Lastest Procedure of Form 15G or 15H

Major amendments have been done in Procedure for submitting Form 15G or 15H vide Income Tax Notification No.  76/2015 [F.No. 133/50/2015-TPL] / SO 2663 (E) : Income Tax (14th Amendment) Rules, 2015 dated 29th September, 2015.   Utilities have also been provided by Income Tax Department for deductors  for generating XML Files of consolidated forms… Read More »

Download All ITR Forms for FY 2016-17

All ITR forms officially  notified by CBDT FOR F.Y. 2016-17Income tax department has issued different forms for different assessees.   Therefore, it is necessary to know which form is correct for assessees to submit Income Tax Return.  The  detail  for who can use or who can not use a particular Income Tax Form is given… Read More »

Brief Notes on Professional Tax

Brief Notes on Professional Tax / Brief Notes on PT / FAQs on Professional Tax What is Professional TaxProfessional tax is levied by particular Municipal Corporations and majority of the Indian states impose this duty. It is a source of revenue for the government. The maximum amount payable per year is INR 2,500 and in line… Read More »

Income Tax Due Dates for April 2016

7 April 2016 –Due date for deposit of Tax collected for the month of March, 2016. However, all sum collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan 7 April 2016 –Due date… Read More »

Detailed points of Residential Status

Credits:CA Abhishek MittalCA Sakshi Mittal Scope of Total Income / Incidence of Tax [Section 5]: Scope of total income is according to the residential status of the assessee. Resident and Ordinarily Resident (ROR) [Section 5(1)] The total income of any previous year of a person who is a resident and ordinarilyresident includes all income from… Read More »

New Centralised Process of Incorporation of Companies

New Centralised Process of Incorporation of Companies MCA has centralized the process of incorporation of companies w.e.f. 28.03.2016. Under this new process, all e-forms relating to incorporation of companies, viz., INC-2, INC-7, INC-29 and other related forms (INC-22, DIR-12) shall be processed by the Central Registration Centre (CRC). It may be noted that the CRC… Read More »

SEBI Announcement adaptation of Aadhar Card on KYC Document

Securities and Exchange Board of India CIRCULARCIR/MIRSD/29/2016 January 22, 20161. All Recognized Stock Exchanges2. Stock Brokers through Recognized Stock Exchanges3. All recognised Depositories4. Depository Participants through Depositories5. Association of Mutual Funds in India6. Mutual funds through AMFI7. Portfolio Managers8. KYC Registration Agencies (KRAs)9. Alternative Investment Funds (AIFs)10. Collective Investment Schemes (CIS)11. Custodians Dear Sir/Madam, Sub:… Read More »

ICSI June 2016 Exams Time Table

ICSI June 2016 Exams official Time Tableclick on image and get full sizeAnnexure- “A”tos) -rH E I IlS-rt-r(J-rE oF C6rn foan-fr seErecaries of lrldiaCOMPANY SECRETARIES EXAMINATIONS, JUNE, 2015TIME-TABLE & PROGRAMMEEXAM INA]IION TIMING: 9:OO A.M. TO 12:00 Noon.Date andDayProfesslonal Programme(Old Syllabus)Executive Progtamme Professiona I Prog ra m me(New Syllabus)01.06.2015WednesdayCompany Secretarial Practice(Module – I)Cost and Management Accounting(Module-t1*… Read More »

CS Excutive Industrial Labor and General Law

Industrial labor andgeneral law CS ExcutiveILGL NotesCS – EXECUTIVE THE PAYMENT OF BONUS ACT, 1965APPLICABILITY • To every factory, Business organization, establishment(Sec. 1) • With more than 20 employees, employed on any working day of A.Y.• With employee between 10 to 19 (By passing a notification in officialgazette by Appropriate Government, giving a 2 months prior notice… Read More »

Main Check List of Bank Audit

Call for the following information / records / details / evidences for the purposes of Statutory audit of Bank : 1. Closing circular issued to the branch / reference in their website to download the same.2. The extent, size and specialization of the branch3. The profile of the branch and performance in the past two… Read More »