- 15.08.16 is the last date to Issue of TDS certificate for June quarter of 2016-17 by all deductors.
- Now Company Secretaries or Cost Accountants having PAN, or their firm can also act as e-return intermediary. CBDT notification dated 09.08.16.
- Reimbursement of seconded employees’ salaries to seconding company not subject to TDS. [DCIT vs. Mahanagar Gas Ltd. (ITAT Mumbai)].
- The Parliament passed the Enforcement of Security Interest and Recovery of Debts Laws and Miscellaneous Provisions (Amendment) Bill,2016 empowering banks to confiscate security in the case of loan default.
- Statutory Bank Audit Online Multipurpose Empanelment Form (MEF) for the year 2016-17 is live at www.meficai.org. The last date for submission of online MEF Form for the year 2016-17 is 31st August, 2016 and for submission of hard copy of "DECLARATION FOR MEF 2016-17" is 12th September, 2016.
COMMITTED FOR THE GROWTH OF BUDDING PROFESSIONALS
Friday 12 August 2016
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