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Monthly Archives: August 2018
Multipurpose Empanelment Form for 2018-19 for Chartered Accountants
Multipurpose Empanelment Form for 2018-19 Practicing Chartered Accountants are invited to fill the Multipurpose Empanelment Form (MEF) for the year 2018-19 at www.meficai.org or www.pdicai.org by registering themselves in MEF 2018-19, even if registered in MEF in earlier year (s). The key highlights of the MEF- 2018-19 are: Introduction of fields (in grey colour) for… Read More »
Exchange Rate of Foreign Currency w.e.f 03.08.2018
Ministry of Finance Exchange Rate of Foreign Currency Relating To Imported and Export Goods Notified Posted On: 02 AUG 2018 4:45PM by PIB Delhi In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and… Read More »
Banks shall use Foreign Currency conversion rate announced by FBIL : RBI
RBI/2018-19/34 DBR.Ret.BC.No.01/12.01.001/2018-19 August 02, 2018 The Chairperson / CEOs of all Scheduled and Non- Scheduled Banks Dear Sir/Madam, Maintenance of CRR/SLR on Foreign Currency Assets/Liabilities– Reference rate for INR/USD and exchange rate of other major currencies. Please refer to our circular DBOD.No.Ret.BC.113/12.01.001/2011-12 dated June 29, 2012 on Maintenance of CRR on FCNR(B) Scheme advising banks to be… Read More »
Fugitive Economic Offenders Act 2018 : Notification : Download/Print
Fugitive Economic Offenders Act 2018 MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 1st August, 2018/Shravana 10, 1940 (Saka) The following Act of Parliament received the assent of the President on the 31st July, 2018, and is hereby published for general information:— THE FUGITIVE ECONOMIC OFFENDERS ACT, 2018 NO. 17 OF 2018 [31st… Read More »
Specific Relief (Amendment) Act 2018 :Notification : Download /Print
Specific Relief (Amendment) Act 2018 MINISTRY OF LAW AND JUSTICE (Legislative Department) New Delhi, the 1st August, 2018/Shravana 10, 1940 (Saka) The following Act of Parliament received the assent of the President on the 1st August, 2018, and is hereby published for general information:— THE SPECIFIC RELIEF (AMENDMENT) ACT, 2018 NO. 18 OF 2018 [1st… Read More »
Form H : Continuance of PPF Account after 15 years : Download /Print
Form H PUBLIC PROVIDENT FUND SCHEME, 1968 Application for continuance of account under the Public Provident Fund Scheme, 1968 beyond 15 years Download Form H Also Read 15 year Public Provident Fund Account (PPF) Benefits and Features
Form G : PPF withdrawal by Nominee/Legal Heirs : Download /Print
Form G PUBLIC PROVIDENT FUND SCHEME, 1968 Application for withdrawals by nominees/ legal heirs under the Public Provident Fund Scheme,1968 Download Form G Also Read 15 year Public Provident Fund Account (PPF) Benefits and Features
Exp. incurred on education of director’s son not allowed as Business Expense : BOMBAY HC
Exp. incurred on education of director’s son not allowed as Business Expense In the case in hand, Appellants-Assessee is a company manufacturing copper foils. Son of one of the directors was sent to USA for completing course in Business Administration which was ‘general’ in nature and had no direct nexus with the business activities of… Read More »
Form F : PPF Nomination Cancellation : Download /Print
Form F PUBLIC PROVIDENT FUND SCHEME, 1968 Cancellation or variation of nomination previously made in respect of Account No. . ……………Under the Public Provident Fund Scheme, 1968 Download Form F Also Read 15 year Public Provident Fund Account (PPF) Benefits and Features