as the trial is on, the government could make the law a non-bailable offence.
6. Due date for payment of TDS for purchase of property for Nov is 30.12.2016.
7. ICAI issued DRAFT MEF Panel for 2016-17 for the year 2016-17. To view your category and remarks thereof, if any, please click at http://www.meficai.org/CoverLetter_d...anel_2016.html.
2. In GST Enrollment, Aadhar No of primary Authorized Signatory must be given if we want to use E-sign facility for signing enrolment and other forms.
3. The benami transactions (prohibition) amendment act, which came into effect from November 1, provides for seven years in jail and a hefty fine for offenders.
4. SEBI has issued circular regarding filing of forms PAS-4 and PAS-5 in case of issuance of Debt Securities on private placement basis.
5. Cheque bounce is a bailable offence under the current law, which enables defaulters to stay away from jail as long as the trial is on, the government could make the law a non-bailable offence.
6. Due date for payment of TDS for purchase of property for Nov is 30.12.2016.
7. ICAI issued DRAFT MEF Panel for 2016-17 for the year 2016-17. To view your category and remarks thereof, if any, please click at http://www.meficai.org/CoverLetter_d...anel_2016.html.