Income computation and disclosure standards -ICDS NOTIFICATION New Delhi, the 29th September, 2016 S.O. 3079 (E) In exercise of the powers conferred by sub-section (2) of section 145 of the Income-tax Act, 1961 (43 of 1961, the Central Government hereby notifies the income computation and disclosure standards as specified in the Annexure to this notification to be followed… Read More »
Tax Audit Form 3CD amended by CBDT for ICDS NOTIFICATION [Notification No. 88 /2016, F.No.133/23/2015-TPL] New Delhi, the 29th September, 2016 INCOME-TAX S.O. 3080(E).— In exercise of the powers conferred by section 44AB, read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following… Read More »
Check online status of Membership Fees of ICAI Recently ICAI has started a facility by which Members can know online the status of Membership Fees Paid or Payable by them. Member has to enter his Members Ship Number and Date of Birth as per ICAI records to know his Membership and COP Fees Payment Status.… Read More »
F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue (Central Board of Direct Taxes) *** New Delhi, the 30th September, 2016 To, All Principal Chief Commissioners of Income-tax Sub.: Uploading of Form-1 filed under the Income Declaration Scheme, 2016 – reg. CBDT Instruction No.10 of 2016 dated 28.09.2016 provides that in cases where the… Read More »
In pursuance of clause (3) of article 348 of the Constitution of India, the following translation in English of the Maharashtra Settlement of Arrears in Disputes (Second Amendment) Ordinance, 2016 (Mah. Ord. XXIV of 2016), is hereby published under the authority of the Governor. By order and in the name of the Governor of Maharashtra,… Read More »
1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to the auditor’s rotation under the SQC 1, “Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information, and Other Assurance and… Read More »
Service Tax Exemption on Service of transportation, by educational institutions to students, faculty and staff for the period commencing on and from the first day of April, 2013 and ending with the tenth day of July, 2014. Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Notification No. 45/2016-Service… Read More »
Circular No 201/11/2016-Service Tax F.No. 137/47/2013-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs Service Tax Wing New Delhi, the 30th September, 2016 To All Principal Chief Commissioners/ Chief Commissioners of Central Excise/Service Tax Principal Directors General/ Directors General of Goods & Service Tax/ Systems/Central Excise Intelligence/ Audit/Tax… Read More »
Notice 2016-60 provides guidance regarding an extension of the replacement period under § 1033(e) of the Internal Revenue Code for livestock sold on account of drought in specified counties. Notice 2016-60 will be in Internal Revenue Bulletin 2016-42 dated October 17, 2016.
IRS reminds taxpayers who requested an extension on the deadline of October 17 Every year millions of taxpayers requested an additional six months to file your tax return. If you are one of them, then youshould know that the Monday, October 17, 2016 is the deadline. This is because the October 15 falls on a… Read More »