Monthly Archives: October 2016

Guide to SARFAESI Act 2002 & Recovery of Debts and Bankruptcy Act 1993 (September 2016 Edition)

By | October 4, 2016

Guide to SARFAESI Act 2002 & Recovery of Debts and Bankruptcy Act 1993 (September 2016 Edition) BUY Guide to SARFAESI Act 2002 & Recovery of Debts and Bankruptcy Act 1993 (September 2016 Edition) As Amended by Enforcement of Security Interest and Recovery of Debts Laws (Amendment) Act 2016 & Insolvency and Bankruptcy Code 2016**** Effective… Read More »

Bank Concurrent Audit Procedures Manual Sept .2016 Edition

By | October 4, 2016

Bank Concurrent Audit Procedures Manual (September 2016 Edition) Paperback – 2016 BUY Bank Concurrent Audit Procedures Manual (September 2016 Edition) (In Accordance with RBI Guidelines and ICAI Standards). With : Audit Checklists and Procedures, Audit Hints, Concurrent Audit Formats, Auditor Empanelment Information Paperback: 548 pages Publisher: Taxmann Publications Pvt. Ltd.; 2016 Edition edition (2016) Language:… Read More »

Flow Chart for GST Registration in India

By | October 4, 2016

Steps and Flow Chart for GST Registration in India GST Registration Steps for Existing Dealer GST Registration Steps for New Dealer /Input Service Distributor Steps for GST Registration Application  Every person, other than a non-resident taxable person who wants to register under GST must provide his Permanent Account Number (PAN), mobile number and e-mail address in Part… Read More »

GST Registration Checklist for Input Service Distributor

By | October 4, 2016

GST Registration Checklist for Input Service Distributor (ISD) Key points for GST Registration of Input Service Distributor 1) Although Input Service Distributors are existing registered taxable person but they shall not be issued any provisional GST registration certificate 2)  Input Service Distributors  needs to submit PAN, Mobile No and E-mail ID to GSTN site by filling Part A of… Read More »

Financial Resolution and Deposit Insurance Bill 2016

By | October 4, 2016

Financial Resolution and Deposit Insurance Bill 2016 An Act to establish a framework to carry out the resolution of certain categories of financial service providers in distress, to provide deposit insurance to consumers of certain categories of financial services and for designation of Systemically Important Financial Institutions by the Central Government for resolution; And whereas… Read More »

SEBI revised FPI debt Limits – Investments by FPIs in Government securities

By | October 4, 2016

CIRCULAR IMD/FPIC/CIR/P/2016/107 October 03, 2016 To All Foreign Portfolio Investors through their designated Custodians of Securities The Depositories (NSDL and CDSL) Sir / Madam, Sub: Investments by FPIs in Government securities 1. RBI in its Fourth Bi-monthly Policy Statement for the year 2015-16, dated September 29, 2015 had announced a Medium Term Framework (MTF) for… Read More »

National Advisory Committee on Accounting Standards Notified

By | October 4, 2016

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 3rd October, 2016 S.O. 3118(E).—In exercise of the powers conferred by sub-section (1) of section 210A of the Companies Act, 1956, (1 of 1956), the Central Government hereby constitutes an Advisory Committee to be called the National Advisory Committee on Accounting Standards, consisting of the following persons,… Read More »

Depreciable asset is short-term asset, eligible for exemption : SC

By | October 4, 2016

Depreciable asset is short-term asset, eligible for exemption: The Supreme Court of India held that even though a depreciable asset is treated as a short-term asset, it is eligible for an exemption under a special provision for computing capital gains of depreciable assets. T The case is:V.S. Dempo Company Ltd. Download  Full report of KPMG Depreciable asset is… Read More »