Saturday 15 August 2015

UPDATES:


  1. Charging of high premium on issue of shares can’t be ground for addition u/s 68[CIT vs Anshikha Consultants Pvt Ltd, Delhi High Court].
  2. Today (15-08-15) is the last date for issue of TDS certificate for June quarter of 2015-16 by Government Deductors in Form 16A.
  3. Advances paid for purchase of assets would amount to utilization of capital gains u/s 54G of the Income Tax Act- Supreme Court of India.
  4. Use modified Version of Form MR-2 (Approval of appointment, remuneration etc. of MD / WTD/Manager from CG) w.e.f. 14.08.15.
  5. Updated Costing taxonomy 2015, Business rules and MCA XBRL validation tool version 2.0 (beta) has been released.
  6. Haryana Value Added Tax, 2003 vide Noti No Leg. 9/2015 dated 03.08.2015. Notified Reassessment and revision period extended in Haryana VAT.
  7. The Board of Approval on (SEZs) on 19.05.2015, has de-notification of 22 SEZs as the progress made by the Developers of said SEZs are not satisfactory.

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