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CMII is organizing the ICAI Awards 2015

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  • CMII is organizing the ICAI Awards 2015

    The Central Board of Direct Taxes (CBDT) has issued guidelines for compounding of offences under Income Tax Act, 1961 and Wealth Tax Act, 1957 in cases of persons holding undisclosed foreign bank accounts/assets.

    No capital gains tax is payable by an assessee where it was not possible to compute the capital gains u/s 48 of the Income Tax Act.[The Supreme Court in the case of CIT v. B. C. Srinivasa Setty, 128 ITR 294].

    Contents of much awaited forms AOC-4 and AOC-4 CFS have been released in Companies (Accounts) second Amendments Rules, 2014 Dated. 04.9.2015.E-forms yet to be released.

    Practising Company Secretary, Chartered Accountant, Cost Accountant are authorized to certify Form AOC-4 & AOC-4 CFS. Companies (Accounts) Second Amendment Rules, 2015.

    Schedule-II to the Companies Act 2013 on depreciation is applicable w.e.f. 01.04.2014 (FY 2014-2015) except the Component accounting (w.e.f. 01.04.2015).
    The due date of online filing of Haryana VAT quarterly return of the 1st quarter, i.e. quarter ending 1st June, has been extended upto 15-09-2015. [Vide order No. 1917/ST-1/03.09.2015].

    DVAT Authorities have cancelled registration certificate of some dealers who were showing nil gross turn over or not filing the returns in the past years.
    Please pay your membership / COP fee for the year 2015-2016 latest by 30th September, 2015 to avoid removal of name.

    CMII is organizing the ICAI Awards 2015 to honor exemplary achievements of Members in Industry, bestowed in 47 categories from the levels of early managers to CEOs. To fill nomination www.corporateforum.icai.org.
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