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Extension of Due Date - Tax Audit Report-AY 2014-15 - From 30.09.2014 to 30.11.2014

Thursday, August 21, 2014 Posted by Unknown , , 1 comment
Extension of due date for obtaining and furnishing Tax Audit Report for AY 2014-15 from 30.09.2014 to 30.11.2014 Order, F.No.133/24/2014-TPL, dated 20th August, 2014 Order under Section 119 of the Income-tax Act, 1961 In exercise of power conferred by Section 119 of the Income-tax Act (‘the Act’), the Central Board of Direct Taxes (CBDT) hereby extends the due date for obtaining and furnishing...

Public Comments sought on Draft of Forward Contracts (Regulation) (Intermediaries) Rules, 2014

Thursday, August 21, 2014 Posted by Unknown No comments
The Ministry of Finance is in the process of strengthening the regulatory framework of the commodity derivative markets for some time. As part of this process, greater empowerment of Forward Markets Commission (FMC), the market regulator is also being done. Accordingly, a need was felt to strengthen the regulatory framework by empowering the FMC to effectively regulate the intermediaries of the...

Company Law Settlement Scheme, 2014

Thursday, August 21, 2014 Posted by Unknown , , No comments
General Circular No. 34/2014, F. No. 02/13/2014 CL-V, dated 12th August, 2014 As you are aware, the Companies Act requires companies to file annual documents (Annual return and financial Statements) on the MCA21 electronic registry, within prescribed time limits. Sections 92, 137 and 403 of the Companies Act, 2013, which correspond to sections 159, 220 and 611 of the Companies Act, 1956 may be...
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