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Informative Update of NICAI

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  • Informative Update of NICAI

    15-12-2013 (Sunday) is last date for payment of advance tax 75% by companies and 60% by others.

    No refund of ITC if purchases from dealer declared non-genuine by MVAT department even if he has filed returns or paid tax. [MVAT trade circular 9T of 11-12-2013].

    No undertaking/declaration beyond that prescribed in VCES or rules. No investigation for genuineness. Can pay tax in instalments. VCES clarification of 11-12-2013.

    Extension of last date for e-filing CST form 1 for quarter 2 of 2013-14 including block R 10 for 2009-10, 2010-11, 2011-12 and 2012-13 to 31-12-2013.[DVAT circular 29 of 12-12-2013].

    File CST form 1 for quarter 2 of 2013-2014 in amended format (including block R 10) again by 31-12-2013 if same already e-filed in old format. [DVAT circular 29 of 12-12-2013].

    Please attend today workshop on income tax organised by NIRC of ICAI at IMA Hall, ITO, New Delhi from 3 PM to 8 PM. ( 5 CPE Hours).

  • #2
    Great to here about the recent update.

    There are several updates which are coming every time intervals which made a new sensors in the economic path.

    Its see when the next Update of NICAI will come.
    Last edited by Guest; 12-14-2013, 09:55 PM.

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