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  • Nicai Updates:

    Safe harbour rules finalized, assessees can opt for any period up to five assessment years.

    Monetary limit for audit under Punjab VAT Act, 2005 raised to one crore from fifty lakh.

    ROC to register Memo and AOA received till 11-09-2013 as per Private Company in Companies Act, 1956 without referring to Private Company in Companies Act, 2013 [MCA Circular 15 of 13-09-2013].

    Fill online Self Declaration from 25-09-2013 to 10-10-2013 to get refund up to one lakh and up to 2012-13 by ECS. Scrutiny of 10% cases later on [DVAT Circular of 17-09-2013].

    Electoral Trusts can apply for approval u/s 2 for benefit of donations to political parties for Assessment Year 2014-15 upto 30-11-2013 [CBDT Press Release of 16-09-2013].
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