Announcement

Collapse
No announcement yet.

EID Spacial NICAI Updates

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • EID Spacial NICAI Updates

    Revenue from renting out the terrace is chargeable as income from house property. [Niagara Hotels and Builders (P) Ltd v/s CIT: Delhi High Court].

    Indian company may issue ESOP and sweat equity shares outside India, subject to filing of return in Form-ESOP to RBI within 30days of issue.
    Notification dated 16.07.2015.

    VAT can be levied even on multiple transfer of right to use goods of intangible nature: Bombay High Court.

    RBI has clarified that the restriction on investments with less than three years residual maturity shall not be applicable to investment by foreign portfolio investors (FPIs) in security receipts issued by Asset Reconstruction Co. ( ARCs).

    ICAI Announcement: The next elections to the Council and Regional Councils are scheduled to be held on 4th and 5th December, 2015.

    Option of choosing polling booth near to your office or work place,other than near to your professional address.

    The Central Board of Direct Taxes – Tax planning and legislation (TPL) division has released a circular elucidating the compliance window provided for under the Black Money (Undisclosed foreign income and assets) And Imposition Of Tax Act, 2015 recently.

    Stamp paper value for representation before income tax authorities increased from INR 100 to INR 500. Article 48 of schedule I of stamp act.

    Annual return on foreign liabilities and assets has been notified under FEMA, return to be filed under A.P. and submitted to the department of statistics and information management, RBI, Mumbai by 15th July,2015.

    Export benefits cannot be denied even when export proceeds are not realized.[CCE vs. Shyam Telecom Ltd. (New Delhi - CESTAT)]

    ICAI relaxes requirement of completing advanced course on Information Technology Training students who are otherwise eligible for appearing in the Final Examination effective from November, 2015.

    NIRC jointly with Sangrur branch is organising seminar on Companies Act and Income Tax on 4 July from 10.30AM - 2.30PM at ICAI Bhawan, Cap.Karam Singh Nagar, Sunam Road, Sangrur.

    NIRC jointly with Patiala branch is organising a Seminar on Income Tax & Service Tax on 4 July from 5 - 9 PM at Hotel Eqbal Inn, SST Nagar, Patiala.
Working...
X