| Date |
Topic |
Message |
| 03/12/2011 |
General |
Wef 1-12-2011, Limit of PPF raised from 70,000 to 1,00,000 pa. Rate of interest on loan against PPF raised from 1% to 2% pa. PPF (Amend.) Scheme, 2011. Webtel |
| 04/12/2011 |
General |
No law stops changing name more than once. HC, Mumbai. Regards, Webtel |
| 05/12/2011 |
Due Date |
TODAY(5-12-11) is last day for deposit of Service Tax for month of Nov 2011(e-payment : 6th). 7-12-11 is last date for deposit of TDS/TCS for Nov 2011. Webtel |
| 06/12/2011 |
General |
No Sale of KVP wef close of business on Wednesday, 30th November, 2011. Notification [F.No. 1/10/2011-NS-II], dated 25-11-2011. Regards, Webtel |
| 06/12/2011 |
Cost Audit |
Cost Accounting Records & Cost Audit not applicable to wholesale or retail trading, banking, job work, travel, hospitality etc. General Circular 67 of 30-11-11. |
| 07/12/2011 |
Income Tax |
Report u/s 115JC of IT Act for computing Adjusted Total Income & MAT of LLP to be in Form 29C. Income-Tax (9th Amendment) Rules, 2011 of 1-12-11. Regards, Webtel |
| 07/12/2011 |
Income Tax |
Report u/s 115JC of IT Act for computing Adjusted Total Income & MAT of LLP to be in Form 29C. Income-Tax (9th Amendment) Rules, 2011 of 1-12-11. Rgds, Webtel |
| 08/12/2011 |
Cost Audit |
Cost Accounting Records & Cost Audit not applicable to wholesale or retail trading, banking, job work, travel, hospitality etc. General Circular 67 of 30-11-11. |
| 09/12/2011 |
General |
Biscuits, butter, cereals, edible oil, beverages, milk powder, mineral water etc to be sold in stipulated pack sizes. Packaged Commodities Rules 2011. Webtel |
| 10/12/2011 |
MCA |
DINs where PAN incorrect/not provided may be treated as default & disabled after 15-12-11. Check from last link at Quick Links at mca.gov.in/MCA21. Rgds, Webtel |
| 11/12/2011 |
General |
Marriage registration in 60 days to become mandatory in Delhi from next year. Fine: Rs 1,000. Hefty fine or jail for providing false papers. Regards, Webtel |
| 12/12/2011 |
DVAT |
Contractors, Builders engaged in construction, development of properties in Delhi to get registered under DVAT if turnover exceeds 10 lacs & charge VAT.Webtel |
| 13/12/2011 |
General |
Transfer Pricing Officers cant take up cases on their own, unless referred by regular Assessing Officer. Case of Amadeus India, Delhi HC. Regards, Webtel |
| 13/12/2011 |
MCA |
19 Days for filing in XBRL without payment of additional fee.Pl.file immediately as no extension shall be given after 31st Dec.11.Visit:www.mca.gov.in.WEBTEL. |
| 14/12/2011 |
Due Date |
Tomorrow, 15-Dec-2011 is Last Date for Payment of Advance Tax- 75% by Cos & 60% by Others. Generate Challan or Pay Online from Web-e-TDS or Web-e-Tax. Webtel |
| 15/12/2011 |
SEBI |
No Service Tax on Late Payment charges paid by investors to brokers if shown separately in a/c statement. Clarification by Finance Ministry/ SEBI. Rgds, Webtel |
| 15/12/2011 |
Due Date |
TODAY, 15-Dec-2011 is Last Date for Payment of Advance Tax- 75% by Cos & 60% by Others. Generate Challan or Pay Online from Web-e-TDS or Web-e-Tax. Webtel |
| 16/12/2011 |
MCA |
Cos Bill 2011 introduced in Parliament. Auditor Rotation every 5 years. Independent Directors term : 5 years.2% CSR spend for Big Cos. Regards, Webtel |
| 16/12/2011 |
Due Date |
Last date for filing form DIN-4 by DIN holders for furnishing /updating PAN details, extended to 29th Feb, 2012. General Circular No: 70/2011. Regards, Webtel |
| 17/12/2011 |
Due Date |
Last date for Company Law Settlement Scheme (CLSS), 2011 extended to 15th Jan, 2012. General Circular 71/2011. Regards, Webtel |
| 17/12/2011 |
CA |
Attn CA Firms : Check your allotment status in Draft Bank Branch Auditors Panel for 2011-12 at www.meficai.org till 20 December, 2011. Regards, Webtel |
| 18/12/2011 |
DVAT |
MCD extends Amnesty Scheme for property tax defaulters till 313-2012. Defaulters under the old & new system can clear dues without Penalty or Interest.Webtel |
| 19/12/2011 |
RBI |
Equity investments by banks in non-financial services cos capped at lesser of 10% of Co Paid-up Capital & 10% of Bank Paid-up Capital & Reserves. Rgds, Webtel |
| 20/12/2011 |
Cost Audit |
Cost Accounting Records & Cost Audit – Clarifications regarding applicability & compliance requirements. General Circular 68 of 30-11-11. Regards, Webtel |
| 20/12/2011 |
Due Date |
ONLY 11 Days left for XBRL Filing. Pay 3500 instead of 500 if filing after 31-12-11. Additional fee of 6 times payable from Original Due Date. Regards, Webtel |
| 20/12/2011 |
Due Date |
ONLY 11 Days left for XBRL Filing. Pay 3500 instead of 500 if filing after 31-12-11. Additional fee of 6 times payable from Original Due Date. Regards, Webtel |
| 21/12/2011 |
Due Date |
26-12-11 (Monday) is the LAST day for filing Service Tax Returns for Half year ended 30-9-11. E-filing Mandatory in ALL cases. Regards, Webtel |
| 22/12/2011 |
SEBI |
An Auditor can perform maximum 3 consecutive System Audits only for Stock Exchange/ Depository. SEBI Circular No. MRD/DMS/13/2011, dated 29-11-2011.Rgds, Webtel |
| 23/12/2011 |
Custom & Central Excise |
If CENVAT credit reversed later on (if benefit of both Abatement & CENVAT taken), benefit of Abatement to be allowed. Khyati Tours & Travels Vs CCE, Ahm. Webtel |
| 24/12/2011 |
RBI |
RBI removes limit of Rs 50,000 per customer per day for mobile banking transactions. Banks to put own limits based on their risk perception. Regards, Webtel |
| 25/12/2011 |
General |
Passport Office at Bikaji Cama Place only for Tatkal Applications. New centre by Jan end at ITO. Centres at Nehru Place, Laxmi Nagar & Turkman Gate also. Webtel |
| 26/12/2011 |
Due Date |
TODAY (26-12-11) is the LAST day for filing Service Tax Returns for Half year ended 30-9-11. E-filing Mandatory in ALL cases. Regards, Webtel |
| 28/12/2011 |
Due Date |
Last Date for filing ITR-V for AY 2010-11 is Saturday, 31-12-2011 or 120 days from e-filing, whichever is later. Pl. check & send if not sent. Regards, Webtel |
| 28/12/2011 |
CA |
Atttn Practising CAs : Last date for obtaining 20 CPE Hours for 2011: Saturday, 31-Dec-11. 90 hours to be completed from 1-1-11 to 31-12-13. Regards, Webtel |
| 29/12/2011 |
Due Date |
Last date for XBRL filing for cos with AGM upto 30-9-11: Saturday, 31-12-11. Fee 3500 after 31-12-11. Other cos can file in 90 days from AGM. Regards, Webtel |
| 29/12/2011 |
MCA |
Shareholder meetings via video conferencing to remain optional for Listed Cos. MCA not to authorize any agency for it. Circular 72 dt 27-12-11. Regards, Webtel |
| 30/12/2011 |
Service Tax |
Further Extension of last date for filing half yearly Service Tax Return for April - September 2011 to 6-1-2012. Order 3 dt 29-12-11. Regards, Webtel |
| 30/12/2011 |
General |
Deadline of 1-4-12 for banks in North & South to adopt uniform design standards to facilitate e-clearing of cheques. Others to adopt by 30-9-12. Regards, Webtel |
| 31/12/2011 |
Due Date |
TODAY(31-12-11) is the Last date for XBRL filing for cos with AGM upto 30-9-11. Fee 3500 after today. Other cos can file in 90 days from AGM. Regards, Webtel |
| 02/01/2012 |
MCA |
Use Public Search of Trade Marks on MCA21 portal before applying for Co name to verify that name not subject to any trademark or pending for registration.Webtel |
| 03/01/2012 |
CA |
Attn Practicing CAs : Extension of Last Date for complying with CPE hours requirements for 2011 from 31-12-2011 to 31-3-2012. Regards, Webtel |
| 03/01/2012 |
MVAT |
MVAT - Last date for filing Refund Application (Form 501) for 2009-10 & Monthly Return for Nov 2011 extended till Saturday, January 7, 2012. Regards, Webtel |
| 04/01/2012 |
Service Tax |
Exemption from Service tax to Transport of Goods by rail extended till 1-4-12. Notification No. 49/2011-ST., dated 30-12-2011. Regards, Webtel |
| 04/01/2012 |
RBI |
NBFCs/RNBCs to accept letter issued by UIDAI as valid document for opening of accounts but confirm current address. RBI/2011-12/314 dt 26-12-11. Regards Webtel |
| 05/01/2012 |
Due Date |
TODAY(5-1-12) is last day for deposit of Service Tax for Month/Qtr Dec 2011(e-payment : 6th). 7-1-12 is last date for deposit of TDS/TCS for Dec 2011. Webtel |
| 05/01/2012 |
Service Tax |
Transport of Goods by rail - Abatement provisions. Service Tax Exemption extended till 1-4-12. Notification No. 51/2011-ST dated 30-12-2011. Regards, Webtel |
| 06/01/2012 |
General |
Ministry of Finance clarifies that rate of interest at time of investment in small savings scheme except PPF, to remain unchanged till maturity. Regards Webtel |
| 06/01/2012 |
Due Date |
TODAY(6-1-2012) is the last date for filing Half Yearly Service Tax Return for April - September 2011. Order 3 dt 29-12-11. Regards, Webtel |
| 07/01/2012 |
Service Tax |
Wef 3-1-12, Online refund of Service Tax paid on 18 services used for export of goods. Av rate of refund :0.03% - 0.20% of FOB value. Notification 52. Webtel |
| 09/01/2012 |
General |
BIS (Amendment) Bill for mandatory Hallmarking of Gold approved. Presently, hallmarking must for cement, mineral water, milk products etc. Regards Webtel |
| 10/01/2012 |
Income Tax |
Centralised Processing of Returns Scheme 2011 wef 4-1-12 for e-returns & paper returns of certain assessees. E-Returns can be revised electronically only.Webtel |
| 10/01/2012 |
General |
Customers may soon be allowed to switch banks without changing A/c numbers after similar moves in mobile telephony & health insurance in 2011.Regards, Webtel |
| 11/01/2012 |
Service Tax |
Further Extension of last date for filing half yearly Service Tax Return for April - Sep 2011 to Fri, 20-1-2012. Order 1/2012 dt 9-1-2012. Regards, Webtel |
| 11/01/2012 |
Income Tax |
Guidelines for notification of affordable housing project as specified business u/s 35AD. Income-tax (First Amendment) Rules, 2012 dt 2-1-12. Regards, Webtel |
| 12/01/2012 |
Due Date |
Sun, 15-1-12 is Last date for filing TDS Returns for Q3 of 2011-12. Govt Deductors can file TDS Returns till 31-1-12. TCS Returns by 15-1-12 for ALL.Rgds Webtel |
| 13/01/2012 |
IRDA |
Clarifications for Instructions & Guidelines for approval/renewal of Agents Training Institutes. Circular IRDA/AGTS/CIR/GLD/017/01/2012 of 11-1-12. Rgds, Webtel |
| 16/01/2012 |
Income Tax |
Cash seized during raid by tax authorities can be adjusted against advance tax liabilities of tax payer. Ram S Sarda, ITAT. Regards Webtel |
| 17/01/2012 |
Custom & Central Excise |
"CBEC announces Reward upto 5% of amount recovered for information on assets of defaulters of
Customs, Central Excise or Service Tax. Regards, Webtel" |
| 18/01/2012 |
Custom & Central Excise |
Ad-valorem rates of excise & customs on Gold, Silver & Platinum wef today. Gold & Diamonds to attract import duty of 2% & Silver 6%. Regards Webtel |
| 19/01/2012 |
Audit |
Audit under an act which requires audit report in form given u/s 44AB, not to be taken for specified no of tax audit assignments if sales< 60 lacs. Rgds, Webtel |
| 20/01/2012 |
Income Tax |
Special drive by IT Dept including visits wef TODAY till 20-3-12 to verify High-Value Transactions from non- IT payee/person not furnishing PAN. Regards Webtel |
| 20/01/2012 |
Due Date |
TODAY(20-1-2012) is the last date for filing Half Yearly Service Tax Return for April - September 2011. Order 1/2012 dt 9-1-2012. Regards, Webtel |
| 21/01/2012 |
General |
Wef 15-2-12, Mandatory for 1 passenger in a group travelling by AC coach in trains to carry any 1 of 9 ID proofs like voter ID, Pan card, Passport, DL. Webtel |
| 21/01/2012 |
Income Tax |
Now request IT Dept for re-sending of CPC-Intimation u/s 143(1)/154 & Refund. Go to Services option in login at www.incometaxindiaefiling.gov.in. Regards Webtel |
| 22/01/2012 |
DVAT |
Before buying property in Delhi, check status at www.mcdonline.gov.in. Click Departments > Engineering Department > Unauthorised Construction. Regards, Webtel |
| 23/01/2012 |
RBI |
Cos can hedge price risk in commodities other than precious metals in international exchanges. RBI/2011-12/353 A P(DIR Series) Circular No.68 dt 17-1-12. Webtel |
| 23/01/2012 |
General |
Private Schools come under RTI Act. Ms. Bindu Khanna V Directorate of Education, NCT of Delhi, CIC. Third Party: Pinnacle School, N Delhi. Regards, Webtel |
| 24/01/2012 |
General |
International SMS with alphabet header or alphanumeric header or +91 as country code to be blocked. Limit of 200 sms per hour also applies. Regards, Webtel |
| 25/01/2012 |
DVAT |
TODAY is last date for deposit of DVAT & CST for month/ quarter Dec-2011. E-Returns by 10-02-2012 & Hard copies by 13-02-2012.www.dvat.gov.in. Rgds, Webtel |
| 25/01/2012 |
DVAT |
Saturday(28-1-12) is the last date to submit Audited Accounts for year ended March 31, 2011 for dealers having gross turnover > Rs 40 lacs (NOT 60 lacs).Webtel |
| 25/01/2012 |
DVAT |
Saturday(28-1-12) is the last date to submit Audited Accounts for the year ended 31st March, 2011 for dealers having gross turnover exceeding Rs. 60 lacs.Webtel |
| 27/01/2012 |
Due Date |
Tues, 31-1-12 is the Last date for filing TDS Returns by Government Deductors for Q3 of 2011-12. Regards, Webtel |
| 28/01/2012 |
General |
Industry specific listed cos/ cos with Turnover>100 cr to get cost accounts audited by Cost Accountant/firm. ORDER [F.No. 52/26/CAB-2010] of 24-1-12.Rgds Webtel |
| 28/01/2012 |
CA |
Attn. CA Firms : Tues, 31-1-2012 is the last date to get status of your firm updated by filing fresh Form 18 for CAG & Bank Audit. Regards, Webtel |
| 29/01/2012 |
DVAT |
Now apply online for sanction of Building plans to All 12 Zonal Offices of MCD through its website www.mcdonline.gov.in. Regards Webtel |
| 30/01/2012 |
RBI |
Simplification of ECB procedure. Cancellation of LRN, change in end user of proceeds by AD Banks.RBI/2011-12/366 AP(DIR Series) Cir 69 dt 25-1-2012.Rgds Webtel |
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