Stipend to MDS students Norms for giving Stipend to MDS students has been notified by following notification by Govt of India :- THE GAZETTE OF INDIA : EXTRAORDINARY [PART III—SEC. 4] DETNAL COUNCIL OF INDIA NOTIFICATION New Delhi, the 13th May, 2016 No. DE-87(4)-2016.—In exercise of the powers conferred upon the DCI by Section 20 of… Read More »
Rates of Income Tax / Income Tax slab rates AY 2016-17 & AY 2017-18 This article highlights Rates of income-tax / Income tax slab rates for AY 2016-17 and AY 2017-18 payable by Individual (Resident or Non Resident ) HUF (Hindu Undivided Family) Association of Person Body of Individual Any other Artificial Judicial Persons Local Authority… Read More »
Companies Act, 2013 SCHEDULE II [ Enforced with effect from 1-4-2014.] (See section 123 ) USEFUL LIVES TO COMPUTE DEPRECIATION PART ‘A’ 1. Depreciation is the systematic allocation of the depreciable amount of an asset over its useful life. The depreciable amount of an asset is the cost of an asset or other amount substituted… Read More »
Seeks to extend the levy of anti-dumping duty on imports of Pentaerythritol, originating in, or exported from the People’s Republic of China, for a period of one year. 26/2016-Cus (ADD), dt. 13-06-2016
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF CORI’ORATE AFFAIRS Notification New Delhi, 10th June, 2016. [F. No. 17/31/2015-CL-V] Related Post Form 11 filing date of LLP extended HUF/ Karta can not become partner of LLP Form 14 for Conversion of Firm… Read More »
Delhi Govt Reward Scheme for VAT Dealers Notification No F.3(632)/policy/VAT/2015/PF/363-69 Dated 10.06.2016
Government constitutes Working Group to examine consequential issues arising out of amendments to India-Mauritius Double Taxation Avoidance Agreement and related issues With a view to examine the consequential issues arising out of amendments to India – Mauritius Double Taxation Avoidance Convention and related issues, a Working Group headed by Joint Secretary (FT&TR-II), CBDT and comprising… Read More »
Section 45-IA of Reserve Bank of India Act 1934 Section 45-IA of Reserve Bank of India Act 1934 inserted by the Reserve Bank of India (Amendment) Act, 1997, w.r.e.f. 9-1-1997. Requirement of registration and net owned fund Section 45-IA. (1) Notwithstanding anything contained in this Chapter or in any other law for the time being in… Read More »
CARO 2016 As per Companies (Auditor’s Report) Order 2016 Notified on 29.03.2016, CARO 2016 will apply for the audit of Financial Year 2015-16 and onwards. It has 16 clauses. Also Read CARO 2016 Applicability Conditions 16 Points to be reported by Auditor as per CARO 2016 (i) (a) whether the company is maintaining proper records showing full… Read More »
CARO 2016 CARO 2016 Applicability Conditions :- As per Companies (Auditor’s Report) Order 2016 Notified on 29.03.2016 CARO 2016 Applicability Conditions are as follow :- It shall apply to every company including a foreign company as defined in clause (42) of section 2 of the Companies Act, 2013 (18 of 2013) [hereinafter referred to as the Companies… Read More »