Monthly Archives: January 2019

CBDT request non filer of ITR to submit online response within 21 days

By | January 22, 2019

Ministry of Finance CBDT identifies non-filers through Non-filers Monitoring System (NMS) by using Data Analytics and request the Non-filers to assess their tax liability for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response within 21 days Posted On: 22 JAN 2019 The Non-filers Monitoring System (NMS) aims to identify and… Read More »

Guidance Note on Dividend by issued by ICSI

By | January 21, 2019

Guidance Note on Dividend by ICSI Contents are as follow INTRODUCTION SCOPE DEFINITIONS GUIDANCE ON THE PROVISIONS OF SS-3 Ascertainment of amount available for payment/ distribution as Dividend. Declaration of Dividend Entitlement to Dividend Dividend in Abeyance Payment of Dividend Unpaid Dividend Revocation of Dividend Preservation of Dividend Cheques, Warrants and Dividend Registers Disclosure 46… Read More »

CBDT clarifies issue of Prosecution Notices for TDS deafult

By | January 21, 2019

Ministry of Finance Central Board of Direct Taxes (CBDT) clarifies regarding issue of Prosecution Notices Posted On: 21 JAN 2019 The Central Board of Direct Taxes (CBDT) has stated that certain news items that appeared in a section of media regarding enmasse issue of prosecution notices to small companies for TDS default are completely misleading… Read More »