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  • Today NICAI Update

    Today (21.06.16) is last day for e-payment of DVAT and CST for the month of May, 2016.

    CBDT clarifies that the higher turnover threshold of Rs. 2 crores for non-audit of accounts is granted only to assesses, opting for presumptive taxation scheme u/s 44AD.

    SEBI invites applications from CA firms, for empanelment to take up assignments relating to forensic audit of SEBI registered RTA/STA.

    Interest U/s. 244A on excess self assessment tax payment cannot be denied. [CIT vs. Birla Corporation Limited].

    Offshore supply of equipments not taxable in India. [M/S Nortel Networks India International Inc. vs. DIT].
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