1. CBDT has notified The Income Tax (2nd Amendment) Rules, 2017 which shall come into force on the date of their publication in the Official Gazette. The Amendment has been made to provide new procedure and common application form for allotment of PAN and TAN.
2. The Income Tax Department has issued refunds amounting to Rs.1.42 lakh crore in the current fiscal so far, 41.5% higher than last year.
3. TDS to be deducted on basic amount & not on GST. Issue TDS certificate in 5 days of deposit of TDS. Late fee of 100 per day (Max 5000) (Sec 46).
4. DVAT Filing of online return for 3rd quarter of 2016-17 extension of period thereof up to 28-02-2017.
5. The SEBI Board in its last meeting has taken various decisions to improve the facilities being offered to the stakeholders.
6. ICAI new Fee: Annual Membership, COP and Restoration Fee. (Entrance Fee - ACA Rs.2000, FCA Rs.2500. Annual Membership Fee - ACA Rs.1500, FCA Rs.3000, COP Fee - ACA - Rs.3000, FCA Rs.4000. with effect from 1st April, 2017.).
2. The Income Tax Department has issued refunds amounting to Rs.1.42 lakh crore in the current fiscal so far, 41.5% higher than last year.
3. TDS to be deducted on basic amount & not on GST. Issue TDS certificate in 5 days of deposit of TDS. Late fee of 100 per day (Max 5000) (Sec 46).
4. DVAT Filing of online return for 3rd quarter of 2016-17 extension of period thereof up to 28-02-2017.
5. The SEBI Board in its last meeting has taken various decisions to improve the facilities being offered to the stakeholders.
6. ICAI new Fee: Annual Membership, COP and Restoration Fee. (Entrance Fee - ACA Rs.2000, FCA Rs.2500. Annual Membership Fee - ACA Rs.1500, FCA Rs.3000, COP Fee - ACA - Rs.3000, FCA Rs.4000. with effect from 1st April, 2017.).
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