ICAI’s Clarification on Sting Operation carried out by “Aaj Tak” News Channel

The Institute of Chartered Accountants of India (ICAI) welcomes the historic decision of Government of India to fight against Corruption, Black Money, Terrorism and counterfeit Currency. This is a giant leap towards creating a clean and corruption-free economy. The Demonetisation drive declared by the Hon’ble Prime Minister, Shri Narendra Modi has dealt a lethal blow … Read more

Clarification in respect of MEF 2016-17 for applicants who are applying as Proprietary Concern/Individual

PD/A-40/2016 6th October, 2016 ANNOUNCEMENT – CLARIFICATIONS IN RESPECT OF MEF 2016-17 Applicants of MEF who are (i) Applying as “Proprietary Concern” and also having Sole/Individual practice registered in Institute’s records (ii) Applying as “Individual” (either Sole/Individual practice registered or not in Institute’s records) though they are also having Proprietary Concern (iii)Applying as Proprietor and … Read more

Tax Calendar for September 2016

Date Act/Law Compliance 6th September Central Excise E-Payment of Central Excise for all assessees other than SSI Units for August 2016 6th September Central Excise E-Payment of Central Excise for assessees availing or eligible to avail exemption based on value of clearances (SSI Units) for August 2016 7th September Income Tax Due date for deposit … Read more

Tax Calendar-August 2016

Date Act/Law Compliance 6th August Service Tax Monthly payment of Service Tax for assessees other than Individual, Proprietory Firm and Partnership Firm 6th August Central Excise Monthly payment of Central Excise other than SSI Unites for July 2016 7th August Income Tax Due date for deposit of Tax deducted/collected for the month of July, 2016. … Read more

A member of ICAI should not respond to any tender

There is notification of the ICAI regarding the not responding the tender, dated 7th April, 2016 and Now ICAI has come out with the the  FAQ regarding the Responding to Tenders. The Notification and FAQ both are given below for your knowledge. Notification [PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA, EXTRAORDINARY, DATED … Read more

Tax Calendar for June 2016

Date Act Compliance 06-06-2016 Service Tax E-Payment of Service Tax for May 2016 in case of Companies 07-06-2016 Income Tax Due date for deposit of Tax deducted/collected for the month of May, 2016. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the … Read more

Direction for installing mobile towers and advertisement hoarding on the building of the co-op housing society

  Directions to be given to Co-operative Housing Societies under section 79 (A) of Maharashtra Co- operative Societies Act 1960.  To implement procedure and practice for installing mobile towers on the Terrace or to display advertisement board/hoarding on the building of the Co-operative Housing/Premises Societies. Government of Maharashtra No.SGY-2014/CR/No.72/14-S Co-operation, Marketing and Textiles Department, Madam … Read more

Registration fees payable on the instrument of Gift of a residential and agricultural property is Rs.200 From April 2016

  NOTIFICATION Revenue & Forest Department, Madam Kama Marg, Hutatma Rajguru Chowk, Mantralaya, Mumbai-32, Dated:- 31st March, 2016 The Registration Act,1908 No.RGN-2016/51/CR-11/M-1 :- In exercise of the Powers conferred by section 78 of the Registration Act, 1908 (XVI of 1908) in its application to the State of Maharashtra, the Government of Maharashtra, hereby amends the … Read more