- Due date of filing DVAT return in form DVAT-16, DVAT-17 & DVAT-48 for Q1 of 2016-17 extended to 31.08.2016. Circular no. 11 of 2016-17 dated 28.07.16.
- MCA issues Limited Liability Partnership (Amendment) Rules, 2016. Form 14 (intimating Registrar of Firms, for conversion of firm into LLP) revised. Notification of 13.4.16.
- Where bar to suit by a company arises under an article of the articles of association of the company, there can be no ratification by the official liquidator. [Subiksha Trading service limited vs. Azim Premji [2016] 133 CLA 31. HC of Mumbai].
- Surplus investment in mutual funds cannot render principle of Mutuality inapplicable. [CIT-3 Vs. M/s. Air Cargo Agents Association of India (Bombay high Court)].
COMMITTED FOR THE GROWTH OF BUDDING PROFESSIONALS
Friday 29 July 2016
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