Professional Updates by CA.Vivek Khurana & Team CASANSAAR

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Country has Rs 10 lakh crore NPAs - Past President ICAI
• Cost Accountants can audit accounts of cooperative societies - HC
• Income Tax dept launches e-appeal filing system
• Income Tax dept launches tax calculator; e-filing begins this week
• Plea in HC against surcharge on debit, credit cards payments
• CBDT processes 6.53 lakh online rectification requests in income tax returns
• Professional Opportunities - Excise on Jewellery World
• Bank Branch Audit Program 2015-16
• Test your knowledge & answer the query?

Country has Rs 10 lakh crore NPAs - Past President ICAI Posted: 03 Apr 2016 07:57 PM PDT The growing non-performing assets in banks are a matter of great concern. Even the Union government is projecting NPAs at Rs 3.80 lakh crore, in reality it is not less than Rs 10 lakh crore, said Past CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Country-has-Rs-10-lakh-crore-NPAs---Past-President-ICAI/7833.html for detail visit www.casansaar.com

Cost Accountants can audit accounts of cooperative societies - HC Posted: 03 Apr 2016 07:47 PM PDT The Karnataka State Chartered Accountants’ Association has lost a legal battle against the State’s two-year-old law, which permits using the services of cost accountants to audit accounts  CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/Cost-Accountants-can-audit-accounts-of-cooperative-societies---HC/7832.html for detail visit www.casansaar.com

Income Tax dept launches e-appeal filing system Posted: 03 Apr 2016 07:45 PM PDT In yet another step aimed at reducing human interface between taxman and the taxpayer, the Income Tax department today operationalised a facility for e-filing of the first appeal before a tax officer. CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-launches-e-appeal-filing-system/7831.html for detail visit www.casansaar.com

Income Tax dept launches tax calculator; e-filing begins this week Posted: 03 Apr 2016 07:44 PM PDT E-filing of income tax returns for the assessment year 2016-17 was launched Sunday for a select category of entities and individuals even as the IT department provided an online calcula CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-launches-tax-calculator-e-filing-begins-this-week/7830.html for detail visit www.casansaar.com

Plea in HC against surcharge on debit, credit cards payments Posted: 03 Apr 2016 07:43 PM PDT A plea has been filed in the Delhi High Court against "illegal" surcharge levied on transactions done through debit and credit cards across the country while no such charge is imposed on cas CLICK ON THE LINK.. http://www.casansaar.com/news-Banking/Plea-in-HC-against-surcharge-on-debit-credit-cards-payments/7829.html for detail visit www.casansaar.com

CBDT processes 6.53 lakh online rectification requests in income tax returns Posted: 03 Apr 2016 07:42 PM PDT The Income tax department has processed over 6.53 lakh online rectification applications in 2015-16 fiscal and asked the assessees to make use of the e-filing portal for correcting mistakes in Income  CLICK ON THE LINK.. http://www.casansaar.com/news-CBDT/CBDT-processes-6.53-lakh-online-rectification-requests-in-income-tax-returns/7828.html for detail visit www.casansaar.com

Professional Opportunities - Excise on Jewellery World Posted: 03 Apr 2016 07:41 PM PDT The scheme of levy and collection of Central Excise duty on articles of Jewellery is as under: (a) The levy and collection of Central Excise Duty is on the manufacture of Jewellery (excluding CLICK ON THE LINK... http://www.casansaar.com/articles-Excise/Professional-Opportunities---Excise-on-Jewellery-World/3092.html for detail visit www.casansaar.com

Bank Branch Audit Program 2015-16 Posted: 03 Apr 2016 07:36 PM PDT Bank Branch Audit Program 2015-16 CLICK ON THE LINK.. http://www.casansaar.com/files-Auditing-Bank-Branch-Audit-Program-2015-16/5820.html for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 03 Apr 2016 07:33 PM PDT One of proprietorship business has formed a pvt. ltd. company two years back but no transactions took place in pvt. ltd. company. Now proprietor wants to convert his business into the 2 years back for CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Corporate-Law/conversion-of-propritership-into-pvt.-ltd.company/5276.html for detail visit www.casansaar.com

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• ICAI Announcement - Responding to Tenders
• Panama paper leak triggers tax evasion probes across the Globe
• HC panel asks for audit of NSEL, others
• Taxpayers' grievances:CBDT allots quota to top brass
• Release of new functionality to taxpayers to secure their E-filing account
• BoB’s move to change concurrent Auditors stirs hornet’s nest
• CBDT enables e-filing of ITR 1, ITR-4S and Form 15CA/15CB

• Test your knowledge & answer the query?

• Bill Maher tweeted: Just watched the adult who is our current president discuss the grave issue of nukes...and then think if it was President Forrest Trump. Oy.

ICAI Announcement - Responding to Tenders Posted: 04 Apr 2016 08:27 PM PDT Council Affairs 4th April, 2016 ANNOUNCEMENT - RESPONDING TO TENDERS The matter pertaining to responding to tenders issued by various users of professional services or organization in areas e CLICK ON THE LINK... http://www.casansaar.com/news-CA-Announcement/ICAI-Announcement---Responding-to-Tenders/7834.html

for detail visit www.casansaar.com

Panama paper leak triggers tax evasion probes across the Globe Posted: 04 Apr 2016 08:26 PM PDT Spain, France and several other countries have launched tax evasion probes after a massive leak of confidential documents lifted the lid on the murky offshore financial dealings of a slew of politicia CLICK ON THE LINK.... http://www.casansaar.com/news-Income-Tax/Panama-paper-leak-triggers-tax-evasion-probes-across-the-Globe/7835.html

for detail visit www.casansaar.com

HC panel asks for audit of NSEL, others Posted: 04 Apr 2016 08:25 PM PDT A committee of the high court here has found discrepancies in data collated from various sources and recommended audit of eight brokers and seven clients or investors in the case of the defunct Nation CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/HC-panel-asks-for-audit-of-NSEL-others/7836.html

for detail visit www.casansaar.com

Taxpayers' grievances:CBDT allots quota to top brass Posted: 04 Apr 2016 08:25 PM PDT  In order to accord a high priority to issues related to taxpayer's grievances, CBDT has brought a new mechanism where top officers of the IT department have been alloted a specific quota of  CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Taxpayers-grievancesCBDT-allots-quota-to-top-brass/7837.html

for detail visit www.casansaar.com

Release of new functionality to taxpayers to secure their E-filing account Posted: 04 Apr 2016 08:24 PM PDT The Income Tax Department has from time to time issued advisories regarding the need to avoid phishing emails and to carefully protect the passwords, OTPs and not share them with others.  In o CLICK ON THE LINK.. http://www.casansaar.com/news-Income-Tax/Release-of-new-functionality-to-taxpayers-to-secure-their-E-filing-account/7838.html

for detail visit www.casansaar.com

BoB’s move to change concurrent Auditors stirs hornet’s nest Posted: 04 Apr 2016 08:23 PM PDT Bank of Baroda, the country’s second-largest public sector bank, has stirred up a hornet’s nest with its decision to not renew the contracts of an existing panel of concurrent auditors and CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/BoB%E2%80%99s-move-to-change-concurrent-Auditors-stirs-hornet%E2%80%99s-nest/7839.html

for detail visit www.casansaar.com

CBDT enables e-filing of ITR 1, ITR-4S and Form 15CA/15CB Posted: 04 Apr 2016 08:22 PM PDT In pursuance of the Notification of the Income Tax Returns (ITR) for AY 2016-17 on March 31st, 2016, Central Board of Direct Taxes announces the release of electronic filing of ITRs 1 and 4S on its we CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/CBDT-enables-e-filing-of-ITR-1-ITR-4S-and-Form-15CA15CB/3047.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 04 Apr 2016 08:21 PM PDT I want to know the Areas in North India where excise duty exemption is available for the industries CLICK ON THE LINK... http://www.casansaar.com/queries-Excise/Tax/5277.html

for detail visit www.casansaar.com

Bill Maher tweeted: Just watched the adult who is our current president discuss the grave issue of nukes...and then think if it was President Forrest Trump. Oy. Posted: 04 Apr 2016 02:44 AM PDT   Popular in your network Bill Maher  @billmaher   Just watched the adult who is our current president discuss the grave issue of nukes...and then think if it was President Forrest Trump. Oy.       View on Twitter       Umair Sandhu @sandhumerry   Detail First Screening Report of #SardaarGabbarSingh on my FB Page. BLOCKBUSTER facebook.com/Umair-Sandhu-9…       View on Twitter       Larry King  @kingsthings   As I leave you tonight remember April showers bring May flowers… #ItsMy2Cents       View on Twitter       MTV  @MTV   Losing chill over the thought of seeing new footage from @SuicideSquadWB at the #MovieAwards on.mtv.com/21XMavi       View on Twitter       Katie Couric  @katiecouric   I'll ask! 😊 twitter.com/mickinyman/sta…       View on Twitter       Kannan @TFU_Kannan   #Theri teaser crossed 10 Million views! Fantastic reach... Humongous opening guaranteed!! #Apr14 YouTube       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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ICAI Constitutes Expert Panel for Addressing Bank Branch Audit Queries Posted: 05 Apr 2016 08:28 PM PDT Dear Members, The bank audit season is around the corner. Given the fact that the banking industry is typical in terms of its geographical and customer spread, the volume and varied nature of produ CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/ICAI-Constitutes-Expert-Panel-for-Addressing-Bank-Branch-Audit-Queries-for-FY-2015-16/7842.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Tax receipts at Rs.14.6 lakh cr, exceeds estimates
• Company Secretaries pocket avg annual pay of Rs 50 lakh
• Income Tax dept to challenge Bombay HC verdict in Vodafone TP case
• Change in Daily Minimum Cash Reserve Maintenance Requirement
• Standing Liquidity Facilities for Primary Dealers
• Bank Audit Planning and systematic approach

• Test your knowledge & answer the query?

Tax receipts at Rs.14.6 lakh cr, exceeds estimates Posted: 06 Apr 2016 07:55 PM PDT The government collected Rs.14.6 lakh crore in taxes in financial year 2015-16, which is higher than the Budget Estimates and Revised Estimates for the year. The government data shows that the bulk CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Tax-receipts-at-Rs.14.6-lakh-cr-exceeds-estimates/7845.html

for detail visit www.casansaar.com

Company Secretaries pocket avg annual pay of Rs 50 lakh Posted: 06 Apr 2016 07:52 PM PDT The average annual compensation of Company Secretaries at the top 500 firms listed on the BSE stood at Rs 50 lakh even though many of them got less than Rs 25 lakh, says a report. The findings are bas CLICK ON THE LINK... http://www.casansaar.com/news-ICSI/Company-Secretaries-pocket-avg-annual-pay-of-Rs-50-lakh/7844.html

for detail visit www.casansaar.com

Income Tax dept to challenge Bombay HC verdict in Vodafone TP case Posted: 06 Apr 2016 07:51 PM PDT Income Tax Department has said it will move Supreme Court challenging the Bombay High Court order in the 8,500-crore rupees Vodafone transfer pricing case. In a series of tweets last night, the IT dep CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-to-challenge-Bombay-HC-verdict-in-Vodafone-TP-case/7843.html

for detail visit www.casansaar.com

Change in Daily Minimum Cash Reserve Maintenance Requirement Posted: 06 Apr 2016 07:49 PM PDT RBI/2015-16/359 DBR.No.Ret.BC.91 /12.01.001/2015-16 April 5, 2016 The Chairperson /CEOs of all Scheduled Commercial Banks/ Regional Rural Banks / All Scheduled Primary (Urban) Co-operative Ban CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Change-in-Daily-Minimum-Cash-Reserve-Maintenance-Requirement/3052.html

for detail visit www.casansaar.com

Standing Liquidity Facilities for Primary Dealers Posted: 06 Apr 2016 07:48 PM PDT RBI/2015-16/355  REF.No.MPD.BC.380 /07.01.279/2015-16 Chaitra 16, 1938 (Sake) April 5, 2016 To All Primary Dealers Dear Sir/Madam, Standing Liquidity Facilities for Primary Deal CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Standing-Liquidity-Facilities-for-Primary-Dealers/3048.html

for detail visit www.casansaar.com

Bank Audit Planning and systematic approach Posted: 06 Apr 2016 07:46 PM PDT Bank Audit Planning and systematic approach CLICK ON THE LINK... http://www.casansaar.com/files-Bank-Branch-Audit-Bank-Audit-Planning-and-systematic-approach/5832.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 06 Apr 2016 07:45 PM PDT Can company registered u/s 25 or 8 of Act be takes its official domain as  CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Companies-Act/5274.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Zone-shifting of candidates for MAY - 2016 CA Exams - ICAI
• Download online ICAI Admit Card for May 2016 examination
• Announcement for conducting ISA-Eligibility & Assessment Test under both Syllabus for two more attempts
• Startup India: New Policies for Starting up the business in India
• Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission
• Oversight of Government Business in Agency Banks
• Revision of interest rates for Small Savings Schemes
• Applicability of Concentration of Credit/ Investment Norms
• Priority Sector Lending Certificates

• Test your knowledge & answer the query?

Zone-shifting of candidates for MAY - 2016 CA Exams - ICAI Posted: 07 Apr 2016 07:48 PM PDT April 7th, 2016 Subject: Zone-shifting of candidates for MAY - 2016 CA Exams Due to paucity of accommodation in certain Zones opted by the candidates in the cities of Chennai, Delhi, Hyderabad,  CLICK ON THE LINK... http://www.casansaar.com/news-CA-Exams/Zone-shifting-of-candidates-for-MAY---2016-CA-Exams---ICAI/7846.html

for detail visit www.casansaar.com

Download online ICAI Admit Card for May 2016 examination Posted: 07 Apr 2016 07:47 PM PDT Admit cards in respect of candidates admitted to the Intermediate (IPC) and Final May 2016 examination, with their photographs and signatures on them, are hosted on www.icai.nic.in.  Candidate CLICK ON THE LINK... http://www.casansaar.com/news-CA-Exams/Download-online-ICAI-Admit-Card-for-May-2016-examination/7847.html

for detail visit www.casansaar.com

Announcement for conducting ISA-Eligibility & Assessment Test under both Syllabus for two more attempts Posted: 07 Apr 2016 07:46 PM PDT The Committee on Information Technology at its 73rd Meeting held on 9th March, 2016 decided to continue to hold the ISA Eligibility Test under old Syllabus for two more attempts i.e. May, 2016 and Nov CLICK ON THE LINK.. http://www.casansaar.com/news-ICAI/Announcement-for-conducting-ISA-Eligibility-Assessment-Test-under-both-Old-New-Syllabus-for-two-more-attempts---ICAI/7848.html

for detail visit www.casansaar.com

Startup India: New Policies for Starting up the business in India Posted: 07 Apr 2016 07:45 PM PDT . Startup-Definition Startup means an entity, incorporated or registered in India not prior to five years, with annual turnover not exceeding INR 25 crore in any preceding financial year, working tow CLICK ON THE LINK... http://www.casansaar.com/articles-Finance/Startup-India-New-Policies-for-Starting-up-the-business-in-India/3026.html

for detail visit www.casansaar.com

Deendayal Antyodaya Yojana (DAY)-National Urban Livelihoods Mission Posted: 07 Apr 2016 07:44 PM PDT RBI/2015-16/360 FIDD.GSSD.CO.BC.No.22/09.16.03/2015-16 April 07, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir/Madam, Deendayal Antyodaya Yojana (DAY)-Nati CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Deendayal-Antyodaya-Yojana-DAY-National-Urban-Livelihoods-Mission/3053.html

for detail visit www.casansaar.com

Oversight of Government Business in Agency Banks Posted: 07 Apr 2016 07:43 PM PDT RBI/2015-16/361 DGBA.GAD.No-3147/44.01.001/2015-16 April 07, 2016 The Chairman/ Managing Director/ Chief Executive Officer/ Agency Banks Dear Sir/ Madam Oversight of Government Business  CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Oversight-of-Government-Business-in-Agency-Banks/3054.html

for detail visit www.casansaar.com

Revision of interest rates for Small Savings Schemes Posted: 07 Apr 2016 07:42 PM PDT RBI/2015-16/362 DGBA.GAD.3175/15.02.005/2015-16 April 07, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014,  Sukanya Samridd CLICK ON THE LINK.. http://www.casansaar.com/notification-PAN/Revision-of-interest-rates-for-Small-Savings-Schemes/3055.html

for detail visit www.casansaar.com

Applicability of Concentration of Credit/ Investment Norms Posted: 07 Apr 2016 07:40 PM PDT RBI/2015-16/363 DNBR (PD) CC.No.077/03.10.001/2015-16 April 7, 2016 All Systemically Important Non- Deposit accepting or Holding Non-Banking Financial Companies (NBFC-NDSI) Madam/ Sir, A CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Applicability-of-Concentration-of-Credit-Investment-Norms/3056.html

for detail visit www.casansaar.com

Priority Sector Lending Certificates Posted: 07 Apr 2016 07:39 PM PDT RBI/2015-16/366 FIDD.CO.Plan.BC.23/04.09.01/2015-16 April 7, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (including Regional Rural Banks)/ CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Priority-Sector-Lending-Certificates/3057.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 07 Apr 2016 07:37 PM PDT How to convert capital assets into stock in trade, is there any procedure are merely mentioned in Balance sheet. CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Income-Tax/Convert-capital-assets-into-stock-in-trade./5279.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Empanelment as a Faculty for Workshops on ICDS - ICAI
• No Clean Chit given to Auditors related to Mallya’s case - ICAI President
• Govt to move SC on Service Tax levy on lawyers
• Aadhaar, net banking-based IT e-filing appeal system activated
• RBI declines to share details banks inspection report
• Publication on Central Excise Law and Procedure for Jewellery Industry
• RBI Grants First Payments Bank License To Airtel
• Govt exempts housing finance cos from XBRL filings
• ICSI allows 10 Secretarial Audits for practicing Company Secretaries for F.Y. 2016-17
• CBEC prescribes new procedure to deal with audit objections of Central Excise Revenue Audit

• Test your knowledge & answer the query?

• Test your knowledge & answer the query - Interest Reversal of NPA Account
• Katie Couric tweeted: Tmrw at 11:30AM ET Mayor @BilldeBlasio joins me on @YahooNews to discuss NYC's role in the 2016 presidential race.

Empanelment as a Faculty for Workshops on ICDS - ICAI Posted: 11 Apr 2016 07:08 PM PDT We wish to inform you that Direct Taxes Committee is one of the most important non standing Committee of ICAI. The main function of the Direct Taxes Committee is to examine the direct tax laws, rules, CLICK ON THE LINK... http://www.casansaar.com/empanelment-Empanelment-as-a-Faculty-for-Workshops-on-ICDS---ICAI/1584.html

for detail visit www.casansaar.com

No Clean Chit given to Auditors related to Mallya’s case - ICAI President Posted: 11 Apr 2016 07:07 PM PDT President of the Institute of Chartered Accountants of India (ICAI) M Devraj Reddy today categorically said that so far no ‘clean chit’ has been given to the auditors related to the indust CLICK ON THE LINK.. http://www.casansaar.com/news-Auditing/No-Clean-Chit-given-to-Auditors-related-to-Mallya%E2%80%99s-case---ICAI-president/7858.html

for detail visit www.casansaar.com

Govt to move SC on Service Tax levy on lawyers Posted: 11 Apr 2016 07:06 PM PDT The revenue department has decided to move the Supreme Court for transfer of petitions filed in three High Courts, which had stayed levy of service tax on legal services provided by senior advocates. CLICK ON THE LINK.. http://www.casansaar.com/news-Service-Tax/Govt-to-move-SC-on-Service-Tax-levy-on-lawyers/7857.html

for detail visit www.casansaar.com

Aadhaar, net banking-based IT e-filing appeal system activated Posted: 11 Apr 2016 07:04 PM PDT Income Tax department has activated the Aadhaar and net banking-based e-filing verification system for taxpayers to file the first appeal before a tax officer, on similar lines of online ITR filing. CLICK ON THE LINK.. http://www.casansaar.com/news-Income-Tax/Aadhaar-net-banking-based-IT-e-filing-appeal-system-activated/7854.html

for detail visit www.casansaar.com

RBI declines to share details banks inspection report Posted: 11 Apr 2016 07:04 PM PDT The RBI has declined to share details of banks inspection reports citing a section of the transparency law that exempts public authority from disclosing information that may prejud CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-declines-to-share-details-banks-inspection-report/7855.html

for detail visit www.casansaar.com

Publication on Central Excise Law and Procedure for Jewellery Industry Posted: 11 Apr 2016 07:03 PM PDT The publication “Central Excise Law and Procedure for Jewellery Industry” has been brought out by Indirect Taxes Committee of ICAI to familiarize the members and the industry with the vari CLICK ON THE LINK... http://www.casansaar.com/news-Excise/Publication-on-Central-Excise-Law-and-Procedure-for-Jewellery-Industry---ICAI/7856.html

for detail visit www.casansaar.com

RBI Grants First Payments Bank License To Airtel Posted: 11 Apr 2016 07:01 PM PDT RBI Grants First Payments Bank License To Airtel: Airtel M Commerce Services (AMSL), a subsidiary of Bharti Airtel has been granted the first payments bank license from Reserve Bank of India (RBI) today.On August 19, 2015 Reserve Bank of India CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/ICSI-allows-10-Secretarial-Audits-for-practicing-Company-Secretaries-for-F.Y.-2016-17/3059.html

for detail visit www.casansaar.com

Govt exempts housing finance cos from XBRL filings Posted: 11 Apr 2016 07:00 PM PDT Providing relaxation for housing finance companies, the Corporate Affair Ministry has exempted such entities from filing financial statements in XBRL format.  XBRL, or Extensible Busin CLICK ON THE LINK... http://www.casansaar.com/news-MCA/Govt-exempts-housing-finance-cos-from-XBRL-filings/7852.html

for detail visit www.casansaar.com

ICSI allows 10 Secretarial Audits for practicing Company Secretaries for F.Y. 2016-17 Posted: 11 Apr 2016 06:58 PM PDT SECTION 204 OF THE COMPANIES ACT, 2013 - SECRETARIAL AUDIT FOR BIGGER COMPANIES - FAQs ON LIMITS OF SECRETARIAL AUDIT PRESS RELEASE, DATED 9-4-2016 1. What is the limit for the issue of S:  CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/ICSI-allows-10-Secretarial-Audits-for-practicing-Company-Secretaries-for-F.Y.-2016-17/3059.html

for detail visit www.casansaar.com

CBEC prescribes new procedure to deal with audit objections of Central Excise Revenue Audit Posted: 11 Apr 2016 06:55 PM PDT CBEC prescribes new procedure to deal with audit objections of Central Excise Revenue Audit CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/CBEC-prescribes-new-procedure-to-deal-with-audit-objections-of-Central-Excise-Revenue-Audit/3058.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 11 Apr 2016 06:53 PM PDT Please underdstand my query as per exmpale given:- In Punjab  co abc ltd  make sale with scheme that if customer sale 1000 qty within 3 months than co will give 100 qty as free of cost (you CLICK ON THE LINK... http://www.casansaar.com/forum/message/How-to-deliver-free-of-cost-material-locally-as-a-part-of-scheme-in-Punjab-Vat/1996/26.html

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Test your knowledge & answer the query - Interest Reversal of NPA Account Posted: 11 Apr 2016 07:00 PM PDT XYZ Bank charges interest on its Advances on 30.03.20XX and the account classification is done on 31.03.20XX (i.e Classification of NPA) and if account become NPA (i.e sub-standard on 31.03.20XX).Whet CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/forum/message/Interest-Reversal-of-NPA-Account/1994/2.html

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Katie Couric tweeted: Tmrw at 11:30AM ET Mayor @BilldeBlasio joins me on @YahooNews to discuss NYC's role in the 2016 presidential race. Posted: 11 Apr 2016 02:14 AM PDT   Popular in your network Katie Couric  @katiecouric   Tmrw at 11:30AM ET Mayor @BilldeBlasio joins me on @YahooNews to discuss NYC's role in the 2016 presidential race. yhoo.it/25TIOy1       View on Twitter       Umair Sandhu @sandhumerry   #Azhar will be Sure Shot Blockbuster. Loved this ROCKING Poster. @emraanhashmi @NargisFakhri @ItsPrachiDesai       View on Twitter       Larry King  @kingsthings   A final thought for tonight: Care, but not too much... #ItsMy2Cents       View on Twitter       MTV  @MTV   The #StraightOuttaCompton cast takes a jab at the #Oscars with their #MovieAwards win: on.mtv.com/1SaUHLW pic.twitter.com/7x39Qt8eOp       View on Twitter       Bill Maher  @billmaher   Wyoming makes 9 outta 10 for Bernie. Hillary says if only he'd stop winning elections, people wld see how unelectable he is!       View on Twitter       Kannan @TFU_Kannan   #ThalliPogathey single crossed 10 Million views. Congrats to team #AYM! YouTube       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• HC upholds stricter tax rule on inflow from abroad
• Supreme Court seeks total NPAs, RBI says No
• Simplification of procedure to deal with audit objections raised in in indirect taxes
• Gurgaon is now to be known as Gurugram
• Due date for filing revised return of assets and liabilities by public servants extended to 31/07/2016

• Test your knowledge & answer the query?

HC upholds stricter tax rule on inflow from abroad Posted: 12 Apr 2016 07:44 PM PDT The high court here has agreed with the Indian government’s 2013 plan to tax investments from Cyprus, which was used by several foreign investors to avoid taxes in India. The order wou CLICK ON THE LINK.. http://www.casansaar.com/news-Income-Tax/HC-upholds-stricter-tax-rule-on-inflow-from-abroad/7863.html

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Supreme Court seeks total NPAs, RBI says No Posted: 12 Apr 2016 07:44 PM PDT Even as the Supreme Court on Tuesday decided to examine whether the Reserve Bank of India can disclose names of big defaulters in view of its confidentiality claims, the banking regulator said any rev CLICK ON THE LINK... http://www.casansaar.com/news-NPA/Supreme-Court-seeks-total-NPAs-RBI-says-No/7862.html

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Simplification of procedure to deal with audit objections raised in in indirect taxes Posted: 12 Apr 2016 07:42 PM PDT Central Board of Excise and Customs (CBEC) has issued a circular to simplify the procedure of dealing with audit objections raised in indirect taxes by the office of CAG. The Circular rescinds all the CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/Simplification-of-procedure-to-deal-with-audit-objections-raised-in-indirect-taxes-by-the-office-of-by-CAG/7860.html

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Gurgaon is now to be known as Gurugram Posted: 12 Apr 2016 07:41 PM PDT Gurgaon, the corporate hub of Haryana on the outskirts of Delhi, will now be known as 'Gurugram'. The decision was taken by the BJP government claiming that people of the area have been mak CLICK ON THE LINK... http://www.casansaar.com/news-General/Gurgaon-is-now-to-be-known-as-Gurugram/7859.html

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Due date for filing revised return of assets and liabilities by public servants extended to 31/07/2016 Posted: 12 Apr 2016 07:38 PM PDT PUBLIC SERVANTS (FURNISHING OF INFORMATION AND ANNUAL RETURN OF ASSETS AND LIABILITIES AND THE LIMITS FOR EXEMPTION OF ASSETS IN FILING RETURNS) AMENDMENT RULES, 2016 - AMENDMENT IN RULE 3 NOTIFI CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Due-date-for-filing-revised-return-of-assets-and-liabilities-by-public-servants-extended-to-31072016/3060.html

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Test your knowledge & answer the query?

Posted: 12 Apr 2016 07:37 PM PDT My client is a non resident till the prevous year ending 31.03.2016. He left India on 31.10.1993 for employement and retired on 31.12.2015 and returned to India on 6.2.2016 for permanent settlement. H CLICK ON THE LINK TO ANSWER.. http://www.casansaar.com/forum/message/Taxation-of-Not-ordinary-Resident/1995/21.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

Members / Firms to furnish PAN details to ICAI Posted: 13 Apr 2016 08:12 PM PDT For ICAI MEMBERS Update your PAN with ICAI. Otherwise unable to upload TAR & MCA forms online. ICAI had already requested the Members / Firms to submit the PAN details to theri concerned Regional office on or before 15th December, 2015, If you have not submitted the PAN Details then not able to upload TAR & MCA Forms Online. #casansaar CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Members-Firms-to-furnish-PAN-details-to-ICAI/7864.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• RBI for proper monitoring of foreign direct investment
• Audit Report of IRCON flags concerns over Rs 422 cr payment to foreign AGENTS
• Interest rates for NSSF loan to Centre, states cut to 8.8%
• Interest rates for NSSF loan to Centre, states cut to 8.8%
• Scheme for providing Financial Assistance to Urban Cooperative Banks for Implementation of Core Banking Solution
• Security / Inspection needs and Movement of Treasure
• Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director
• Overseas Direct Investment - Submission of Annual Performance Report
• Relaxation of additional fees and extension of last date of filing of various e-Forms under the Companies Act
• Clarification on issues regarding levy of Service Tax on the services provided by Government or a local authority to business entities -

• Members / Firms to furnish PAN details to ICAI

RBI for proper monitoring of foreign direct investment Posted: 14 Apr 2016 07:30 PM PDT The Reserve Bank of India (RBI) has revamped its overseas direct investment application process to provide banks fast and easy accessibility to data for reference purposes and to i CLICK ON THE LINK.. http://www.casansaar.com/news-RBI/RBI-for-proper-monitoring-of-foreign-direct-investment/7867.html

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Audit Report of IRCON flags concerns over Rs 422 cr payment to foreign AGENTS Posted: 14 Apr 2016 07:19 PM PDT An independent audit report has flagged some serious concerns over payment of Rs 422.43 crore to foreign agents by railway PSU IRCON International in respect of projects in two countries. St CLICK ON THE LINK.. http://www.casansaar.com/news-Auditing/Audit-Report-of-IRCON-flags-concerns-over-Rs-422-cr-payment-to-foreign-agents/7866.html

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Interest rates for NSSF loan to Centre, states cut to 8.8% Posted: 14 Apr 2016 07:19 PM PDT The National Small Savings Fund (NSSF) loan rate to the Centre as well as states has been lowered to 8.8 percent from 9.5 percent following a recent cut in small savings interest rates, an official st CLICK ON THE LINK... http://www.casansaar.com/news-General/Interest-rates-for-NSSF-loan-to-Centre-states-cut-to-8.8/7865.html

for detail visit www.casansaar.com

Interest rates for NSSF loan to Centre, states cut to 8.8% Posted: 14 Apr 2016 07:19 PM PDT The National Small Savings Fund (NSSF) loan rate to the Centre as well as states has been lowered to 8.8 percent from 9.5 percent following a recent cut in small savings interest rates, an official st CLICK ON THE LINK... http://www.casansaar.com/news-General/Interest-rates-for-NSSF-loan-to-Centre-states-cut-to-8.8/7865.html

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Scheme for providing Financial Assistance to Urban Cooperative Banks for Implementation of Core Banking Solution Posted: 14 Apr 2016 07:16 PM PDT Chief Executive OfficersPrimary (Urban) Cooperative Banks Dear Sir/Madam Scheme for providing Financial Assistance to Urban Cooperative Banks for Implementation of Core Banking Solution As announce CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Scheme-for-providing-Financial-Assistance-to-Urban-Cooperative-Banks-for-Implementation-of-Core-Banking-Solution/3061.html

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Security / Inspection needs and Movement of Treasure Posted: 14 Apr 2016 07:16 PM PDT The Chairman & Managing DirectorChief Executive Officer / Managing DirectorAll Banks having Currency Chests Madam / Dear Sir, Security / Inspection needs and Movement of Treasure Please refer t CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Security-Inspection-needs-and-Movement-of-Treasure/3062.html

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Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director Posted: 14 Apr 2016 07:15 PM PDT To All Authorised Dealer Banks Madam / Sir, Acceptance of deposits by Indian companies from a person resident outside India for nomination as Director Attention of Authorised Dealers Banks CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Acceptance-of-deposits-by-Indian-companies-from-a-person-resident-outside-India-for-nomination-as-Director/3064.html

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Overseas Direct Investment - Submission of Annual Performance Report Posted: 14 Apr 2016 07:13 PM PDT To All Category - I Authorised Dealer Banks Madam/Sir, Overseas Direct Investment - Submission of Annual Performance Report Attention of the Authorised Dealer (AD - Category I) banks is invited to CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Overseas-Direct-Investment---Submission-of-Annual-Performance-Report/3065.html

for detail visit www.casansaar.com

Relaxation of additional fees and extension of last date of filing of various e-Forms under the Companies Act Posted: 14 Apr 2016 07:12 PM PDT Relaxation of additional fees and extension of last date of filing of various e-Forms under the Companies Act. General Circular 03/2016 Dated 12-04-2016 CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/Relaxation-of-additional-fees-and-extension-of-last-date-of-filing-of-various-e-Forms-under-the-Companies-Act/3066.html

for detail visit www.casansaar.com

Clarification on issues regarding levy of Service Tax on the services provided by Government or a local authority to business entities - Posted: 14 Apr 2016 07:11 PM PDT Clarification on issues regarding levy of Service Tax on the services provided by Government or a local authority to business entities - CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Clarification-on-issues-regarding-levy-of-Service-Tax-on-the-services-provided-by-Government-or-a-local-authority-to-business-entities--/3067.html

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Members / Firms to furnish PAN details to ICAI Posted: 14 Apr 2016 07:10 PM PDT For ICAI MEMBERS  Update your PAN details with ICAI. Otherwise unable to upload TAR & MCA forms online. ICAI had already requested the Members / Firms to submit the PAN details to t CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Members-Firms-to-furnish-PAN-details-to-ICAI/7864.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• PNB invites Applications for empanelment of Forensic Auditors
• Delhi Govt invites Application for Empanelment of CA Firm
• Madras HC upholds Constitutionality of Section 94-A of the Income Tax
• SEBI to tighten disclosure norms for rating agencies
• CBDT issues draft rules on foreign tax credit
• NPA effect: Norms for Chartered Accountants, advocates soon
• Accountants as Surveyors & Loss Assessors
• CBDT released Draft Rules for Grant of Foreign Tax Credit
• RBI Circular - Provisioning pertaining to Fraud Accounts
• Accounting of Buying Property with TDS applicable u/s194IA.
• Umair Sandhu tweeted: Stylish Superstar @alluarjun #AlluArjun Fans Follow me & like my Page on FB for Exclusive #Sarrainodu Review will be Uploaded on Wed !

PNB invites Applications for empanelment of Forensic Auditors Posted: 18 Apr 2016 07:11 PM PDT PUNJAB NATIONAL BANK invites applications for empanelment of Forensic Auditors for the period 2016-2017. Criteria of qualifications, experience, scope of work, application forms, undertakings, address CLICK ON THE LINK... http://www.casansaar.com/empanelment-PNB-invites-Applications-for-empanelment-of-Forensic-Auditors/1585.html

for detail visit www.casansaar.com

Delhi Govt invites Application for Empanelment of CA Firm Posted: 18 Apr 2016 07:10 PM PDT Directorate of Education, Government of Delhi invites application from CAG empanelled CA firms based in Delhi for special inspection and verification of private schools. #casansaar Last date& CLICK ON THE LINK... http://www.casansaar.com/empanelment-Delhi-Govt-invites-Application-for-Empanelment-of-CA-Firm/1586.html

for detail visit www.casansaar.com

Madras HC upholds Constitutionality of Section 94-A of the Income Tax Posted: 18 Apr 2016 07:08 PM PDT Madras High Court has upheld the constitutionality of Section 94-A (1) of the Income Tax Act holding that it ‘was the need of the hour’. The Division Bench comprising of Justices V. Ram CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Madras-HC-upholds-Constitutionality-of-Section-94-A-of-the-Income-Tax-Act/7870.html

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SEBI to tighten disclosure norms for rating agencies Posted: 18 Apr 2016 07:08 PM PDT Concerned over severe spill-over impact of recent drastic downgrades by rating agencies, market regulator Sebi plans to strengthen its disclosure guidelines for issuance and review of the ra CLICK ON THE LINK.. http://www.casansaar.com/news-SEBI/SEBI-to-tighten-disclosure-norms-for-rating-agencies/7868.html

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CBDT issues draft rules on foreign tax credit Posted: 18 Apr 2016 07:07 PM PDT The rules, once finalised will allow for tax credit with all countries with which India has a double tax avoidance agreement as well as tax paid by Indian residents in other specified countries. CLICK ON THE LINK.. http://www.casansaar.com/news-CBDT/CBDT-issues-draft-rules-on-foreign-tax-credit/7869.html

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NPA effect: Norms for Chartered Accountants, advocates soon Posted: 18 Apr 2016 07:06 PM PDT Public sector banks, saddled with a pile of non performing assets—loans that do not fetch returns—could soon frame stringent rules allowing them to take action against service providers su CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/NPA-effect-Norms-for-Chartered-Accountants-advocates-soon/7871.html

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Accountants as Surveyors & Loss Assessors Posted: 18 Apr 2016 07:05 PM PDT CMA Shiba Prasad Padhi, AIIISLA, FIII, FCMA Practicing Cost Accountant and Licensed SLA Declaration: The Article written is original and in individual capacity. Source of Data: IRDA Website CLICK ON THE LINK... http://www.casansaar.com/articles-General/Accountants-as-Surveyors-Loss-Assessors/3107.html

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CBDT released Draft Rules for Grant of Foreign Tax Credit Posted: 18 Apr 2016 07:04 PM PDT Clause (ha) of sub-section (2) of section 295 of the Income-tax Act, 1961 (the Act) provides that the Central Board of Direct Taxes (CBDT) may prescribe rules specifying the procedure for the granting CLICK ON THE LINK.. http://www.casansaar.com/notification-CBDT/CBDT-released-Draft-Rules-for-Grant-of-Foreign-Tax-Credit/3068.html

for detail visit www.casansaar.com

RBI Circular - Provisioning pertaining to Fraud Accounts Posted: 18 Apr 2016 07:03 PM PDT RBI/2015-16/376 DBR.No.BP.BC.92/21.04.048/2015-16 April 18, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Provisioning pertaining to Fraud Accounts Pl CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/RBI-Circular---Provisioning-pertaining-to-Fraud-Accounts/3069.html

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Accounting of Buying Property with TDS applicable u/s194IA. Posted: 18 Apr 2016 07:02 PM PDT we having partnership Firm, sign MOU of Non­Agriculture Land of Rs 2,00,00,000/­ on 19th August,2015. And Paid Amount of Rs 1,80,00,000/­ as advance on 19th August,2015 and remaining will be paid  CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Accounts/Accounting-of-Buying-Property-with-TDS-applicable-us194IA./5285.html

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Umair Sandhu tweeted: Stylish Superstar @alluarjun #AlluArjun Fans Follow me & like my Page on FB for Exclusive #Sarrainodu Review will be Uploaded on Wed ! Posted: 18 Apr 2016 02:53 AM PDT   Popular in your network Umair Sandhu @sandhumerry   Stylish Superstar @alluarjun #AlluArjun Fans Follow me & like my Page on FB for Exclusive #Sarrainodu Review will be Uploaded on Wed !       View on Twitter       Bill Maher  @billmaher   Now that it's Apr.15th all U.S. taxpayers must call out all the deadbeats who ride for free: WhoSay       View on Twitter       Larry King  @kingsthings   Next Sunday night's it's my two cents will come to you from New York City, the place of my birth. #itsmy2cents       View on Twitter       Kannan @TFU_Kannan   #Joker Audio in @RSeanRoldan's music releasing on Apr 20th! pic.twitter.com/QGDIgQj9PY       View on Twitter       Katie Couric  @katiecouric   ICYMI: There's been a lot of talk about North Carolina's HB2 law. But what exactly is it? yahoo.com/katiecouric/th…       View on Twitter       MTV  @MTV   The #TVLandIcon Awards start right NOW! 💞 @tvland       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Empanelment of Concurrent Auditors for Indian Bank
• Check Provisional Empanelment Status with CAG
• HC upholds income tax provision on perquisites

• Test your knowledge & answer the query?

Empanelment of Concurrent Auditors for Indian Bank Posted: 19 Apr 2016 10:26 PM PDT Indian bank is in the process of making a “Fresh Panel” for concurrent auditors. Applications are invited from eligible Audit Firms for empanelment as Concurrent Auditors as below: Basic c CLICK ON THE LINK.. http://www.casansaar.com/empanelment-Empanelment-of-Concurrent-Auditors-for-Indian-Bank/1587.html

for detail visit www.casansaar.com

Check Provisional Empanelment Status with CAG Posted: 19 Apr 2016 10:25 PM PDT Provision Emanelment status of Firms of Chartered Accountants will be available with CAG website during 25/04/2016 to 04/05/2016. Please click on the below link to check the status. http://ca CLICK ON THE LINK... http://www.casansaar.com/empanelment-Check-Provisional-Empanelment-Status-with-CAG/1588.html

for detail visit www.casansaar.com

HC upholds income tax provision on perquisites Posted: 19 Apr 2016 10:03 PM PDT The Madras High Court has dismissed a writ petition challenging the Constitutional validity of Section 17(2)(viii) of the Income Tax Act, 1961 which empowers the executive authorities to prescribe the CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/HC-upholds-income-tax-provision-on-perquisites/7872.html

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Test your knowledge & answer the query? Posted: 19 Apr 2016 10:01 PM PDT A PRIVATE TRUST ONLY INTEREST INCOME RS 125500 ONLY ITR 5 FILLED BY US NO TAX AT THE TIME OF RETURN FILLING BUT IT DEPT. SEND INTIMATION ININTIMATION TAX ON INCOME @ 30 % (MMR) SO WHAT WE DO ?? AND SA CLICK ON THE LINK.. http://www.casansaar.com/queries-Income-Tax/PRIVATE-TRUST-WHICH-ITR-APPLICABLE/5287.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Delhi Govt Extended the Last Date for Empanelment of CA Firms
• Beware! your income tax notice could be fake
• RBI issues master direction on merger of pvt sector banks
• SEBI working with RBI for common KYC
• Foreign Investment in units issued by Real Estate Investment Trusts, Infrastructure Investment Trusts and Alternative Investment Funds governed by SEBI regulations
• Publicity in the bank branches cautioning public against placing deposits in dubious schemes
• Guidelines on Investment Advisory Services offered by Banks
• Unsecured Exposure Norms for UCBs – Relaxation
• Infrastructure Debt Funds (IDFs)
• TDS on Purchase of Property

Delhi Govt Extended the Last Date for Empanelment of CA Firms Posted: 21 Apr 2016 08:22 PM PDT Directorate of Education, Government of Delhi invites application from CAG empanelled CA firms based in Delhi for special inspection and verification of private schools. #casansaar  La CLICK ON THE LINK. http://www.casansaar.com/empanelment-Delhi-Govt-Extended-the-Last-Date-for-Empanelment-of-CA-Firms/1591.html

for detail visit www.casansaar.com

Beware! your income tax notice could be fake Posted: 21 Apr 2016 08:21 PM PDT Cyber crime has assumed a new avatar, with the first case of phishing in the name of refunding tax dues being registered in the city. A senior analyst at Dell, Rajat Mondal, was in for a surprise w CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Beware-your-income-tax-notice-could-be-fake/7875.html

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RBI issues master direction on merger of pvt sector banks Posted: 21 Apr 2016 08:11 PM PDT The Reserve Bank of India (RBI) today came out with master direction for merger of private sector banks and also between NBFCs and banks. In another master direction, a compilation which consolid CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-issues-master-direction-on-merger-of-pvt-sector-banks/7874.html

for detail visit www.casansaar.com

SEBI working with RBI for common KYC Posted: 21 Apr 2016 08:10 PM PDT In an effort to ease retail participation in the securities market, regulator SEBI will pitch for a common KYC (Know Your Customer) norm for banking and the capital markets. With this, your bank KYC s CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/SEBI-working-with-RBI-for-common-KYC/7873.html

for detail visit www.casansaar.com

Foreign Investment in units issued by Real Estate Investment Trusts, Infrastructure Investment Trusts and Alternative Investment Funds governed by SEBI regulations Posted: 21 Apr 2016 08:09 PM PDT RBI/2015-16/377 A.P. (DIR Series) Circular No. 63 April 21, 2016 To All Category – I Authorised Dealer Banks Madam/ Sir, Foreign Investment in units issued by Real Estate Investm CLICK ON THE LINK.. http://www.casansaar.com/notification-FEMA/Foreign-Investment-in-units-issued-by-Real-Estate-Investment-Trusts-Infrastructure-Investment-Trusts-and-Alternative-Investment-Funds-governed-by-SEBI-regulations/3070.html

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Publicity in the bank branches cautioning public against placing deposits in dubious schemes Posted: 21 Apr 2016 08:09 PM PDT RBI/2015-16/378 DBR.No.Leg.BC.93/09.07.005/2015-16 April 21, 2016 The Chairman/Chief Executives of All Scheduled Commercial Banks including Regional Rural Banks/ CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Publicity-in-the-bank-branches-cautioning-public-against-placing-deposits-in-dubious-schemes/3071.html

for detail visit www.casansaar.com

Guidelines on Investment Advisory Services offered by Banks Posted: 21 Apr 2016 08:08 PM PDT RBI/2015-16/379 DBR.No.FSD.BC.94/24.01.026/2015-16 April 21, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/Madam, Guidelines on Investment Advisory Services offered by Ba CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Guidelines-on-Investment-Advisory-Services-offered-by-Banks/3072.html

for detail visit www.casansaar.com

Unsecured Exposure Norms for UCBs – Relaxation Posted: 21 Apr 2016 08:07 PM PDT RBI/2015-16/380 DCBR.CO.BPD. (PCB). No.15/13.05.000/2015-16 Vaishakha 01, 1938 April 21, 2016 The Chief Executive Officers All Primary (Urban) Co-operative Banks Dear Sir/Madam, Unsecur CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Unsecured-Exposure-Norms-for-UCBs-%E2%80%93-Relaxation/3073.html

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Infrastructure Debt Funds (IDFs) Posted: 21 Apr 2016 08:06 PM PDT RBI/2015-16/381 DNBR(PD).CC.No. 079/03.10.001/2015-16 April 21, 2016 All Infrastructure Debt Fund- Non-Banking Financial Companies (IDF-NBFCs) Madam/ Sir, Infrastructure Debt Funds (IDFs) CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Infrastructure-Debt-Funds-IDFs/3074.html

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TDS on Purchase of Property Posted: 21 Apr 2016 08:05 PM PDT In respect of TDS u/s 194 IA , kindly clarify the following: 1.When is the tax to be deducted in case where on if the agreement is made (whether or not registered) and payment is made for next many CLICK ON THE LINK.. http://www.casansaar.com/queries-Income-Tax/TDS-on-Purchase-of-Property/5290.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Check Provisional Empanelment Status with CAG

• Govt plans to cut scrutiny time of income tax returns to 1 year
• Guidance Note on the Companies (Auditor's Report) Order, 2016 - ICAI
• Bank of Baroda norms for selecting Auditing firms challenged
• Invitation to Associate in Development of the Study/Background Materia
• Rule 6(3): Cenvat Credit Rules
• Time limit for registration of Excise by Jewellers extended to 01/07/2016
• Master Data Correction on MCA

• Test your knowledge & answer the query?

Check Provisional Empanelment Status with CAG Posted: 24 Apr 2016 10:09 PM PDT Provision Emanelment status of Firms of Chartered Accountants will be available with CAG website during 25/04/2016 to 04/05/2016. Please click on the below link to check the status. http://ca CLICK ON THE LINK... http://www.casansaar.com/empanelment-Check-Provisional-Empanelment-Status-with-CAG/1588.html

for detail visit www.casansaar.com

Govt plans to cut scrutiny time of income tax returns to 1 year Posted: 24 Apr 2016 10:08 PM PDT In an effort to make life simpler for income tax payers, the government is looking to reduce the time under which an assessment of an individual's tax returns picked up for random scrutiny is comp CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Govt-plans-to-cut-scrutiny-time-of-income-tax-returns-to-1-year/7879.html

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Guidance Note on the Companies (Auditor's Report) Order, 2016 - ICAI Posted: 24 Apr 2016 10:07 PM PDT Guidance Note on the Companies (Auditor's Report) Order, 2016 issued by Auditing and Assurance Standards Board - ICAI. The Ministry of Corporate Affairs has issued the Companies (Auditor’ CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Guidance-Note-on-the-Companies-Auditors-Report-Order-2016---ICAI/7878.html

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Bank of Baroda norms for selecting Auditing firms challenged Posted: 24 Apr 2016 10:06 PM PDT Assailing the decision of the Bank of Baroda, which has fixed Rs. 150-crore turnover as the minimum eligibility for auditing firms to participate in the tender for its assignments, a Chartered Account CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/Bank-of-Baroda-norms-for-selecting-Auditing-firms-challenged/7877.html

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Invitation to Associate in Development of the Study/Background Materia Posted: 24 Apr 2016 10:05 PM PDT The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Indian Parliament namely, Chartered Accountants Act, 1949 for regulating the profession of Chartered CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Invitation-to-Associate-in-Development-of-the-StudyBackground-Material---ICAI/7876.html

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Rule 6(3): Cenvat Credit Rules Posted: 24 Apr 2016 10:04 PM PDT CENVAT CREDIT AVAILABLE VS CENVAT CREDIT TAKEN ALARMING AMENDMENT IN RULE 6(3) OF CENVAT CREDIT RULES (a) A manufacturer who manufactures two classes of goods namely:- Non exempt CLICK ON THE LINK.. http://www.casansaar.com/articles-Service-Tax/Rule-63-Cenvat-Credit-Rules/3113.html

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Time limit for registration of Excise by Jewellers extended to 01/07/2016 Posted: 24 Apr 2016 10:01 PM PDT IMPOSITION OF CENTRAL EXCISE DUTY ON JEWELLERY - CONSTITUTION OF SUB-COMMITTEE OF HIGH LEVEL COMMITTEE TO INTERACT WITH TRADE AND INDUSTRY THEREON - EXTENSION OF TIME LIMIT FOR TAKING CENTRAL EXCISE R CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/Time-limit-for-registration-of-Excise-by-Jewellers-extended-to-01072016/3075.html

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Master Data Correction on MCA Posted: 24 Apr 2016 10:00 PM PDT A Company while increasing its Authorised Share Capital from Rs. 1 Cr to Rs. 8 Cr has wrongly mentioned Paid Up Capital also as Rs. 8 Cr and MCA also approved the Form SH-7 and Master Data of the Comp CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Master-Data-Correction-on-MCA/5292.html

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Test your knowledge & answer the query? Posted: 24 Apr 2016 09:58 PM PDT one of my client is NRI and wants a surplus fund lying in India after deduting tds. Now he wants to remit this so is it possible wihtout DSC we can generate and submit 15CA to bank CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/15CA-and-CB/5294.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Due date for filing Service Tax Return (Oct 15 - March 16) extended Posted: 25 Apr 2016 08:27 AM PDT Tweet of Finance Ministry Govt extends the date of filing ST-3 returns to 29th April from 25th due to difficulties faced by taxpayers in ACES application. #casansaar CLICK ON THE LINK FOR NOTIFICATION... http://www.casansaar.com/news-Service-Tax/Due-date-for-filing-Service-Tax-Return-Oct-15---March-16-extended/7881.html

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Katie Couric tweeted: No need to have Sundays get u down. Watching @SiliconHBO and @VeepHBO #sofunny Posted: 25 Apr 2016 02:16 AM PDT   Popular in your network Katie Couric  @katiecouric   No need to have Sundays get u down. Watching @SiliconHBO and @VeepHBO #sofunny       View on Twitter       MTV  @MTV   Did you know there was a failed #SuiteLifeOfZackAndCody spin-off starring Selena Gomez? on.mtv.com/22R0syd       View on Twitter       Umair Sandhu @sandhumerry   First Copy of Superstar @Suriya_offl #24TheMovie is OUT. It got Smashing Blockbuster Response from Distributors & Exhibitors. He is Back!       View on Twitter       Kannan @TFU_Kannan   #ChiyaanVikram's #SpiritOfChennai official video releasing today evening at 7 pm via @SonyMusicSouth channel.       View on Twitter       Bill Maher  @billmaher   So...slave #HarrietTubman on the front, slaveowner Andrew Jackson on the back? It's like Hitler and Anne Frank sharing the nickel.       View on Twitter       Gauthamvasudevmenon  @menongautham   Our first effort at a series on the web. A conversation with Dhanush. More to come #uraiyaadal&stuff YouTube       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Income tax department to pay interest on TDS refund
• MCA filed prosecution against 107 listed companies
• SC asks FinMin to explain NPAs recovery mechanism
• MCA might deduct payments to Infosys for poor management of MCA21 portal
• Applicability of Accounting Standards amended by MCA vide Notification
• Income tax dept to consider information on non-filers from 3rd party sources
• RBI to ease registration process for NBFCs
• FinMin raises monetary limit for appeals in tax cases
• SME....!!! A New Opportunity for Private Company..!
• ITR E-Filing Vault –Higher Security

• Test your knowledge & answer the query?

Income tax department to pay interest on TDS refund Posted: 26 Apr 2016 09:20 PM PDT The income tax department will now add interest amount to a delayed refund made on excess TDS deductions and will also not litigate with the deductor on this issue in the future, a CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-tax-department-to-pay-interest-on-TDS-refund/7891.html

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MCA filed prosecution against 107 listed companies Posted: 26 Apr 2016 08:59 PM PDT The Ministry of Corporate Affairs has filed prosecution against 107 listed companies under various sections of the Companies Act. The prosecution has been filed under the Companies Act 19 CLICK ON THE LINK... http://www.casansaar.com/news-MCA/MCA-filed-prosecution-against-107-listed-companies/7889.html

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SC asks FinMin to explain NPAs recovery mechanism Posted: 26 Apr 2016 08:58 PM PDT Supreme Court has asked Union Finance Ministry to inform it about the mechanism in place for recovery of huge Non-Performing Assets (NPAs). The apex court asked the ministry to inform as to what safeg CLICK ON THE LINK... http://www.casansaar.com/news-NPA/SC-asks-FinMin-to-explain-NPAs-recovery-mechanism/7888.html

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MCA might deduct payments to Infosys for poor management of MCA21 portal Posted: 26 Apr 2016 08:57 PM PDT With problems continuing in using the MCA21 portal, the Corporate Affairs Ministry might deduct payments to IT major Infosys, which expects the situation to be normal in the next few weeks. Infos CLICK ON THE LINK.. http://www.casansaar.com/news-MCA/MCA-might-deduct-payments-to-Infosys-for-poor-management-of-MCA21-portal/7887.html

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Applicability of Accounting Standards amended by MCA vide Notification Posted: 26 Apr 2016 08:56 PM PDT 1.   The Ministry of Corporate Affairs, Government of India, vide Notification No. G.S.R. 739(E), dated 7th December, 2006, notified Companies (Accounting Standards) Rules 2006, in the  CLICK ON THE LINK... http://www.casansaar.com/news-Accounts/Applicability-of-Accounting-Standards-amended-by-MCA-vide-Notification-dated-March-30-2016/7885.html

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Income tax dept to consider information on non-filers from 3rd party sources Posted: 26 Apr 2016 08:55 PM PDT Income Tax department will consider information received from third party sources like banks, law enforcement agencies and foreign tax authorities for determining non-filers of income tax. The Ce CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-tax-dept-to-consider-information-on-non-filers-from-3rd-party-sources-like-banks/7886.html

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RBI to ease registration process for NBFCs Posted: 26 Apr 2016 08:55 PM PDT Reserve Bank of India (RBI) will simplify the registration process for non-banking finance companies (NBFCs), Deputy Governor R. Gandhi said. “The new application forms will be simpler and  CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-to-ease-registration-process-for-NBFCs/7883.html

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FinMin raises monetary limit for appeals in tax cases Posted: 26 Apr 2016 08:52 PM PDT To reduce litigation, the Finance Ministry today raised the monetary limit for filing appeals in indirect tax cases to Rs 10 lakh in appellate tribunal, and Rs 15 lakh in High Courts. The ministry  CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/FinMin-raises-monetary-limit-for-appeals-in-tax-cases/7882.html

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SME....!!! A New Opportunity for Private Company..! Posted: 26 Apr 2016 08:52 PM PDT In the Present era, the market is booming up so every Company want to take opportunity to earn more from the same market and want to get maximum benefits out of that, so what are the ways available fo CLICK ON THE LINK... http://www.casansaar.com/articles-Income-Tax/SME-A-New-Opportunity-for-Private-Company/3120.html

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ITR E-Filing Vault –Higher Security Posted: 26 Apr 2016 08:48 PM PDT ITR E-Filing Vault –Higher Security CLICK ON THE LINK... http://www.casansaar.com/files-ITR-ITR-E-Filing-Vault-%E2%80%93Higher-Security/5837.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 26 Apr 2016 08:46 PM PDT Can we appoint statutory auditor as a liquidator at same time. Can one person hold two position simultaneously. CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/WINDING-UP-OF-Compnay/5295.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• No income tax penalty if you have concealed your income by mistake
• CBDT publishes direct taxes related data for first time
• Risk Weight in respect of investments in Corporate Bonds by Standalone Primary Dealers (SPDs)
• F-TRAC – Counterparty Confirmation
• Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-Resident Exchange Houses
• Import of Goods: Import Data Processing and Monitoring System (IDPMS)
• Foreign Exchange Management (Remittance of Assets) Regulations, 2016
• Compliance with Jilani Committee Recommendations
• Calculation of limit of 10 lakhs in case of small service provider

No income tax penalty if you have concealed your income by mistake Posted: 28 Apr 2016 07:40 PM PDT In a recent order, Income-Tax Appellate Tribunal’s (ITAT) Mumbai bench dismissed the penalty, income tax officials had levied on salaried employees for ‘concealment of income’, repor CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/No-income-tax-penalty-if-you-have-concealed-your-income-by-mistake/7893.html

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CBDT publishes direct taxes related data for first time Posted: 28 Apr 2016 07:39 PM PDT In a first, CBDT has made public a host of hard data on the total number of taxpayers in the country, income disclosed in income tax returns by various category of taxpayers and number of PAN holders  CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-publishes-direct-taxes-related-data-for-first-time/7894.html

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Risk Weight in respect of investments in Corporate Bonds by Standalone Primary Dealers (SPDs) Posted: 28 Apr 2016 07:38 PM PDT RBI/2015-16/388 DNBR.CO.PD.No.080/03.10.01/2015-16 April 28, 2016 All Standalone Primary Dealers Madam/ Sir, Risk Weight in respect of investments in Corporate Bonds by Standalone Primar CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Risk-Weight-in-respect-of-investments-in-Corporate-Bonds-by-Standalone-Primary-Dealers-SPDs/3077.html

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F-TRAC – Counterparty Confirmation Posted: 28 Apr 2016 07:37 PM PDT RBI/2015-16/387 FMRD.FMID.8/14.01.02/2015-16 April 28, 2016 All RBI regulated entities Madam/Sir, F-TRAC – Counterparty Confirmation A reference is invited to RBI circular F CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/F-TRAC-%E2%80%93-Counterparty-Confirmation/3078.html

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Opening and Maintenance of Rupee / Foreign Currency Vostro Accounts of Non-Resident Exchange Houses Posted: 28 Apr 2016 07:36 PM PDT RBI/2015-16/386 A.P. (DIR Series) Circular No.66 April 28, 2016 To, All Authorised Dealer Category-I Banks Madam / Sir, Opening and Maintenance of Rupee / Foreign Currency Vostro Accou CLICK ON THE LINK.. http://www.casansaar.com/notification-FEMA/Opening-and-Maintenance-of-Rupee-Foreign-Currency-Vostro-Accounts-of-Non-Resident-Exchange-Houses/3079.html

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Import of Goods: Import Data Processing and Monitoring System (IDPMS) Posted: 28 Apr 2016 07:36 PM PDT RBI/2015-16/385 A.P. (DIR Series) Circular No.65 April 28, 2016 To All Category-I Authorised Dealer Banks Madam / Sir, Import of Goods: Import Data Processing and Monitoring System (ID CLICK ON THE LINK.. http://www.casansaar.com/notification-FEMA/Import-of-Goods-Import-Data-Processing-and-Monitoring-System-IDPMS/3080.html

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Foreign Exchange Management (Remittance of Assets) Regulations, 2016 Posted: 28 Apr 2016 07:35 PM PDT RBI/2015-16/384 A.P. (DIR Series) Circular No. 64/2015-16 [(1)/13(R)] April 28, 2016 To All Category - I Authorised Dealer and Authorised Banks Madam/ Sir Foreign Exchange Management ( CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Foreign-Exchange-Management-Remittance-of-Assets-Regulations-2016/3081.html

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Compliance with Jilani Committee Recommendations Posted: 28 Apr 2016 07:32 PM PDT RBI/2015-16/383 Ref.DBS.CO.PPD.BC.No.10/11.01.005/2015-16 April 28, 2016 The Chairman/Chief Executive All Scheduled Commercial Banks (Excluding RRBs) Madam/Dea CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Compliance-with-Jilani-Committee-Recommendations/3082.html

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Calculation of limit of 10 lakhs in case of small service provider Posted: 28 Apr 2016 07:31 PM PDT In case of abatement whether to take full value or abated value for calculating the limit of 10 Lakhs? CLICK ON THE LINK... http://www.casansaar.com/queries-Service-Tax/Calculation-of-limit-of-10-lakhs-in-case-of-small-service-provider/5296.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Dena Bank invites Applications for selection of CA Firms as Concurrent Auditos
• MCA acts against 169 Cos for not having women directors
• Government to conduct special audit of telcos like Airtel, Vodafone and Idea
• Guidelines for Grant of Rewards to Informers of Tax Evasion
• Merger of National Stock Exchange Limited (NSEL) and Financial Technol
• Govt rolls back decision to lower EPF rate; fixes it at 8.8%
• Process for Incorporation of LLP

• Test your knowledge & answer the query?

Dena Bank invites Applications for selection of CA Firms as Concurrent Auditos Posted: 29 Apr 2016 09:01 PM PDT Dena Bank invites Applications for selection of CA Firms as Concurrent Auditors for the period July 2016 to June 2017. Members should submit their applications online on Bank website as per the for CLICK ON THE LINK.. http://www.casansaar.com/empanelment-Dena-Bank-invites-Applications-for-selection-of-CA-Firms-as-Concurrent-Auditors/1595.html

for detail visit www.casansaar.com

MCA acts against 169 Cos for not having women directors Posted: 29 Apr 2016 07:40 PM PDT The Ministry of Corporate Affairs has initiated prosecutions against 169 companies for failure to appoint at least one woman director on their boards.  Certain class of listed and unlisted fir CLICK ON THE LINK... http://www.casansaar.com/news-MCA/MCA-acts-against-169-Cos-for-not-having-women-directors/7899.html

for detail visit www.casansaar.com

Government to conduct special audit of telcos like Airtel, Vodafone and Idea Posted: 29 Apr 2016 07:39 PM PDT Government will conduct special audit of telecom companies, including Bharti Airtel, Vodafone, Reliance Communications and Idea Cellular for three years to 2010-11, Telecom Minister Ravi Shankar Prasa CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/Government-to-conduct-special-audit-of-telcos-like-Airtel-Vodafone-and-Idea/7898.html

for detail visit www.casansaar.com

Guidelines for Grant of Rewards to Informers of Tax Evasion Posted: 29 Apr 2016 07:38 PM PDT The details with regard to guidelines in respect of rewards to informers of tax evasion are:  Direct Taxes:- Any person who provides specific information with respect to evasion of direct CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Guidelines-for-Grant-of-Rewards-to-Informers-of-Tax-Evasion/7897.html

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Merger of National Stock Exchange Limited (NSEL) and Financial Technol Posted: 29 Apr 2016 07:37 PM PDT The Ministry has issued the Final Order on 12.02.2016 for amalgamation of National Spot Exchange Limited (NSEL) with Financial Technologies (India) Ltd. (FTIL) under Section 396 of the Companies Act,  CLICK ON THE LINK... http://www.casansaar.com/news-General/Merger-of-National-Stock-Exchange-Limited-NSEL-and-Financial-Technologies-India-Limited-FTIL/7896.html

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Govt rolls back decision to lower EPF rate; fixes it at 8.8% Posted: 29 Apr 2016 07:36 PM PDT Bowing to employee protests for the third time in two months, the Indian government on Friday rolled back its decision of lower interest rate on provident fund deposits to 8.7 per cent for 2015-16 and CLICK ON THE LINK... http://www.casansaar.com/news-General/Govt-rolls-back-decision-to-lower-EPF-rate-fixes-it-at-8.8/7895.html

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Process for Incorporation of LLP Posted: 29 Apr 2016 07:35 PM PDT Process for Incorporating Limited Liability Partnership  Following are the steps involved for incorporating LLP    Apply for Director Identification Number (DIN) by e-filling form DIN-3 or if  CLICK ON THE LINK... http://www.casansaar.com/articles-General/Process-for-Incorporation-of-LLP/3123.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 29 Apr 2016 07:33 PM PDT Whether TDS provisions are applicable on agricultural coop M/P societies for deduction of TDS on interest paid on FDRs to its members CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/TDS-ON-COOP-SOCIETY/5305.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Income from sale of unlisted equities to be treated as capital gains:
• SIRC's Auditor resigns over dubious accounts
• RBI clamps down on long term working capital loans
• Only 1% of India's population pays taxes: Govt data
• Bad Loan Asset Bank
• TDS Due Dates Revised & Supporting for claim of Deduction from Salary

• Test your knowledge & answer the query?
• Test your knowledge & answer the query?

• Bill Maher tweeted: Good news: teen pregnancy rates in US hit an all time low! Its so hard to find knocked up teens MTV is doing a show called "16 and Fingered"

Income from sale of unlisted equities to be treated as capital gains: Posted: 02 May 2016 10:16 PM PDT India's apex direct taxes body has said income from sale of unlisted equities would be treated as capital gains in a move that gives significant relief to private equity, offshore and alternative  CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-from-sale-of-unlisted-equities-to-be-treated-as-capital-gains-CBDT/7903.html

for detail visit www.casansaar.com

SIRC's Auditor resigns over dubious accounts Posted: 02 May 2016 10:16 PM PDT In an odd turn of events, the auditors of the Southern Indian Regional Council (SIRC) of the CA Institute resigned saying the accounts of the body that certifies and regulates auditing appeared dubiou CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/SIRCs-Auditor-resigns-over-dubious-accounts/7902.html

for detail visit www.casansaar.com

RBI clamps down on long term working capital loans Posted: 02 May 2016 10:15 PM PDT The Reserve Bank of India (RBI) has asked banks to avoid approving long-term credit for periods up to 10 years under the garb of working capital loans to stressed companies, two bankers in the know sa CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-clamps-down-on-long-term-working-capital-loans/7901.html

for detail visit www.casansaar.com

Only 1% of India's population pays taxes: Govt data Posted: 02 May 2016 10:14 PM PDT Only about one per cent of India’s population pays income tax but the number of effective I-T assessees has risen to ~5.17 crore in 2014-15, from 4.72 crore in 2012-13, according to government d CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Only-1-of-Indias-population-pays-taxes-Govt-data/7900.html

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Bad Loan Asset Bank Posted: 02 May 2016 10:12 PM PDT Currently hottest topic in Banking industry is NPA.  Lot of discussions are going on about why this happened, How this happened and What should be further course of Action.  One thing is crystal CLICK ON THE LINK... http://www.casansaar.com/articles-Banking/Bad-Loan-Asset-Bank/3124.html

for detail visit www.casansaar.com

TDS Due Dates Revised & Supporting for claim of Deduction from Salary Posted: 02 May 2016 10:11 PM PDT GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 30/2016 New Delhi, the 29th April, 2016 INCOME-TAX S.O. ___(E CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/TDS-Due-Dates-Revised-Supporting-for-claim-of-Deduction-from-Salary/3083.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 02 May 2016 10:09 PM PDT Is services architecture services provided in Nepal, treated as export of services?  2. Is Rebate/refund of ST Paid on input services can be claimed CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Service-Tax/EXPORT-OF-SERVICES/5298.html

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Test your knowledge & answer the query?

Posted: 02 May 2016 10:08 PM PDT Assessee a company purchases/buy back its own shares at a price less than its book value. my queries are whether buyback is covered under the definition of receives and whether difference between the  CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Income-Tax/Income-Tax/5297.html

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Bill Maher tweeted: Good news: teen pregnancy rates in US hit an all time low! Its so hard to find knocked up teens MTV is doing a show called "16 and Fingered" Posted: 02 May 2016 02:27 AM PDT   Popular in your network Bill Maher  @billmaher   Good news: teen pregnancy rates in US hit an all time low! Its so hard to find knocked up teens MTV is doing a show called "16 and Fingered"       View on Twitter       Katie Couric  @katiecouric   Four of the twelve Syrian refugees brought to Rome by @Pontifex told me their stories yhoo.it/24qSfU1       View on Twitter       Checkout #Poga poga theriyum only on @doopaadoo Gauthamvasudevmenon is tweeting about this.       Read more       Larry King  @kingsthings   It's my 2 cents will return next Sunday. Tonight, @shawnieora and I were at the daytime Emmys. #Emmys #itsmy2cents       View on Twitter       Samantha Ruth Prabhu  @Samanthaprabhu2   Aa..aa❤️❤️ enjoy 😘😘 YouTube       View on Twitter       Al Roker  @alroker   Congrats to our @NBCNews marketing team for #Rokerthon2 promo. It won an @DaytimeEmmys award last night. Vimeo       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Centre may appoint independent regulators for professional services
• Govt mulls reducing numbers of tax, administrative tribunals
• Auditors have access to only one set of account - SIRC
• Ultra-rich must declare cost price of expensive assets: CBDT
• Observations of the candidates on the question papers of CA examination
• Submit proof of travel for claiming tax deduction on LTA: CBDT

• Process for Incorporation of LLP

• Test your knowledge & answer the query?
• Test your knowledge & answer the query?

Centre may appoint independent regulators for professional services Posted: 04 May 2016 09:13 PM PDT The government is planning to appoint independent regulators for services such as medicine, law, chartered accountancy, cost accountancy and company secretaryship. According to sources  CLICK ON THE LINK... http://www.casansaar.com/news-Finance/Centre-may-appoint-independent-regulators-for-professional-services/7910.html

for detail visit www.casansaar.com

Govt mulls reducing numbers of tax, administrative tribunals Posted: 04 May 2016 09:12 PM PDT An Inter-Ministerial Group (IMG) has been constituted to look into the possibility of reduction in the number of tax and administrative tribunals, Union Minister Jitendra Singh said today. There ar CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Govt-mulls-reducing-numbers-of-tax-administrative-tribunals/7909.html

for detail visit www.casansaar.com

Auditors have access to only one set of account - SIRC Posted: 04 May 2016 09:11 PM PDT The Institute of Chartered Accountants of India (ICAI) - SIRC has said that they maintain only one set of books of accounts. It has stated that the accounts of the SIRC are still in draft form and bec CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/Auditors-have-access-to-only-one-set-of-account---SIRC/7908.html

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Ultra-rich must declare cost price of expensive assets: CBDT Posted: 04 May 2016 09:11 PM PDT The tax department on Wednesday said that people with annual income of over Rs 50 lakh will have to disclose the acquisition cost of each asset such as land, building and jewellery in the an CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/Ultra-rich-must-declare-cost-price-of-expensive-assets-CBDT/7907.html

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Observations of the candidates on the question papers of CA examination Posted: 04 May 2016 09:03 PM PDT 4th May, 2016 It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being hel CLICK ON THE LINK... http://www.casansaar.com/news-CA-Exams/Observations-of-the-candidates-on-the-question-papers-of-CA-examinations-May-2016---ICAI/7906.html

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Submit proof of travel for claiming tax deduction on LTA: CBDT Posted: 04 May 2016 09:00 PM PDT The Income Tax Department has brought out a new form making it mandatory for salaried taxpayers to furnish proof of travel for claiming tax deduction on LTA or LTC. The Central Board of CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/Submit-proof-of-travel-for-claiming-tax-deduction-on-LTA-CBDT/7905.html

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Process for Incorporation of LLP Posted: 04 May 2016 08:55 PM PDT Process for Incorporating Limited Liability Partnership Following are the steps involved for incorporating LLP   Apply for Director Identification Number (DIN) by e-filling form DIN-3 or if CLICK ON THE LINK... http://www.casansaar.com/articles-General/Process-for-Incorporation-of-LLP/3123.html

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Test your knowledge & answer the query?

Posted: 04 May 2016 08:40 PM PDT Dear Sir, Please clarify whether after amendment in companies act 2016, Exemption provided vide 5th June 2015 still relevant. Please clarify. click on the link to answer... http://www.casansaar.com/queries-Corporate-Law/Companies-Act-2016-amendment/5302.html

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Test your knowledge & answer the query?

Posted: 04 May 2016 08:39 PM PDT Dear Friends, I claimed deduction under section 80P(2)(C) CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Disallowance-of-Deduction-under-section-80P2C-SECTION-80-P-2D-by-AO/5303.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Professionals, finance companies may get licence to set up Banks
• Can whatsApp message be treated as petition? SC to hear
• RBI Proposes Relaxation Of Bank Licence Requirements
• FM warns of action against tax evasion
• Govt eases norm for availing export benefits under MEIS
• Lok Sabha passes Finance Bill 2016
• ICAI reviews financial statements of Vijay Mallya group firms
• Foreign Exchange Management (Deposit) Regulations, 2016
• Discontinuation of Statements on Special Agriculture Credit Plan (SACP)
• Transactions in derivatives by regulated institutional entities on electronic platforms
• Currency Distribution & Exchange Scheme (CDES) for bank branches based on performance in rendering customer service to the members of public

• Test your knowledge & answer the query?

Professionals, finance companies may get licence to set up Banks Posted: 05 May 2016 08:24 PM PDT Professionals and finance companies will get a chance to set up banks but many large business houses which have long dreamt of owning such institutions may not be so lucky.  The Reserve Bank h CLICK ON THE LINK... http://www.casansaar.com/news-General/Professionals-finance-companies-may-get-licence-to-set-up-Banks/7917.html

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Can whatsApp message be treated as petition? SC to hear Posted: 05 May 2016 08:23 PM PDT Can a WhatsApp message received by a Judge be treated as a petition? A bench headed by Chief Justice T S Thakur faced the peculiar question when advocate Ashok Arora brought up the issu CLICK ON THE LINK... http://www.casansaar.com/news-WhatsApp/Can-whatsApp-message-be-treated-as-petition-SC-to-hear/7916.html

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RBI Proposes Relaxation Of Bank Licence Requirements Posted: 05 May 2016 07:55 PM PDT The Reserve Bank of India (RBI) has issued proposals for the relaxation of requirements for banking licences in the latest effort to boost a sector struggling with $100 billion of stressed debt that i CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-Proposes-Relaxation-Of-Bank-Licence-Requirements/7915.html

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FM warns of action against tax evasion Posted: 05 May 2016 07:55 PM PDT Finance Minister Arun Jaitley today warned of action against those passing off income from other sources as agriculture income but ruled out levying any tax on farm earnings. Replying to the discus CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/FM-warns-of-action-against-tax-evasion/7914.html

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Govt eases norm for availing export benefits under MEIS Posted: 05 May 2016 07:54 PM PDT Exporters have been relieved from submitting the landing certificate of goods to avail benefits under the Merchandise Exports India Scheme (MEIS).  According to Commerce and Industry Ministry, CLICK ON THE LINK... http://www.casansaar.com/news-Custom/Govt-eases-norm-for-availing-export-benefits-under-MEIS/7913.html

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Lok Sabha passes Finance Bill 2016 Posted: 05 May 2016 07:53 PM PDT The Lok Sabha on Thursday passed the finance bill, retaining the excise duty on jewellers despite opposition from some political parties. In his reply to the finance bill, Arun Jaitley  CLICK ON THE LINK.. http://www.casansaar.com/news-Budget/Lok-Sabha-passes-Finance-Bill-2016/7911.html

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ICAI reviews financial statements of Vijay Mallya group firms Posted: 05 May 2016 07:53 PM PDT Chartered accountants' apex body ICAI is reviewing financial statements of certain Vijay Mallya group firms to assess the role of auditors and has warned of strict disciplinary action in case of v CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/ICAI-reviews-financial-statements-of-Vijay-Mallya-group-firms/7912.html

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Foreign Exchange Management (Deposit) Regulations, 2016 Posted: 05 May 2016 07:49 PM PDT RBI/2015-16/390 A.P. (DIR Series) Circular No. 67/2015-16 [(1)/5(R)] May 05, 2016 To All Category - I Authorised Dealers and Authorised Banks Madam/Sir Foreign Exchange Management (Depos CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Foreign-Exchange-Management-Deposit-Regulations-2016/3084.html

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Discontinuation of Statements on Special Agriculture Credit Plan (SACP) Posted: 05 May 2016 07:49 PM PDT RBI/2015-16/391 FIDD. No. FSD. BC.24/05.05.014/2015-16 May 5, 2016 The Chairman/ Managing Director / Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Discontinuation-of-Statements-on-Special-Agriculture-Credit-Plan-SACP/3085.html

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Transactions in derivatives by regulated institutional entities on electronic platforms Posted: 05 May 2016 07:47 PM PDT RBI/2015-16/392 FMRD.DIRD.No.9/14.03.01/2015-16 May 5, 2016 All Market Participants Dear Madam/Sir, Transactions in derivatives by regulated institutional entities on electronic platforms CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Transactions-in-derivatives-by-regulated-institutional-entities-on-electronic-platforms/3086.html

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Currency Distribution & Exchange Scheme (CDES) for bank branches based on performance in rendering customer service to the members of public Posted: 05 May 2016 07:47 PM PDT RBI/2015-16/393 DCM (CC) No.G-10/3352/03.41.01/2015-16 May 05, 2016 The Chairman & Managing Director / Chief Executive Officer, All Banks Madam / Dear Sir, Currency Distribution &am CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Currency-Distribution-Exchange-Scheme-CDES-for-bank-branches-based-on-performance-in-rendering-customer-service-to-the-members-of-public/3087.html

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Test your knowledge & answer the query?

Posted: 05 May 2016 07:46 PM PDT Whether any assessing officer can treat any agricultural coop society as mini bank keeping in view its high deposits without taking into account no licence from RBi has been taken and disallow exempti CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Income-Tax/Deemed-Banks/5306.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• MCA regional directors get more powers under companies law
• Rajya Sabha to take up Finance Bill on May 9
• RBI Norms for Protecting Customers
• Online Filing Procedure of Form 15G & 15H
• Procedure for submission of Form 15CC for remittance U/s. 195(6)
• How to file TDS/TCS statement on incometaxindiaefiling.gov.in

• Test your knowledge & answer the query?
• Test your knowledge & answer the query?

MCA regional directors get more powers under companies law Posted: 08 May 2016 08:31 PM PDT To reduce procedural requirements, the Ministry of Corporate Affairs (MCA) has given more powers to its regional directors with respect to scrutinising firms suspected of violating companies law.  CLICK ON THE LINK... http://www.casansaar.com/news-MCA/MCA-regional-directors-get-more-powers-under-companies-law/7919.html

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Rajya Sabha to take up Finance Bill on May 9 Posted: 08 May 2016 08:29 PM PDT Finance Minister Arun Jaitley will move the Finance Bill in the Rajya Sabha  on Monday for discussion after the Lok Sabha passed it last week with 21 changes including withdrawal of the prop CLICK ON THE LINK... http://www.casansaar.com/news-Budget/Rajya-Sabha-to-take-up-Finance-Bill-on-May-9/7920.html

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RBI Norms for Protecting Customers Posted: 08 May 2016 08:07 PM PDT Reserve Bank of India (RBI) has released a Charter of Customer Rights, which enshrines broad, overarching principles for protection of bank customers and enunciates the ‘five’ basic rights CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-Norms-for-Protecting-Customers/7918.html

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Online Filing Procedure of Form 15G & 15H Posted: 08 May 2016 08:06 PM PDT Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No 7/2016 New Delhi, 4th May, 2016  [F.NO.DGIT(S)/ADG CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Online-Filing-Procedure-of-Form-15G-15H/3088.html

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Procedure for submission of Form 15CC for remittance U/s. 195(6) Posted: 08 May 2016 08:05 PM PDT Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 8/2016 New Delhi, 4th May, 2016 Procedure for submis CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Procedure-for-submission-of-Form-15CC-for-remittance-Us.-1956/3089.html

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How to file TDS/TCS statement on incometaxindiaefiling.gov.in Posted: 08 May 2016 08:03 PM PDT Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income Tax (Systems) Notification No. 6/2016 New Delhi, 4th May, 2016 The provisions relat CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/How-to-file-TDSTCS-statement-on-incometaxindiaefiling.gov.in/3090.html

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Test your knowledge & answer the query?

Posted: 08 May 2016 08:02 PM PDT One of our client is NRI having A NRO A/c in india in which he received FD proceeds of Rs. 8.5 lakhs. Now he wants to transfer some amount from NRO a/c to NRE A/c or want to withdraw this amount for p CLICK ON THE LINK,... http://www.casansaar.com/queries-Income-Tax/15CA-15CB/5312.html

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Test your knowledge & answer the query?

Posted: 08 May 2016 08:01 PM PDT I have submitted service tax return of a client on 28.04.2016 but copy of return is not available till now.  While checking its status online it is not showing under submitted ST3 returns  CLICK ON THE LINK... http://www.casansaar.com/queries-Service-Tax/Service-tax-return/5313.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

Bill Maher tweeted: I wasn't kidding last night, Trump is going to crash the stock market. I miss the days when bad Republican ideas just ruined Kansas. Posted: 09 May 2016 01:54 AM PDT   Popular in your network Bill Maher  @billmaher   I wasn't kidding last night, Trump is going to crash the stock market. I miss the days when bad Republican ideas just ruined Kansas.       View on Twitter       Samantha Ruth Prabhu  @Samanthaprabhu2   Obsessed with Bala tripuramani ❤️❤️#Brahmotsavam . You ll know why more after you see the video. Superstar❤️ at his best ever.       View on Twitter       Al Roker  @alroker   Happy #MothersDay Special from @RKRmedia w/@BethHart @evieyannakidis @emmamcgann #livestreaming on @YouNow #LSN twitter.com/RKRmedia/statu…       View on Twitter       Katie Couric  @katiecouric   Thank you for the shout out @JoshLucas! Premieres on @epix May 15th... twitter.com/joshlucas/stat…       View on Twitter       Larry King  @kingsthings   It's always a good night when you run into @kevin_nealon... #ItsMy2Cents       View on Twitter       Umair Sandhu @sandhumerry   Hottest & Fantastic Poster of Superstar @RanveerOfficial & @Vaaniofficial #Befikre.       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Preparation of Panel of Chartered Accountants/Firms having experience
• No negative balances in savings accounts: RBI
• Declaration of Assets & Liabilities in the new ITR forms
• Compliance of SEBI Directive on Women Director
• Govt forms tribunal to look into election disputes of ICAI
• RBI to amend forex management rules
• Rs 43000 crore lies in inoperative EPF accounts: Govt
• CBEC Clarification on segregation of impurities
• Verification of ITR through EVC pending due to non-filing of ITR-V
• MCA releases revised Form No. GNL-1 & GNL-4

• Test your knowledge & answer the query?
• Test your knowledge & answer the query?

Preparation of Panel of Chartered Accountants/Firms having experience Posted: 10 May 2016 08:17 PM PDT Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments. Chartered Accountants firms havi CLICK ON THE LINK... http://www.casansaar.com/empanelment-Preparation-of-Panel-of-Chartered-AccountantsFirms-having-experience-for-Forensic-Auditing/1598.html

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No negative balances in savings accounts: RBI Posted: 10 May 2016 08:16 PM PDT Negative balances in savings accounts due to penalty charges are now history following a directive from the central bank. The RBI has asked banks to stop imposing charges for non-maintenance of minimu CLICK ON THE LINK... http://www.casansaar.com/news-RBI/No-negative-balances-in-savings-accounts-RBI/7928.html

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Declaration of Assets & Liabilities in the new ITR forms Posted: 10 May 2016 08:15 PM PDT Central Board of Direct Taxes (CBDT) have released new income-tax return formswith mandatory provisions of declaring Assets & Liabilities (A&L) such as cars, jewellery yacht, aircrafts, shares CLICK ON THE LINK... http://www.casansaar.com/news-ITR/Declaration-of-Assets-Liabilities-in-the-new-ITR-forms/7927.html

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Compliance of SEBI Directive on Women Director Posted: 10 May 2016 08:14 PM PDT The requirement of appointment of woman director emanates from Section 149 of Companies Act, 2013.  SEBI has mandated that listed companies to appoint one woman director on its board.  Compa CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/Compliance-of-SEBI-Directive-on-Women-Director/7926.html

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Govt forms tribunal to look into election disputes of ICAI Posted: 10 May 2016 08:13 PM PDT MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 4th May, 2016   S.O. 1634(E).—In exercise of the powers conferred by sub-section (1) of section 10B of the Chartered Acco CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Govt-forms-tribunal-to-look-into-election-disputes-of-ICAI/7925.html

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RBI to amend forex management rules Posted: 10 May 2016 08:13 PM PDT in a move aimed at contributing to the ease of doing business, the Reserve Bank of India on Monday said it proposes to amend the Foreign Exchange Management Regulations to mandate that forei CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-to-amend-forex-management-rules/7924.html

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Rs 43000 crore lies in inoperative EPF accounts: Govt Posted: 10 May 2016 08:09 PM PDT About Rs 43,000 crore is lying in inoperative Employees' Provident Fund accounts and interest would be credited to such accounts, the government said today.  Minister of State for Labour a CLICK ON THE LINK... http://www.casansaar.com/news-General/Rs-43000-crore-lies-in-inoperative-EPF-accounts-Govt/7922.html

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CBEC Clarification on segregation of impurities Posted: 10 May 2016 08:08 PM PDT Circular No.1029/17/2016-CX F.No. 267/33/2014-CX.8 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi, dated the 10th May, 2016 CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/CBEC-Clarification-on-segregation-of-impurities/3093.html

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Verification of ITR through EVC pending due to non-filing of ITR-V Posted: 10 May 2016 03:57 AM PDT CIRCULAR NO 13/2016 F. No. 225/46/2016-ITA.II GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES New Delhi, 9th May, 2016 Subject:- CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Verification-of-ITR-through-EVC-pending-due-to-non-filing-of-ITR-V/3092.html

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MCA releases revised Form No. GNL-1 & GNL-4 Posted: 10 May 2016 03:56 AM PDT Government of India MINISTRY OF CORPORATE AFFAIRS Notification New Delhi, 05th May, 2016 G.S.R. …..(E).-ln exercise of the powers conferred by section 399 read with sub-secti CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/MCA-releases-revised-Form-No.-GNL-1-GNL-4/3091.html

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Test your knowledge & answer the query? Posted: 10 May 2016 03:55 AM PDT Procedure for Service Tax registration in case of NRI CLICK ON THE LINK... http://www.casansaar.com/queries-Service-Tax/Service-tax-Registration-in-case-of-NRI/5309.html

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Test your knowledge & answer the query? Posted: 10 May 2016 03:54 AM PDT sir my client want to close public trust. we want to know required document  for trust closer . thank u in advance. CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/TRUST-Closer-Procedure/5310.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Income Tax department to reopen the 2001 tax case against Big B
• India & Mauritius amend treaty to plug tax loopholes
• Rajya Sabha sets record, passes 5 bills in few hours
• IT dept's PAN-Aadhaar linkage crosses 50-lakh mark
• Parliament passes Appropriation, Finance Bills 2016; Also clears Insolvency and Bankruptcy Blll
• India-Mauritius DTAA amended to tackle round tripping of funds
• No revision in due dates for filing of TCS returns
• Partners Required

• Test your knowledge & answer the query?

Income Tax department to reopen the 2001 tax case against Big B Posted: 11 May 2016 05:12 PM PDT The Supreme Court on Wednesday allowed the Income Tax (IT) department to reopen the 2001 tax case against actor Amitabh Bachchan over his earnings during the quiz show Kaun Banega Crorepati (KBC). &n CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-department-to-reopen-the-2001-tax-case-against-Big-B/7933.html

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India & Mauritius amend treaty to plug tax loopholes Posted: 11 May 2016 05:11 PM PDT After years of protracted negotiations, India and Mauritius on Tuesday agreed to amend their 32-year-old bilateral tax treaty in an attempt to check `round-tripping' of funds and ensure that no en CLICK ON THE LINK... http://www.casansaar.com/news-International-Taxation/India-Mauritius-amend-treaty-to-plug-tax-loopholes/7932.html

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Rajya Sabha sets record, passes 5 bills in few hours Posted: 11 May 2016 05:10 PM PDT In a record of sorts, five bills were passed in the Rajya Sabha today, which has been under attack for delaying in the passage of key legislation. The bills, including some key finance CLICK ON THE LINK... http://www.casansaar.com/news-Finance/Rajya-Sabha-sets-record-passes-5-bills-in-few-hours/7931.html

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IT dept's PAN-Aadhaar linkage crosses 50-lakh mark Posted: 11 May 2016 05:09 PM PDT The Income Tax department's ambitious plan to link its PAN number database with Aadhaar has crossed the 50-lakh mark. The Central Board of Direct Taxes (CBDT), the policy-making body for the CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/IT-depts-PAN-Aadhaar-linkage-crosses-50-lakh-mark/7930.html

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Parliament passes Appropriation, Finance Bills 2016; Also clears Insolvency and Bankruptcy Blll Posted: 11 May 2016 05:08 PM PDT Parliament passed Appropriation and Finance Bills with Rajya Sabha returning them to the Lok Sabha after a four-hour debate. It also cleared the Insolvency and Bankruptcy Code,2016. Replying to the CLICK ON THE LINK.... http://www.casansaar.com/news-Budget/Parliament-passes-Appropriation-Finance-Bills-2016-Also-clears-Insolvency-and-Bankruptcy-Bill/7929.html

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India-Mauritius DTAA amended to tackle round tripping of funds Posted: 11 May 2016 05:07 PM PDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 10th May, 2016 Subject: Protocol for amendment of the Convention f CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/India-Mauritius-DTAA-amended-to-tackle-round-tripping-of-funds/3095.html

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No revision in due dates for filing of TCS returns Posted: 11 May 2016 05:06 PM PDT The CBDT vide Notification No. 30/2016 [F.NO.142/29/2015-TPL], Dated 29-4-2016 has revised the due dates for filing of quarterly TDS returns by persons (other than government). However, t CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/No-revision-in-due-dates-for-filing-of-TCS-returns/3094.html

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Partners Required Posted: 11 May 2016 05:05 PM PDT Delhi Sr. CA Firm looking for co-sharing associates on PAN India basis for Bank/PSU/CAG. DISA/Forensic Auditor Welcome. Any Newly qualified member wants to start his practise and looking for infrastru CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Seeking-Networking-Assignments/Partners-Required/4971.html

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Test your knowledge & answer the query?

Posted: 11 May 2016 05:04 PM PDT Whether any licence is required to do the business of money transfer and money exchange? if yes what is the procedure to get that licence CLICK ON THE LINK... http://www.casansaar.com/queries-FEMA/MONEY-TRANSFER-AND-MONEY-EXCHANGE-BUSINESS/5299.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• BSNL invites EOI for conducting Internal Audit
• Examiners shall appoint Checkers - ICAI
• CSR expenses need to be treated as non-cost items: ICAI
• RBI tweaks shareholding norms for private sector banks
• ICAI committee to decide on Number of VP, Council Term & Restriction on 3 terms
• Procedural guidelines for Establishment of Branch Office (BO)/ Liaison Office (LO)/ Project Office (PO) in India by foreign entities
• Guidelines for Voluntary surrender of Certificate of Authorisation (COA) by Payment System Operators
• Foreign Exchange Management (Exports of Goods and Services) Regulations, 2015
• CHARTERED ACCOUNTANTS ACA/FCA - PARTNER

• Test your knowledge & answer the query?

BSNL invites EOI for conducting Internal Audit Posted: 12 May 2016 08:02 PM PDT BSNL invites EOI in the enclosed format from Chartered / Cost Accountant firms registered with The Institute of Chartered Accountant of India/ The Institute of Cost Accountant of India, for appointmen CLICK ON THE LINK... http://www.casansaar.com/empanelment-BSNL-invites-EOI-for-conducting-Internal-Audit/1599.html

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Examiners shall appoint Checkers - ICAI Posted: 12 May 2016 08:09 PM PDT May 12, 2016 The examination process inter alia includes a procedure of having the answer books checked, after evaluation by examiners, by Checkers to ensure that all answers have been evaluated, m CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Examiners-shall-appoint-Checkers---ICAI/7937.html

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CSR expenses need to be treated as non-cost items: ICAI Posted: 12 May 2016 08:00 PM PDT Companies need to treat expenses related to CSR activities as non-cost items and separately disclose transactions in this regard where related parties are involved, according to cost accountants' CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/CSR-expenses-need-to-be-treated-as-non-cost-items-ICAI/7936.html

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RBI tweaks shareholding norms for private sector banks Posted: 12 May 2016 07:59 PM PDT The Reserve Bank of India (RBI) today issued new guidelines on ownership in private sector banks by bundling shareholding patterns into two broad categories of individuals (natural persons) CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-tweaks-shareholding-norms-for-private-sector-banks/7935.html

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ICAI committee to decide on Number of VP, Council Term & Restriction on 3 terms Posted: 12 May 2016 07:56 PM PDT ICAI committee to decide on Number of VP, Council Term & Restriction o CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/ICAI-committee-to-decide-on-Number-of-VP-Council-Term-Restriction-of-3-terms/7934.html

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Procedural guidelines for Establishment of Branch Office (BO)/ Liaison Office (LO)/ Project Office (PO) in India by foreign entities Posted: 12 May 2016 07:54 PM PDT RBI/2015-16/397 A.P. (DIR Series) Circular No.69 [(1)/22(R)] May 12, 2016 To All Authorised Dealers Category - I Banks Madam / Sir, Establishment of Branch Office (BO)/ Liaison Office CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Procedural-guidelines-for-Establishment-of-Branch-Office-BO-Liaison-Office-LO-Project-Office-PO-in-India-by-foreign-entities/3098.html

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Guidelines for Voluntary surrender of Certificate of Authorisation (COA) by Payment System Operators Posted: 12 May 2016 07:53 PM PDT RBI/2015-16/396 DPSS.CO.AD.No.2627/02.27.005/2015-16 May 12, 2016 To, All entities authorised under the Payment & Settlement Systems Act, 2007 (PSS Act) Dear Sir/Madam, Guidelines CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Guidelines-for-Voluntary-surrender-of-Certificate-of-Authorisation-COA-by-Payment-System-Operators/3097.html

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Foreign Exchange Management (Exports of Goods and Services) Regulations, 2015 Posted: 12 May 2016 07:52 PM PDT RBI/2015-16/395 A.P. (DIR Series) Circular No.68 [(1)/23(R)] May 12, 2016 To All AD Category - I Authorised Dealer Banks Madam/ Sir Foreign Exchange Management (Exports of Goods and Serv CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Foreign-Exchange-Management-Exports-of-Goods-and-Services-Regulations-2015/3096.html

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CHARTERED ACCOUNTANTS ACA/FCA - PARTNER Posted: 12 May 2016 07:51 PM PDT OURS IS A 35 YEAR OLD FIRM WITH GOOD PROFESSIONAL WORK. CHATERED ACOUNTANTS WHO ARE INTERESTED IN JOINING AS FULL TIME PARTNERS OR ON SALARY BASIS MAY SEND THEIR RESUME TO VINAY CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/CHARTERED-ACCOUNTANTS-ACAFCA/4970.html

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Test your knowledge & answer the query?

Posted: 12 May 2016 07:50 PM PDT I have query on forward contract transction regarding discosure of Foreing Currecy Receivable, Amount payable to Bank and Forward Premium in Balance Sheet, arise due to hedging import transaction by F CLICK ON THE LINK... http://www.casansaar.com/queries-Accounts/Accounting/5315.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• PSB invites online Applications for Empanelment of Concurrent Audit
• MCA cracking down on those who are directors at more than 20 companies
• SEBI streamlines settlement procedures
• Pay Income tax dues on time to avoid last-min rush: RBI
• E-Filing of Income Tax Returns jumps over 68% in april
• Govt likely to push for GST vote in Rajya Sabha - FM
• The Income Declaration Scheme 2016 to open from 1st June 2016
• PF and bonus added to manpower service
• Required Partner on Profit Sharing Basis

• Test your knowledge & answer the query?

• Umair Sandhu tweeted: Romantic Poster of Superstar @ShraddhaKapoor & #AdityaRoyKapur from #OKJaanu .

PSB invites online Applications for Empanelment of Concurrent Audit Posted: 16 May 2016 06:40 PM PDT Online Empanelment for Concurrent Audit of Branches of Punjab & Sind Bankfor concurrent Audit is been started on 16.05.2016 and last date for online application is 31.05.2016 #casansaar i CLICK ON THE LINK... http://www.casansaar.com/empanelment-PSB-invites-online-Applications-for-Empanelment-of-Concurrent-Audit/1601.html

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MCA cracking down on those who are directors at more than 20 companies Posted: 16 May 2016 06:39 PM PDT The ministry of corporate affairs (MCA) is cracking down on those who are directors at more than 20 companies and has asked Registrar of Companies officials to start legal action against those exceedi CLICK ON THE LINK... http://www.casansaar.com/news-MCA/MCA-cracking-down-on-those-who-are-directors-at-more-than-20-companies/7946.html

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SEBI streamlines settlement procedures Posted: 16 May 2016 06:38 PM PDT Entities under probe for ‘serious violations’ in capital markets can seek settlement of the case only if they agree to make good the losses suffered by the investors to SEBI&rsqu CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/SEBI-streamlines-settlement-procedures/7945.html

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Pay Income tax dues on time to avoid last-min rush: RBI Posted: 16 May 2016 06:37 PM PDT The Reserve Bank has asked income tax assessees to pay their tax dues well in advance to avoid last minute rush. RBI has also designated 29 banks where people can pay their I-T adv CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Pay-Income-tax-dues-on-time-to-avoid-last-min-rush-RBI/7944.html

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E-Filing of Income Tax Returns jumps over 68% in april Posted: 16 May 2016 06:37 PM PDT E-filing of income tax returns witnessed a 68.5 per cent jump in the first month of the current fiscal year with over 8.32 lakh assessees filing ITRs electronically. The number of e-filed returns r CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/E-Filing-of-Income-Tax-Returns-jumps-over-68-in-april/7943.html

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Govt likely to push for GST vote in Rajya Sabha - FM Posted: 16 May 2016 06:36 PM PDT Finance Minister Arun Jaitley has charged the Congress with opposing the Goods and Services Tax (GST) Bill solely for political reasons and said that if such opposition continues, the government will CLICK ON THE LINK.. http://www.casansaar.com/news-GST/Govt-likely-to-push-for-GST-vote-in-Rajya-Sabha---FM/7942.html

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The Income Declaration Scheme 2016 to open from 1st June 2016 Posted: 16 May 2016 06:35 PM PDT The Income Declaration Scheme, 2016 incorporated as Chapter IX of the Finance Act 2016 provides an opportunity to all persons who have not declared income correctly in earlier years to come forward an CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/The-Income-Declaration-Scheme-2016-to-open-from-1st-June-2016/7940.html

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PF and bonus added to manpower service Posted: 16 May 2016 06:22 PM PDT PF and bonus added to manpower service CLICK ON THE LINK TO DOWNLOAD.. http://www.casansaar.com/files-Service-Tax-PF-and-bonus-added-to-manpower-service/5838.html

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Required Partner on Profit Sharing Basis Posted: 16 May 2016 06:21 PM PDT We are 33 years old Kolkata based Partnership Chartered Firm. We required Chartered Accountants as Partner from Patna / Bhubaneshwar / Cuttack / Guwahati / Dibrugarh / Tinsukia / Bangalore / Chennai CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/Required-Partner-on-Profit-Sharing-Basis/4976.html

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Test your knowledge & answer the query?

Posted: 16 May 2016 06:20 PM PDT Forfeiture of share application money whether taxable or not.Plz sujjest me with section & case reference. CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Shares-Stock/Forfeiture-of-application-money/5316.html

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Umair Sandhu tweeted: Romantic Poster of Superstar @ShraddhaKapoor & #AdityaRoyKapur from #OKJaanu . Posted: 16 May 2016 02:27 AM PDT   Popular in your network Umair Sandhu @sandhumerry   Romantic Poster of Superstar @ShraddhaKapoor & #AdityaRoyKapur from #OKJaanu .       View on Twitter       Larry King  @kingsthings   I love the smell of early morning… #itsmy2cents       View on Twitter       Bill Maher  @billmaher   Trump learned a new thing, to say "we shld leave it to the states". He's like an 8 year old who just discovered he can play with his dick.       View on Twitter       MTV  @MTV   These sex tips from MTV's new series #PantsOff will come in handy. MTV       View on Twitter       Ramesh @rameshlaus   Actors Sivakumar and Karthi 's press interaction video after voting.. #TN100Percent #NoExecusesDay YouTube       View on Twitter       IndiaGlitz - Tamil @igtamil   ilayathalapathy Vijay casts his Vote in Neelankarai Watch --> | @actorvijay @VijayFansPage #TNElection2016 YouTube       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• HC seeks Centre, RBI response on debit, credit card surcharge
• Delhi HC quashes Income-Tax order on linking tax refunds to scrutiny
• Five associate banks propose merger with parent SBI
• RBI authorises 29 agency banks to accept payments of I-T dues
• Tax grievances - Income Tax dept to ensure e-nivaran
• New / Revised Standards on Auditing - ICAI
• MCA extends due date of filing of various e-Forms to 10/06/2006
• CSR activities should be within the framework of Law - MCA
• Chennai CA Partner Required

• Test your knowledge & answer the query?

HC seeks Centre, RBI response on debit, credit card surcharge Posted: 17 May 2016 07:31 PM PDT The Delhi high court on Tuesday sought Centre and Reserve Bank of India’s (RBI) response on a plea alleging “illegal” surcharge levied on transactions done through debit an CLICK ON THE LINK... http://www.casansaar.com/news-Banking/HC-seeks-Centre-RBI-response-on-debit-credit-card-surcharge/7952.html

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Delhi HC quashes Income-Tax order on linking tax refunds to scrutiny Posted: 17 May 2016 07:30 PM PDT In a decision that will benefit taxpayers and ensure faster refunds, the Delhi high court quashed an order of the income-tax department that linked tax refunds to scrutiny assessment. T CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Delhi-HC-quashes-Income-Tax-order-on-linking-tax-refunds-to-scrutiny/7951.html

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Five associate banks propose merger with parent SBI Posted: 17 May 2016 07:29 PM PDT After over five years of hiatus, associate banks of SBI including State Bank of Bikaner and JaipurBSE 4.22 % have proposed to merger with the parent lender.  The respective boards have propose CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Five-associate-banks-propose-merger-with-parent-SBI/7950.html

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RBI authorises 29 agency banks to accept payments of I-T dues Posted: 17 May 2016 07:28 PM PDT RBI has authorised 29 agency banks to accept payments of Income Tax dues. In a press release issued from Mumbai on Monday, RBI has appealed tax payers to remit their income tax dues sufficiently in ad CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-authorises-29-agency-banks-to-accept-payments-of-I-T-dues/7949.html

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Tax grievances - Income Tax dept to ensure e-nivaran Posted: 17 May 2016 07:27 PM PDT The Income Tax department has launched a special electronic grievance redressal system called 'e-nivaran' in order to fast track taxpayer grievances and ensure early resolution of their compla CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Tax-grievances---Income-Tax-dept-to-ensure-e-nivaran/7948.html

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New / Revised Standards on Auditing - ICAI Posted: 17 May 2016 07:26 PM PDT Revised SA 700, Forming an Opinion and Reporting on Financial Statements.   New SA 701, Communicating Key Audit Matters in the Independent Auditor’s Report.   Revised SA 705, M CLICK ON TH ELINK.. http://www.casansaar.com/news-ICAI/New-Revised-Standards-on-Auditing---ICAI/7947.html

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MCA extends due date of filing of various e-Forms to 10/06/2006 Posted: 17 May 2016 07:25 PM PDT F No.01/34/2013 CL-V Government of India Ministry of Corporate Affairs 5th Floor. A Wing, Shastri Bhawan, Dr. Rajendra Prasad Rood, New Delhi – 110001.   ​ General Circular No 06/ CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/MCA-extends-due-date-of-filing-of-various-e-Forms-to-10062006/3100.html

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CSR activities should be within the framework of Law - MCA Posted: 17 May 2016 07:24 PM PDT No. 05/01/2014-CSR Government of India Ministry of Corporate Affairs 5th Floor, ‘A’ Wing, Shastri Bhawan, Dr. R. P. Marg New Delhi -110 001   ​ General Circular No. 05/ CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/CSR-activities-should-be-within-the-framework-of-Law---MCA/3099.html

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Chennai CA Partner Required Posted: 17 May 2016 07:23 PM PDT We are a new growing CA firm with 2 partners (1 FCA,1 ACA) and looking for partners from Chennai/Tamilnadu, email us -yahoo...@gmail.com , Mob-99624 96298 CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/Chennai-CA-Partner-Required/4979.html

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Posted: 17 May 2016 07:22 PM PDT Error while signing ROC forms with PROXKey DSC token CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Error-while-signing-ROC-forms-with-PROXKey-DSC-token/5322.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Vijaya Bank invites applications for Empanelment of Concurrent Auditor
• Comply with CIC orders invariably - CBDT to I-T dept
• Syndicate Bank writes off Rs 883 crore against fraud
• Clarification regarding leviability of service tax in respect of services provided by arbitral tribunal and members of such tribunal
• Partners Required

• Test your knowledge & answer the query?

Vijaya Bank invites applications for Empanelment of Concurrent Auditor Posted: 18 May 2016 08:35 PM PDT Vijaya Bank, Head Office, Bangalore invites applications for Empanelment of Concurrent Auditors for Year 2016-17. #casansaar The eligibility criteria for selection of Concurrent Auditors CLICK ON THE LINK... http://www.casansaar.com/empanelment-Vijaya-Bank-invites-applications-for-Empanelment-of-Concurrent-Auditors/1602.html

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Comply with CIC orders invariably - CBDT to I-T dept Posted: 18 May 2016 07:09 PM PDT Citing some cases of non-compliance of Central Information Commission’s orders to the Income Tax department, CBDT has said the taxman should strictly comply with them and non-compliance will be CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/Comply-with-CIC-orders-invariably---CBDT-to-I-T-dept/7954.html

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Syndicate Bank writes off Rs 883 crore against fraud Posted: 18 May 2016 06:59 PM PDT Syndicate Bank on Tuesday said that it wrote offRs.882.64 crore in the fourth quarter (the three months ended 31 March) because of fraud at its branches in Jaipur over the last four years. The ba CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Syndicate-Bank-writes-off-Rs-883-crore-against-fraud/7953.html

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Clarification regarding leviability of service tax in respect of services provided by arbitral tribunal and members of such tribunal Posted: 18 May 2016 06:58 PM PDT It has come to the notice of the Board that there is some confusion regarding the legal position with respect to continuance of reverse charge mechanism for services provided by arbitral tribunals and CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Clarification-regarding-leviability-of-service-tax-in-respect-of-services-provided-by-arbitral-tribunal-and-members-of-such-tribunal/3101.html

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Partners Required Posted: 18 May 2016 06:55 PM PDT Delhi Sr. CA Firm looking for co-sharing associates on PAN India basis for Bank/PSU/CAG. DISA/Forensic Auditor Welcome. Any Newly qualified member wants to start his practise and looking for infrastru CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Seeking-Networking-Assignments/Partners-Required/4971.html

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Posted: 18 May 2016 06:53 PM PDT A company ABC Ltd wants to demerge with PQR Pvt Ltd its group company by transferring an undertaking along with all its assets and liabilities. ABC Ltd is a Debt listed company and it has issued deben CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Demerger/5307.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• ED to do forensic audit of Mallya's accounts
• SEBI tightens norms to curb black money inflow
• Commencement of section 2(29), sections 435 to 438 and 440 of Companies Act, 2013
• Govt designates Special courts U/s. 435 of Companies Act, 2013
• Frauds in UCBs: Changes in Monitoring and Reporting mechanism
• Investment in Credit Information Companies
• Money Transfer Service Scheme - Submission of statement/returns under XBRL
• Rupee Drawing Arrangement - Submission of statement/returns under XBRL
• Repo / Reverse Repo Transactions with RBI
• Cessation of UBS AG as a banking company within the meaning of sub-section (2) of Section 36(A) of the Banking Regulation Act, 1949
• DOWNLOAD THE COMPANIES (AMENDMENT) BILL, 2016

• Test your knowledge & answer the query?

ED to do forensic audit of Mallya's accounts Posted: 19 May 2016 09:49 PM PDT The Enforcement Directorate (ED) will conduct a forensic audit of Vijay Mallya’s and related companies’ accounts, to collect money trail details in connection with the CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/ED-to-do-forensic-audit-of-Mallyas-accounts/7956.html

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SEBI tightens norms to curb black money inflow Posted: 19 May 2016 09:48 PM PDT Capital market regulator Securities and Exchange Board of India (Sebi) on Thursday tightened rules on issue of participatory notes (P-notes) to bring in more transparency and curb misuse of the invest CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/SEBI-tightens-norms-to-curb-black-money-inflow/7955.html

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Commencement of section 2(29), sections 435 to 438 and 440 of Companies Act, 2013 Posted: 19 May 2016 09:48 PM PDT S.O.1795 (E).—In exercise of the powers conferred by sub-section (3) of section 1 of the Companies Act, 2013 (18 of 2013), the Central Government hereby appoints the 18th day of May, 2016 as the CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/Commencement-of-section-229-sections-435-to-438-and-440-of-Companies-Act-2013/3102.html

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Govt designates Special courts U/s. 435 of Companies Act, 2013 Posted: 19 May 2016 09:47 PM PDT S.O. 1796 (E).-In exercise of the powers conferred by sub-section (1) of section 435 of the Companies Act, 2013 (18 of 2013), the Central Government hereby, after obtaining the concurrence of the resp CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/Govt-designates-Special-courts-Us.-435-of-Companies-Act-2013/3103.html

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Frauds in UCBs: Changes in Monitoring and Reporting mechanism Posted: 19 May 2016 09:46 PM PDT RBI/2015-16/399 DCBS.CO.Cir.No.001/12.17.001/2015-16 May 19, 2016 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir / Madam, Frauds in UCBs: Changes in Monitori CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Frauds-in-UCBs-Changes-in-Monitoring-and-Reporting-mechanism/3104.html

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Investment in Credit Information Companies Posted: 19 May 2016 09:46 PM PDT RBI/2015-16/400 DBR.CID.BC.No.98/20.16.042/2015-16 May 19, 2016 All Credit Information Companies Investment in Credit Information Companies In exercise of the powers conferred by sub-sect CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Investment-in-Credit-Information-Companies/3105.html

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Money Transfer Service Scheme - Submission of statement/returns under XBRL Posted: 19 May 2016 09:44 PM PDT http://www.casansaar.com/notification-FEMA/Money-Transfer-Service-Scheme---Submission-of-statementreturns-under-XBRL/3106.html CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Money-Transfer-Service-Scheme---Submission-of-statementreturns-under-XBRL/3106.html

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Rupee Drawing Arrangement - Submission of statement/returns under XBRL Posted: 19 May 2016 09:44 PM PDT RBI/2015-16/402 A.P. (DIR Series) Circular No.71 May 19, 2016 To All Authorised Dealer Category - I Banks Rupee Drawing Arrangement - Submission of statement/returns under XBRL Madam / CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Rupee-Drawing-Arrangement---Submission-of-statementreturns-under-XBRL/3107.html

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Repo / Reverse Repo Transactions with RBI Posted: 19 May 2016 09:42 PM PDT RBI/2015-2016/403 FMRD.DIRD. 10 /14.03.002/2015-16 May 19, 2016 All RBI regulated eligible entities Dear Sir, Repo / Reverse Repo Transactions with RBI Please refer to our circula CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Repo-Reverse-Repo-Transactions-with-RBI/3108.html

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Cessation of UBS AG as a banking company within the meaning of sub-section (2) of Section 36(A) of the Banking Regulation Act, 1949 Posted: 19 May 2016 09:42 PM PDT RBI/2015-16/404 DBR.No.Ret.BC.100/12.07.124A/2015-16 May 19, 2016 All Scheduled Commercial Banks Dear Sir, Cessation of UBS AG as a banking company within th CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Cessation-of-UBS-AG-as-a-banking-company-within-the-meaning-of-sub-section-2-of-Section-36A-of-the-Banking-Regulation-Act-1949/3109.html

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DOWNLOAD THE COMPANIES (AMENDMENT) BILL, 2016 Posted: 19 May 2016 09:40 PM PDT DOWNLOAD THE COMPANIES (AMENDMENT) BILL, 2016: CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Cessation-of-UBS-AG-as-a-banking-company-within-the-meaning-of-sub-section-2-of-Section-36A-of-the-Banking-Regulation-Act-1949/3109.html

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Test your knowledge & answer the query?

Posted: 19 May 2016 09:40 PM PDT relinquishment of  lease building and getting money capital gain or other income any deduction available CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Income-Tax/incometax/5304.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

Larry King tweeted: Congratulations to the incomparable @celinedion on her well deserved Billboard Music Icon Award!! #TheShowMustGoOn #icon Posted: 23 May 2016 02:46 AM PDT   Popular in your network Larry King  @kingsthings   Congratulations to the incomparable @celinedion on her well deserved Billboard Music Icon Award!! #TheShowMustGoOn #icon       View on Twitter       IndiaGlitz - Tamil @igtamil   1 in 200 matches @superstarrajini 's magic #Kabali @beemji goo.gl/j0gXrq       View on Twitter       Ramesh @rameshlaus   Don't get carried away by the classy reviews of #KammatiPaadam - It has enough Mass for @dulQuer fans..       View on Twitter       Umair Sandhu @sandhumerry   #KatrinaKaif to star opposite @BeingSalmanKhan in #RajKumarSantoshi's next flick. It will release on Diwali 2017.       View on Twitter       Samantha Ruth Prabhu  @Samanthaprabhu2   No more talk of marriage until I say so ... I I I I ME ME ME ME aka SAMANTHA says so . Thankyou 😘😘😘😘😘       View on Twitter       Al Roker  @alroker   Dinner tonight: Baked ziti with tempeh, mushrooms and peppers       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Income Tax dept to name & shame crorepati' defaulters this yr
• Chartered Accountants, merchant bankers to determine FMV in indirect transfers
• Tax department issues draft rules on capital gains computation
• Email based IT assessment:Hyd, Kol added to scheme
• Furnishing of UID in Form 15G/15H for Q3 & Q4 of FY 2015-16
• The insolvency and bankruptcy code 2016
• Partner / CA Employee Required

• Test your knowledge & answer the query?

Income Tax dept to name & shame crorepati' defaulters this yr Posted: 24 May 2016 07:52 PM PDT The Income Tax department, beginning this financial year, has decided to 'name and shame' all category of taxpayers who have a default of Rs one crore and above. The department has begun pu CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-to-name-shame-crorepati-defaulters-this-yr/7961.html

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Chartered Accountants, merchant bankers to determine FMV in indirect transfers Posted: 24 May 2016 07:51 PM PDT Chartered accountants or merchant bankers will compute the fair market value (FMV) of assets in case of indirect transfer of assets by overseas companies on arm’s length basis, the rev CLICK ON THE LINK... http://www.casansaar.com/news-Chartered-Accountant/Chartered-Accountants-merchant-bankers-to-determine-FMV-in-indirect-transfers/7960.html

for detail visit www.casansaar.com

Tax department issues draft rules on capital gains computation Posted: 24 May 2016 07:50 PM PDT The income tax department on Monday put out draft rules to assess the value of the assets of a multinational company in India and abroad in an attempt to provide clarity for levy of capital CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Tax-department-issues-draft-rules-on-capital-gains-computation/7959.html

for detail visit www.casansaar.com

Email based IT assessment:Hyd, Kol added to scheme Posted: 24 May 2016 07:49 PM PDT The Income Tax department has decided to extend its ambitious email-based pilot assessment project to two more cities, in addition to the existing five metros, in an effort to ensure paperless communi CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Email-based-IT-assessmentHyd-Kol-added-to-scheme/7958.html

for detail visit www.casansaar.com

Furnishing of UID in Form 15G/15H for Q3 & Q4 of FY 2015-16 Posted: 24 May 2016 07:48 PM PDT F.No 142/32/2015-TPL Government of India Ministry of Finance Department  of Revenue Central Board of Direct Taxes (TPL Division) Circular No 18/2016– Dated 23rd, May 2016 CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Furnishing-of-UID-in-Form-15G15H-for-Q3-Q4-of-FY-2015-16/3110.html

for detail visit www.casansaar.com

The insolvency and bankruptcy code 2016 Posted: 24 May 2016 07:47 PM PDT The insolvency and bankruptcy code 2016 CLICK ON THE LINK... http://www.casansaar.com/files-Corporate-Law-The-insolvency-and-bankruptcy-code-2016/5842.html

for detail visit www.casansaar.com

Partner / CA Employee Required Posted: 24 May 2016 07:47 PM PDT Dear professional Colleagues We are Chandigarh based CAG empanelled , CAT-II  firm , with office in Punjab , Haryana , Himachal, Delhi & Mumbai We require DISA qualified partners  for o CLICK ON THE LINK.. http://www.casansaar.com/classified-ads-Partners-Required/Partner-CA-Employee-Required/4988.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 24 May 2016 07:46 PM PDT One of my clients has to pay testing charges of its product to NRI company. whether it will attract TDS or not. CLICK ON THE LINK TO ANSWER. http://www.casansaar.com/queries-Income-Tax/TDS-ON-PAYMENT-OF-TESTING-CHARGES-TO-NRI-COMPANY/5326.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• RBI's AQR shows banks were hiding nearly half of their NPAs
• SEBI To Delist 4,200 Firms; Warns Erring Promoters, Auditors
• Accounting code for payment of Krishi Kalyan Cess
• Credit information reporting in respect of Self Help Group (SHG) members
• Memorandum of Procedure for channeling transactions through Asian Clearing Union (ACU)
• Compounding of Contraventions under FEMA, 1999
• ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions
• Additional modules for caution listing of exporters, reporting of advance remittance for exports and migration of old XOS data

• Required Partner on Profit Sharing Basis

• TDS -INTEREST OTHER THAN INTEREST ON SECURITIES

RBI's AQR shows banks were hiding nearly half of their NPAs Posted: 26 May 2016 07:36 PM PDT Reserve Bank of India (RBI) Governor Raghuram Rajan’s insistence on a “deep surgery” to help banks regain health has uncovered that nearly half of the lenders’ stressed assets CLICK ON THE LINK,,,, http://www.casansaar.com/news-RBI/RBIs-AQR-shows-banks-were-hiding-nearly-half-of-their-NPAs/7964.html

for detail visit www.casansaar.com

SEBI To Delist 4,200 Firms; Warns Erring Promoters, Auditors Posted: 26 May 2016 07:35 PM PDT In a mammoth clean-up exercise, markets regulator Sebi is planning to push for delisting of over 4,200 listed companies whose shares are not being traded, and promoters refusing to give exit opportuni CLICK ON THE LINK,,, http://www.casansaar.com/news-SEBI/SEBI-To-Delist-4200-Firms-Warns-Erring-Promoters-Auditors/7962.html

for detail visit www.casansaar.com

Accounting code for payment of Krishi Kalyan Cess Posted: 26 May 2016 07:34 PM PDT Chapter VI of the Finance Act, 2015 will come into effect from 1st June, 2016. Krishi Kalyan Cess is leviable on all taxable services, other than services which are fully exempt from Service Tax or se CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Accounting-code-for-payment-of-Krishi-Kalyan-Cess/3112.html

for detail visit www.casansaar.com

Credit information reporting in respect of Self Help Group (SHG) members Posted: 26 May 2016 07:34 PM PDT RBI/2015-16/409 DCBR.BPD.Cir.No.17/16.74.000/2015-16 Jyeshtha 5, 1938 (saka) May 26, 2016 The Chief Executive Officers All Primary (Urban) Co-operative Banks, CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Credit-information-reporting-in-respect-of-Self-Help-Group-SHG-members/3114.html

for detail visit www.casansaar.com

Memorandum of Procedure for channeling transactions through Asian Clearing Union (ACU) Posted: 26 May 2016 07:33 PM PDT RBI/2015-16/411 A.P. (DIR Series) Circular No.72 May 26, 2016 To All Authorised Dealer Category-I Banks Madam / Sir, Memorandum of Procedure for channeling transactions through Asian C CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Memorandum-of-Procedure-for-channeling-transactions-through-Asian-Clearing-Union-ACU/3115.html

for detail visit www.casansaar.com

Compounding of Contraventions under FEMA, 1999 Posted: 26 May 2016 07:32 PM PDT RBI/2015-16/412 A.P. (DIR Series) Circular No.73 May 26, 2016 To All Category - I Authorised Dealer Banks Madam / Sir, Foreign Exchange Management Act, 1999 (FEMA) Foreign Exchange (C CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Compounding-of-Contraventions-under-FEMA-1999/3116.html

for detail visit www.casansaar.com

ATMs - Security and Risk Mitigation Measures for Card Present (CP) Transactions Posted: 26 May 2016 07:31 PM PDT RBI/2015-2016/413 DPSS.CO.PD.No./2895/02.10.002/2015-2016 May 26, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial Banks including RRBs / Urban Co-op CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/ATMs---Security-and-Risk-Mitigation-Measures-for-Card-Present-CP-Transactions/3117.html

for detail visit www.casansaar.com

Additional modules for caution listing of exporters, reporting of advance remittance for exports and migration of old XOS data Posted: 26 May 2016 07:30 PM PDT RBI/2015-16/414 A.P. (DIR Series) Circular No.74 May 26, 2016 To All Category - I Authorised Dealer Banks Madam / Sir, Export Data Processing and Monitoring System (EDPMS) – Addi CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Additional-modules-for-caution-listing-of-exporters-reporting-of-advance-remittance-for-exports-and-migration-of-old-XOS-data/3118.html

for detail visit www.casansaar.com

Required Partner on Profit Sharing Basis Posted: 26 May 2016 07:29 PM PDT We are Kolkata based Partnership Firm. We required DISA qualified ACA on profit sharing from Bhubaneswar / Cuttack / Dibrugarh / Tinsukia / Bangalore / Chennai / Hyderabad / Srinagar / Jammu / Goa CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/Required-Partner-on-Profit-Sharing-Basis/4983.html

for detail visit www.casansaar.com

TDS -INTEREST OTHER THAN INTEREST ON SECURITIES Posted: 26 May 2016 07:28 PM PDT Is Interest paid on fixed deposits of co-operative societies and PACS (Primary Agriculture credit society) by a Co-operative bank liable for TDS U/S 194A of the Income Tax Act ?If no please give detai CLICK ON THE LINK.. http://www.casansaar.com/queries-Income-Tax/TDS--INTEREST-OTHER-THAN-INTEREST-ON-SECURITIES/5328.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Mumbai Metro Invites Applications for appointment of Internal Auditor
• CBDT extends e-appeal filing deadline to June 15
• SEBI's new order to listed firms on audit qualifications
• Clarification on implementation of Foreign Account Tax Compliance Act
• Services to become costly from Jun 1, CBEC notifies 0.5% KKC
• CBDT begins consultation with stakeholders on GAAR
• Krishi Kalyan Cess w.e.f. 01/06/2016

• The insolvency and bankruptcy code 2016

• Test your knowledge & answer the query?

Mumbai Metro Invites Applications for appointment of Internal Auditor Posted: 27 May 2016 07:51 PM PDT Mumbai Metro Rail Corporation Invites Applications for appointment of internal auditor of the company for the financial year 2016-17. #casansaar www.casansaar.com CLICK ON THE LINK... http://www.casansaar.com/empanelment-Mumbai-Metro-Invites-Applications-for-appointment-of-Internal-Auditor/1605.html

for detail visit www.casansaar.com

CBDT extends e-appeal filing deadline to June 15 Posted: 27 May 2016 07:43 PM PDT CBDT has extended the time limit for e-filing of the first appeal before a tax officer by a month to June 15 after taking cognisance of complaints made by taxpayers in complying with the exercise, ope CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-extends-e-appeal-filing-deadline-to-June-15/7969.html

for detail visit www.casansaar.com

SEBI's new order to listed firms on audit qualifications Posted: 27 May 2016 07:42 PM PDT The Securities and Exchange Board of India (Sebi) has asked all listed companies to disseminate the cumulative impact of all audit qualifications in a separate format. This is to ensure the informa CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/SEBIs-new-order-to-listed-firms-on-audit-qualifications/7968.html

for detail visit www.casansaar.com

Clarification on implementation of Foreign Account Tax Compliance Act Posted: 27 May 2016 07:41 PM PDT An Inter-Governmental Agreement between India and USA was signed for implementation of Foreign Account Tax Compliance Act (FATCA). The Government of India has also joined the Multilateral Co CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Clarification-on-implementation-of-Foreign-Account-Tax-Compliance-Act-FATCA-and-Common-Reporting-Standard-CRS/7967.html

for detail visit www.casansaar.com

Services to become costly from Jun 1, CBEC notifies 0.5% KKC Posted: 27 May 2016 07:41 PM PDT Eating out, mobile phone usage and air and rail travel will become expensive with the new Krishi Kalyan Cess (KKC) of 0.5 per cent on taxable services coming into force from June.  With imposi CLICK ON THE LINK... http://www.casansaar.com/news-Service-Tax/Services-to-become-costly-from-Jun-1-CBEC-notifies-0.5-KKC/7966.html

for detail visit www.casansaar.com

CBDT begins consultation with stakeholders on GAAR Posted: 27 May 2016 07:40 PM PDT Gearing up to roll out the General Anti-Avoidance Rule (GAAR) from April next to check tax evasion through overseas jurisdictions, the CBDT today initiated a consultation process with general public a CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-begins-consultation-with-stakeholders-on-GAAR/7965.html

for detail visit www.casansaar.com

Krishi Kalyan Cess w.e.f. 01/06/2016 Posted: 27 May 2016 07:38 PM PDT As you are aware that the Finance Act, 2016 has increased the service tax rate to include a new cess, namely Krishi Kalyan Cess, which is applicable w.e.f. 01/06/2016. The effective rate of service ta CLICK ON THE LINK... http://www.casansaar.com/articles-Service-Tax/Krishi-Kalyan-Cess-w.e.f.-01062016/3138.html

for detail visit www.casansaar.com

The insolvency and bankruptcy code 2016 Posted: 27 May 2016 07:37 PM PDT The insolvency and bankruptcy code 2016 CLICK ON THE LINK... http://www.casansaar.com/files-Corporate-Law-The-insolvency-and-bankruptcy-code-2016/5842.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 27 May 2016 07:36 PM PDT Please Confirm Entry Tax applicable on Capital Good or Trading Goods. CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-VAT/Entery-Tax/5327.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• PMIDC invites applications for appointment of Internal Auditor cum Financial Consultant
• Service tax will be 15% from June 1
• Equalisation levy of 6 per cent to come in force from June 1: CBDT
• No TDS for provident fund withdrawals of up to Rs 50,000 from june 1
• SEBI to tighten disclosure rules for credit rating agencies
• SALARIED EMPLOYEES TO SUBMIT PROOF FOR LTA, HRA CLAIMS

• Test your knowledge & answer the query?

• Ramesh tweeted: Team @Sangu_Chakkaram 's interesting take on the famous #Kabali Teaser dialogue.. @Sathish_Klcc

PMIDC invites applications for appointment of Internal Auditor cum Financial Consultant Posted: 30 May 2016 08:06 PM PDT Punjab Municipal Infrastructure Development Board - Expression of Interest from Chartered Accountant firm for appointment of Internal Auditor cum Financial consultant CLICK ON THE LINK... http://www.casansaar.com/empanelment-PMIDC-invites-applications-for-appointment-of-Internal-Auditor-cum-Financial-consultant/1606.html

for detail visit www.casansaar.com

Service tax will be 15% from June 1 Posted: 30 May 2016 08:04 PM PDT Come Wednesday, consumers will now have to dole out an additional 0.5 per cent cess for various services, taking the total service tax to 15 per cent. In the last budget, the total serv CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Service-tax-will-be-15-from-June-1/7973.html

for detail visit www.casansaar.com

Equalisation levy of 6 per cent to come in force from June 1: CBDT Posted: 30 May 2016 08:03 PM PDT Equalisation levy of 6 per cent on services pertaining to cross border digital transactions will come into effect from June 1. At present, equalisation levy is leviable only on payments CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/Equalisation-levy-of-6-per-cent-to-come-in-force-from-June-1-CBDT/7972.html

for detail visit www.casansaar.com

No TDS for provident fund withdrawals of up to Rs 50,000 from june 1 Posted: 30 May 2016 08:02 PM PDT No tax would be deducted at source for provident fund (PF) withdrawals of up to Rs 50,000 from June 1. The government has notified raising the threshold limit of PF withdrawal for deduction of tax  CLICK ON THE LINK... http://www.casansaar.com/news-TDS/No-TDS-for-provident-fund-withdrawals-of-up-to-Rs-50000-from-june-1/7971.html

for detail visit www.casansaar.com

SEBI to tighten disclosure rules for credit rating agencies Posted: 30 May 2016 08:01 PM PDT To safeguard investors' interest, capital markets regulator Securities and Exchange Board of India (Sebi) might soon ask credit rating agencies (CRAs) to make greater disclosure about suspension a CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/SEBI-to-tighten-disclosure-rules-for-credit-rating-agencies/7970.html

for detail visit www.casansaar.com

SALARIED EMPLOYEES TO SUBMIT PROOF FOR LTA, HRA CLAIMS Posted: 30 May 2016 08:00 PM PDT The CBDT (Central Board of Direct Taxes) has introduced a new form (Form 12 BB) for claiming tax deduction towards LTA, LTC, HRA & interest paid for home loans. The new form mandates people to fur CLICK ON THE LINK... http://www.casansaar.com/articles-Income-Tax/SALARIED-EMPLOYEES-TO-SUBMIT-PROOF-FOR-LTA-HRA-CLAIMS/3140.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 30 May 2016 07:59 PM PDT PLEASE LET ME KNOW WHETHER TDS IS APPLICABLE AND MANDATORY ON INTEREST ON LOAN FROM NBFC BY PROPRIETORSHIP ORGANISATION FALL UNDER AUDIT U/S 44 AB OF INCOME TAX ACT, FURTHER TDS IS TO BE REFUNDED BY N CLICK ON THE ;LINK... http://www.casansaar.com/queries-Income-Tax/TDS-APPLICABILITY-ON-INTEREST-PAID-TO-NBFC-BY-PROPRIETORSHIP-ORGANISATION-FALL-UNDER-AUDIT-US-44AB-OF-INCOME-TAX-ACT/5329.html

for detail visit www.casansaar.com

Ramesh tweeted: Team @Sangu_Chakkaram 's interesting take on the famous #Kabali Teaser dialogue.. @Sathish_Klcc Posted: 30 May 2016 02:02 AM PDT   Popular in your network Ramesh @rameshlaus   Team @Sangu_Chakkaram 's interesting take on the famous #Kabali Teaser dialogue.. @Sathish_Klcc       View on Twitter       IndiaGlitz - Tamil @igtamil   "I am not a Star- I a Common Man "- SIMBU youtu.be/sSkyssqH1aA RED CARPET- #IdhuNammaAalu spl @iam_str @sri50 pic.twitter.com/DdRvc0hGiI       View on Twitter       Larry King  @kingsthings   The law of holes is, "When you're in one, stop digging"... #ItsMy2Cents       View on Twitter       Umair Sandhu @sandhumerry   Superstar @ShraddhaKapoor & #AdityaRoyKapur #OKJaanu will release on 13th January 2017. WOW !       View on Twitter       Al Roker  @alroker   Dinner tonight!!       View on Twitter       MTV  @MTV   T-Rextasy Just Wanna Be Punk Rockers on.mtv.com/20L5tZ0       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• EOI from CA Firms for internal audits of Head office & 38 districts
• Pay 1% tax on cash buy of goods,services over Rs2 Lakh
• Four month window to disclose black money opens today
• LLP form 11 date extended to 30.06.2016 & waiver of late fee - MCA
• CBEC notifies Indirect Tax Dispute Resolution Scheme Rules, 2016
• Custom Circular - Procedure regarding filing of ex-bond bill of entry
• Custom Circular - Security under section 59 (3) of the Customs Act

• Test your knowledge & answer the query?

EOI from CA Firms for internal audits of Head office & 38 districts Posted: 31 May 2016 08:38 PM PDT Expression of interest for hiring of CA firms for internal audits of head office & thirty eighty districts with its BPIUS in Bihar rural livelihoods promotion society for the FY 2016-17. CLICK ON THE LINK... http://www.casansaar.com/empanelment-EOI-from-CA-Firms-for-internal-audits-of-Head-office-38-districts-of-Bihar-rural-livelihoods-promotion-society/1608.html

for detail visit www.casansaar.com

Pay 1% tax on cash buy of goods,services over Rs2 Lakh Posted: 31 May 2016 08:22 PM PDT Payment in cash for buying goods and services worth more than Rs 2 lakh with the exception of jewellery will attract 1 per cent tax collected at source (TCS) from tomorrow. The existing TCS of 1 pe click on the link... http://www.casansaar.com/news-Income-Tax/Pay-1-tax-on-cash-buy-of-goodsservices-over-Rs2-Lakh/7975.html

for detail visit www.casansaar.com

Four month window to disclose black money opens today Posted: 31 May 2016 08:10 PM PDT The Income Declaration Scheme will open today and will remain in force till 30th of September. The Scheme is part of Finance Act, 2016 and seeks to provide an opportunity to all persons who have not d CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Four-month-window-to-disclose-black-money-opens-today/7974.html

for detail visit www.casansaar.com

LLP form 11 date extended to 30.06.2016 & waiver of late fee - MCA Posted: 31 May 2016 08:08 PM PDT Relaxation of additional fees and extension of time for filing of e­-Forms by the Companies under Companies Act, 2013 and for filing of Annual Return (Form 11 ) by the LLPs under the Limited Liabi CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/LLP-form-11-date-extended-to-30.06.2016-waiver-of-late-fee---MCA/3122.html

for detail visit www.casansaar.com

CBEC notifies Indirect Tax Dispute Resolution Scheme Rules, 2016 Posted: 31 May 2016 08:07 PM PDT G.S.R. (E). - In exercise of the power conferred by sub-sections (1) and (2) of section 218 of the Finance Act, 2016, (28 of 2016), the Central Government hereby makes the following rules, namely:- CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/CBEC-notifies-Indirect-Tax-Dispute-Resolution-Scheme-Rules-2016/3121.html

for detail visit www.casansaar.com

Custom Circular - Procedure regarding filing of ex-bond bill of entry Posted: 31 May 2016 08:06 PM PDT Section 68 of the Customs Act, 1962 requires the filing of a bill of entry (ex-bond bill of entry) for clearance of any warehoused goods for home consumption. At present, the ex-bond bills of entry ar CLICK ON THE LINK... http://www.casansaar.com/notification-Custom/Custom-Circular---Procedure-regarding-filing-of-ex-bond-bill-of-entry/3120.html

for detail visit www.casansaar.com

Custom Circular - Security under section 59 (3) of the Customs Act Posted: 31 May 2016 08:05 PM PDT Section 59 of the Customs Act, 1962 (as amended by Finance Act 2016) requires an importer of goods filing a bill of entry for warehousing to submit a Bond in a sum equal to thrice the amount of duty a CLICK ON THE LINK... http://www.casansaar.com/notification-Custom/Custom-Circular---Security-under-section-59-3-of-the-Customs-Act/3119.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 31 May 2016 08:00 PM PDT What is the VAt rate on school bag above rs 500 in Rajasthan. as there is no rate mentioned for this in the schedule CLICK ON THE LINK... http://www.casansaar.com/queries-VAT/Vat-Rate/5323.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Govt notifies constitution of National Company Law Tribunal
• Black money window: Income Tax dept to publish list of asset valuers
• Income Tax dept made info exchange requests to many countries
• NO KRISHI KALYAN CESS ON DEBTORS AS ON 13th MAY’ 2016 (PART -2)
• Custom Circular - Manner of payment of interest on warehoused goods
• Bad Debt admissible if written off as irrecoverable in books: CBDT

• Test your knowledge & answer the query?

Govt notifies constitution of National Company Law Tribunal Posted: 01 Jun 2016 07:11 PM PDT The government has constituted the National Company Law Tribunal (NCLT) which would help in expediting adjudication matters under the companies law.  The tribunal and its appellate a CLICK ON THE LINK.... http://www.casansaar.com/news-Companies-Act/Govt-notifies-constitution-of-National-Company-Law-Tribunal/7978.html

for detail visit www.casansaar.com

Black money window: Income Tax dept to publish list of asset valuers Posted: 01 Jun 2016 07:10 PM PDT The Income Tax department will soon put out a list of registered valuers of various categories of assets for those who wish to declare their untaxed funds and properties under the one-time domestic bl CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Black-money-window-Income-Tax-dept-to-publish-list-of-asset-valuers-soon/7977.html

for detail visit www.casansaar.com

Income Tax dept made info exchange requests to many countries Posted: 01 Jun 2016 07:09 PM PDT The Income Tax department had made overseas information exchange requests to a clutch of countries, including some tax havens, in connection with a tax evasion probe against Delhi-based defe CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-made-info-exchange-requests-to-many-countries/7976.html

for detail visit www.casansaar.com

NO KRISHI KALYAN CESS ON DEBTORS AS ON 13th MAY’ 2016 (PART -2) Posted: 01 Jun 2016 07:07 PM PDT NO KRISHI KALYAN CESS ON DEBTORS AS ON 13th MAY’ 2016 (PART -2) CLICK ON THE ;LINK... http://www.casansaar.com/articles-Service-Tax/NO-KRISHI-KALYAN-CESS-ON-DEBTORS-AS-ON-13th-MAY%E2%80%99-2016-PART--2/3142.html

for detail visit www.casansaar.com

Custom Circular - Manner of payment of interest on warehoused goods Posted: 01 Jun 2016 07:06 PM PDT Section 61 of the Customs Act, 1962 had been amended vide the Finance Act, 1994 whereby the interest payable with respect to warehoused goods was to be calculated with reference to the duty payable at CLICK ON THE LINK... http://www.casansaar.com/notification-Custom/Custom-Circular---Manner-of-payment-of-interest-on-warehoused-goods/3123.html

for detail visit www.casansaar.com

Bad Debt admissible if written off as irrecoverable in books: CBDT Posted: 01 Jun 2016 07:05 PM PDT Admissibility of claim of deduction of Bad Debt under section 36(1) (vii) read with section 36(2) of the Income-Tax Act, 1961- reg CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/Bad-Debt-admissible-if-written-off-as-irrecoverable-in-books-CBDT/3124.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 01 Jun 2016 07:04 PM PDT Can we Transfer the Shares of the Company if Shifting of registered Office from One State to another Petition is pending with Regional Director for approval? CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Transfer-of-Shares/5333.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• NCLT benches to become functional in next few days: MCA
• Income Tax dept notifies declaration forms for untaxed funds
• RBI allows NBFCs to provide takeout financing to infra projects
• TRAI launches mobile app for subscribers to register complaints against pesky calls SMSes
• Cyber Security Framework in Banks
• Refinancing of Project loans
• Requirement of Solvency Certificate for the purposes of Private Warehouse Licensing Regulations 2016
• "Major Tax compliances by Builders & Developers"

• Test your knowledge & answer the query?

NCLT benches to become functional in next few days: MCA Posted: 02 Jun 2016 07:52 PM PDT All the 11 benches of the newly constituted National Company Law Tribunal (NCLT) will be fully functional in next "couple of days", a top Corporate Affairs Ministry (MCA) official  CLICK ON THE LINK... http://www.casansaar.com/news-MCA/NCLT-benches-to-become-functional-in-next-few-days-MCA/7982.html

for detail visit www.casansaar.com

Income Tax dept notifies declaration forms for untaxed funds Posted: 02 Jun 2016 07:50 PM PDT The Income Tax department today notified four new forms for those who wish to declare their untaxed funds and properties under the one-time domestic black money compliance window t CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-notifies-declaration-forms-for-untaxed-funds/7981.html

for detail visit www.casansaar.com

RBI allows NBFCs to provide takeout financing to infra projects Posted: 02 Jun 2016 07:49 PM PDT The Reserve Bank of India (RBI) Thursday allowed non-banking finance companies (NBFC) to provide takeout financing to projects, an option so far available to only banks. In a notification, the ce CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/RBI-allows-NBFCs-to-provide-takeout-financing-to-infra-projects/7980.html

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TRAI launches mobile app for subscribers to register complaints against pesky calls SMSes Posted: 02 Jun 2016 07:48 PM PDT The Telecom Regulatory Authority of India (TRAI) has launched a mobile application for telecom subscribers to register their complaints against pesky calls and SMSes to tighten the noose on telemarket CLICK ON THE LINK... http://www.casansaar.com/news-General/TRAI-launches-mobile-app-for-subscribers-to-register-complaints-against-pesky-calls-SMSes/7979.html

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Cyber Security Framework in Banks Posted: 02 Jun 2016 07:46 PM PDT RBI/2015-16/418 DBS.CO/CSITE/BC.11/33.01.001/2015-16 Jyeshtha 12, 1938 (saka) June 2, 2016 To The Chairman/ Managing Director /Chief Executive Officer A CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Cyber-Security-Framework-in-Banks/3127.html

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Refinancing of Project loans Posted: 02 Jun 2016 07:46 PM PDT RBI/2015-16/417 DNBR.CC.PD.No.082/03.10.001/2015-16 June 02, 2016 To All Non-Banking Financial Companies Dear Sirs, Refinancing of Project Loans Please refer to circular DNBS.( CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Refinancing-of-Project-loans/3126.html

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Requirement of Solvency Certificate for the purposes of Private Warehouse Licensing Regulations 2016 Posted: 02 Jun 2016 07:45 PM PDT Regulation 3 (1) (c) of the Private Warehouse Licensing Regulations, 2016 requires an applicant to furnish a solvency certificate from a scheduled bank for an amount to be specified by the Principal C CLICK ON THE LINK... http://www.casansaar.com/notification-Custom/Requirement-of-Solvency-Certificate-for-the-purposes-of-Private-Warehouse-Licensing-Regulations-2016/3125.html

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"Major Tax compliances by Builders & Developers" Posted: 02 Jun 2016 07:44 PM PDT "Major Tax compliances by Builders & Developers"|CASANSAAR 5843 CLICK ON THE LINK... http://www.casansaar.com/files-General-Major-Tax-compliances-by-Builders-Developers/5843.html

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Test your knowledge & answer the query?

Posted: 02 Jun 2016 07:43 PM PDT Suppose an employee is eligible to withdraw Rs 300000 from P.F. account but he withdraws the same amount in 7 times. Withdrawal amount is below Rs 50000 every withdrawal. Whether TDS will be deducted  CLICK ON THE LINK.. http://www.casansaar.com/queries-Income-Tax/TDS-on-PF/5334.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• State Bank of Mysore invites application for concurrent audit
• ATM-based validation facility activated for e-filing income tax
• Coaching Classes Income of ICAI is exempt u/s 11
• Govt for settlement bad loans, empowering PSBs: FM
• Govt for settlement bad loans, empowering PSBs: FM
• Sebi plans to relax start-up listing norms by next month
• TCS on cash sale of goods or services
• Sec. 14A disallowance can't exceed total expense - CBDT
• TDS RATE CHART FOR F.Y. 2016-17

• Test your knowledge & answer the query?

• Larry King tweeted: Soup tastes better in the winter... #ItsMy2Cents

State Bank of Mysore invites application for concurrent audit Posted: 06 Jun 2016 10:12 PM PDT Application are invited from Eligible Chartered Accountant (CA) Firms for Empanelment as Concurrent Auditors for the year 2016-2017. Note : This is not an express or implied offer of engageme CLICK ON THE LINK... http://www.casansaar.com/empanelment-State-Bank-of-Mysore-invites-application-for-concurrent-audit/1609.html

for detail visit www.casansaar.com

ATM-based validation facility activated for e-filing income tax Posted: 06 Jun 2016 10:04 PM PDT The Income Tax department has launched an ATM-based validation system for filing e-ITRs by taxpayers as part of its measure to enhance the paperless regime of filing the annual IT returns. "No CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/ATM-based-validation-facility-activated-for-e-filing-income-tax/7987.html

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Coaching Classes Income of ICAI is exempt u/s 11 Posted: 06 Jun 2016 10:03 PM PDT In this case Assessing Officer has observed that the assessee is established by the Act of Parliament of ICAI Act of 1949 and the assessee comes under the Ministry of Corporate Affairs. The assessee i CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Coaching-Classes-Income-of-ICAI-is-exempt-us-11/7986.html

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Govt for settlement bad loans, empowering PSBs: FM Posted: 06 Jun 2016 10:02 PM PDT Committing to support NPA-ridden public sector banks, Finance Minister Arun Jaitley on Monday said they would be empowered and protected in case of "commercially prudent" settlement of bad d CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Govt-for-settlement-bad-loans-empowering-PSBs-FM/7985.html

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Govt for settlement bad loans, empowering PSBs: FM Posted: 06 Jun 2016 10:02 PM PDT Committing to support NPA-ridden public sector banks, Finance Minister Arun Jaitley on Monday said they would be empowered and protected in case of "commercially prudent" settlement of bad d CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Govt-for-settlement-bad-loans-empowering-PSBs-FM/7985.html

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Sebi plans to relax start-up listing norms by next month Posted: 06 Jun 2016 10:01 PM PDT To make start-up listing platform more attractive, regulator Sebi plans to relax norms by next month to help them tap this avenue for raising funds as also to give an easier exit opportunity to their  CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/Sebi-plans-to-relax-start-up-listing-norms-by-next-month/7984.html

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TCS on cash sale of goods or services Posted: 06 Jun 2016 10:00 PM PDT Finance Act, 2016 imposed TCS on cash sale of goods or services with effect from 1-6-2016. New Sub Section (1D) of Section 206C is as follow: Every person, being a seller,  CLICK ON THE LINK... http://www.casansaar.com/articles-Income-Tax/TCS-on-cash-sale-of-goods-or-services/3146.html

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Sec. 14A disallowance can't exceed total expense - CBDT Posted: 06 Jun 2016 09:58 PM PDT GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NEW DELHI Notification No. 43/2016, Dated: June 2, 2016 S.O. 1949(E)– In exercise of the pow CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/Sec.-14A-disallowance-cant-exceed-total-expense---CBDT/3128.html

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TDS RATE CHART FOR F.Y. 2016-17 Posted: 06 Jun 2016 09:58 PM PDT TDS RATE CHART FOR F.Y. 2016-17 CLICK ON THE LINK TO DOWNLOAD.. http://www.casansaar.com/files-Income-Tax-TDS-RATE-CHART-FOR-F.Y.-2016-17/5844.html

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Test your knowledge & answer the query?

Posted: 06 Jun 2016 09:53 PM PDT Since TDS is applicable on PF hence whether amount received from the withdrawal of PF will be treated income from other sources?   CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/TDS-of-PF/5337.html

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Larry King tweeted: Soup tastes better in the winter... #ItsMy2Cents Posted: 06 Jun 2016 03:00 AM PDT   Popular in your network Larry King  @kingsthings   Soup tastes better in the winter... #ItsMy2Cents       View on Twitter       Al Roker  @alroker   Late Dinner tonight: Pan Toasted Grouper with toasted almonds, Farro with Arugula, Mint, Basil,… instagram.com/p/BGS9TrKQCPf/       View on Twitter       IndiaGlitz - Tamil @igtamil   #Thodari Trailer Review @dhanushkraja @KeerthyOfficial #PrabhuSolomon goo.gl/m1GU8F       View on Twitter       Umair Sandhu @sandhumerry   #HouseFull3 is BLOCKBUSTER! It collected Fantastic " 53 cr " on Weekend in India. @WardaNadiadwala @NGEMovies @ErosNow @Asli_Jacqueline       View on Twitter       Samantha Ruth Prabhu  @Samanthaprabhu2   They are actually really comfortable 😊😊 twitter.com/mythri89/statu…       View on Twitter       Girish आनंद @MissionUP2017   #KashiSMMeet coverage by @samachar_plus @Gen_VKSingh @4ushashishekhar @ravibhadoria @Shanktan @iAnkitaLal 👍👌💐 YouTube       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• EOI For Empanelment of Internal Auditor for Hindustan Salts Limited.
• Don’t pay service tax to builders, Delhi High Court to homebuyers
• 1% tax at source only on retail sales of motor vehicles: CBDT
• Pay Income Tax dues in advance to avoid last-minute rush - RBI
• CBDT issues Clarifications on TCS applicability on sale of motor vehicles
• Extent of Tax payable by business entity on services provided by senior advocates
• Business entity liable to pay service tax on services provided by senior advocates
• CBEC notifies Tax Exemption on legal services provided by senior advocates
• REQUIRED PARTNERS
• newly introduced 1%tds on cash purchase

EOI For Empanelment of Internal Auditor for Hindustan Salts Limited. Posted: 08 Jun 2016 08:23 PM PDT Expression Of Interest For Empanelment of Internal Auditor for Hindustan Salts Limited. CLICK ON THE LINK... http://www.casansaar.com/empanelment-EOI-For-Empanelment-of-Internal-Auditor-for-Hindustan-Salts-Limited/1610.html

for detail visit www.casansaar.com

Don’t pay service tax to builders, Delhi High Court to homebuyers Posted: 08 Jun 2016 08:01 PM PDT In a judgment that could have ramifications for home buyers across the country, the Delhi High Court has held that service tax cannot be charged on property units in a complex, which include builder f CLICK ON THE LINK... http://www.casansaar.com/news-Service-Tax/Don%E2%80%99t-pay-service-tax-to-builders-Delhi-High-Court-to-homebuyers/7990.html

for detail visit www.casansaar.com

1% tax at source only on retail sales of motor vehicles: CBDT Posted: 08 Jun 2016 08:00 PM PDT The one per cent tax collection at source introduced in this year’s Budget on motor vehicles sold with value exceeding ₹10 lakh will apply only on retail sales transactions, the CBDT CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/1-tax-at-source-only-on-retail-sales-of-motor-vehicles-CBDT/7989.html

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Pay Income Tax dues in advance to avoid last-minute rush - RBI Posted: 08 Jun 2016 07:59 PM PDT The Reserve Bank of India has asked tax-payers to remit their income-tax dues in advance to minimise inconvenience. It has said that last minute rush for paying tax creates problems for both the&nb CLICK ON THE LINK... http://www.casansaar.com/news-RBI/Pay-Income-Tax-dues-in-advance-to-avoid-last-minute-rush---RBI/7988.html

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CBDT issues Clarifications on TCS applicability on sale of motor vehicles Posted: 08 Jun 2016 07:58 PM PDT Amendment in Section 206C vide Finance Act 2016 - Clarification s regarding  Section 206C of the Income-tax Act, 1961 (hereafter referred to as 'Act'), prior to amendment by Finance Ac CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/CBDT-issues-Clarifications-on-TCS-applicability-on-sale-of-motor-vehicles/3132.html

for detail visit www.casansaar.com

Extent of Tax payable by business entity on services provided by senior advocates Posted: 08 Jun 2016 07:57 PM PDT Seeks to amend notification No. 30/2012-Service Tax dated 20th June, 2012, so as to prescribe extent of payment of service tax by a business entity as a recipient of services provided by senior advoca CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Extent-of-Tax-payable-by-business-entity-on-services-provided-by-senior-advocates/3131.html

for detail visit www.casansaar.com

Business entity liable to pay service tax on services provided by senior advocates Posted: 08 Jun 2016 07:57 PM PDT Seeks to amend Service Tax Rules, 1994 so as to specify the business entity as the person liable to service tax in respect of services provided by senior advocates. CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Business-entity-liable-to-pay-service-tax-on-services-provided-by-senior-advocates/3130.html

for detail visit www.casansaar.com

CBEC notifies Tax Exemption on legal services provided by senior advocates Posted: 08 Jun 2016 07:56 PM PDT Seeks to amend notification No. 25/2012 - Service Tax, dated the 20th June, 2012, so as to exempt the legal services provided by senior advocates to a business entity with a turnover up to rupees ten  CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/CBEC-notifies-Tax-Exemption-on-legal-services-provided-by-senior-advocates/3129.html

for detail visit www.casansaar.com

REQUIRED PARTNERS Posted: 08 Jun 2016 07:55 PM PDT We are Chartered Accountants Firm having 4 partners out of which 2 FCA partners with Disa qualified and qualified conrcurrent audit of bank course. We require more partners from pan india. we are regi CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/REQUIRED-PARTNERS/5007.html

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newly introduced 1%tds on cash purchase Posted: 08 Jun 2016 07:54 PM PDT whether new introduced 1% tds is also applicable on business purchase transactions or it is applicable only to transaction of purchase made by ultimate consumer for consumption CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/newly-introduced-1tds-on-cash-purchase/5339.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• CA Professional providing accommodation entries, defrauding revenue, to be debarred from Practice for life time
• SEBI issues stricter KYC, disclosure norms for P-Notes
• SBI begins working on framework for merger of subsidiaries
• CBI to hire tax experts from RBI, other financial institutions
• Required for Merger: CA firms
• Independent Auditors Report for F.Y. 2015-16

• Test your knowledge & answer the query?

CA Professional providing accommodation entries, defrauding revenue, to be debarred from Practice for life time Posted: 12 Jun 2016 08:24 PM PDT Landmark Judgement on Code of Ethics CA professional providing accommodation entries, defrauding revenue, deserves to be debarred from practice for life time - ICAI Vs Vivek Kapoor & Other CLICK ON THE LINK.. http://www.casansaar.com/news-CA/CA-Professional-providing-accommodation-entries-defrauding-revenue-deserves-to-be-debarred-from-practice-for-life-time---HC/7991.html

for detail visit www.casansaar.com

SEBI issues stricter KYC, disclosure norms for P-Notes Posted: 12 Jun 2016 08:22 PM PDT Markets regulator SEBI has put in place a stricter KYC norms and disclosure regime for Participatory Notes. The aim is to make it tougher to use these offshore instruments without disclosing the money CLICK ON THE LINK... http://www.casansaar.com/news-SEBI/SEBI-issues-stricter-KYC-disclosure-norms-for-P-Notes/7992.html

for detail visit www.casansaar.com

SBI begins working on framework for merger of subsidiaries Posted: 12 Jun 2016 08:21 PM PDT The State Bank of India (SBI) has set up a crack team to prepare a framework for amalgamation of five associate banks with itself, even as the political opposition to the proposed move is gaining grou CLICK ON THE LINK... http://www.casansaar.com/news-Banking/SBI-begins-working-on-framework-for-merger-of-subsidiaries/7993.html

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CBI to hire tax experts from RBI, other financial institutions Posted: 12 Jun 2016 08:20 PM PDT CBI is looking for tax experts from RBI and other financial institutions to help it in probing high-profile cases including multi-crore rupees chit-fund scams and alleged loan fraud by businessman Vij CLICK ON THE LINK... http://www.casansaar.com/news-RBI/CBI-to-hire-tax-experts-from-RBI-other-financial-institutions/7994.html

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Required for Merger: CA firms Posted: 12 Jun 2016 08:18 PM PDT WE ARE LOOKING FOR CHARTERED ACCOUNTANT FIRMS ATLEAST 20 YEARS OLD TO MERGE WITH OUR FIRM FROM ALL OVER INDIA ON FIX REMUNERATION. INTERESTED CA FIRMS PLEASE CONTACT MR. DEEPAK AGGARWAL CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/Required-for-Merger-CA-firms/5010.html

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Independent Auditors Report for F.Y. 2015-16 Posted: 12 Jun 2016 08:17 PM PDT Independent Auditors Report for F.Y. 2015-16 CLICK ON THE LINK... http://www.casansaar.com/files-Auditing-Independent-Auditors-Report-for-F.Y.-2015-16/5846.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 12 Jun 2016 08:15 PM PDT In case of a company audit which is not a tax audit, whether Audit Report in Form 3CA will be issued CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Audit-Report/5336.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• OSMC invites application from eligible CA Firms for engagement as Internal Auditors
• Microsoft to buy networking site LinkedIn for $26.2B
• Delhi Govt. introduces Reward scheme for highest tax paying dealers
• MCA notifies Limited Liability Partnership (Second Amendment) Rules 2016
• Spread Over of Shortfall on Sale of NPAs to SCs/RCs
• RBI introduce a Scheme for Sustainable Structuring of Stressed Assets
• Simplification of procedure for Form No. 15G & 15H
• Declaration Format for Salary for FY 2016-17 AY 2017-18

• Test your knowledge & answer the query?

• Al Roker tweeted: Sitting in @SyracuseAirport after my @sunyoswego 40th reunion watching my man, @ReynoldsWolf on @weatherchannel

OSMC invites application from eligible CA Firms for engagement as Internal Auditors Posted: 13 Jun 2016 08:09 PM PDT Invitation for appointment as Internal Auditor by OSMC. Last date extended to 16/06/2016. CLICK ON THE LINK... http://www.casansaar.com/empanelment-OSMC-invites-application-from-eligible-CA-Firms-for-engagement-as-Internal-Auditors/1617.html

for detail visit www.casansaar.com

Microsoft to buy networking site LinkedIn for $26.2B Posted: 13 Jun 2016 08:01 PM PDT Microsoft Corporation will buy LinkedIn Corp for $26.2 billion in its biggest-ever deal announced on Monday, giving the world’s biggest software provider access to an online network of 433 milli  CLICK ON THE LINK... http://www.casansaar.com/news-Merger-Acquisitions/Microsoft-to-buy-networking-site-LinkedIn-for-$26.2B/7996.html

for detail visit www.casansaar.com

Delhi Govt. introduces Reward scheme for highest tax paying dealers Posted: 13 Jun 2016 07:54 PM PDT Delhi Govt. introduces Reward scheme for highest tax paying dealers. F.3(632)/Policy/VAT/2015/PF/363-69 10-06-2016 Good Dealers Reward Scheme CLICK ON THE LINK... http://www.casansaar.com/notification-VAT/Delhi-Govt.-introduces-Reward-scheme-for-highest-tax-paying-dealers/3136.html

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MCA notifies Limited Liability Partnership (Second Amendment) Rules 2016 Posted: 13 Jun 2016 07:53 PM PDT G.S.R (E)..... -ln exercise of the powe$ conferred by sub-sections (l) and (2) of section 79 of the Limited Liability Partnership Act, 2008 (6 of 2009), the Centlal Govelnment hereby makes the followi CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/MCA-notifies-Limited-Liability-Partnership-Second-Amendment-Rules-2016/3137.html

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Spread Over of Shortfall on Sale of NPAs to SCs/RCs Posted: 13 Jun 2016 07:52 PM PDT RBI/2015-16/423 DBR.No.BP.BC.102/21.04.048/2015-16 June 13, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Prudential Norms on Income Recognition, Asset Classification CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Spread-Over-of-Shortfall-on-Sale-of-NPAs-to-SCsRCs/3138.html

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RBI introduce a Scheme for Sustainable Structuring of Stressed Assets Posted: 13 Jun 2016 07:51 PM PDT RBI/2015-16/422 DBR.No.BP.BC.103/21.04.132/2015-16 June 13, 2016 All Scheduled Commercial Banks (Excluding RRBs),  All-India Term-lending and Refinancing Institutions (Exim Bank, NABARD CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/RBI-introduce-a-Scheme-for-Sustainable-Structuring-of-Stressed-Assets/3139.html

for detail visit www.casansaar.com

Simplification of procedure for Form No. 15G & 15H Posted: 13 Jun 2016 07:50 PM PDT DGIT(S)/CPC(TDS)/DCIT/15GH/2016-174539 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax (Systems) New Delhi. Notification No 1/2016 Dated: 09th CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Simplification-of-procedure-for-Form-No.-15G-15H/3140.html

for detail visit www.casansaar.com

Declaration Format for Salary for FY 2016-17 AY 2017-18 Posted: 13 Jun 2016 07:49 PM PDT Declaration Format for Salary for FY 2016-17 AY 2017-18 CLICK ON THE LINK TO DOWNLOAD... http://www.casansaar.com/files-Income-Tax-Declaration-Format-for-Salary-for-FY-2016-17-AY-2017-18/5847.html

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Test your knowledge & answer the query?

Posted: 13 Jun 2016 07:44 PM PDT Dear sirs, I have a client who is working through UP-WORK portel and earning in dollers. He will be taxable under Business and profession. Is there any requirement for getting foreign receipts certifi:  CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Taxability-of-UpWork-receipts/5345.html

for detail visit www.casansaar.com

Al Roker tweeted: Sitting in @SyracuseAirport after my @sunyoswego 40th reunion watching my man, @ReynoldsWolf on @weatherchannel Posted: 13 Jun 2016 02:15 AM PDT   Popular in your network Al Roker  @alroker   Sitting in @SyracuseAirport after my @sunyoswego 40th reunion watching my man, @ReynoldsWolf on @weatherchannel       View on Twitter       Larry King  @kingsthings   Tomorrow has to be a better day… #ItsMy2Cents       View on Twitter       Ramesh @rameshlaus   Vishnuvardhan - @divyaspandana 's Epic #ShivaNagam 's Telugu #Nagabharanam 's #AP/ #Telangana rights acquired by @kegvraja of @StudioGreen2       View on Twitter       Nawazuddin Siddiqui  @Nawazuddin_S   Behooda Video Song Raman Raghav 2.0 YouTube       View on Twitter       MIB India  @MIB_India   #TransformingIndia: Interview with Union Minister Shri @drharshvardhan on completion of two years of Govt: YouTube       View on Twitter       Whistle Adi @WhistleAdi   Check out our #Kabali songs review + facts! YouTube       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• MPPGCL invites application from CAs for outsourcing of accounts relate
• Empanelment of CAs for audit under central exicse/service tax
• Dispensation of GMCS-I by merging its syllabus with Orientation Course
• Punjab National Bank releases updated list of wilful defaulters
• All states support GST, barring Tamil Nadu - FM
• All online purchases to attract GST, says law
• State FMs to meet this week to discuss model GST law
• GST to be levied at first point of transaction: law
• Simplification of procedure in SWIFT for clearance of consignments related to drugs & cosmetics
• Levy of excise duty on readymade garments and made articles of textiles bearing a brand name
• Model GST Law

• Test your knowledge & answer the query?

MPPGCL invites application from CAs for outsourcing of accounts relate Posted: 14 Jun 2016 08:16 PM PDT Outsourcing of accounts related work in the office of CFO, MPPGCL. Last date 16/06/2016 upto 5 pm.  CLICK ON THE LINK... http://www.casansaar.com/empanelment-MPPGCL-invites-application-from-CAs-for-outsourcing-of-accounts-related-work/1620.html

for detail visit www.casansaar.com

Empanelment of CAs for audit under central exicse/service tax Posted: 14 Jun 2016 08:15 PM PDT Empanelment of CAs for audit under central exicse/service tax CLICK ON THE LINK... http://www.casansaar.com/empanelment-Empanelment-of-CAs-for-audit-under-central-exicseservice-tax/1621.html

for detail visit www.casansaar.com

Dispensation of GMCS-I by merging its syllabus with Orientation Course Posted: 14 Jun 2016 08:12 PM PDT The Council has decided to dispense with the General Management and Communication Skills (GMCS) – I Course and merge its syllabus with Orientation Programme. Hence forthwith, it will be known as CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Dispensation-of-GMCS-I-by-merging-its-syllabus-with-Orientation-Course-for-15-days---ICAI/8002.html

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Punjab National Bank releases updated list of wilful defaulters Posted: 14 Jun 2016 08:11 PM PDT Punjab National Bank (PNB), the nation’s second biggest state-run lender, Tuesday declared a list of 913 wilful defaulters, including Kingfisher Airlines and NAFED, with total outstand CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Punjab-National-Bank-releases-updated-list-of-wilful-defaulters/8001.html

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All states support GST, barring Tamil Nadu - FM Posted: 14 Jun 2016 08:10 PM PDT Virtually all states have supported the idea of GST except the southeastern Indian state of Tamil Nadu which has "some reservations", the Indian Finance minister Arun Jaitley said on Tuesday CLICK ON THE LINK... http://www.casansaar.com/news-GST/All-states-support-GST-barring-Tamil-Nadu---FM/8000.html

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All online purchases to attract GST, says law Posted: 14 Jun 2016 08:09 PM PDT All purchases made online will attract a uniform Goods and Services Tax, likely to take effect from April next year, according to the model Goods and Services Tax (GST) law approved by state finance m CLICK ON THE LINK... http://www.casansaar.com/news-GST/All-online-purchases-to-attract-GST-says-law/7999.html

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State FMs to meet this week to discuss model GST law Posted: 14 Jun 2016 08:08 PM PDT Amid hopes of long pending GST bill getting passed in Rajya Sabha in the next Parliament session, state finance ministers will deliberate on the model GST law at a two-day meeting in Kolkata beginning CLICK ON THE LINK,,,, http://www.casansaar.com/news-GST/State-FMs-to-meet-this-week-to-discuss-model-GST-law/7998.html

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GST to be levied at first point of transaction: law Posted: 14 Jun 2016 08:08 PM PDT Sale of goods and services and all online purchases will attract Goods and Services Tax (GST) at the first point of transaction with the likely rollout of uniform GST regime from April 2017. The mo CLICK ON THE LINK... http://www.casansaar.com/news-GST/GST-to-be-levied-at-first-point-of-transaction-law/7997.html

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Simplification of procedure in SWIFT for clearance of consignments related to drugs & cosmetics Posted: 14 Jun 2016 08:07 PM PDT Kind reference is invited to Board's Circular No. 03/2016 dated 03.02.2016 and Circular No. 10/2016 dated 15.03.2016 regarding the Indian Customs Single Window. Central Board of Excise and Customs CLICK ON THE LINK... http://www.casansaar.com/notification-Custom/Simplification-of-procedure-in-SWIFT-for-clearance-of-consignments-related-to-drugs-cosmetics/3142.html

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Levy of excise duty on readymade garments and made articles of textiles bearing a brand name Posted: 14 Jun 2016 08:06 PM PDT Levy of excise duty on readymade garments and made articles of textiles bearing a brand name or sold under a brand name and having a retail sale price of Rs. 1000 or more – reg. CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/Levy-of-excise-duty-on-readymade-garments-and-made-articles-of-textiles-bearing-a-brand-name/3141.html

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Model GST Law Posted: 14 Jun 2016 08:05 PM PDT Model GST Law CLICK ON THE LINK... http://www.casansaar.com/files-GST-Model-GST-Law/5848.html

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Test your knowledge & answer the query?

Posted: 14 Jun 2016 08:04 PM PDT

Dear sirs, I have a client who is working through UP-WORK portel and earning in dollers. He will be taxable under Business and profession. Is there any requirement for getting foreign receipts certifi CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Taxability-of-UpWork-receipts/5345.html for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• SPMCIL invites application of CA for appointment as concurrent auditor
• NSEL scam: Gujarat high court issues notice to RBI
• Cabinet clears bill for speedy recovery of bad loans
• Cabinet approves merger of 5 associate banks with SBI
• Speedy disbursal of pending refund claims of exporters of services
• Changes in Income Tax Provisions Wef. 01.06.2016

• Test your knowledge & answer the query?

SPMCIL invites application of CA for appointment as concurrent auditor Posted: 15 Jun 2016 08:13 PM PDT REQUEST FOR PROPOSAL FOR ENGAGING CHARTERED ACCOUNTANT  FIRM/LLP AS CONCURRENT AUDITER AND ADVISOR FOR SPMCIL EPF TRUST FORMED UNDER EPF & MP ACT, 1952 FOR THE F.Y. 2016-2017. Last d CLICK ON THE LINK... http://www.casansaar.com/empanelment-SPMCIL-invites-application-of-CA-for-appointment-as-concurrent-auditor/1624.html

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NSEL scam: Gujarat high court issues notice to RBI Posted: 15 Jun 2016 08:08 PM PDT The Gujarat high court on Tuesday issued a notice to the Reserve Bank of India (RBI), asking why the National Spot Exchange Ltd was allowed to run a payment and settlement system without aut CLICK ON THE LINK... http://www.casansaar.com/news-RBI/NSEL-scam-Gujarat-high-court-issues-notice-to-RBI/8005.html

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Cabinet clears bill for speedy recovery of bad loans Posted: 15 Jun 2016 08:08 PM PDT Cabinet today approved a bill seeking to amend the debt recovery laws with an overall objective of improving the ease of doing business. "Cabinet approves ex-facto 'The Enforcement of Secu CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Cabinet-clears-bill-for-speedy-recovery-of-bad-loans/8004.html

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Cabinet approves merger of 5 associate banks with SBI Posted: 15 Jun 2016 08:07 PM PDT The Union Cabinet on Wednesday approved the merger of five associate banks — State Bank of Bikaner and Jaipur, State Bank of Travancore, State Bank of Patiala, State Bank of Mysore and Stat CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Cabinet-approves-merger-of-5-associate-banks-with-SBI/8003.html

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Speedy disbursal of pending refund claims of exporters of services Posted: 15 Jun 2016 08:06 PM PDT Speedy disbursal of pending refund claims of exporters of services under rule 5 of the CENVAT Credit Rules, 2004 CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Speedy-disbursal-of-pending-refund-claims-of-exporters-of-services/3143.html

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Changes in Income Tax Provisions Wef. 01.06.2016 Posted: 15 Jun 2016 08:05 PM PDT Changes in Income Tax Provisions Wef. 01.06.2016 CLICK ON THE LINK... http://www.casansaar.com/files-Income-Tax-Changes-in-Income-Tax-Provisions-Wef.-01.06.2016/5845.html

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Test your knowledge & answer the query?

Posted: 15 Jun 2016 08:03 PM PDT PROCESS OF D VAT REGISTRATION CERTIFICATE CANCELLATION ONLINE & MANUALLY EXPLAIN ME STEPS BY STEPS CLICK ON THE LINK... http://www.casansaar.com/queries-Students/DVAT-REGISTRATION-CANCELLATION/5341.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Canara Bank invites applications for Empanelment of Concurrent Auditor Posted: 17 Jun 2016 12:15 AM PDT Canara Bank invites applications from the eligible/interested Proprietary Concerns / Firms / Companies for empanelment as Concurrent Auditors for conducting Continuous/Concurrent Audit in the identified 40 Specialized branches/Units and another 698 other branches / units for the period from 01.07.2016 to 30.06.2017. Terms and conditions for Appointment, Fee structure, Methodology for application/ selection, conducting audit/reporting and review of performance of the auditors are furnished for 40 Specialized branches/Units and for other 698 branches / units. The letter of Acceptance, undertaking letter and do’s and don’ts to be sent by the selected auditors on receiving the offer letter by way of e-mail from the Bank is furnished inAnnexure I, II & III. The list of identified 40 Specialized branches/Units in annexure IV  and other 698 branches / units in annexure V is furnished with eligible fee. Eligible/interested Proprietary Concerns / Firms / Companies, who are agreeable to the above terms & conditions, may apply online only in the application, on or before 30.06.2016 Applications received through online only will be entertained and no other mode will be considered.  Existing empanelled auditors / firms need to apply afresh. Those who are completing three years Concurrent Audit assignment in Canara Bank as on 30.06.2016 are not eligible to apply.  Please note that hard copies of application/annexures should not be sent to the Bank unless called for. Bank will not entertain any correspondence/ communication from the applying firms till selection of the firms. Place : BangaloreDate  :  16.06.2016      Click on Link for online applicationhttps://canarabankcsis.in/ext_audit/Default.aspx

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Yoga Programme by NIRC on 21st June 2016 (6 .45 AM Onwards)
• CBDT notifies tax exemption on investments above fair market rate for
• ICAI urges Govt to Introduce double entry accounts system
• NRIs can now join NPS online through eNPS: Finance Ministry
• NRIs can now join NPS online through eNPS: Finance Ministry
• MODEL GST LAW 2016 RELEASED

• TDS RATE CHART FOR F.Y. 2016-17

• Test your knowledge & answer the query?

Yoga Programme by NIRC on 21st June 2016 (6 .45 AM Onwards) Posted: 19 Jun 2016 07:43 PM PDT Plz attend Program on YOGA (on the occasion of 2nd International Day of Yoga) on 21st June 16 at 6.45 AM at Institution of Engineers, Near ITO Metro Station Delhi. CLICK ON THE LINK... http://www.casansaar.com/event-Chartered-Accountant/Yoga-Programme-by-NIRC-on-21st-June-2016-6-.45-AM-Onwards/102.html

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CBDT notifies tax exemption on investments above fair market rate for Posted: 19 Jun 2016 07:37 PM PDT In a major incentive, startups can now issue shares to investors at higher than fair value without worrying about tax consequences.  The Central Board of Direct Taxes (CBDT) has notified the m CLICK ON THE LINK,,,, http://www.casansaar.com/news-CBDT/CBDT-notifies-tax-exemption-on-investments-above-fair-market-rate-for-startups/8008.html

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ICAI urges Govt to Introduce double entry accounts system Posted: 19 Jun 2016 07:37 PM PDT The Institute of Chartered Accountants of India (ICAI) has sought the Union government to use double entry accounts system in all its departments, being used across all nations barring India. The CLICK ON THE LINK.. http://www.casansaar.com/news-ICAI/ICAI-urges-Govt-to-Introduce-double-entry-accounts-system/8007.html

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NRIs can now join NPS online through eNPS: Finance Ministry Posted: 19 Jun 2016 07:36 PM PDT Government today said non resident indians (NRIs) can now open National Pension Savings (NPS) accounts online if they have Aadhaar Card or PAN card. Till now, NRIs could open NPS accounts only through CLICK ON THE LINK,,,, http://www.casansaar.com/news-Finance/NRIs-can-now-join-NPS-online-through-eNPS-Finance-Ministry/8006.html

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NRIs can now join NPS online through eNPS: Finance Ministry Posted: 19 Jun 2016 07:36 PM PDT Government today said non resident indians (NRIs) can now open National Pension Savings (NPS) accounts online if they have Aadhaar Card or PAN card. Till now, NRIs could open NPS accounts only through CLICK ON THE LINK,,,, http://www.casansaar.com/news-Finance/NRIs-can-now-join-NPS-online-through-eNPS-Finance-Ministry/8006.html

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MODEL GST LAW 2016 RELEASED Posted: 19 Jun 2016 07:34 PM PDT MODEL GST LAW 2016 RELEASED The Empowered committee of State Finance Ministers has released the much awaited model GST law June, 2016 for public debate. The new law has two Acts:- click on the link.... http://www.casansaar.com/articles-GST/MODEL-GST-LAW-2016-RELEASED/3151.html

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TDS RATE CHART FOR F.Y. 2016-17 Posted: 19 Jun 2016 07:32 PM PDT TDS RATE CHART FOR F.Y. 2016-17 CLICK ON THE LINK TO DOWNLOAD... http://www.casansaar.com/files-Income-Tax-TDS-RATE-CHART-FOR-F.Y.-2016-17/5844.html

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Test your knowledge & answer the query? Posted: 19 Jun 2016 09:36 PM PDT Our Company is sold Land and cash received against sale of Land. it is mentioned in Registry that Amount Paid through cheque as well as cash at the time of Registry. My question is that whether Sec CLICK ON THE LINK.... http://www.casansaar.com/queries-Income-Tax/Cash-received-against-sale-of-Land/5353.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Presumptive Taxation: No Audit for turnover of up to Rs 2 Crore
• Govt announces 100% FDI in Defence, Pharma, Single Brand Retail, Aviation
• Quarterly Revision of Interest Rates for Small Savings Schemes
• Online submission of form 15G and 15H
• Model GST Law

• Test your knowledge & answer the query?

• Dr Anish Kumar™ tweeted: Dear @ArvindKejriwal is your Mohalla Clinic some kind of joke? Why the hell u need Widal Test for diagnosis of URTI?

Presumptive Taxation: No Audit for turnover of up to Rs 2 Crore Posted: 20 Jun 2016 09:34 PM PDT The Finance Ministry on Monday said small businesses with a total turnover of up to Rs 2 crore will not be required to get their accounts audited if they opt for the presumptive taxation scheme. &q CLICK ON THE LINK... http://www.casansaar.com/news-Auditing/Presumptive-Taxation-No-Audit-for-turnover-of-up-to-Rs-2-Crore/8011.html

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Govt announces 100% FDI in Defence, Pharma, Single Brand Retail, Aviation Posted: 20 Jun 2016 09:33 PM PDT Government today approved 100 per cent FDI in a host of sectors including civil aviation, defence, pharma and single brand retail sector under automatic route. Other sectors in which FDI norms have be CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Govt-announces-100-FDI-in-Defence-Pharma-Single-Brand-Retail-Aviation-sectors/8010.html

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Quarterly Revision of Interest Rates for Small Savings Schemes Posted: 20 Jun 2016 09:32 PM PDT On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for  CLICK ON THE LINK... http://www.casansaar.com/news-Finance/Quarterly-Revision-of-Interest-Rates-for-Small-Savings-Schemes/8009.html

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Online submission of form 15G and 15H Posted: 20 Jun 2016 09:30 PM PDT Submission of Form 15G/ 15H to Income Tax Department   There are certain provisions in the income tax act for deduction of tax at source (TDS) out of certain income like dividend, interest, rent CLICK ON THE LINK... http://www.casansaar.com/articles-TDS/Online-submission-of-form-15G-and-15H/3153.html

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Model GST Law Posted: 20 Jun 2016 09:30 PM PDT Model GST Law CLICK ON THE LINK... http://www.casansaar.com/files-GST-Model-GST-Law/5848.html

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Test your knowledge & answer the query?

Posted: 20 Jun 2016 09:29 PM PDT R/Sir one of my client did not filed annual filing to ROC from 2011. Now they want to appoint one director in the company.Can they be appointed without annual filing to ROC. Thanks & Regards Ravi CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Appointment-of-Director/5357.html

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Dr Anish Kumar™ tweeted: Dear @ArvindKejriwal is your Mohalla Clinic some kind of joke? Why the hell u need Widal Test for diagnosis of URTI? Posted: 20 Jun 2016 03:02 AM PDT   Popular in your network Dr Anish Kumar™ @draksbond   Dear @ArvindKejriwal is your Mohalla Clinic some kind of joke? Why the hell u need Widal Test for diagnosis of URTI?       View on Twitter       Via Times of India Banarasi weaves take the ramp to revival - Times of India Vaibhav Kapoor is tweeting about this.       Read more       Mahesh Vikram Hegde @mvmeet   When Pappu goes on FOREIGN TRIPS for PERSONAL PLEASURE Nobody says anything NaMo goes abroad for the GOOD of COUNTRY Then everybody targets       View on Twitter       Arvind Jha @jalajboy   Shows how badly rattled Modi is with AAP's good work in Delhi & buildup in Goa, Guj, Punjab. AK must be stopped. twitter.com/sardesairajdee…       View on Twitter       kanimozhi @kanimozhi   Stringent Anti Conversion bill is vital to stop Relgious conversion. Till then support #NoVisa2Missionaries       View on Twitter       Vimal Sana @vmlsanna9   Yoga Day to be a gala affair at @UN headquarters! #InternationalYogaDay thehansindia.com/posts/index/In…       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Workshop on TDS & TCS by NIRC
• Capital Gain from penny stocks not bogus - ITAT
• Advisory for Members & Students of ICAI in respect of a fake website -
• Encroached property cannot be considered a capital asset:ITAT
• Clarification regarding News Report of Arrest of Tax Defaulters
• Finmin to review domestic black money window
• CBDT Clarification on Threshold Limit of tax audit U/s. 44AB & 44AD
• Income tax (15th Amendment) Rules, 2016.

• Test your knowledge & answer the query?

Workshop on TDS & TCS by NIRC Posted: 21 Jun 2016 09:06 PM PDT NIRC of ICAI organizing Workshops on TDS & TCS on 22nd June 2016 at Hindi Bhawan, Rouz Avenue Marg, Near Bal Bhawan, ITO, New Delhi, 04.45 PM to 09.00 PM (Followed by Dinner) CLICK ON THE LINK... http://www.casansaar.com/event-TDS/Workshop-on-TDS-TCS-by-NIRC/103.html

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Capital Gain from penny stocks not bogus - ITAT Posted: 21 Jun 2016 09:04 PM PDT Investors holding penny stocks have got a reprieve from the Income-Tax Tribunal. The body has ruled that gains from penny stocks cannot be termed as bogus just because the Securities and Exchange Boar CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Capital-Gain-from-penny-stocks-not-bogus---ITAT/8017.html

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Advisory for Members & Students of ICAI in respect of a fake website - Posted: 21 Jun 2016 09:03 PM PDT Kind Attention: All Members, Students of the Institute of Chartered Accountants of India (ICAI) and Public at Large This is to inform to all Members and Students of ICAI and public at large that a  CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Advisory-for-Members-Students-of-ICAI-in-respect-of-a-fake-website---ICAI/8012.html

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Encroached property cannot be considered a capital asset:ITAT Posted: 21 Jun 2016 09:03 PM PDT Tax needs to be paid even on property encroached upon illegally as it would be considered as 'income from other sources', though it would not be considered as a 'capital asset', accord CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Encroached-property-cannot-be-considered-a-capital-assetITAT/8016.html

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Clarification regarding News Report of Arrest of Tax Defaulters Posted: 21 Jun 2016 09:02 PM PDT Certain sections of the press have been carrying news reports today that Income Tax Department is going to arrest wilful defaulters of tax.  In this regard, it is clarified that no such statem CLICK ON THE LINK.... http://www.casansaar.com/news-Income-Tax/Clarification-regarding-News-Report-of-Arrest-of-Tax-Defaulters/8015.html

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Finmin to review domestic black money window Posted: 21 Jun 2016 09:01 PM PDT  With the first month nearing completion, the Finance Ministry will hold a high-level meeting to review the ambitious one-time compliance window that has been announced by the government to decla CLICK ON THE LINK... http://www.casansaar.com/news-Finance/Finmin-to-review-domestic-black-money-window/8014.html

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CBDT Clarification on Threshold Limit of tax audit U/s. 44AB & 44AD Posted: 21 Jun 2016 08:58 PM PDT Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, the 20th June, 2016 Sub: Threshold Limit of tax audit under section CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/CBDT-Clarification-on-Threshold-Limit-of-tax-audit-Us.-44AB-44AD/3144.html

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Income tax (15th Amendment) Rules, 2016. Posted: 21 Jun 2016 08:57 PM PDT S.O. 2151(E).-In exercise of the powers conferred by section 285BA read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Government with respect to registration of persons, due d CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Income-tax-15th-Amendment-Rules-2016./3145.html

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Test your knowledge & answer the query?

Posted: 21 Jun 2016 08:57 PM PDT What is effect of Impact fees paid on property. Is it capital or Revenue Expenditure. What is effect on tax either the assesse can claim depreciation or it can be claimed as revenue expenditure in Pro CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Accounting-treatment-as-well-as-Tax-effect/5359.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• CBI files graft cases against 9 I-T officials, 3 Chartered Accountants
• RBI sets up fraud monitoring cell
• SEBI eases trading requirement in currency derivatives
• Income Tax department to take steps to boost TDS collections
• Amendment in Rule 114H of Income-tax Rules, 1962
• Establishment of Fund of Funds for funding support to Start-ups
• NGOs receiving Rs 1 cr govt grant to be under Lokpal
• FCA/ACA-DISA Partners Required

• Test your knowledge & answer the query?

CBI files graft cases against 9 I-T officials, 3 Chartered Accountants Posted: 22 Jun 2016 08:22 PM PDT The CBI on Wednesday registered a case against nine senior Income Tax officials, including Principal Commissioner of Income Tax, Delhi, and three private persons on Wednesday for corruption. CLICK ON THE LINK,,, http://www.casansaar.com/news-Chartered-Accountant/CBI-files-graft-cases-against-9-I-T-officials-3-Chartered-Accountants/8024.html

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RBI sets up fraud monitoring cell Posted: 22 Jun 2016 08:18 PM PDT Lauding the efforts taken by the government to take action against wilful defaulters, RBI Governor Raghuram Rajan today said the central bank has created a monitoring cell for early reporting of fraud CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-sets-up-fraud-monitoring-cell/8023.html

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SEBI eases trading requirement in currency derivatives Posted: 22 Jun 2016 08:16 PM PDT To ease trading requirements in the currency derivatives segment, the Securities and Exchange Board of India (Sebi) on Wednesday said position limit linked to open interest will be applicabl CLICK ON THE LINK,,,, http://www.casansaar.com/news-SEBI/SEBI-eases-trading-requirement-in-currency-derivatives/8022.html

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Income Tax department to take steps to boost TDS collections Posted: 22 Jun 2016 08:16 PM PDT Buoyed by a steady growth in collections from tax deducted at source (TDS), the Income Tax department now plans to undertake multiple steps to "augment" revenue from this category and minimi CLICK ON THE LINK,,,, http://www.casansaar.com/news-TDS/Income-Tax-department-to-take-steps-to-boost-TDS-collections/8021.html

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Amendment in Rule 114H of Income-tax Rules, 1962 Posted: 22 Jun 2016 08:15 PM PDT The Rule 114H of the Income-tax Rules, 1962 (the Rules) has been amended vide Notification No.48/2016 [S.O.2151(E)] dated 20th June 2016.  In order to provide sufficient time to the reporting  CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Amendment-in-Rule-114H-of-Income-tax-Rules-1962/8020.html

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Establishment of Fund of Funds for funding support to Start-ups Posted: 22 Jun 2016 08:14 PM PDT The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the establishment of "Fund of Funds for Startups" (FFS) at Small Industries Development Bank of India (SIDBI CLICK ON THE LINK... http://www.casansaar.com/news-Finance/Establishment-of-Fund-of-Funds-for-funding-support-to-Start-ups/8019.html

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NGOs receiving Rs 1 cr govt grant to be under Lokpal Posted: 22 Jun 2016 08:13 PM PDT In order to keep a check on the funding of NGOs, organisations receiving more than Rs one crore as government grant and donations above Rs 10 lakh from abroad have been brought under the ambit of the  CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/NGOs-receiving-Rs-1-cr-govt-grant-to-be-under-Lokpal/8018.html

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FCA/ACA-DISA Partners Required Posted: 22 Jun 2016 08:12 PM PDT MUMBAI based (CAT-I) CHARTERED ACCOUNTANTS FIRM looking for PARTNER on sharing basis in Particular City/State from all over INDIA. Partner will be exclusively associated with our FIRM. Intere CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/FCAACA-DISA-Partners-Required/5024.html

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Test your knowledge & answer the query?

Posted: 22 Jun 2016 08:11 PM PDT is there any eligibility criteria of any person to appear before income tax authority to represent client ? CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Income-Tax/5360.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Invitation for empanelment as Examiners for Chartered Accountants Exam
• HUF cannot be a partner but its karta or any individual of HUF can be A PARTNER
• Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs - RBI
• Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Companies
• Permitting writing of options against contracted exposures by Indian Residents
• Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015
• Implementation of Indian Accounting Standards (Ind AS) - RBI
• Reporting Requirements under Basel III Capital Regulations- Review
• Master Direction - Presentation, Disclosure and Reporting) Directions, 2016
• Sector 8 Companies Purchase

Invitation for empanelment as Examiners for Chartered Accountants Exam Posted: 23 Jun 2016 10:05 PM PDT Applications  are invited from eligible members of the Institute and other  professionals including academicians of reputed educational  institutions, tax and legal practitioners etc., having a flair  CLICK ON THE LINK... http://www.casansaar.com/empanelment-Invitation-for-empanelment-as-Examiners-for-Chartered-Accountants-Examinations/1629.html

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HUF cannot be a partner but its karta or any individual of HUF can be A PARTNER Posted: 23 Jun 2016 10:04 PM PDT Clarification that HUF cannot be a partner but its karta or any individual of HUF can be a partner in a partnership firm in its individual capacity and not the HUF. CLICK ON THE LINK... http://www.casansaar.com/news-MCA/HUF-cannot-be-a-partner-but-its-karta-or-any-individual-of-HUF-can-be-a-partner-in-a-partnership-firm---MCA/8025.html

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Format of Statutory Auditors’ Certificate (SAC) to be submitted by NBFCs - RBI Posted: 23 Jun 2016 10:02 PM PDT RBI/2015-16/433 DNBS (PPD) CC.No./04/66.14.001/2015-16 June 23, 2016 To CEOs of All NBFCs (excluding RNBCs) and The President of ICAI Dear Sir/Madam, CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Format-of-Statutory-Auditors%E2%80%99-Certificate-SAC-to-be-submitted-by-NBFCs---RBI/3152.html

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Reporting of Information on Investment in Commercial Papers and Unhedged Foreign Currency Exposures of the Borrowers to Credit Information Companies Posted: 23 Jun 2016 10:01 PM PDT RBI/2015-16/432 DBR.CID.BC. 107/20.16.056/2015-16 June 23, 2016 All Scheduled Commercial Banks All India Financial Institutions Credit Information Companies Dear Sir / Madam Reporting o CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Reporting-of-Information-on-Investment-in-Commercial-Papers-and-Unhedged-Foreign-Currency-Exposures-of-the-Borrowers-to-Credit-Information-Companies/3151.html

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Permitting writing of options against contracted exposures by Indian Residents Posted: 23 Jun 2016 10:00 PM PDT RBI/2015-16/431 A.P. (DIR Series) Circular No. 78 June 23, 2016 To All Category - I Authorised Dealer Banks Madam / Sir, Permitting writing of options against contracted exposures by I CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Permitting-writing-of-options-against-contracted-exposures-by-Indian-Residents/3150.html

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Foreign Exchange Management (Foreign Currency Accounts by a person resident in India) Regulations, 2015 Posted: 23 Jun 2016 09:59 PM PDT RBI/2015-16/430 A.P. (DIR Series) Circular No. 77 [(2)/10(R)] June 23, 2016 To All Category - I Authorised Dealers and Authorised Banks Madam / Sir, Foreign Exchange Management (Foreig CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Foreign-Exchange-Management-Foreign-Currency-Accounts-by-a-person-resident-in-India-Regulations-2015/3149.html

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Implementation of Indian Accounting Standards (Ind AS) - RBI Posted: 23 Jun 2016 09:58 PM PDT RBI/2015-16/429 DBR.BP.BC.No.106/21.07.001/2015-16 June 23, 2016 All Scheduled Commercial Banks (excluding Regional Rural Banks) Madam / Dear Sir, Implementation of Indian Accounting Sta CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Implementation-of-Indian-Accounting-Standards-Ind-AS---RBI/3148.html

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Reporting Requirements under Basel III Capital Regulations- Review Posted: 23 Jun 2016 09:58 PM PDT RBI/2015-16/428 DBR.BP.BC.No.105/21.06.001/2015-16 June 23, 2016 All Commercial Banks (Excluding Local Area Banks and Regional Rural Banks) Dear Sir, CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Reporting-Requirements-under-Basel-III-Capital-Regulations--Review/3147.html

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Master Direction - Presentation, Disclosure and Reporting) Directions, 2016 Posted: 23 Jun 2016 09:57 PM PDT RBI/DBR/2015-16/26 Master Direction DBR.FID.No.108/01.02.000/2015-16 June 23, 2016 Master Direction - Reserve Bank of India (Financial Statements of All India Financial Institutions - Presenta CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Direction---Presentation-Disclosure-and-Reporting-Directions-2016/3146.html

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Sector 8 Companies Purchase Posted: 23 Jun 2016 09:56 PM PDT Sector 8 (25) need to purchase atleast 3 yrs old and register in IT so get 80G benefit CLICK ON THE LINK... http://www.casansaar.com/queries-Accounts/Sector-8-Companies-Purchase/5351.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Audit of Accounts of MECON Employees Provident Fund Trust and Gratuity
• RBI releases framework on payments systems
• RBI releases framework on payments systems
• Income tax dept publishes list of asset valuers
• Govt notifies changes in FDI policy
• CBDT Clarification on TCS Provision
• Service Tax on transportation of goods by a vessel from outside India before 01.06.2015
• Increase in All Industry Rates (AIR) of Duty Drawback on gold jewellery and silver jewellery/articles

• Required Partner on Profit Sharing Basis

• Test your knowledge & answer the query?

Audit of Accounts of MECON Employees Provident Fund Trust and Gratuity Posted: 24 Jun 2016 09:15 PM PDT We intend to appoint Competent audit firms to conduct audit of Provident Fund Accounts for the year 2015-16 & Gratuity Trust Accounts for the years 2015-16. The Board of Trustee P.F. and CLICK ON THE LINK... http://www.casansaar.com/empanelment-Audit-of-Accounts-of-MECON-Employees-Provident-Fund-Trust-and-Gratuity-Trust/1630.html

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RBI releases framework on payments systems Posted: 24 Jun 2016 09:09 PM PDT Reserve Bank of India (RBI) has released its much awaited 'Vision-2018' document yesterday. The ‘Payment and Settlement Systems in India: Vision-2018’ aims at building best of clas CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-releases-framework-on-payments-systems/8028.html

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RBI releases framework on payments systems Posted: 24 Jun 2016 09:09 PM PDT Reserve Bank of India (RBI) has released its much awaited 'Vision-2018' document yesterday. The ‘Payment and Settlement Systems in India: Vision-2018’ aims at building best of clas CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-releases-framework-on-payments-systems/8028.html

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Income tax dept publishes list of asset valuers Posted: 24 Jun 2016 09:08 PM PDT The Income Tax department today published a country-wide list of registered asset valuers for those who wish to declare their untaxed funds and properties under the one-time domestic bl CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-tax-dept-publishes-list-of-asset-valuers/8027.html

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Govt notifies changes in FDI policy Posted: 24 Jun 2016 09:07 PM PDT The government  on Friday notified changes in the foreign direct investment (FDI) policy in sectors including pharmaceuticals, defense and single-brand retail. These decisions were announced e CLICK ON THE LINK,,, http://www.casansaar.com/news-Finance/Govt-notifies-changes-in-FDI-policy/8026.html

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CBDT Clarification on TCS Provision Posted: 24 Jun 2016 09:05 PM PDT In order to curb the cash economy, Finance Act 2016 has amended section 206C of the Income-tax Act to provide that the seller shall collect tax at the rate of one per cent from the purchaser CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/CBDT-Clarification-on-TCS-Provision/3153.html

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Service Tax on transportation of goods by a vessel from outside India before 01.06.2015 Posted: 24 Jun 2016 09:03 PM PDT In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public interest so to do CLICK ON THE LINK... http://www.casansaar.com/notification-Service-Tax/Service-Tax-on-transportation-of-goods-by-a-vessel-from-outside-India-before-01.06.2015/3154.html

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Increase in All Industry Rates (AIR) of Duty Drawback on gold jewellery and silver jewellery/articles Posted: 24 Jun 2016 09:03 PM PDT The Government has amended the AIR Drawback Notification no. 110/2015-Cus (N.T.) dated 16.11.2015 vide Notification No. 90/2016-Customs (N.T.) dated 24.06.2016 which may be downloaded and perused from CLICK ON THE LINK,,,,, http://www.casansaar.com/notification-Custom/Increase-in-All-Industry-Rates-AIR-of-Duty-Drawback-on-gold-jewellery-and-silver-jewelleryarticles/3155.html

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Required Partner on Profit Sharing Basis Posted: 24 Jun 2016 09:02 PM PDT We are Kolkata based Partnership Firm. We required DISA qualified ACA on profit sharing from Bhubaneswar / Cuttack / Dibrugarh / Tinsukia / Bangalore / Chennai / Hyderabad / Srinagar / Jammu / Goa CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/Required-Partner-on-Profit-Sharing-Basis/4983.html

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Test your knowledge & answer the query? Posted: 24 Jun 2016 09:00 PM PDT A Pvt. ltd. company was formed 2 years back but no transactions took place in these 2 years. Even promoter had not applied for PAN. Now he wants to apply for PAN. Will It attract any penalty? CLICK ON THE LINK,,, http://www.casansaar.com/queries-Corporate-Law/Pvt.-ltd.-company/5354.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Niraj Verma tweeted: Mishra ji you know you all r behaving like Joker. Posted: 27 Jun 2016 02:42 AM PDT   Popular in your network Niraj Verma @iNirajVerma   Mishra ji you know you all r behaving like Joker. twitter.com/KapilMishraAAP…       View on Twitter       Nawazuddin Siddiqui  @Nawazuddin_S   thank you so much :) twitter.com/wendyide/statu…       View on Twitter       Karan Sharma-Karna @karnasharma27   My Article on Indian Culture : Brief Description buzztimes.in/indian-culture…       View on Twitter       Vaibhav Kapoor @vaibhavkapoor29   RT @vmlsanna9: Bolstering the Non-Proliferation Agenda! India joins #MTCR as full member today! twitter.com/MEAIndia/statu…       View on Twitter       Al Roker  @alroker   Well, obviously you did, too. Welcome to the pack twitter.com/s00thsayerdude…       View on Twitter       Janta Ka Reporter  @JantaKaReporter   Watch why this video on PM Modi's 'Do Saal Bura Haal' has gone viral jantakareporter.com/india/watch-vi…       View on Twitter       Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Black money window will not be extended - FM
• SEBI set to allow e-commerce firms to sell mutual funds
• CBDT relaxes rules for TDS claims by non-resident companies
• Income tax department to establish over 60 taxpayer centres across cou
• REDUCING SIZE OF VARIOUS E-FORMS OF MCA
• Common registration & return for First Stage Dealer & Importer
• Clarifications on the Income Declaration Scheme, 2016 - CBDT

• Test your knowledge & answer the query?

Black money window will not be extended - FM Posted: 28 Jun 2016 09:14 PM PDT Finance minister Arun Jaitley on Tuesday made it amply clear that the window to disclose unaccounted wealth will not be extended beyond the four month period, ending on September 30. '(We) w CLICK ON THE LINK... http://www.casansaar.com/news-Black-Money/Black-money-window-will-not-be-extended---FM/8034.html

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SEBI set to allow e-commerce firms to sell mutual funds Posted: 28 Jun 2016 09:14 PM PDT The capital markets regulator is set to allow online marketplaces such as Flipkart and Amazon to sell mutual funds to make these products more accessible to people. A Securities and Exchange Boar CLICK ON THE LINK.,,,, http://www.casansaar.com/news-SEBI/SEBI-set-to-allow-e-commerce-firms-to-sell-mutual-funds/8033.html

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CBDT relaxes rules for TDS claims by non-resident companies Posted: 28 Jun 2016 09:13 PM PDT Non-resident companies can now claim benefits of tax treaty by just providing personal details including, name, address and tax residency certificate, even without providing PAN. The Central Boar CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-relaxes-rules-for-TDS-claims-by-non-resident-companies/8032.html

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Income tax department to establish over 60 taxpayer centres across cou Posted: 28 Jun 2016 09:12 PM PDT The income tax department will establish over 60 facilitation centres - Aaykar Seva Kendras(ASKs) - this fiscal from Goalpara in Assam to Neemuch in MP as part of efforts to widen the taxpayer base an CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-tax-department-to-establish-over-60-taxpayer-centres-across-country/8031.html

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REDUCING SIZE OF VARIOUS E-FORMS OF MCA Posted: 28 Jun 2016 09:11 PM PDT Most of the people working on MCA portal either for registration or annual filling are facing similar problem. 'Size of E-forms increses the limit as prescribed by MCA after attaching DSC&qu CLICK ON THE LINK,,, http://www.casansaar.com/articles-MCA/REDUCING-SIZE-OF-VARIOUS-E-FORMS-OF-MCA/3160.html

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Common registration & return for First Stage Dealer & Importer Posted: 28 Jun 2016 09:10 PM PDT An assessee who conducts business both as an importer and a First Stage Dealer may take only one registration as he has been exempted from the requirement of taking a second registration. It may be no CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/Common-registration-return-for-First-Stage-Dealer-Importer/3157.html

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Clarifications on the Income Declaration Scheme, 2016 - CBDT Posted: 28 Jun 2016 09:09 PM PDT The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) incorporated as Chapter IX of the Finance Act, 2016 provides an opportunity to persons who have not paid full CLICK ON THE LINK... http://www.casansaar.com/notification-CBDT/Clarifications-on-the-Income-Declaration-Scheme-2016---CBDT/3156.html

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Test your knowledge & answer the query? Posted: 28 Jun 2016 09:07 PM PDT i want to know prior period item or not this: A hospital gave service(i.e. gave treatment to co. employee) to a group and group(Co.) pay to hospital every year, but co. pay less amount to hospital CLICK ON THE LINK... http://www.casansaar.com/queries-Accounts/Prior-Period-item-or-Bad-Debts/5372.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Heartfelt wishes on the occasion of Chartered Accountant’s Day
• Empanelled chartered accountants firms for conducting internal audit
• Government Notifies Rules regarding Fair market value and reporting requirement or Indian concern
• CBDT issues new set of FAQs to clarify queries regarding Income Declaration Scheme
• SC dismisses plea for ban on Whatsapp and other messaging Apps
• Quarterly reporting system- Foreign branches/ subsidiaries/ joint ventures/ associates of Indian banks
• Guidelines for relief measures by banks in areas affected by natural calamities-utilisation of insurance proceeds
• Amendment in rules for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY)
• Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS)
• External Commercial Borrowings (ECB) – Approval Route cases
• Settlement System under Asian Clearing Union (ACU)
• Performance Audit of Crop Insurance Schemes
• Pre-2005 series of Banknotes - Revision of exchange facility

• Test your knowledge & answer the query?

Heartfelt wishes on the occasion of Chartered Accountant’s Day Posted: 30 Jun 2016 08:30 PM PDT Heartfelt wishes on the occasion of Chartered Accountant’s Day!!! We hope that both the Profession and the Professionals will touch great heights in the forth coming years being the major contributor to the society’s economic well being. So let us join hands and celebrate the Golden day of the year and take a pledge to serve our profession in a manner that enriches our nation by all means. Happy CA’s Day to all Partners in Nation Building. With Regards,CA.Vivek Khurana,& Team Members ofwww.casansaar.com CLICK ON THE LINK..... http://www.casansaar.com/news-Chartered-Accountant/Heartfelt-wishes-on-the-occasion-of-Chartered-Accountant%E2%80%99s-Day/8041.html

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Empanelled chartered accountants firms for conducting internal audit Posted: 30 Jun 2016 08:28 PM PDT ODISHA FORESTRY SECTOR DEVELOPMENT SOCIETY invites tender for conducting internal audit for FY 2015-16. Last date for submission of tender is 11/07/2016 For more information visit www.ofspd.org CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Empanelled-chartered-accountants-firms-for-conducting-internal-audit-works./1631.html

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Government Notifies Rules regarding Fair market value and reporting requirement or Indian concern Posted: 30 Jun 2016 08:27 PM PDT Under section 9 of the Income-tax Act, 1961 (the Act), any income arising from transfer of any share of or interest in a foreign company or entity that derives its value substantially from the assets  CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Government-Notifies-Rules-regarding-Fair-market-value-and-reporting-requirement-for-Indian-concern/8040.html

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CBDT issues new set of FAQs to clarify queries regarding Income Declaration Scheme Posted: 30 Jun 2016 08:26 PM PDT The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. The Scheme came into ef CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-issues-new-set-of-FAQs-to-clarify-queries-regarding-Income-Declaration-Scheme-2016./8039.html

for detail visit www.casansaar.com

SC dismisses plea for ban on Whatsapp and other messaging Apps Posted: 30 Jun 2016 08:22 PM PDT The Supreme Court today dismissed a plea seeking ban on WhatsApp and other communication applications on security grounds and claiming that these services violated the law.  The benc CLICK ON THE LINK... http://www.casansaar.com/news-General/SC-dismisses-plea-for-ban-on-Whatsapp-and-other-messaging-Apps/8038.html

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Quarterly reporting system- Foreign branches/ subsidiaries/ joint ventures/ associates of Indian banks Posted: 30 Jun 2016 08:20 PM PDT RBI/2015-16/435 DBS.CO.PPD.15123/11.01.021/2015-16 June 30, 2016 The Chief Executives of Scheduled Commercial Banks Dear Sir/ Madam, Quarterly reporti CLICK ON THE LINK.. http://www.casansaar.com/notification-RBI/Quarterly-reporting-system--Foreign-branches-subsidiaries-joint-ventures-associates-of-Indian-banks/3158.html

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Guidelines for relief measures by banks in areas affected by natural calamities-utilisation of insurance proceeds Posted: 30 Jun 2016 08:19 PM PDT RBI/2015-16/436 FIDD.No.FSD.BC.27/05.10.001/2015-16 June 30, 2016 The Chairman/ Managing Director /Chief Executive Officer [All Scheduled Commercial Banks, (excluding Regional Rural Banks)] CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Guidelines-for-relief-measures-by-banks-in-areas-affected-by-natural-calamities-utilisation-of-insurance-proceeds/3159.html

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Amendment in rules for implementation of Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) Posted: 30 Jun 2016 08:19 PM PDT RBI/2015-16/437 DCBR.BPD (PCB) Cir.No.20/12.05.001/2015-16 Ashadha 9, 1938 June 30, 2016 The Chief Executive Officer All Primary (Urban) Co-operative Banks Dear Sir/ Madam, Amendment in CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Amendment-in-rules-for-implementation-of-Pradhan-Mantri-Jeevan-Jyoti-Bima-Yojana-PMJJBY/3160.html

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Issue of authorization for opening Controlling Offices (Regional/Zonal/Administrative Offices) u/s 23 of the Banking Regulation Act, 1949 (AACS) Posted: 30 Jun 2016 08:18 PM PDT RBI/2015-16/438 DCBR.CO.LS (PCB) Cir.No.19/07.01.000/2015-16 June 30, 2016 Chief Executive Officers of all Primary (Urban) Co-operative Banks Dear Sir / Madam, Issue of authorization for CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Issue-of-authorization-for-opening-Controlling-Offices-RegionalZonalAdministrative-Offices-us-23-of-the-Banking-Regulation-Act-1949-AACS/3161.html

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External Commercial Borrowings (ECB) – Approval Route cases Posted: 30 Jun 2016 08:17 PM PDT RBI/2015-16/440 A.P. (DIR Series) Circular No. 80 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) – Approval Route cases CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/External-Commercial-Borrowings-ECB-%E2%80%93-Approval-Route-cases/3162.html

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Settlement System under Asian Clearing Union (ACU) Posted: 30 Jun 2016 08:16 PM PDT RBI/2015-16/441 A.P. (DIR Series) Circular No. 81 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir, Settlement System under Asian Clearing Union (ACU) Attention o CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Settlement-System-under-Asian-Clearing-Union-ACU/3163.html

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Performance Audit of Crop Insurance Schemes Posted: 30 Jun 2016 08:15 PM PDT RBI/2015-16/442 FIDD.No.FSD.BC.28/05.10.007/2015-16 June 30, 2016 The Chairman/Managing Director/Chief Executive Officer  All Scheduled Commercial Banks (excluding Regional Rural Banks) CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Performance-Audit-of-Crop-Insurance-Schemes/3164.html

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Pre-2005 series of Banknotes - Revision of exchange facility Posted: 30 Jun 2016 08:14 PM PDT RBI/2015-16/443 DCM (Plg) No.G-12/4297/10.27.00/2015-16 June 30, 2016 The Chairman / Managing Director / Chief Executive Officer All Scheduled Commercial Banks Primary (Urban) Co-operative Ba CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Pre-2005-series-of-Banknotes---Revision-of-exchange-facility/3165.html

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Test your knowledge & answer the query?

Posted: 30 Jun 2016 08:13 PM PDT If the amount of capital gain of financial year 2014-15 is less than the cost of the new house purchased in financial year 2014-15, Can exemption be availed against the same house  for capital gain ar CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Long-Term-Capital-Gain/5378.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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RPF for Appointment of Concurrent Auditors for Bank of Baroda Posted: 01 Jul 2016 09:48 PM PDT Bank of Baroda Request for Proposal FOR Appointment of Concurrent Auditors of the Bank for Branches/RBOs/CBOs/Other Units vide RFP Reference:RFP:CIAD:108/4 dated  30.06.2016. Bank is inviting app CLICK ON THE LINK... http://www.casansaar.com/empanelment-RPF-for-Appointment-of-Concurrent-Auditors-for-Bank-of-Baroda/1636.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Empanelment for Appointment of Internal Auditor of DTL
• Empanelment of Faculty Members for GMCS/ OC/ ITT and Advanced ITT Course
• SC seeks status report from ICAI over allegations of FDI violations by Audit Firms
• New amnesty scheme levies 31% effective tax, Centre won't question income Source
• Income tax department has verified over one crore tax returns online
• Change in CA syllabus under the Revised Education and Training Scheme
• Initial Compliances for Companies - A Look
• Recovery of confirmed demands during stay application pendency
• MCA Issues Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016
• MCA Issues Companies (Acceptance of Deposits) Amendment Rules, 2016
• MCA Issues Companies (Removal of Difficulties) Third Order, 2016
• ACA/FCA PARTNERS REQUIRED
• Canteen-manpower services in office of factory building is allowable

• Test your knowledge & answer the query?

• Karan Sharma-Karna tweeted: Good use of social media 👍👌 by @rsprasad ji

Empanelment for Appointment of Internal Auditor of DTL Posted: 04 Jul 2016 08:01 PM PDT Tender is invited in Two-part Bid system ( i.e. Technical bid and price bid) Manager (Finance), IInd floor, pre fabricated building, Rajghat Power House, New Delhi- 110002 from Chartered Accountant Fi CLICK ON THE LINK... http://www.casansaar.com/empanelment-Empanelment-for-Appointment-of-Internal-Auditor-of-DTL/1638.html

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Empanelment of Faculty Members for GMCS/ OC/ ITT and Advanced ITT Course Posted: 04 Jul 2016 08:00 PM PDT EMPANELMENT OF FACULTY MEMBERS FOR GMCS/ ORIENTATION COURSE / ITT and Advanced ITT COURSE If You Have Flair For Teaching, Zeal To Communicate With Students And Disseminating Knowledge Is  CLICK ON THE LINK... http://www.casansaar.com/empanelment-Empanelment-of-Faculty-Members-for-GMCS-OC-ITT-and-Advanced-ITT-Courses/1637.html

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SC seeks status report from ICAI over allegations of FDI violations by Audit Firms Posted: 04 Jul 2016 08:13 PM PDT The Supreme Court on Monday directed the Institute of Chartered Accountants of India (ICAI) to submit a status report on the progress made in the probe into allegations of FDI violations and malpracti CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/SC-seeks-status-report-from-ICAI-over-allegations-of-FDI-violations-by-Audit-firms/8048.html

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New amnesty scheme levies 31% effective tax, Centre won't question income Source Posted: 04 Jul 2016 07:36 PM PDT The government is looking to encourage people with black money stashed away under the mattress to come clean by softening the tax blow in its amnesty scheme that runs from June 1 to September 30. They CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/New-amnesty-scheme-levies-31-effective-tax-Centre-wont-question-income-source/8047.html

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Income tax department has verified over one crore tax returns online Posted: 04 Jul 2016 07:35 PM PDT As per the latest data, over 1.02 crore Income Tax Returns (ITRS) have been verified by the internet-based electronic filing system of the department. "The figures for e-verified ITRs stand at CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-tax-department-has-verified-over-one-crore-tax-returns-online/8045.html

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Change in CA syllabus under the Revised Education and Training Scheme Posted: 04 Jul 2016 07:34 PM PDT July 4, 2016 FOR THE URGENT ATTENTION OF STUDENTS Change in syllabus under the Revised Education and Training Scheme Number of queries are being received from the students with respect to CLICK ON THE LINK... http://www.casansaar.com/news-Students-Zone/Change-in-CA-syllabus-under-the-Revised-Education-and-Training-Scheme---ICAI/8044.html

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Initial Compliances for Companies - A Look Posted: 04 Jul 2016 07:33 PM PDT There is no term with the name initial compliances actually; we have created the term just for you to understand this better. It is actually 1st part of the total compliances and which have to be done CLICK ON THE LINK... http://www.casansaar.com/articles-Corporate-Law/Initial-Compliances-for-Companies---A-Look/3161.html

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Recovery of confirmed demands during stay application pendency Posted: 04 Jul 2016 07:32 PM PDT F. No. 208/36/2012-CX.6 Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi. dated the 4th July. 2016 To, CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/Recovery-of-confirmed-demands-during-stay-application-pendency/3166.html

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MCA Issues Companies (Appointment and Remuneration of Managerial Personnel) Amendment Rules, 2016 Posted: 04 Jul 2016 07:49 PM PDT n exercise of the powers confened by sub-sections (1) and (2) of section 469 of the companies Act,2013 (18 of 2013), the central Government hereby makes the following rules further to amend the Compan CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/MCA-Issues-Companies-Appointment-and-Remuneration-of-Managerial-Personnel-Amendment-Rules-2016/3169.html

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MCA Issues Companies (Acceptance of Deposits) Amendment Rules, 2016 Posted: 04 Jul 2016 07:48 PM PDT  In exercise of the powers conferrecl by sections 73 and Z6 reacl with sub_ section (1) of section 469 of the Companies Act, 2013 (18 of 2013), the Centual Government hereby makes the following r CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/MCA-Issues-Companies-Acceptance-of-Deposits-Amendment-Rules-2016/3168.html

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MCA Issues Companies (Removal of Difficulties) Third Order, 2016 Posted: 04 Jul 2016 07:47 PM PDT Whereas, the Companies Act, 2013 (18 of 2013) (hereinafter referred to as the said Act) received the assent of the President on 29th August, 2013 and section 1 thereof came into force on the same date CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/MCA-Issues-Companies-Removal-of-Difficulties-Third-Order-2016/3167.html

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ACA/FCA PARTNERS REQUIRED Posted: 04 Jul 2016 07:30 PM PDT Hello, WE ARE LOOKING FOR ACA/FCA HOLDING COP AS PARTNERS. ANY INTERESTED ACA/FCA PUT UR DETAILS ON DSK...@GMAIL.COM  OR U CAN ALSO CALL US  ON  CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/ACAFCA-PARTNERS-REQUIRED/5035.html

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Canteen-manpower services in office of factory building is allowable

Posted: 04 Jul 2016 07:29 PM PDT

Canteen-manpower services in office of factory building is allowable CLICK ON THE LINK... http://www.casansaar.com/files-Service-Tax-Canteen-manpower-services-in-office-of-factory-building-is-allowable/5852.html

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Test your knowledge & answer the query? Posted: 04 Jul 2016 07:29 PM PDT sir i want file AOP return so what effect on member & how much tax rate applicable For Ay 2016-17 on both mamber & aop CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/income-tax/5379.html

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Karan Sharma-Karna tweeted: Good use of social media 👍👌 by @rsprasad ji Posted: 04 Jul 2016 02:41 AM PDT Popular in your network Karan Sharma-Karna @karnasharma27 Good use of social media 👍👌 by @rsprasad ji Vaibhav Kapoor @vaibhavkapoor29 RT @vmlsanna9: #DidYouKnow Legal fact one must know! Yogendra Rao @yogibababanaras attack in central park #us abhijeet @abhijeetsinger With the support of all nationalists I will further EXPOSE twitter.com/indianexpress/… kanimozhi @kanimozhi RT @padhalikha: Hahaha.. so funny Ateeq! (Note: I don't support gay jokes except by AIB - All India Bakchods or All Islamic Bigots) https: Janta Ka Reporter @JantaKaReporter Women 'given arms training' at RSS' Jammu camp. Congress slam the 'illegal' act Women 'given arms training' at RSS' Jammu camp, Congress slam the 'illegal' act - Janta Ka Reporter Women participants at the RSS' recent camp in Jammu were given lesson on operating rifles as part... jantakareporter.com Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 - - - - - - - - - - - - - - - - - - - - - - - - -

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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External Commercial Borrowings (ECB) – Approval Route cases

Posted: 30 Jun 2016 08:17 PM PDT

RBI/2015-16/440 A.P. (DIR Series) Circular No. 80 June 30, 2016 To All Authorised Dealer Category-I Banks Madam / Sir External Commercial Borrowings (ECB) – Approval Route cases CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/External-Commercial-Borrowings-ECB-%E2%80%93-Approval-Route-cases/3162.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Seminar on Companies Act on 9th July 2016 at Hotel Surya, New Delhi
• Raids on entry operators reveal new list of possible tax evaders
• Govt may extend tax payment deadline for black money scheme
• Govt forms panel to examine desirability and feasibility of new financial Year
• Black money window: CBDT curtails leave of income tax officers
• How Nidhi Company arrange finance
• Automatic Depreciation Calculator as per IT Act.
• Affidavit for Hindi signatory

• Test your knowledge & answer the query?

Seminar on Companies Act on 9th July 2016 at Hotel Surya, New Delhi Posted: 07 Jul 2016 08:26 PM PDT NIRC of ICAI, continuing with its series of programmes under the CPE Scheme & to facilitate Members keep abreast of the fast changing developments, is organizing Seminar on Companies Act on 9th Ju CLICK ON THE LINK... http://www.casansaar.com/event-Chartered-Accountant/Seminar-on-Companies-Act-on-9th-July-2016-at-Hotel-Surya-New-Delhi/104.html

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Raids on entry operators reveal new list of possible tax evaders Posted: 07 Jul 2016 08:24 PM PDT The income tax department has prepared an integrated databank of suspected black money holders across the country who have taken the help of 'entry operators' to launder large amounts of unacc CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Raids-on-entry-operators-reveal-new-list-of-possible-tax-evaders/8056.html

for detail visit www.casansaar.com

Govt may extend tax payment deadline for black money scheme Posted: 07 Jul 2016 07:55 PM PDT The Centre may extend the September 30 deadline for taxpayers to declare their undisclosed income. The government has approved a request from the industry for tax to be paid in parts, PTI reported. CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Govt-may-extend-tax-payment-deadline-for-black-money-scheme/8055.html

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Govt forms panel to examine desirability and feasibility of new financial Year Posted: 07 Jul 2016 07:54 PM PDT The government has set up a committee to examine the desirability and feasibility of having a new financial year. According to the Finance Ministry, the four member committee will be headed by former  CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Govt-forms-panel-to-examine-desirability-and-feasibility-of-new-financial-year/8054.html

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Black money window: CBDT curtails leave of income tax officers Posted: 07 Jul 2016 07:53 PM PDT The Central Board of Direct Taxes (CBDT) has ordered regulation of leave of all income-tax (I-T) department officials over the next three months. The CBDT wants to ensure that enough officia CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Black-money-window-CBDT-curtails-leave-of-income-tax-officers/8053.html

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How Nidhi Company arrange finance Posted: 07 Jul 2016 07:52 PM PDT How Nidhi Company arrange finance For entering into the professional world every person wants to register their business just to have a legal existence. Registering your company would give a  CLICK ON THE LINK... http://www.casansaar.com/articles-Corporate-Law/How-Nidhi-Company-arrange-finance/3163.html

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Automatic Depreciation Calculator as per IT Act. Posted: 07 Jul 2016 07:48 PM PDT Automatic Depreciation Calculator as per IT Act. CLICK ON THE LINK... http://www.casansaar.com/files-Income-Tax-Automatic-Depreciation-Calculator-as-per-IT-Act./5818.html

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Affidavit for Hindi signatory Posted: 07 Jul 2016 07:45 PM PDT Affidavit for Hindi signatory CLICK ON THE LINK... http://www.casansaar.com/files-Affidavits-Affidavit-for-Hindi-signatory/5854.html

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Test your knowledge & answer the query? Posted: 07 Jul 2016 07:43 PM PDT Dear sir,  My client has purchased Ac shed for an amount of Rs 2.51 lacs   in the year 95-96. In the year 97-98 he has demolished the Ac Shed and constructs a two floor building with an amount of Rs  CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Capital-Gain-issue/5376.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Coca-Cola India gets its first Chartered Accountant Woman CFO
• Procurement Of Arrangement For Preparation Accounts
• Income Tax To Scrutinise High Value Transactions, Penny Stock Trade
• Fat Tax Introduced in Kerala: 14.5% to be Levied on Fast Food
• Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate
• Custom Circular - Sale of goods at Duty Free Shops in Indian Currency
• Master Circular on SHG-Bank Linkage Programme
• Master Circular- Credit Facilities to Minority Communities
• Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs)
• Revision of interest rates for Small Savings Schemes
• Long Term (Subordinated) Deposits (LTDs) – Review of guidelines
• Discontinuation of Reporting of Bank Guarantee on behalf of service importers
• Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs)

• Raids on entry operators reveal new list of possible tax evaders

Coca-Cola India gets its first Chartered Accountant Woman CFO Posted: 08 Jul 2016 07:44 PM PDT Sarvita Sethi, a chartered accountant with more than 15 years of experience in corporate finance, is set to become the first woman chief financial officer of the country’s largest beve CLICK ON THE LINK... http://www.casansaar.com/news-Chartered-Accountant/Coca-Cola-India-gets-its-first-Chartered-Accountant-Woman-CFO/8060.html

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Procurement Of Arrangement For Preparation Accounts Posted: 08 Jul 2016 07:28 PM PDT Security Printing And Minting Corporation Of India Limited invites tender for Procurement Of Arrangement For Preparation Accounts. All information related to tender is attached in attachment. For CLICK ON THE LINK... http://www.casansaar.com/empanelment-Procurement-Of-Arrangement-For-Preparation-Accounts/1645.html

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Income Tax To Scrutinise High Value Transactions, Penny Stock Trade Posted: 08 Jul 2016 07:24 PM PDT Income Tax Department has asked its top officers to closely scrutinise high-value transactions and investments in penny stocks to identify potential black money holders who can avail the four-month co CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-To-Scrutinise-High-Value-Transactions-Penny-Stock-Trade/8059.html

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Fat Tax Introduced in Kerala: 14.5% to be Levied on Fast Food Posted: 08 Jul 2016 07:23 PM PDT As a measure to tackle the increasing rate of obesity, Kerala is all set to introduce the first ever 'fat tax' to be levied on junk and fast food items. In his budget speech, Kerala's Mini CLICK ON THE LINK... http://www.casansaar.com/news-VAT/Fat-Tax-Introduced-in-Kerala-14.5-to-be-Levied-on-Fast-Food/8058.html

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Indirect tax collection for the 1st quarter of 2016-17 indicates a growth rate Posted: 08 Jul 2016 07:23 PM PDT The figures of indirect tax collection for the 1st quarter of current  fiscal 2016-17 indicates a growth rate of 30.8% as compared to the 36.3% in the corresponding period of previous financial y CLICK ON THE LINK,,, http://www.casansaar.com/news-Excise/Indirect-tax-collection-for-the-1st-quarter-of-2016-17-indicates-a-growth-rate-of-30.8/8057.html

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Custom Circular - Sale of goods at Duty Free Shops in Indian Currency Posted: 08 Jul 2016 07:21 PM PDT Please refer to Circular No. 495 / 7 / 2005 – Cus VI dated 28th September 2005 regarding the ceiling in payments in Indian currency of Rs. 5000/- for purchases by passengers at duty free shops a CLICK ON THE LINK... http://www.casansaar.com/notification-Custom/Custom-Circular---Sale-of-goods-at-Duty-Free-Shops-in-Indian-Currency/3170.html

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Master Circular on SHG-Bank Linkage Programme Posted: 08 Jul 2016 07:20 PM PDT RBI/2016-17/3 FIDD.FID.BC.No.06/12.01.033/2016-17 July 01, 2016 The Chairman/ Managing Director/  Chief Executive Officer All Scheduled Commercial Banks Dear Sir Master Circular on CLICK ON THE LINK.... http://www.casansaar.com/notification-RBI/Master-Circular-on-SHG-Bank-Linkage-Programme/3172.html

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Master Circular- Credit Facilities to Minority Communities Posted: 08 Jul 2016 07:20 PM PDT RBI/2016-17/04 FIDD.GSSD.BC.No.01/09.10.01/2016-17 July 1, 2016 The Chairman/ Managing Director All Scheduled Commercial Banks Dear Sir, Master Circular- Credit Facilities to Minority Co CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Circular--Credit-Facilities-to-Minority-Communities/3173.html

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Master Circular - Credit facilities to Scheduled Castes (SCs) & Scheduled Tribes (STs) Posted: 08 Jul 2016 07:18 PM PDT RBI/2016-17/05 FIDD.CO.GSSD.BC.No.03/09.09.01/2016-17 July 01, 2016 The Chairman / Managing Director All Scheduled Commercial Banks Dear Sir, Master C CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Circular---Credit-facilities-to-Scheduled-Castes-SCs-Scheduled-Tribes-STs/3174.html

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Revision of interest rates for Small Savings Schemes Posted: 08 Jul 2016 07:18 PM PDT RBI/2016-17/6 DGBA. GAD.13/15.02.005/2016-17 July 7, 2016 The Chairman/Chief Executive Officer Agency Banks handling Public Provident Fund, Kisan Vikas Patra- 2014, Sukanya Samriddhi Account, CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Revision-of-interest-rates-for-Small-Savings-Schemes/3175.html

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Long Term (Subordinated) Deposits (LTDs) – Review of guidelines Posted: 08 Jul 2016 07:17 PM PDT RBI/2016-17/7 DCBR.BPD.Cir No. 21/09.18.201/2016-17 Ashadha 16, 1938 July 7, 2016 All Primary (Urban) Co-operative Banks (UCBs), State / District Central Co-operative Banks (StCBs / DCCBs) CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Long-Term-Subordinated-Deposits-LTDs-%E2%80%93-Review-of-guidelines/3176.html

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Discontinuation of Reporting of Bank Guarantee on behalf of service importers Posted: 08 Jul 2016 07:16 PM PDT RBI/2016-17/8 A.P. (DIR Series) Circular No. 1 July 07, 2016 To All Category - I Authorised Dealer Banks Madam/Sir, Discontinuation of Reporting of Bank Guarantee on behalf of service  CLICK ON THE LINK... http://www.casansaar.com/notification-FEMA/Discontinuation-of-Reporting-of-Bank-Guarantee-on-behalf-of-service-importers/3177.html

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Operationalisation of Central KYC Registry (CKYCR) and KYC norms for Foreign Portfolio Investors (FPIs) Posted: 08 Jul 2016 07:15 PM PDT RBI/2016-2017/11 DBR.AML.BC.No.1/14.01.001/2016-17 July 8, 2016 All Regulated Entities (REs) Dear Sir/Madam, Amendment to Master Direction on KYC – Operationalisation of Central KYC CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Operationalisation-of-Central-KYC-Registry-CKYCR-and-KYC-norms-for-Foreign-Portfolio-Investors-FPIs/3178.html

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Raids on entry operators reveal new list of possible tax evaders

Posted: 08 Jul 2016 09:51 AM PDT

The income tax department has prepared an integrated databank of suspected black money holders across the country who have taken the help of 'entry operators' to launder large amounts of unacc CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Raids-on-entry-operators-reveal-new-list-of-possible-tax-evaders/8056.html for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Workshop on Implication of Taxation in Real Estate Transactions
• Black money window: CBDT issues notification to ensure secrecy
• I Go Green With ICAI
• Finance Ministry modifies IT scrutiny notices; adds words of courtesy
• Ensuring 100% data entry of IDS Form 1 received in paper format by PCIT/CI
• Issue of notices under section 143(2) of Income-tax Act, 1961 in revised format
• NOC FOR REGISTERED ADDRESS
• TEST YOUR KNOWLEDGE & ANSWER THE QUERY?
• Karan Sharma-Karna tweeted: RT @rammadhavbjp: Must read... For some in Delhi studios

Workshop on Implication of Taxation in Real Estate Transactions Posted: 11 Jul 2016 07:57 PM PDT NIRC of ICAI, continuing with its series of Programmes under the CPE Scheme & to facilitate Members keeps abreast of the fast changing developments is organizing Workshops on Real Estate (Regulati CLICK ON THE LINK,,, http://www.casansaar.com/event-Income-Tax/Workshop-on-Implication-of-Taxation-in-Real-Estate-Transactions/105.html

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Black money window: CBDT issues notification to ensure secrecy Posted: 11 Jul 2016 07:39 PM PDT CBDT today issued a notification making it clear that information about those who declare their black money under the compliance window, ending September 30, will be kept secret.  The notifica CLICK ON THE LINK... http://www.casansaar.com/news-Black-Money/Black-money-window-CBDT-issues-notification-to-ensure-secrecy/8066.html

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I Go Green With ICAI Posted: 11 Jul 2016 07:37 PM PDT As you may be aware, more than 275,000 copies of The Chartered Accountant journal are printed monthly providing useful knowledge to readers. However, printing such a huge quantity requires tons of pap CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/I-Go-Green-With-ICAI/8065.html

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Finance Ministry modifies IT scrutiny notices; adds words of courtesy Posted: 11 Jul 2016 07:36 PM PDT In a bid to end taxpayers' harassment, the Finance Ministry has "modified" the Income Tax department notice issued for the tedious scrutiny procedure by bringing in "three new forma CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/Finance-Ministry-modifies-IT-scrutiny-notices-adds-words-of-courtesy/8064.html

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Ensuring 100% data entry of IDS Form 1 received in paper format by PCIT/CI Posted: 11 Jul 2016 07:35 PM PDT DIRECTORATE OF INCOME TAX (SYSTEMS) ARA Center, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055 F.No. 1/20/CIT(OSD)/efiling/Electronic Verification/2013-14 Dated: 11/07/20 CLICK ON THE LINK,,, http://www.casansaar.com/notification-CBDT/Ensuring-100-data-entry-of-IDS-Form-1-received-in-paper-format-by-PCITCI/3187.html

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Issue of notices under section 143(2) of Income-tax Act, 1961 in revised format Posted: 11 Jul 2016 07:34 PM PDT F.No. 225/162/2016/ITA.II Government of India Ministry of Finance Department of Revenue (CBDT)  F.No. 225/162/2016/ITA.II North Block, New Delhi, Dated the 11th of July, 2016 To CLICK ON THE LINK,,, http://www.casansaar.com/notification-Income-Tax/Issue-of-notices-under-section-1432-of-Income-tax-Act-1961-in-revised-format/3186.html

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NOC FOR REGISTERED ADDRESS Posted: 11 Jul 2016 07:33 PM PDT NOC FOR REGISTERED ADDRESS CLICK HERE TO DOWNLOAD... http://www.casansaar.com/files-Agreements-NOC-FOR-REGISTERED-ADDRESS/5856.html

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TEST YOUR KNOWLEDGE & ANSWER THE QUERY? Posted: 11 Jul 2016 08:00 PM PDT In case of Listed Company, Do we need to intimate ROC as well as Stock Exchange about increase in Shareholding of Market Maker by 2% or more ? CLICK ON THE LINK... http://www.casansaar.com/queries-Corporate-Law/Changes-in-Shareholding-Position-of-Listed-Company/5375.html

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Karan Sharma-Karna tweeted: RT @rammadhavbjp: Must read... For some in Delhi studios Posted: 11 Jul 2016 01:52 AM PDT Popular in your network Karan Sharma-Karna @karnasharma27 RT @rammadhavbjp: Must read... For some in Delhi studios twitter.com/billroggio/sta… Ravi Bhadoria @ravibhadoria Then no need to watch... Good night twitter.com/RitaG74/status… kanimozhi @kanimozhi RT @sgurumurthy: My interview in The Hindu on Madhorubhagan/perumal murugan issue. defence of the opposition to 'Madhorubhagan' https://t.cln.is/m.thehindu.com… Dr Anish Kumar™ @draksbond RT @IAbhi_s: Sir @msisodia Did u hire ur Mentally Retarded Sena (AAPTards) 2 draft d contents of ths ad Or Modi is responsible https://t.c Avinash Mishr @iAvinashMishr RT @TrollKejri: Proud of You @ArvindKejriwal (with new updates ) सत्यसाधक☺TruthSeeker @RituRathaur Mr AmitBaliyan,i dont need a certificate 4m U on my nationalism Question those who abuse RW women if u have guts twitter.com/Iamitbalyan/st… Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 - - - - - - - - - - - - - - - - - - - - - - - - -

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Blackmoney declarants cannot pay tax from undeclared income
• E-filing: ATM-based validation facility enhanced
• CBDT directs IT depatment to fast track refunds
• Narendra Modi Govt to strip ICAI, ICSI, MCI of Powers
• IDS 2016 – Government Issues Clarifications in the form of Fourth Se
• IDS 2016 – Government Revises Time Schedule for Making Payments unde
• Recommendations of SIT on Black Money as Contained in the Fifth SIT Re
• Indiabulls office raided by Income Tax department in Rs 1500 crore tax
• Investments in Non-SLR instruments by State / Central Co-operative Banks
• Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes
• Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India
• Master Circular – Mobile Banking transactions in India – Operative Guidelines for Banks
• Sovereign Gold Bonds, 2016-17 - Operational Guidelines
• DISA Partner required
• BOARD RESOLUTION FOR AUDITOR APPOINTMENT

• Test your knowledge & answer the query?

Blackmoney declarants cannot pay tax from undeclared income Posted: 14 Jul 2016 08:13 PM PDT The government clarified on Thursday that blackmoney declarants using the one-time compliance window cannot pay tax and penalty from undisclosed income to bring down their liability and such acts will CLICK ON THE LINK... http://www.casansaar.com/news-Black-Money/Blackmoney-declarants-cannot-pay-tax-from-undeclared-income/8076.html

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E-filing: ATM-based validation facility enhanced Posted: 14 Jul 2016 08:12 PM PDT The Income Tax department has widened the ATM-based validation system for filing of online Returns by taxpayers. The department has included Axis Bank to enhance the paperless regime of filing the ann CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/E-filing-ATM-based-validation-facility-enhanced/8075.html

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CBDT directs IT depatment to fast track refunds Posted: 14 Jul 2016 08:06 PM PDT In order to provide immediate relief to tax payers, the Central Board of Direct Taxes  has directed the Income Tax department to ‘expeditiously’ issue refunds worth `5,000 for last th CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-directs-IT-depatment-to-fast-track-refunds/8074.html

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Narendra Modi Govt to strip ICAI, ICSI, MCI of Powers Posted: 14 Jul 2016 08:03 PM PDT The government is planning a comprehensive overhaul of certain watchdogs — which are simultaneously acting as the representative bodies of important professional services — by stripping th CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/Narendra-Modi-Govt-to-strip-ICAI-ICSI-MCI-of-Powers/8073.html

for detail visit www.casansaar.com

IDS 2016 – Government Issues Clarifications in the form of Fourth Se Posted: 14 Jul 2016 07:55 PM PDT The Income Declaration Scheme, 2016 provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. The Board has issued th CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/IDS-2016-%E2%80%93-Government-Issues-Clarifications-in-the-form-of-Fourth-Set-of-Frequently-Asked-Questions-FAQs/8069.html

for detail visit www.casansaar.com

IDS 2016 – Government Revises Time Schedule for Making Payments unde Posted: 14 Jul 2016 07:54 PM PDT During the course of meetings and seminars held in different parts of the country, various stakeholders have expressed concern that the time period available under the Scheme up to 30th November, 2016 CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/IDS-2016-%E2%80%93-Government-Revises-Time-Schedule-for-Making-Payments-under-the-Scheme/8070.html

for detail visit www.casansaar.com

Recommendations of SIT on Black Money as Contained in the Fifth SIT Re Posted: 14 Jul 2016 07:53 PM PDT the Fifth SIT report has been submitted before the Hon’ble Supreme Court by the SIT. An extract of the report has been uploaded on Department of Revenue website www.dor.gov.in. The CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Recommendations-of-SIT-on-Black-Money-as-Contained-in-the-Fifth-SIT-Report/8071.html

for detail visit www.casansaar.com

Indiabulls office raided by Income Tax department in Rs 1500 crore tax Posted: 14 Jul 2016 07:52 PM PDT Income Tax department raided at least 20 premises of Indiabulls on Wednesday across Mumbai, Delhi and Chennai. This was one of the biggest raids undertaken by the I-T department in recent times. The r CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Indiabulls-office-raided-by-Income-Tax-department-in-Rs-1500-crore-tax-evasion-case/8072.html

for detail visit www.casansaar.com

Investments in Non-SLR instruments by State / Central Co-operative Banks Posted: 14 Jul 2016 07:51 PM PDT RBI/2016-17/14 DCBR.BPD.BC.No. 01/19.51.026/2016-17 Ashadha 23, 1938 July 14, 2016 All State / Central Co-operative Banks Dear Sir / Madam, Investments in Non-SLR instruments by State / CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Investments-in-Non-SLR-instruments-by-State-Central-Co-operative-Banks/3190.html

for detail visit www.casansaar.com

Facility for Exchange of Soiled/ Mutilated/ Imperfect Notes Posted: 14 Jul 2016 07:49 PM PDT RBI/2016-17/15 DCM (NE) No.120/08.07.18/2016-17 July 14, 2016 Chairman and Managing Director/ Managing Director / Chief Executive Officer All Banks Dear Sir / Madam, Facility for Exchan CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Facility-for-Exchange-of-Soiled-Mutilated-Imperfect-Notes/3191.html

for detail visit www.casansaar.com

Master Circular – Policy Guidelines on Issuance and Operation of Pre-paid Payment Instruments in India Posted: 14 Jul 2016 07:49 PM PDT RBI/2016-2017/16 DPSS.CO.PD.PPI.No.01/02.14.006/2016-17 July 01, 2016 All Prepaid Payment Instrument Issuers, System Providers, System Participants and all other Prospective Prepaid Payment In CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Circular-%E2%80%93-Policy-Guidelines-on-Issuance-and-Operation-of-Pre-paid-Payment-Instruments-in-India/3192.html

for detail visit www.casansaar.com

Master Circular – Mobile Banking transactions in India – Operative Guidelines for Banks Posted: 14 Jul 2016 07:48 PM PDT RBI/2016-17/17 DPSS.CO.PD.Mobile Banking.No./2/02.23.001/2016-2017 July 1, 2016 The Chairman and Managing Director / Chief Executive Officers All Scheduled Commercial B CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Circular-%E2%80%93-Mobile-Banking-transactions-in-India-%E2%80%93-Operative-Guidelines-for-Banks/3193.html

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Sovereign Gold Bonds, 2016-17 - Operational Guidelines Posted: 14 Jul 2016 07:46 PM PDT RBI/2016-17/19 IDMD.CDD.No.112/14.04.050/2016-17 July 14, 2016 The Chairman & Managing Director All Scheduled Commercial Banks (Excluding RRBs) Designated Post Offices Stock Holding Cor CLICK ON -THE LINK... http://www.casansaar.com/notification-RBI/Sovereign-Gold-Bonds-2016-17---Operational-Guidelines/3194.html

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DISA Partner required Posted: 14 Jul 2016 07:45 PM PDT DISA Partner required: Bathinda based CA firm having office in Mohali is looking for female FCA/ACA with DISA qualification & holding COP as partner from Chandigarh , Delhi  etc. Interested members please contact o CLICK ON THE LINK.... http://www.casansaar.com/classified-ads-Partners-Required/DISA-Partner-required/5042.html

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BOARD RESOLUTION FOR AUDITOR APPOINTMENT Posted: 14 Jul 2016 07:43 PM PDT BOARD RESOLUTION FOR AUDITOR APPOINTMENT: CLICK ON THE LINK TO DOWNLOAD.. http://www.casansaar.com/files-General-BOARD-RESOLUTION-FOR-AUDITOR-APPOINTMENT/5863.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 14 Jul 2016 07:43 PM PDT Is it necessary to file tds return of 24Q CLICK ON -THE LINK.... http://www.casansaar.com/queries-Income-Tax/TDS-Filling/5384.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• CAG Enplaned Charted Accountant Firms for Audit of Accounts of Distric
• Can’t deny tax relief to buyer if builder delays flat delivery - ITA
• RBI asks banks to exchange upto 20 soiled notes free of charge
• About 100 companies get government notice on CSR spend
• No Change in TCS Return Filing Dates
• Companies must obtain written consent from Cost Auditor prior to his appointment
• PARTNERS REQUIRED
• Income tax refund status, Assessment status, Assessee Profile Managem

• Test your knowledge & answer the query?

CAG Enplaned Charted Accountant Firms for Audit of Accounts of Distric Posted: 15 Jul 2016 09:11 PM PDT Government Of Orissa invites tender for Audit of Accounts of District Child Protection Unit. Last date for submission of tender is 29.07.2016 CLICK ON THE LINK... http://www.casansaar.com/empanelment-CAG-Enplaned-Charted-Accountant-Firms-for-Audit-of-Accounts-of-District-Child-Protection-Unit/1651.html

for detail visit www.casansaar.com

Can’t deny tax relief to buyer if builder delays flat delivery - ITA Posted: 15 Jul 2016 09:10 PM PDT The Mumbai bench of the Income-Tax Appellate Tribunal (ITAT) has held that a taxpayer cannot be denied investment-related tax benefits if due to a builder's fault the taxpayer does CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Can%E2%80%99t-deny-tax-relief-to-buyer-if-builder-delays-flat-delivery---ITAT/8078.html

for detail visit www.casansaar.com

RBI asks banks to exchange upto 20 soiled notes free of charge Posted: 15 Jul 2016 09:06 PM PDT In an effort to improve customer service, RBI today asked banks to exchange up to 20 pieces of soiled currency notes with a maximum value of Rs 5,000 over the counter free of charge.  However, CLICK ON THE LINK.... http://www.casansaar.com/news-RBI/RBI-asks-banks-to-exchange-upto-20-soiled-notes-free-of-charge/8077.html

for detail visit www.casansaar.com

About 100 companies get government notice on CSR spend Posted: 15 Jul 2016 09:04 PM PDT The Registrar of Companies (RoC) has served warning to about 100 companies over non-disclosure or improper disclosure of their corporate social responsibility (CSR) spending, sending a strong signal t CLICK ON THE LINK... http://www.casansaar.com/news-Corporate-Law/About-100-companies-get-government-notice-on-CSR-spend/8079.html

for detail visit www.casansaar.com

No Change in TCS Return Filing Dates Posted: 15 Jul 2016 09:04 PM PDT In recent years, CBDT has made efforts to rationalize the provisions and procedures of Tax Deduction at source (TDS) and Tax collected at source (TCS). The recent amendments of extending the date for CLICK ON THE LINK... http://www.casansaar.com/articles-Income-Tax/No-Change-in-TCS-Return-Filing-Dates/3168.html

for detail visit www.casansaar.com

Companies must obtain written consent from Cost Auditor prior to his appointment Posted: 15 Jul 2016 09:03 PM PDT Companies (cost records and audit) Amendment Rules, 2016, Dated 14-07-2016. G.S.R................. (E).- In exercise ofthe powers conferred by sub-sections (1) and(2) ofsection 469 and section 148 CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/Companies-must-obtain-written-consent-from-Cost-Auditor-prior-to-his-appointment/3196.html

for detail visit www.casansaar.com

PARTNERS REQUIRED Posted: 15 Jul 2016 09:01 PM PDT Respected Professionals, Greetings!!! We urgently require one partner in both salem and coimbatore. If any Interested Member may contact Chandrasekar @ CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/PARTNERS-REQUIRED/5043.html

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Income tax refund status, Assessment status, Assessee Profile Managem Posted: 15 Jul 2016 09:01 PM PDT Income tax refund status, Assessment status, Assessee Profile Managem: CLICK ON THE LINK..,,, http://www.casansaar.com/files-Income-Tax-Income-tax-refund-status-Assessment-status-Assessee-Profile-Management-in-Excel/5864.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 15 Jul 2016 09:00 PM PDT Hello Sir/Mam, I have querry regarding service tax on Tour operator. From 01/10/2014 Tour opertor has been given an advantage to avail the CCR on input service from another tour operator. ABC P CLICK ON THE LINK... http://www.casansaar.com/queries-Service-Tax/Cenvat-Credit/5373.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• RPF for for engagement of Concurrent Auditors for NABARD
• Good Luck - CA Final , ISA & CPT Exam Results 2016 Likely to be announ
• CBDT tightens scrutiny rules for assessing officers
• SC to examine if entry tax violates constitutional guarantee freedom o
• Cost Audit requirements made stricter for Companies
• CENVAT CREDIT ON SET TOP BOX
• Government ups advertising spending limit of income tax brass to Rs 50
• PARTNERS REQUIRED
• PRIVATE PLACEMENT OFFER LETTER

• Test your knowledge & answer the query?

RPF for for engagement of Concurrent Auditors for NABARD Posted: 17 Jul 2016 07:36 PM PDT Request for Proposal (RFP) for engagement of Concurrent Auditors for National Bank for Agriculture and Rural Development (NABARD) #casansaar CLICK ON THE LINK... http://www.casansaar.com/empanelment-RPF-for-for-engagement-of-Concurrent-Auditors-for-NABARD/1658.html

for detail visit www.casansaar.com

Good Luck - CA Final , ISA & CPT Exam Results 2016 Likely to be announ Posted: 17 Jul 2016 07:32 PM PDT The Institute of Chartered Accounts of India (ICAI) will soon declare the Chartered Accountants (CA) final examination and Common Proficiency Test (CPT) exam result 2016. The Common Proficiency Test ( CLICK ON THE LINK... http://www.casansaar.com/news-CA-Results/Good-Luck---CA-Final-ISA-CPT-Exam-Results-2016-Likely-to-be-announced-today/8084.html

for detail visit www.casansaar.com

CBDT tightens scrutiny rules for assessing officers Posted: 17 Jul 2016 07:35 PM PDT If you have received an income-tax scrutiny notice, there's no need to be unduly fearful as the government has sought to protect you against possible harassment.  That's in line with P CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/CBDT-tightens-scrutiny-rules-for-assessing-officers/8083.html

for detail visit www.casansaar.com

SC to examine if entry tax violates constitutional guarantee freedom o Posted: 17 Jul 2016 07:15 PM PDT A nine judge constitution bench of the Supreme Court bench will hear from Tuesday a batch of petitions by some top corporate houses and business associations challenging the imposition of entry tax by CLICK ON THE LINK... http://www.casansaar.com/news-General/SC-to-examine-if-entry-tax-violates-constitutional-guarantee-freedom-of-trade/8082.html

for detail visit www.casansaar.com

Cost Audit requirements made stricter for Companies Posted: 17 Jul 2016 07:07 PM PDT Companies will now have to ensure that all statements annexed with their cost audit reports are first approved by their boards of directors before final submission. The Corporate Affairs Ministry, CLICK ON THE LINK... http://www.casansaar.com/news-ICWAI/Cost-Audit-requirements-made-stricter-for-Companies/8081.html

for detail visit www.casansaar.com

CENVAT CREDIT ON SET TOP BOX Posted: 17 Jul 2016 07:07 PM PDT CENVAT CREDIT ON SET TOP BOX INTRODUCTION   Service providers have at least a Telephone in their office. They are paying service tax on the telephone charges. The service tax on telephone CLICK ON THE LINK... http://www.casansaar.com/articles-Service-Tax/CENVAT-CREDIT-ON-SET-TOP-BOX/3167.html

for detail visit www.casansaar.com

Government ups advertising spending limit of income tax brass to Rs 50 Posted: 17 Jul 2016 07:07 PM PDT With the government pulling out all the stops to make the one-time black money compliance window a success, the Income Tax Department has now hiked financial powers of its supervisory officers for pub CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Government-ups-advertising-spending-limit-of-income-tax-brass-to-Rs-50-lakh/8080.html

for detail visit www.casansaar.com

PARTNERS REQUIRED Posted: 17 Jul 2016 06:58 PM PDT Respected Professionals, Greetings!!! We urgently require one partner in both salem and coimbatore. If any Interested Member may contact Chandrasekar @ 9884 CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/PARTNERS-REQUIRED/5043.html

for detail visit www.casansaar.com

PRIVATE PLACEMENT OFFER LETTER Posted: 17 Jul 2016 06:57 PM PDT PRIVATE PLACEMENT OFFER LETTER: CLICK ON THE LINK TO DOWNLOAD,,, http://www.casansaar.com/files-Corporate-Law-PRIVATE-PLACEMENT-OFFER-LETTER/5860.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 17 Jul 2016 06:56 PM PDT Sir Kindly reply on my query One of our company issued fresh equity shares in FY 2013-14 No. of shares 125500 shares  Face value - Rs 10/- Premium on share - 90/- Total amount 12550000/- R CLICK ON THE LINK TO ANSWER..,,,,, http://www.casansaar.com/queries-Income-Tax/income-tax/5387.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Appointment of Concurrent Auditors of IIDL
• Nine lakh cases under Income Tax Scanner: CBDT
• Now Get PAN, TAN for Corporates in a Day
• SEBI issues draft paper on REIT to attract investors, realtors
• Central Board of Direct Taxes (CBDT) signs seven Unilateral APA
• RBI to make funds transfer via smartphones easier
• Pass Percentage of CA Final May 2016 & CPT June 2016 Exams

• CENVAT CREDIT ON SET TOP BOX

• Master Circular – Facility for Exchange of Notes and Coins
• Format for list of allotees for fresh security allotment.

• Test your knowledge & answer the query?

• Saffron Tigers tweeted: Thanks For Confirming .

Appointment of Concurrent Auditors of IIDL Posted: 18 Jul 2016 07:44 PM PDT Appointment of Concurrent Auditors of IFCI Infrastructure Development Ltd. The last date and time for receipt of Bid document is August 01, 2016 till 2.00 P.M #casansaar CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Appointment-of-Concurrent-Auditors-of-IIDL/1657.html

for detail visit www.casansaar.com

Nine lakh cases under Income Tax Scanner: CBDT Posted: 18 Jul 2016 07:41 PM PDT The CBDT is looking into about nine lakh pieces of information of high-value transactions and planning to send preliminary notices to the suspected cases. Out of the total nine lakh pieces, one lakh c CLICK ON THE LINK.... http://www.casansaar.com/news-CBDT/Nine-lakh-cases-under-Income-Tax-Scanner-CBDT/8090.html

for detail visit www.casansaar.com

Now Get PAN, TAN for Corporates in a Day Posted: 18 Jul 2016 07:40 PM PDT For a greater ease of doing business in India, the Central Board of Direct Taxes (CBDT) on Monday said it has put in place new protocols which will ensure that corporates are allotted PAN and Tax Dedu CLICK ON THE LINK,,,, http://www.casansaar.com/news-PAN/Now-Get-PAN-TAN-for-Corporates-in-a-Day/8089.html

for detail visit www.casansaar.com

SEBI issues draft paper on REIT to attract investors, realtors Posted: 18 Jul 2016 07:38 PM PDT With an aim to make the Real Estate Investment Trusts (Reits) more attractive to investors and real estate players, the Securities and Exchange Board of India (Sebi) on Monday proposed relax CLICK ON THE LINK..... http://www.casansaar.com/news-SEBI/SEBI-issues-draft-paper-on-REIT-to-attract-investors-realtors/8088.html

for detail visit www.casansaar.com

Central Board of Direct Taxes (CBDT) signs seven Unilateral APA Posted: 18 Jul 2016 07:38 PM PDT The Central Board of Direct Taxes (CBDT) entered into seven (7) Unilateral Advance Pricing Agreements (APAs) today, i.e., 18th July, 2016, with Indian taxpayers. Some of these agreements also have a & CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/Central-Board-of-Direct-Taxes-CBDT-signs-seven-Unilateral-Advance-Pricing-Agreements-APAs/8087.html

for detail visit www.casansaar.com

RBI to make funds transfer via smartphones easier Posted: 18 Jul 2016 07:37 PM PDT RBI said it will become easier in coming weeks for people to transfer funds between bank accounts through their smartphones. Speaking at the IDRBT Banking Technology Excellence Awards function, RBI CLICK ON THE LINK,,,, http://www.casansaar.com/news-RBI/RBI-to-make-funds-transfer-via-smartphones-easier/8086.html

for detail visit www.casansaar.com

Pass Percentage of CA Final May 2016 & CPT June 2016 Exams Posted: 18 Jul 2016 07:36 PM PDT CA Final Year May 2016 Exams & CPT June 2016 Exams has been announced by ICAI. The Detail of percentage of candidates passed in the above said examinations are given below. CA Final Both Gro CLICK ON THE LINK,,, http://www.casansaar.com/news-CA-Results/Pass-Percentage-of-CA-Final-May-2016-CPT-June-2016-Exams/8085.html

for detail visit www.casansaar.com

CENVAT CREDIT ON SET TOP BOX

Posted: 18 Jul 2016 07:34 PM PDT CENVAT CREDIT ON SET TOP BOX INTRODUCTION Service providers have at least a Telephone in their office. They are paying service tax on the telephone charges. The service tax on telephone  CLICK ON THE LINK,,, http://www.casansaar.com/articles-Service-Tax/CENVAT-CREDIT-ON-SET-TOP-BOX/3167.html

for detail visit www.casansaar.com

Master Circular – Facility for Exchange of Notes and Coins Posted: 18 Jul 2016 07:33 PM PDT RBI/2016-17/21 DCM (NE) No.G-1/08.07.18/2016-17 July 18, 2016 The Chairman and Managing Director / The Managing Director/ The Chief Executive Officer All Banks Madam / Dear Sir Master  CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Master-Circular-%E2%80%93-Facility-for-Exchange-of-Notes-and-Coins/3198.html

for detail visit www.casansaar.com

Format for list of allotees for fresh security allotment. Posted: 18 Jul 2016 07:32 PM PDT Format for list of allotees for fresh security allotment. CLICK ON THE LINK,,, http://www.casansaar.com/files-Corporate-Law-Format-for-list-of-allotees-for-fresh-security-allotment./5859.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 18 Jul 2016 07:31 PM PDT Equalisation Levy: under the which head paid in challan no. 280 or 281. CLICK ON THE LINK,,, http://www.casansaar.com/queries-Income-Tax/Equalisation-Levy/5381.html

for detail visit www.casansaar.com

Saffron Tigers tweeted: Thanks For Confirming . Posted: 18 Jul 2016 02:37 AM PDT Popular in your network Saffron Tigers @Saffron_Tigers Thanks For Confirming . twitter.com/MIB_India/stat… seema choudhary @Seems3r This news just proves that @ArvindKejriwal is nothing more than a political Drama Queen !! #NastikKejri twitter.com/abpnewshindi/s… गुनगुन @BeingGungun RT @singhshweta04: Weather romantic ☁☔ Thoughts sarcastic 😜 Mօɖɨʄɨɛɖ Rɛռʊ @renu_18 RT @disha_in_way: Makkar has a religion or not, I dunno... but he has a name surely... Yes of course Arvind Kejriwal.. Arnab Goswami @iGoswamiArnab RT @RajanRDX: You can easily identify the psychopath's of @ArvindKejriwal Apna kaun paraya kaun?? Manesha @Manesha76 RT @htTweets: Battle in J&K is between country & separatists: @arunjaitley in Rajya Sabha (ANI) Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 - - - - - - - - - - - - - - - - - - - - - - - - -

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Outsourcing of VAT work in Hyderabad, Telangana
• ICAI Convocation 2016 Programme Schedule
• Income Tax department to write to over 2.59 lakh taxpayers
• ICAI President asks CA firms to undergo peer review
• Synchronisation of financial accounting year with calendar year
• Master Direction on Currency Distribution & Exchange Scheme (CDES) based on performance in rendering customer service to the members of public
• Master Circular –Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public
• Master Circular – Detection and Impounding of Counterfeit Notes
• In exercise of the powers conferred by sub- section (1) of section 381 of the Companies Act, 2013 (18 of 2013)
• Companies (Share Capital and Debentures) Third Amendment Rules, 2016
• Manual Signature on Digitally Signed Invoices
• BOARD MINUTES FOR SHARE ALLOTMENT
• Board Resolution Vat Registration

• Test your knowledge & answer the query?

Outsourcing of VAT work in Hyderabad, Telangana Posted: 20 Jul 2016 07:40 PM PDT Looking for Chartered Accountant from Hyderabad, Telangana who are doing Practice in VAT for some oursoource work in Hyderabad. if any one interested then please call. Vivek Khurana @ Mob. 9868520786 CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Offered-Networking-Assignments/Outsourcing-of-VAT-work-in-Hyderabad-Telangana/5050.html

for detail visit www.casansaar.com

ICAI Convocation 2016 Programme Schedule Posted: 20 Jul 2016 07:28 PM PDT In order to promote a sense of comradeship among members and for bringing them closer to the Institute, the Institute of Chartered Accountants of India (ICAI) organize Convocations for distributing ce CLICK ON THE LINK... http://www.casansaar.com/news-GST/ICAI-Convocation-2016-Programme-Schedule/8096.html

for detail visit www.casansaar.com

Income Tax department to write to over 2.59 lakh taxpayers Posted: 20 Jul 2016 07:06 PM PDT After unleashing a massive awareness campaign for the one-time black money compliance window, the tax authority will now write to over 2.59 lakh taxpayers to avail benefits of a similar scheme where a CLICK ON THE LINK... http://www.casansaar.com/news-Income-Tax/Income-Tax-department-to-write-to-over-2.59-lakh-taxpayers/8094.html

for detail visit www.casansaar.com

ICAI President asks CA firms to undergo peer review Posted: 20 Jul 2016 07:06 PM PDT M Devaraja Reddy, president of the Institute of Chartered Accountants of India, has called upon CA firms to undergo peer review by ICAI to improve their competence. The peer reviewed CA CLICK ON THE LINK... http://www.casansaar.com/news-ICAI/ICAI-President-asks-CA-firms-to-undergo-peer-review/8093.html

for detail visit www.casansaar.com

Synchronisation of financial accounting year with calendar year Posted: 20 Jul 2016 07:05 PM PDT Government has constituted a Committee to examine the desirability and feasibility of having a new financial year and give its recommendations by 31st December, 2016.  The terms of reference ( CLICK ON THE LINK... http://www.casansaar.com/news-Accounts/Synchronisation-of-financial-accounting-year-with-calendar-year/8092.html

for detail visit www.casansaar.com

Master Direction on Currency Distribution & Exchange Scheme (CDES) based on performance in rendering customer service to the members of public Posted: 20 Jul 2016 07:04 PM PDT RBI/DCM/2016-17/36 Master Direction DCM (CC) No.G-4/03.41.01/2016-17 July 20, 2016 The Chairman and Managing Director / Chief Executive Officers, All Banks Madam / Dear Sir, Master Dire CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Direction-on-Currency-Distribution-Exchange-Scheme-CDES-based-on-performance-in-rendering-customer-service-to-the-members-of-public/3206.html

for detail visit www.casansaar.com

Master Circular –Scheme of Penalties for bank branches based on performance in rendering customer service to the members of public Posted: 20 Jul 2016 07:02 PM PDT RBI/2016-17/23 DCM (CC) No.G-3/03.44.01/2016 – 17 July 20, 2016 The Chairman & Managing Director  Chief Executive Officers All Banks Madam / Dear Sir, Master Circular &nd CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Circular-%E2%80%93Scheme-of-Penalties-for-bank-branches-based-on-performance-in-rendering-customer-service-to-the-members-of-public/3205.html

for detail visit www.casansaar.com

Master Circular – Detection and Impounding of Counterfeit Notes Posted: 20 Jul 2016 07:02 PM PDT RBI/2016-17/22 DCM (FNVD) G–6/16.01.05/2016-17 July 20, 2016 The Chairman / Managing Director, Commercial Banks, Cooperative Banks, RRBs, Private Banks, Foreign Banks and Director of T CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Master-Circular-%E2%80%93-Detection-and-Impounding-of-Counterfeit-Notes/3204.html

for detail visit www.casansaar.com

In exercise of the powers conferred by sub- section (1) of section 381 of the Companies Act, 2013 (18 of 2013) Posted: 20 Jul 2016 06:56 PM PDT S.O.. . ... ... . . . . . (E) - In exercise of the powers conferred by sub- section (1) of section 381 of the Companies Act, 2013 (18 of 2013) (hereinafter referred to as CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/In-exercise-of-the-powers-conferred-by-sub--section-1-of-section-381-of-the-Companies-Act-2013-18-of-2013/3203.html

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Companies (Share Capital and Debentures) Third Amendment Rules, 2016 Posted: 20 Jul 2016 06:56 PM PDT G.S.R. ......(E).-In exercise of the powers conferred by sub-sections (1) and(2) of section 46g of the Companies Act, 2013(18of2013), the Central Government hereby makes the following rules further to CLICK ON THE LINK... http://www.casansaar.com/notification-Companies-Act/Companies-Share-Capital-and-Debentures-Third-Amendment-Rules-2016/3202.html

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Manual Signature on Digitally Signed Invoices Posted: 20 Jul 2016 06:55 PM PDT It is hereby clarified that a manufacturer or a service provider who opts to issue invoices authenticated by digital signature may print a copy of such invoice and signed them manually and forward the CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/Manual-Signature-on-Digitally-Signed-Invoices/3200.html

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BOARD MINUTES FOR SHARE ALLOTMENT Posted: 20 Jul 2016 06:53 PM PDT BOARD MINUTES FOR SHARE ALLOTMENT: CLICK ON THE LINK./... http://www.casansaar.com/files-Minutes-BOARD-MINUTES-FOR-SHARE-ALLOTMENT/5861.html

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Board Resolution Vat Registration Posted: 20 Jul 2016 06:53 PM PDT Board Resolution Vat Registration: CLICK ON THE LINK... http://www.casansaar.com/files-VAT-Board-Resolution-Vat-Registration/5862.html

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Test your knowledge & answer the query?

Posted: 20 Jul 2016 06:52 PM PDT Hi, My client, who is in the business of manpower recruitment, has paid subscription charges to a online job portal for posting potential candidate profiles and accessing database. Kindly let me kn CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/TDS/5388.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• appointment of Internal Auditor for DIC project of UIET, Panjab Univer
• IT Dept to ssue seven lakh letters seeking high value non PAN transact
• CBI chargesheets ex-IT Dy Commissioner in graft case
• ‘START-UP INDIA’ - Coverage and Eligibility
• Only 18% of Indian companies ready for mandatory audit firm rotation
• RBI to monitor banks on customer rights
• Differences between a 'Home loan' and a 'Loan against property'
• Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards
• Classification of Micronutrients, Multi-micronutrients, Plant Growth Regulators and Fertilizers-clarification regarding classification of Glyphosates
• DT Assessment Procedures

• Test your knowledge & answer the query?

appointment of Internal Auditor for DIC project of UIET, Panjab Univer Posted: 21 Jul 2016 07:41 PM PDT The quotation in 2 (two) parts Part-I Technical bid and Part-II, Price Bid sealed in 2 (two) separate envelops clearly superscribing “Technical Bid” and “ Financial Bid” on res CLICK ON THE LINK,,,, http://www.casansaar.com/empanelment-appointment-of-Internal-Auditor-for-DIC-project-of-UIET-Panjab-University/1659.html

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IT Dept to ssue seven lakh letters seeking high value non PAN transact Posted: 21 Jul 2016 07:30 PM PDT Income Tax Department will issue seven lakh letters seeking information regarding high value non PAN transactions.  An official release issued today, said various types of high-value transacti CLICK ON THE LINK.... http://www.casansaar.com/news-Income-Tax/IT-Dept-to-ssue-seven-lakh-letters-seeking-high-value-non-PAN-transactions/8097.html

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CBI chargesheets ex-IT Dy Commissioner in graft case Posted: 21 Jul 2016 07:29 PM PDT CBI has chargesheeted former Deputy Commissioner of Income Tax Yogendra Mittal for allegedly taking illegal gratification from StockGuru scam accused Ullas Prabhakar Khaire in exchange of an assurance CLICK ON THE LINK.... http://www.casansaar.com/news-Income-Tax/CBI-chargesheets-ex-IT-Dy-Commissioner-in-graft-case/8098.html

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‘START-UP INDIA’ - Coverage and Eligibility Posted: 21 Jul 2016 07:28 PM PDT Press Information Bureau Government of India Ministry of Commerce & Industry 20-July-2016 14:28 IST ‘START-UP INDIA’-Coverage and Eligibility         & CLICK ON THE LINK,,,,, http://www.casansaar.com/news-Corporate-Law/%E2%80%98START-UP-INDIA%E2%80%99---Coverage-and-Eligibility/8099.html

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Only 18% of Indian companies ready for mandatory audit firm rotation Posted: 21 Jul 2016 07:28 PM PDT Only 18 per cent Indian companies are prepared to rotate by 1 April 2017 auditors who have completed 10 years or more as required under the Companies Act 2013, a survey by Grant Thornton and Prime Dat CLICK ON THE LINK,,, http://www.casansaar.com/news-Auditing/Only-18-of-Indian-companies-ready-for-mandatory-audit-firm-rotation/8100.html

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RBI to monitor banks on customer rights Posted: 21 Jul 2016 07:27 PM PDT Reserve Bank will shortly start monitoring banks on issues relating to customer rights in five broad areas, a senior official said today. The areas on which the regulator will be conducting surveys CLICK ON THE LINK... http://www.casansaar.com/news-RBI/RBI-to-monitor-banks-on-customer-rights/8101.html

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Differences between a 'Home loan' and a 'Loan against property' Posted: 21 Jul 2016 07:27 PM PDT I have observed that many people can not differentiate correctly between a 'home loan' and a 'loan against property'. Many people call me to inquire about a 'home loan' against CLICK ON THE LINK... http://www.casansaar.com/articles-Banking/Differences-between-a-Home-loan-and-a-Loan-against-property/3172.html

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Liquidity Coverage Ratio (LCR), Liquidity Risk Monitoring Tools and LCR Disclosure Standards Posted: 21 Jul 2016 07:25 PM PDT RBI/2016-17/25 DBR.BP.BC.No.2/21.04.098/2016-17 July 21, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir, Basel III Framework on Liquidity Standards – Liquidity Cover CLICK ON THE LINK... http://www.casansaar.com/notification-RBI/Liquidity-Coverage-Ratio-LCR-Liquidity-Risk-Monitoring-Tools-and-LCR-Disclosure-Standards/3208.html

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Classification of Micronutrients, Multi-micronutrients, Plant Growth Regulators and Fertilizers-clarification regarding classification of Glyphosates Posted: 21 Jul 2016 07:24 PM PDT classification of micronutrients,multi micronutrients,plant growth regulators,and fertilizers clarification regarding classification of Glyphosates -reg. CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/Classification-of-Micronutrients-Multi-micronutrients-Plant-Growth-Regulators-and-Fertilizers-clarification-regarding-classification-of-Glyphosates/3207.html

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DT Assessment Procedures Posted: 21 Jul 2016 07:23 PM PDT DT Assessment Procedures: CLICK ON THE LINK... http://www.casansaar.com/files-Students-Zone-DT-Assessment-Procedures/5865.html

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Test your knowledge & answer the query?

Posted: 21 Jul 2016 07:23 PM PDT Hello, I want to upload annual filing of year 2012-13 and 2013-14 i.e. balance sheet and annual return details, how can i file  these forms to ROC? Thank You in advance.. CLICK ON THE LINK,,, http://www.casansaar.com/queries-Corporate-Law/Annual-Filing-to-ROC/5390.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• UCO Bank invites online applications for empanelment of Concurrent Audit
• RBI slaps penalty on BoB, HDFC Bank & PNB
• CBDT issues draft rules for taxing buy back of unlisted shares
• Draft Rules for prescribing the manner of determination of amount received by the company in respect of share
• PARTNERS REQUIRED
• Corporate Social Responsibility

• Test your knowledge & answer the query?

• Basant Rai tweeted: Khadi Mobile App concept for startup: via @YouTube

UCO Bank invites online applications for empanelment of Concurrent Audit Posted: 25 Jul 2016 07:52 PM PDT UCO Bank invites online applications for empanelment of Concurrent Auditors. Last Date for online applications :- 10/08/2016. Click Here for Online Application CLICK ON THE LINK... http://www.casansaar.com/empanelment-UCO-Bank-invites-online-applications-for-empanelment-of-Concurrent-Auditors/1660.html

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RBI slaps penalty on BoB, HDFC Bank & PNB Posted: 25 Jul 2016 07:51 PM PDT The Reserve Bank of India on Monday slapped penalties ranging from ₹2 crore to ₹5 crore on Bank of Baroda, HDFC Bank, and Punjab National Bank over the issue of advance import remittance CLICK ON THE LINK... http://www.casansaar.com/news-Banking/RBI-slaps-penalty-on-BoB-HDFC-Bank-PNB/8106.html

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CBDT issues draft rules for taxing buy back of unlisted shares Posted: 25 Jul 2016 07:49 PM PDT  Central Board of Direct Taxes (CBDT) on Monday came out with draft rules for determining the quantum of distributed income arising out of buy back of shares of unlisted companies f CLICK ON THE LINK... http://www.casansaar.com/news-CBDT/CBDT-issues-draft-rules-for-taxing-buy-back-of-unlisted-shares/8107.html

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Draft Rules for prescribing the manner of determination of amount received by the company in respect of share Posted: 25 Jul 2016 07:47 PM PDT CBDT prescribes method to determine shares consideration for buy-back tax; releases draft rules. Under section 115QA of the Income-tax Act, 1961 (the Act), additional Income-tax at the rate o CLICK ON THE LINK... http://www.casansaar.com/notification-Income-Tax/Draft-Rules-for-prescribing-the-manner-of-determination-of-amount-received-by-the-company-in-respect-of-share/3210.html

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PARTNERS REQUIRED Posted: 25 Jul 2016 07:47 PM PDT WE ARE CAG EMPANELLED AND RBI CATEGORY-1 FIRM BASED IN NCR WITH BRANCHES IN UP, HIMACHAL PRADESH, UTTARAKHAND AND DELHI NOW WANT TO ADD PARTNERS/ACAS/FCAS/DISA QUALIFIED IN STATES OF JHARKHAND,MP, RAJ CLICK ON THE LINK... http://www.casansaar.com/classified-ads-Partners-Required/PARTNERS-REQUIRED/5056.html

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Corporate Social Responsibility Posted: 25 Jul 2016 07:46 PM PDT Corporate Social Responsibility CLICK ON THE LINK... http://www.casansaar.com/files-Corporate-Law-Corporate-Social-Responsibility/5850.html

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Test your knowledge & answer the query?

Posted: 25 Jul 2016 07:46 PM PDT MR Nagaraj had purchase open plot on 2.6.2005 for Rs.60000/-, the same is sold on 2.7.2015, what is the capotal gain tax on such transfer of plot CLICK ON THE LINK TO ANSWER... http://www.casansaar.com/queries-Income-Tax/long-term-Capital-gain/5399.html

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Basant Rai tweeted: Khadi Mobile App concept for startup: via @YouTube Posted: 25 Jul 2016 02:30 AM PDT Popular in your network Basant Rai @rai_basant Khadi Mobile App concept for startup: via @YouTube Karan Sharma-Karna @karnasharma27 RT @gary_1980in: @karnasharma27 @Hitarth1987 n @WrongDoc hv been quoted here... twitter.com/hindupost/stat… Janta Ka Reporter @JantaKaReporter At least 2 dead, 16 injured at Florida nightclub shooting 2 dead, 16 injured at Florida nightclub shooting - Janta Ka Reporter Police in the US say that at least two people are dead and 16 others wounded in a shooting overni... jantakareporter.com नवेन्दु @NavenduSingh_ Now this feku's ass licker will decide who will be AAP's Punjab CM Candidate ? twitter.com/sudhirchaudhar… Jai Singh Rathore @Jaishankar_Sing To stop the menace of conversion #HindusStayUnited twitter.com/Jaishankar_Sin… Vaibhav Kapoor @vaibhavkapoor29 RT @YRDeshmukh: Hmm..interesting. Earlier BJP feared losing Dalits; now BSP is fearing losing upper caste... Extremely interesting. https:/twitter.com/ANINewsUP/stat… Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 - - - - - - - - - - - - - - - - - - - - - - - - -

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Lok Sabha passes comprehensive bill to check benami transactions
• Union Cabinet clears amendments in GST Bill
• Cabinet increases the limit for foreign investment in Stock Exchanges
• RBI slaps Rs 27-cr penalty on 13 banks for FEMA
• Govt fixes Dec 31 deadline for retro tax settlement
• Lok Sabha passes the Child Labour Amendment Bill
• CA Inter (IPC) May 2016 Exam result will be on 2nd August 2016
• CBEC Instructions regarding provisional attachment of property under section 73C of the Finance Act, 1994
• General procedures regarding excise duty on articles of jewellery
• Guidelines for issue of summons, visits, search, seizure, arrest and prosecution regarding manufacturers of articles of jewellery
• Export related procedural simplifications - excise duty on articles of jewellery falling under heading 7113
• Guidelines for Excise Audit of Manufacturers / Principal Manufacturers of articles of jewellery or parts of articles of jewellery
• Excise duty imposition on articles of jewellery in the Budget 2016-17
• Regarding assessment of Bulk liquid Cargo
• Relatives
• CA Partner Required

• Test your knowledge & answer the query?

Lok Sabha passes comprehensive bill to check benami transactions Posted: 27 Jul 2016 07:20 PM PDT Seeking to check black money, Lok Sabha on Wednesday passed a comprehensive Benami Transactions Amendment Bill, with Finance Minister Arun Jaitley assuring that genuine religious trusts will be kept o CLICK ON THE LINK,,, http://www.casansaar.com/news-General/Lok-Sabha-passes-comprehensive-bill-to-check-benami-transactions/8116.html

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Union Cabinet clears amendments in GST Bill Posted: 27 Jul 2016 07:19 PM PDT Union Cabinet today approved amendment in Goods and Services Tax Bill and dropped one percent additional tax on inter-state sales as proposed in the current bill. Sources said, the Cabinet also agr CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Union-Cabinet-clears-amendments-in-GST-Bill/8112.html

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Cabinet increases the limit for foreign investment in Stock Exchanges Posted: 27 Jul 2016 07:18 PM PDT The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for raising foreign shareholding limit from 5% to 15% in Indian Stock Exchanges for a stock exchange, a deposi CLICK ON THE LINK,,, http://www.casansaar.com/news-International-Business/Cabinet-increases-the-limit-for-foreign-investment-in-Stock-Exchanges-from-5-to-15/8115.html

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RBI slaps Rs 27-cr penalty on 13 banks for FEMA Posted: 27 Jul 2016 07:17 PM PDT In a major crackdown for FEMA violations and KYC lapses, the RBI has imposed Rs 27-crore penalty on 13 public and private sector banks, including PNB and HDFC Bank, while asking eight others including CLICK ON THE LINK,,,, http://www.casansaar.com/news-Banking/RBI-slaps-Rs-27-cr-penalty-on-13-banks-for-FEMA/8114.html

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Govt fixes Dec 31 deadline for retro tax settlement Posted: 27 Jul 2016 07:17 PM PDT Government has fixed December 31, 2016 as the deadline for companies like Vodafone and Cairn Energy Plc to settle their retrospective tax disputes. The one-time offer to settle tax issues by waivin CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/Govt-fixes-Dec-31-deadline-for-retro-tax-settlement/8113.html

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Lok Sabha passes the Child Labour Amendment Bill Posted: 27 Jul 2016 07:16 PM PDT Lok Sabha passes the Child Labour Amendment Bill: The Lok Sabha on Monday passed the Child Labour (Prohibition and Regulation) Amendment Bill, 2016, despite opposition by several MPs.The Bill, passed by the Rajya Sabha on July 19, was put to a cl CLICK ON THE LINK,,,, http://www.casansaar.com/news-General/Lok-Sabha-passes-the-Child-Labour-Amendment-Bill/8111.html

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CA Inter (IPC) May 2016 Exam result will be on 2nd August 2016 Posted: 27 Jul 2016 07:15 PM PDT CA Inter (IPC) May 2016 Exam result will be on 2nd August 2016: The result of the Chartered Accountants Intermediate (Integrated Professional Competence) Examination held in May, 2016 is likely to be declared on Tuesday, the 2nd August 2016 around 4.00 P.M. and th CLICK ON THE LINK,,, http://www.casansaar.com/news-CA-Results/CA-Inter-IPC-May-2016-Exam-result-will-be-on-2nd-August-2016/8110.html

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CBEC Instructions regarding provisional attachment of property under section 73C of the Finance Act, 1994 Posted: 27 Jul 2016 07:14 PM PDT CBEC Instructions regarding provisional attachment of property under section 73C of the Finance Act, 1994: Circular No. 196/06/2016-ST, Dated 27-07-2016, CBEC Instructions regarding provisional attachment of property under section 73C of the Finance Act, 1994. CLICK ON THE LINK,,,, http://www.casansaar.com/notification-Service-Tax/CBEC-Instructions-regarding-provisional-attachment-of-property-under-section-73C-of-the-Finance-Act-1994/3219.html

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General procedures regarding excise duty on articles of jewellery Posted: 27 Jul 2016 07:05 PM PDT General procedures regarding excise duty on articles of jewellery: General procedures regarding excise duty on articles of jewellery or parts of articles of jewellery or both falling under heading 7113 CLICK ON THE LINK... http://www.casansaar.com/notification-Excise/General-procedures-regarding-excise-duty-on-articles-of-jewellery/3218.html

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Guidelines for issue of summons, visits, search, seizure, arrest and prosecution regarding manufacturers of articles of jewellery Posted: 27 Jul 2016 07:05 PM PDT Guidelines for issue of summons, visits, search, seizure, arrest and prosecution regarding manufacturers or principal manufacturers of articles of jewellery or parts of articles of jewellery or both CLICK ON THE LINK,,,, http://www.casansaar.com/notification-Excise/Guidelines-for-issue-of-summons-visits-search-seizure-arrest-and-prosecution-regarding-manufacturers-of-articles-of-jewellery/3217.html

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Export related procedural simplifications - excise duty on articles of jewellery falling under heading 7113 Posted: 27 Jul 2016 07:04 PM PDT Export related procedural simplifications - excise duty on articles of jewellery falling under heading 7113: In this year’s Budget, central excise duty of 1% without input and capital goods tax credit or 12.5% with credit was imposed on articles of jewellery falling under heading 7113 of the First Sche CLICK ON THE LINK,,,,, http://www.casansaar.com/notification-Excise/Export-related-procedural-simplifications---excise-duty-on-articles-of-jewellery-falling-under-heading-7113/3216.html

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Guidelines for Excise Audit of Manufacturers / Principal Manufacturers of articles of jewellery or parts of articles of jewellery Posted: 27 Jul 2016 07:03 PM PDT In this year’s Budget, central excise duty of 1% without input and capital goods tax credit or 12.5% with credit was imposed on articles of jewellery falling under heading 7113 of the First Sche CLICK ON THE LINK,,, http://www.casansaar.com/notification-Excise/Guidelines-for-Excise-Audit-of-Manufacturers-Principal-Manufacturers-of-articles-of-jewellery-or-parts-of-articles-of-jewellery/3215.html

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Excise duty imposition on articles of jewellery in the Budget 2016-17 Posted: 27 Jul 2016 07:02 PM PDT taxability of stock on february 29,2016-excise duty imposition on articles of jewellery in the budget 2016-2017 central excise duty of 1% without input and capital good tax credit or 12.5% with cre CLICK ON THE LINK,,, http://www.casansaar.com/notification-Excise/Excise-duty-imposition-on-articles-of-jewellery-in-the-Budget-2016-17/3214.html

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Regarding assessment of Bulk liquid Cargo Posted: 27 Jul 2016 04:09 AM PDT Assessment of Bulk Liquid Cargo regarding: Kindly refer to the judgement of hon'ble supreme court in case of mangalore refinery and petrochemicals ltd. vs commissioner of custom,mangalore dated CLICK ON THE LINK,,,, http://www.casansaar.com/notification-Custom/Regarding-assessment-of-Bulk-liquid-Cargo/3212.html

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Relatives Posted: 27 Jul 2016 04:05 AM PDT Relatives CLICK ON THE LINK,,, http://www.casansaar.com/files-Income-Tax-Relatives/5851.html

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CA Partner Required Posted: 27 Jul 2016 04:04 AM PDT We are looking for a CA Partner whether ACA or FCA holding full time COP with DISA/CISA qualifications having interest to hire COP on monthly basis. If interested please contact me on  CLICK ON THE LINK,,, http://www.casansaar.com/classified-ads-Partners-Required/CA-Partner-Required/5064.html

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Test your knowledge & answer the query?

Posted: 27 Jul 2016 04:01 AM PDT Client is a subsidiary of a Korean company. Parent company( Korean co) is sold to another korean company. What is the capital gain tax procedures to be followed in India for the transfer of the shares CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/Double-Tax-Avoidance/5398.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Finance Ministry warns tax officials on resolution against revenue dep
• Simplified Central Excise norms for Jewellery Sector notified
• Bank employees on strike today against merger with SBI
• Companies (Incorporation) Third Amendment Rules,2016
• Companies (Accounts) Amendment Rules, 2016
• Company Court under Section 435 Of The Company Act 2013
• Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities
• Priority Sector Lending –Targets and Classification
• Retail Participation by Demat Account Holders in the Government Securities Market: Access to NDS
• Half yearly/Quarterly Review of Accounts of Public Sector Banks

• Test your knowledge & answer the query?

Finance Ministry warns tax officials on resolution against revenue dep Posted: 28 Jul 2016 09:03 PM PDT Sending a stern warning of disciplinary action against tax officials who passed a resolution against Department of Revenue last week, the finance ministry has said it’s an act of insubordination CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Finance-Ministry-warns-tax-officials-on-resolution-against-revenue-dept/8119.html

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Simplified Central Excise norms for Jewellery Sector notified Posted: 28 Jul 2016 08:50 PM PDT In this year’s Budget, central excise duty of 1% without input and capital goods tax credit or 12.5% with credit was imposed on articles of jewellery falling under heading 7113 of the First Sche CLICK ON THE LINK,,, http://www.casansaar.com/news-Excise/Simplified-Central-Excise-norms-for-Jewellery-Sector-notified/8118.html

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Bank employees on strike today against merger with SBI Posted: 28 Jul 2016 08:46 PM PDT Normal banking operations may take a hit today as public sector bank employees will go on strike to protest against proposed merger of associate banks with SBI and banking reforms announced by the gov CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/Bank-employees-on-strike-today-against-merger-with-SBI/8117.html

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Companies (Incorporation) Third Amendment Rules,2016 Posted: 28 Jul 2016 08:45 PM PDT G.S.R. .—In exercise of the powers conferred by sub-sections (1) and (2) of section 469 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following rules further t CLICK ON THE LINK,,, http://www.casansaar.com/notification-Companies-Act/Companies-Incorporation-Third-Amendment-Rules2016/3220.html

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Companies (Accounts) Amendment Rules, 2016 Posted: 28 Jul 2016 08:44 PM PDT G.S.R. (E).-In exercise of the powers conferred by sub-sections (1) and (3) of section 128, sub section (3) of section 129, section 133, section 134 and section 138 read with section 469 of the Compan CLICK ON THE LINK,,, http://www.casansaar.com/notification-Companies-Act/Companies-Accounts-Amendment-Rules-2016/3221.html

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Company Court under Section 435 Of The Company Act 2013 Posted: 28 Jul 2016 08:44 PM PDT S.O......... (E).-In exercise of the powers conferred by sub-section (1) of section 435 of the Companies Act, 2013 (18 of 2013), the Central Government hereby, with the concurrence of the Chief Justic CLICK ON THE LINK,,, http://www.casansaar.com/notification-Companies-Act/Company-Court-under-Section-435-Of-The-Company-Act-2013/3222.html

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Guidelines for Relief Measures by NBFCs in areas affected by Natural Calamities Posted: 28 Jul 2016 08:43 PM PDT RBI/2016-17/28 DNBR (PD) CC.No.083/03.10.001/2016-17 July 28, 2016 All Non-Banking Financial Companies Madam/ Sir, Guidelines for Relief Measures by NBFCs in areas affected by Natural Cal CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Guidelines-for-Relief-Measures-by-NBFCs-in-areas-affected-by-Natural-Calamities/3223.html

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Priority Sector Lending –Targets and Classification Posted: 28 Jul 2016 08:42 PM PDT RBI/2016-17/27 FIDD.CO.Plan.BC.No.8/04.09.001/2016-17 July 28, 2016 The Chairman/ Managing Director/ Chief Executive Officer [All Scheduled Commercial Banks (excluding RRBs)] Dear Sir/ Ma CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Priority-Sector-Lending-%E2%80%93Targets-and-Classification/3224.html

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Retail Participation by Demat Account Holders in the Government Securities Market: Access to NDS Posted: 28 Jul 2016 08:41 PM PDT RBI/2016-17/30 Ref No. FMRD.DIRD.3/14.03.07/2016-17 July 28, 2016 To All eligible market participants Retail Participation by Demat Account Holders in the Government Securities Market: A CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Retail-Participation-by-Demat-Account-Holders-in-the-Government-Securities-Market-Access-to-NDS/3226.html

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Half yearly/Quarterly Review of Accounts of Public Sector Banks Posted: 28 Jul 2016 08:41 PM PDT RBI/2016-17/29 Ref.DBS.ARS.No.BC.2/08.91.001/2016-17 July 28, 2016 All Public Sector Banks Dear Sir/Madam, Half yearly/Quarterly Review of Accounts of Public Sector Banks Please refer CLICK ON THE LINK.... http://www.casansaar.com/notification-RBI/Half-yearlyQuarterly-Review-of-Accounts-of-Public-Sector-Banks/3225.html

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Posted: 28 Jul 2016 08:40 PM PDT FOREX: Is there any limit for FOREX sending into India by way of gift? What would be consequences if the recipient is Pakistan citizen receiving the FOREX into India ? CLICK ON THE LINK... http://www.casansaar.com/queries-FEMA/FOREX/5401.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Government Extends Deadline For Filing ITRs to 5th August Posted: 29 Jul 2016 07:04 PM PDT The government has extended the last date for filing income tax returns, Press Trust of India reported. Revenue Secretary Hasmukh Adhia said the last date for filing income tax returns has been ext CLICK ON THE LINK,,, http://www.casansaar.com/news-ITR/Government-Extends-Deadline-For-Filing-ITRs-to-5th-August/8120.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Allahabad Bank Invites application for Concurrent / Revenue Audit Posted: 30 Jul 2016 08:00 PM PDT Allahabad Bank invites applications in the under noted prescribed format from practicing firms of Chartered Accountants of India who are willing to have their firm empanelled as Concurrent / Revenue A CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Allahabad-Bank-Invites-application-for-Concurrent-Revenue-Audit/1668.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Appointment of concurrent auditor for financial year 2016-17.
• Empanelment of CA/CWA firms for audit of Railtel Corporation Of India
• Govt lists GST bill in Rajya Sabha for Wednesday
• RBI releases guidelines for on-tap bank licence
• Lok Sabha clears Bill for quicker, easier debt recovery
• Rani Nair set to be new CBDT Chairperson
• RBI releases Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector
• Outsourcing assignments of Gujarat

• Test your knowledge & answer the query?

Appointment of concurrent auditor for financial year 2016-17. Posted: 01 Aug 2016 07:42 PM PDT Bihar Education Project Council invites tender for appointment of CA firm as concurrent auditor. Closing date for submission is 29.08.2016 CLICK ON -THE LINK,,, http://www.casansaar.com/empanelment-Appointment-of-concurrent-auditor-for-financial-year-2016-17./1669.html

for detail visit www.casansaar.com

Empanelment of CA/CWA firms for audit of Railtel Corporation Of India Posted: 01 Aug 2016 07:40 PM PDT Empanelment of Chartered Accountant/ Cost Accountant Firms to undertake work of Internal Audit/Taxation Matter/Accounting Matter for its Corporate Office at Gurgaon and its Regional  offices at CLICK ON THE LINK,,,, http://www.casansaar.com/empanelment-Empanelment-of-CACWA-firms-for-audit-of-Railtel-Corporation-Of-India-Limited/1665.html

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Govt lists GST bill in Rajya Sabha for Wednesday Posted: 01 Aug 2016 07:21 PM PDT The long-pending GST Bill was today listed for consideration and passage in Rajya Sabha on Wednesday amidst strong indications that the most far-reaching taxation reform in independent India would be CLICK ON THE LINK,,,, http://www.casansaar.com/news-GST/Govt-lists-GST-bill-in-Rajya-Sabha-for-Wednesday/8124.html

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RBI releases guidelines for on-tap bank licence Posted: 01 Aug 2016 07:18 PM PDT Reserve Bank of India (RBI) on Monday released the much-awaited guidelines for 'on tap' universal banking licence, but excluded large industrial houses as eligible entities from the purview, t CLICK ON THE LINK,,,, http://www.casansaar.com/news-RBI/RBI-releases-guidelines-for-on-tap-bank-licence/8123.html

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Lok Sabha clears Bill for quicker, easier debt recovery Posted: 01 Aug 2016 07:16 PM PDT The Lok Sabha on Monday passed a law empowering banks to take possession of collateral in the case of loan default, except for farm land, while Finance Minister Arun Jaitley&n CLICK ON THE LINK... http://www.casansaar.com/news-Banking/Lok-Sabha-clears-Bill-for-quicker-easier-debt-recovery/8122.html

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Rani Nair set to be new CBDT Chairperson Posted: 01 Aug 2016 05:53 AM PDT Senior IRS officer Rani Singh Nair is set to be appointed as the new CBDT Chairperson with incumbent Atulesh Jindal retiring today. Nair, a 1979-batch Indian Revenue Service officer of  CLICK ON THE LINK,,, http://www.casansaar.com/news-CBDT/Rani-Nair-set-to-be-new-CBDT-Chairperson/8121.html

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RBI releases Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector Posted: 01 Aug 2016 05:50 AM PDT The Reserve Bank of India today released on its website, “Guidelines for ‘on tap’ Licensing of Universal Banks in the Private Sector”. Some of the key aspects of the Guideli CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/RBI-releases-Guidelines-for-%E2%80%98on-tap%E2%80%99-Licensing-of-Universal-Banks-in-the-Private-Sector/3229.html

for detail visit www.casansaar.com

Outsourcing assignments of Gujarat Posted: 01 Aug 2016 05:48 AM PDT Hello, Any ACA/ FCA in full time practice preferabley from AHMEDABAD/SURAT interested to handle all my assignments on sharing basis. Pls.contact me at no.given below......... DEEP AG CLICK ON THE LINK,,, http://www.casansaar.com/classified-ads-Offered-Networking-Assignments/Outsourcing-assignments-of-Gujarat/5073.html

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Test your knowledge & answer the query? Posted: 01 Aug 2016 05:47 AM PDT If an individual having income from profession below the threshold tax limit (Rs 250000) files delayed ITR then will it attract any kind of penalty. CLICK ON THE LINK,,,, http://www.casansaar.com/queries-Income-Tax/Penalty-on-delayed-filing-of-ITR/5402.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Pass Percentage of CA IPC May 2016 Exams Posted: 02 Aug 2016 02:31 AM PDT CA IPC May 2016 Exams Result has been announced by ICAI. The Detail of percentage of candidates passed in the above said examinations are given below. CLICK ON THE LINK,,, http://www.casansaar.com/news-ICAI/Pass-Percentage-of-CA-IPC-May-2016-Exams/8125.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Frequently Asked Questions (FAQs) on Goods and Services Tax (GST)
• India’s biggest tax reform measure, GST Bill passed in Rajya Sabha
• GST Bill amendments circulated, RS to take it up tomorrow
• TEST YOUR KNOWLEDGE AND ANSWER THE QUERY?

Frequently Asked Questions (FAQs) on Goods and Services Tax (GST) Posted: 03 Aug 2016 07:14 PM PDT Following are the answers to the various frequently asked questions relating to GST: Question 1.What is GST? How does it work?   Answer: GST is one indirect tax for the whole nation, which wil CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Frequently-Asked-Questions-FAQs-on-Goods-and-Services-Tax-GST/8129.html

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India’s biggest tax reform measure, GST Bill passed in Rajya Sabha Posted: 03 Aug 2016 06:58 PM PDT India’s biggest tax reform measure, GST Bill passed in Rajya Sabha: After an over seven hour-long debate, the Rajya Sabha today passed the long-pending Goods and Services Tax (GST) which is being described as the country's most transformative tax reform CLICK ON THE LINK,,,, http://www.casansaar.com/news-GST/India%E2%80%99s-biggest-tax-reform-measure-GST-Bill-passed-in-Rajya-Sabha/8128.html

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GST Bill amendments circulated, RS to take it up tomorrow Posted: 03 Aug 2016 03:05 AM PDT The government has circulated official amendments to the GST bill to drop 1 per cent additional tax and include a definite provision in the statute for compensating states for revenue loss for 5 years CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/GST-Bill-amendments-circulated-RS-to-take-it-up-tomorrow/8126.html

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TEST YOUR KNOWLEDGE AND ANSWER THE QUERY? Posted: 03 Aug 2016 03:01 AM PDT Can a Company apply for Change in Name immediately after its Incorportaion?Application for Change in Name CLICK ON THE LINK,,, http://www.casansaar.com/queries-Corporate-Law/Application-for-Change-in-Name/5403.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Expression of interest for statutory audit of DRDA
• For Internal Audit of Indian Institute Of Management
• Beware of fake mails regarding Job Openings
• RBI starts portal to curb firms' illegal money pooling
• Govt aims to roll out GST from April 1 next year

• Implementation of Indian Accounting Standards (Ind AS) - RBI

• Dishonour of cheques – Modification in procedure
• Union Budget – 2016-17 Interest Subvention Scheme
• Union Budget – 2016-17 Interest Subvention Scheme
• lssuance ot rupees bonds to overseas investors

• Test your knowledge & answer the query?

Expression of interest for statutory audit of DRDA Posted: 04 Aug 2016 09:33 AM PDT District Rural Development Agency, Kendrapara - Orissa (Odisha) - India invites tender for conducting statutory audit from 2015-16 to 2017-18. Closing date is 12.08.2016 CLICK ON THE LINK,,,, http://www.casansaar.com/empanelment-Expression-of-interest-for-statutory-audit-of-DRDA/1674.html

for detail visit www.casansaar.com

For Internal Audit of Indian Institute Of Management Posted: 04 Aug 2016 09:32 AM PDT Indian Institute Of Management invites tender for conducting internal audit. Closing date is 12.08.2016 CLICK ON THE LINK,,,, http://www.casansaar.com/empanelment-For-Internal-Audit-of-Indian-Institute-Of-Management/1673.html

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Beware of fake mails regarding Job Openings Posted: 04 Aug 2016 09:31 AM PDT Respected Members, We would like to aware you that there are some fake agencies who mail you the  Job Appointment/Offer Letters in the name of some reputed companies and ask for CLICK ON THE LINK,,, http://www.casansaar.com/news-CA/Beware-of-fake-mails-regarding-Job-Openings/8133.html

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RBI starts portal to curb firms' illegal money pooling Posted: 04 Aug 2016 09:30 AM PDT To curb illegal and unauthorised pooling of funds by unscrupulous firms, Reserve Bank today launched a website, which will help people obtain information about entities allowed to collect deposits. CLICK ON THE LINK,,,, http://www.casansaar.com/news-RBI/RBI-starts-portal-to-curb-firms-illegal-money-pooling/8132.html

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Govt aims to roll out GST from April 1 next year Posted: 04 Aug 2016 09:29 AM PDT The Government has set the target of 1st April next year for roll out of the Goods and Services Tax, GST. Addressing a press conference in New Delhi, Finance Minister Arun Jaitley today unveiled a  CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Govt-aims-to-roll-out-GST-from-April-1-next-year/8131.html

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Implementation of Indian Accounting Standards (Ind AS) - RBI Posted: 04 Aug 2016 09:29 AM PDT RBI/2016-17/34 RBI/2016-17/DBR.FID.No. 1/01.02.000/2016-17 August 04, 2016 All India Financial Institutions  (Exim Bank, NABARD, NHB and SIDBI) Madam / Dear Sir, Implementation of I CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Implementation-of-Indian-Accounting-Standards-Ind-AS---RBI/3233.html

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Dishonour of cheques – Modification in procedure Posted: 04 Aug 2016 09:28 AM PDT RBI/2016-17/33 DBR.No.Leg.BC.3/09.07.005/2016-17 August 04, 2016 All Scheduled Commercial Banks (Including RRBs) Dear Sir/ Madam, Dishonour of cheques – Modification in procedure CLICK ON THE LINK,,,, http://www.casansaar.com/notification-RBI/Dishonour-of-cheques-%E2%80%93-Modification-in-procedure/3232.html

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Union Budget – 2016-17 Interest Subvention Scheme Posted: 04 Aug 2016 09:27 AM PDT RBI/2016-17/32 FIDD.CO.FSD.BC.No 9/05.02.001/2016-17 August 4, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union  CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Union-Budget-%E2%80%93-2016-17-Interest-Subvention-Scheme/3231.html

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Union Budget – 2016-17 Interest Subvention Scheme Posted: 04 Aug 2016 09:27 AM PDT RBI/2016-17/32 FIDD.CO.FSD.BC.No 9/05.02.001/2016-17 August 4, 2016 To, The Chairman / Managing Director All Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union  CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Union-Budget-%E2%80%93-2016-17-Interest-Subvention-Scheme/3231.html

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lssuance ot rupees bonds to overseas investors Posted: 04 Aug 2016 09:26 AM PDT Issuance of rupees bonds to overseas investors by indian companies-Clarification regarding applicability of provisions of chapter III of the Companies Act 2013. CLICK ON THE LINK,,,, http://www.casansaar.com/notification-Companies-Act/lssuance-ot-rupees-bonds-to-overseas-investors/3230.html

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Test your knowledge & answer the query? Posted: 04 Aug 2016 09:25 AM PDT Is there any limit for FOREX sending into India by way of gift? What would be consequences if the recipient is Pakistan citizen receiving the FOREX into India ? CLICK ON THE LINK TO ANSWER,,, http://www.casansaar.com/queries-FEMA/FOREX/5401.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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GST bill in LS likely on Monday, BJP issues whip Posted: 05 Aug 2016 03:19 AM PDT The GST Bill, which was passed by the Rajya Sabha on Wednesday, is likely to be tabled in the Lok Sabha on August 8 for which the BJP has issued a whip to its members in the Lower House to ensure its GST bill in LS likely on Monday, BJP issues whip CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/GST-bill-in-LS-likely-on-Monday-BJP-issues-whip/8134.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Online Blood Bank - Donate or Receive Blood & Save Lives.
• RBI launches 'Sachet' portal to check illegal money collection
• Delhi HC dismisses challenge to Centre’s levy of Service Tax on liquor manufacturers
• CBI nodal agency for banks to report high value frauds
• Govt may have to amend SEZ Act to align it with GST
• Rs 1.23 Lakh Crore of Income Tax Refund Pending: Government
• RBI reviewing its policy to promote cashless transaction: Govt
• Partnership Proposal

• Test your knowledge & answer the query?

Online Blood Bank - Donate or Receive Blood & Save Lives. Posted: 07 Aug 2016 07:29 PM PDT Only you can Change and make a difference between life and death so registered today at online blood bank of www.casansaar.com. Let nobody die for want of blood in India. CLICK ON THE LINK,,, http://www.casansaar.com/bloodbank/

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RBI launches 'Sachet' portal to check illegal money collection Posted: 07 Aug 2016 07:18 PM PDT The Reserve Bank of India (RBI) launched a portal to curb illegal collection of money by companies. This website will enable public to obtain information regarding entities who accept d CLICK ON THE LINK,,, http://www.casansaar.com/news-RBI/RBI-launches-Sachet-portal-to-check-illegal-money-collection/8140.html

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Delhi HC dismisses challenge to Centre’s levy of Service Tax on liquor manufacturers Posted: 07 Aug 2016 07:17 PM PDT The Delhi high court’s Division Bench comprising Justices S. Muralidhar and Vibhu Bakhru today dismissed challenges by liquor manufacturers’ associations to the levy of service tax by the  CLICK ON THE LINK,,,, http://www.casansaar.com/news-Service-Tax/Delhi-HC-dismisses-challenge-to-Centre%E2%80%99s-levy-of-Service-Tax-on-liquor-manufacturers/8139.html

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CBI nodal agency for banks to report high value frauds Posted: 07 Aug 2016 07:15 PM PDT The CBI has been made the nodal authority for banks to report high value frauds worth over Rs 50 crore in public sector banks. The move comes after Reserve Bank of India (RBI) noticed that banks  CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/CBI-nodal-agency-for-banks-to-report-high-value-frauds/8138.html

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Govt may have to amend SEZ Act to align it with GST Posted: 07 Aug 2016 07:15 PM PDT The government may have to amend the SEZ Act 2005 to align it with the Goods and Services Tax (GST) law so that central excise and service tax benefits can be extended to developers and entrepreneurs. CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Govt-may-have-to-amend-SEZ-Act-to-align-it-with-GST/8137.html

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Rs 1.23 Lakh Crore of Income Tax Refund Pending: Government Posted: 07 Aug 2016 07:14 PM PDT Refund claims worth Rs 1.23 lakh crore are pending with the Income Tax Department as on March 31, the government on Friday said. "As on March 31, 2016, refund claims of above Rs 10 lakh are pe CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Rs-1.23-Lakh-Crore-of-Income-Tax-Refund-Pending-Government/8136.html

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RBI reviewing its policy to promote cashless transaction: Govt Posted: 07 Aug 2016 07:13 PM PDT The government today said, Reserve Bank has been reviewing its policy to promote cashless transaction by electronic mode, which is safe, secure and convenient.  In a written reply in Lok Sabha CLICK ON THE LINK,,, http://www.casansaar.com/news-RBI/RBI-reviewing-its-policy-to-promote-cashless-transaction-Govt/8135.html

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Partnership Proposal Posted: 07 Aug 2016 07:12 PM PDT We are a firm of Chartered Accounts with FCA. The firm was established in 2002, converted in partnership in 2005. But actual operation seriously started two years back. We are looking for senior and f CLICK ON THE LINK,,, http://www.casansaar.com/classified-ads-Partners-Required/Partnership-Proposal/5092.html

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Test your knowledge & answer the query? Posted: 07 Aug 2016 07:11 PM PDT while filing ITR 7 whether gross receipt or net surplus is shown as income if gross recipt is shown as income then exemption u/s 10(23C)(iiiad) is for income expended or whole the income received. CLICK ON THE LINK TO ANSWER,,, http://www.casansaar.com/queries-Income-Tax/section-1023Ciiiad-exemption/5400.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Arnab Goswami tweeted: RT @loosebool: Good Idea 👍🏻 Posted: 08 Aug 2016 01:55 AM PDT Popular in your network Arnab Goswami @iGoswamiArnab RT @loosebool: Good Idea 👍🏻 twitter.com/ojasvi_yuva/st… नवाज का फिर कश्मीर राग, कहा- घायल कश्मीरियों का इलाज करने दो - navbharattimes नवाज शरीफ ने शनिवार को एक बार फिर कश्मीर का राग अलापा है। पाकिस्तान ने एक बार फिर कश्मीर में सुरक्षाबलों और स्थानीय ल... Read more at Navbharat Times Retweeted by V K SHARMA and 2 others काठियावाडी बाबा @tivra123 खुद के फटे कमीज़ की सिलाई के लिए अमेरिका से, लोन लेने वाले करेगे घायल कश्मीरीयो का इलाज ! nbt.in/oPPBeZ/bca casansaar @casansaar Online Blood Bank - Donate or Receive Blood & Save Lives. goo.gl/fb/yaHvhB Vaibhav Kapoor @vaibhavkapoor29 RT @RituRathaur: Good to see you in such a lovely pic @vaibhavkapoor29 Congratulations for being a part of such an endeavor👍 twitter.com/TheFDCI/status… Rajesh Kumar Gupta @rkg1960 There is no bigger encyclopedia then nature....our greatest teacher. This is a series of photographs of Green... fb.me/1p3hBWrAh Yogendra Rao @yogibababanaras Salute to all Weavers #Handloom Day Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 - - - - - - - - - - - - - - - - - - - - - - - - -

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Expression Of Interest (eoi) For Conducting Internal Audit Of Bsnl For
• CBDT constitutes committee to review media policy
• SEBI launches e-payment mode for penalties
• IT Dept Finds Unaccounted Wealth of Rs 130 Crore With AAP MLA
• ICAI Form Group for looking into the appointments/reappointments of st
• ICAI form Group for finalizing the format of Fit & Proper Certificate
• Income Tax refunds of Rs 14,332 cr issued till Aug 5 this year
• Income Tax Calculator FY 2016-17 AY 2017-18

• Test your knowledge & answer the query?

• Expression Of Interest (eoi) For Conducting Internal Audit Of Bsnl For
• Income Tax Calculator FY 2016-17 AY 2017-18

• TEST YOUR KNOWLEDGE AND ANSWER THE QUERY?

• Income Tax refunds of Rs 14,332 cr issued till Aug 5 this year
• Constitutional amendments on GST Bill made by RS, rectified by LS unan

Expression Of Interest (eoi) For Conducting Internal Audit Of Bsnl For Posted: 09 Aug 2016 07:22 PM PDT Bharat Sanchar Nigam Limited invites tender for  Conducting Internal Audit Of Bsnl For The Financial Year 2016-17. CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Expression-Of-Interest-eoi-For-Conducting-Internal-Audit-Of-Bsnl-For-The-Financial-Year-2016-17/1676.html

for detail visit www.casansaar.com

CBDT constitutes committee to review media policy Posted: 09 Aug 2016 07:21 PM PDT CBDT has constituted a new committee to 'review' the existing media policy for communicating the activities of the board and the income tax department to the public. CLICK ON THE LINK,,, http://www.casansaar.com/news-CBDT/CBDT-constitutes-committee-to-review-media-policy/8147.html

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SEBI launches e-payment mode for penalties Posted: 09 Aug 2016 07:20 PM PDT Markets regulator Sebi has introduced electronic mode for payment of penalties, disgorgement as well as settlement amounts. Currently, Sebi accepts payment through demand drafts CLICK ON THE LINK,,, http://www.casansaar.com/news-SEBI/SEBI-launches-e-payment-mode-for-penalties/8146.html

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IT Dept Finds Unaccounted Wealth of Rs 130 Crore With AAP MLA Posted: 09 Aug 2016 07:19 PM PDT The Income Tax Department has found unaccounted income and investment worth Rs 130 crore with Aam Aadmi Party (AAP) MLA Kartar Singh Tanwar, sources said on Tuesday. The department has already seiz CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/IT-Dept-Finds-Unaccounted-Wealth-of-Rs-130-Crore-With-AAP-MLA/8145.html

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ICAI Form Group for looking into the appointments/reappointments of st Posted: 09 Aug 2016 07:18 PM PDT ICAI Form Group for looking into the appointments/reappointments of st: No.M-626/2016                                                     &nbs CLICK ON THE LINK,,,, http://www.casansaar.com/news-ICAI/ICAI-Form-Group-for-looking-into-the-appointmentsreappointments-of-statutoryinternal-auditors-of-various-units-of-ICAI/8144.html

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ICAI form Group for finalizing the format of Fit & Proper Certificate Posted: 09 Aug 2016 07:17 PM PDT ICAI form Group for finalizing the format of Fit & Proper Certificate: No.M-626/2016 CLICK ON THE LINK,,, http://www.casansaar.com/news-ICAI/ICAI-form-Group-for-finalizing-the-format-of-Fit-Proper-Certificate-to-be-issued-to-Indian-CA-Firms/8143.html

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Income Tax refunds of Rs 14,332 cr issued till Aug 5 this year Posted: 09 Aug 2016 07:16 PM PDT Income Tax refunds of Rs 14,332 crore have been issued this year till August 5, the Finance Ministry said. 'The Central Processing Centre (CPC) Bengaluru has already issued over 54.35 lakh ref CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Income-Tax-refunds-of-Rs-14332-cr-issued-till-Aug-5-this-year/8142.html

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Income Tax Calculator FY 2016-17 AY 2017-18 Posted: 09 Aug 2016 07:01 PM PDT Income Tax Calculator FY 2016-17 AY 2017-18: CLICK ON THE LINK TO DOWNLOAD,,, http://www.casansaar.com/files-Income-Tax-Income-Tax-Calculator-FY-2016-17-AY-2017-18/5867.html

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Test your knowledge & answer the query? Posted: 09 Aug 2016 07:00 PM PDT INCOME TAX: one of my client was having intra day speculation loss from share trading in f.y. 2014-15 except salary income. but he was not shown that loss in that year. now the notice u/s 143(2) received from ITO CLICK ON THE L;INK TO ANSWER,,, http://www.casansaar.com/queries-Income-Tax/INCOME-TAX/5404.html

for detail visit www.casansaar.com

Expression Of Interest (eoi) For Conducting Internal Audit Of Bsnl For Posted: 09 Aug 2016 05:32 AM PDT Bharat Sanchar Nigam Limited invites tender for  Conducting Internal Audit Of Bsnl For The Financial Year 2016-17. CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Expression-Of-Interest-eoi-For-Conducting-Internal-Audit-Of-Bsnl-For-The-Financial-Year-2016-17/1676.html

for detail visit www.casansaar.com

Income Tax Calculator FY 2016-17 AY 2017-18 Posted: 09 Aug 2016 05:27 AM PDT Income Tax Calculator FY 2016-17 AY 2017-18 CLICK ON THE LINK,,, http://www.casansaar.com/files-Income-Tax-Income-Tax-Calculator-FY-2016-17-AY-2017-18/5867.html

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TEST YOUR KNOWLEDGE AND ANSWER THE QUERY? Posted: 09 Aug 2016 05:24 AM PDT one of my client was having intra day speculation loss from share trading in f.y. 2014-15 except salary income. but he was not shown that loss in that year. now the notice u/s 143(2) received from ITO CLICK ON THE LINK,,, http://www.casansaar.com/queries-Income-Tax/INCOME-TAX/5404.html

for detail visit www.casansaar.com

Income Tax refunds of Rs 14,332 cr issued till Aug 5 this year Posted: 09 Aug 2016 05:16 AM PDT Income Tax refunds of Rs 14,332 crore have been issued this year till August 5, the Finance Ministry said."The Central Processing Centre (CPC) Bengaluru has already issued over 54.35 lakh ref CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Income-Tax-refunds-of-Rs-14332-cr-issued-till-Aug-5-this-year/8142.html

for detail visit www.casansaar.com

Constitutional amendments on GST Bill made by RS, rectified by LS unan Posted: 09 Aug 2016 05:14 AM PDT Lok Sabha, on Monday, unanimously passed the 122nd Constitutional Amendment Bill as amended by the Rajya Sabha with all 443 members voting in favour. CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Constitutional-amendments-on-GST-Bill-made-by-RS-rectified-by-LS-unanimously/8141.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Multipurpose Empanelment Form (MEF) for the year 2016 -17 is available
• Certification must for bank staff selling retail products - RBI
• GST Network to start collecting traders’ data for issuing tax IDs
• GST rate should not be more than 18% - ICSI
• High Court stays disciplinary proceedings against CA
• Cabinet approves foreign investment in other Financial Services sector
• Priority Sector Lending status for Factoring Transactions
• Capacity Building in Banks and AIFIs
• GST Simplified

• Test your knowledge & answer the query?

Multipurpose Empanelment Form (MEF) for the year 2016 -17 is available Posted: 11 Aug 2016 07:10 PM PDT Online Multipurpose Empanelment Form (MEF) for the year 2016-17 is live at www.meficai.org. The last date for submission of online MEF Form for the year 2016-17 is31st August, 2016 and for s CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Multipurpose-Empanelment-Form-MEF-for-the-year-2016--17-is-available/1677.html

for detail visit www.casansaar.com

Certification must for bank staff selling retail products - RBI Posted: 11 Aug 2016 07:10 PM PDT RBI on Thursday said bank employees involved in marketing third party retail products and wealth management services 'must necessarily undergo' an appropriate certification process to check CLICK ON THE LINK,,,, http://www.casansaar.com/news-RBI/Certification-must-for-bank-staff-selling-retail-products---RBI/8153.html

for detail visit www.casansaar.com

GST Network to start collecting traders’ data for issuing tax IDs Posted: 11 Aug 2016 07:03 PM PDT The network that forms the information technology backbone of the goods and services tax (GST) will start a nationwide drive, in collaboration with state governments, to collect information on around CLICK ON THE LINK,,,, http://www.casansaar.com/news-GST/GST-Network-to-start-collecting-traders%E2%80%99-data-for-issuing-tax-IDs/8152.html

for detail visit www.casansaar.com

GST rate should not be more than 18% - ICSI Posted: 11 Aug 2016 06:59 PM PDT The Institute of Company Secretaries of India (ICSI) today said the GST rate should not be more than 18 per cent, otherwise it will cause rise in inflation. 'If RNR is 19 per cent or more, the CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/GST-rate-should-not-be-more-than-18---ICSI/8151.html

for detail visit www.casansaar.com

High Court stays disciplinary proceedings against CA Posted: 11 Aug 2016 06:58 PM PDT The High Court of Kerala has stayed disciplinary proceedings initiated by the Institute of Chartered Accountants of India against a member for exceeding the limit on the number of tax audits CLICK ON THE LINK,,, http://www.casansaar.com/news-CA/High-Court-stays-disciplinary-proceedings-against-CA/8150.html

for detail visit www.casansaar.com

Cabinet approves foreign investment in other Financial Services sector Posted: 11 Aug 2016 06:57 PM PDT The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to amend regulation for foreign investment in the Non- Banking Finance Companies (NBFCs).  The amendme CLICK ON THE LINK,,, http://www.casansaar.com/news-Finance/Cabinet-approves-foreign-investment-in-other-Financial-Services-sector/8149.html

for detail visit www.casansaar.com

Priority Sector Lending status for Factoring Transactions Posted: 11 Aug 2016 06:52 PM PDT Please refer to Master Direction FIDD.CO.Plan.1/04.09.01/2016-17 dated July 7, 2016 on Priority Sector Lending (PSL) and Guidelines dated December 3, 2014 for setting up of and operating the CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Priority-Sector-Lending-status-for-Factoring-Transactions/3235.html

for detail visit www.casansaar.com

Capacity Building in Banks and AIFIs Posted: 11 Aug 2016 06:51 PM PDT The Reserve Bank had constituted a ‘Committee on Capacity Building’ (July 2014) under the Chairmanship of former Executive Director, Shri G Gopalakrishna, with the objective of implementin CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Capacity-Building-in-Banks-and-AIFIs/3236.html

for detail visit www.casansaar.com

GST Simplified Posted: 11 Aug 2016 06:48 PM PDT GST Simplified: CLICK ON THE LINK,,, http://www.casansaar.com/files-GST-GST-Simplified/5868.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 11 Aug 2016 06:46 PM PDT Whether the bonus can be paid to the employees of co op development society Regd under co op Societies Act 1959 Karnataka.There are only 4 employees drawing more than Rs.30000/ P.M.enlighten wheter co CLICK ON THE LINK,,, http://www.casansaar.com/queries-Corporate-Law/BONUS-PAYMENT/5397.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Join all region joint conference at Goa from 19th to 21st Aug. 2016.
• Delhi HC upholds service tax on food, drinks in AC hotels, restaurants
• No move to extend Income Disclosure plan deadline
• Assam becomes the first state in the country to pass the GST Bill
• Customers will have zero liability in case of online fraud, says RBI
• BMC to tie-up with ICAI to clear irregularity in accounts
• GST Simplified
• Service tax on freight forwarders on transportation of goods from India
• IT Interest Calculator FY 2015-16 AY 2016-17
• 15CA in case of payments made through credit card to foreign parties

Join all region joint conference at Goa from 19th to 21st Aug. 2016. Posted: 12 Aug 2016 09:12 PM PDT WIRC/CIRC/EIRC/NIRC/SIRC is organizing All Region Joint Conference at Goa from 19th to 21st August 2016.  The conference will have participation and address by the eminent national leaders and le CLICK ON THE LINK,,,, http://www.casansaar.com/event-CA/Join-all-region-joint-conference-at-Goa-from-19th-to-21st-Aug.-2016./106.html

for detail visit www.casansaar.com

Delhi HC upholds service tax on food, drinks in AC hotels, restaurants Posted: 12 Aug 2016 08:51 PM PDT The Delhi High Court on Friday, upheld the Centre’s decision to impose service tax on food and beverages served in air-conditioned restaurants and hotels across the country. A bench of Justic CLICK ON THE LINK,,,,, http://www.casansaar.com/news-Service-Tax/Delhi-HC-upholds-service-tax-on-food-drinks-in-AC-hotels-restaurants/8158.html

for detail visit www.casansaar.com

No move to extend Income Disclosure plan deadline Posted: 12 Aug 2016 08:50 PM PDT The government on Friday said it is not considering any proposal to extend the four-month deadline for disclosing domestic black money under the Income Disclosure Scheme (IDS), which ends on September CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/No-move-to-extend-Income-Disclosure-plan-deadline/8157.html

for detail visit www.casansaar.com

Assam becomes the first state in the country to pass the GST Bill Posted: 12 Aug 2016 08:49 PM PDT Finance Minister of Assam Himanta Biswa Sarma tweeted on Friday morning that Assam has become the first state to ratify the Goods and Services Tax (GST) constitution CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Assam-becomes-the-first-state-in-the-country-to-pass-the-GST-Bill/8156.html

for detail visit www.casansaar.com

Customers will have zero liability in case of online fraud, says RBI Posted: 12 Aug 2016 08:48 PM PDT Amid rise in cases of unauthorised electronic banking transactions, RBI Thursday proposed that customers will have no or zero liability in case of fraud being committed because of bank's CLICK ON THE LINK,,,, http://www.casansaar.com/news-RBI/Customers-will-have-zero-liability-in-case-of-online-fraud-says-RBI/8155.html

for detail visit www.casansaar.com

BMC to tie-up with ICAI to clear irregularity in accounts Posted: 12 Aug 2016 08:47 PM PDT Following allegations of discrepancies in its accounts and audit system, the Brihanmumbai Municipal Corporation (BMC) is all set to tie-up with the Institute of Chartered Accountants of India (ICAI) t CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/BMC-to-tie-up-with-ICAI-to-clear-irregularity-in-accounts/8154.html

for detail visit www.casansaar.com

GST Simplified Posted: 12 Aug 2016 08:45 PM PDT GST and its working: Goods and Service Tax (GST) as the name suggest is a one single tax on the supply of goods and services, right from the Manufacturing to the ultimate delivery to customer. Credit CLICK ON THE LINK,,, http://www.casansaar.com/articles-GST/GST-Simplified/3180.html

for detail visit www.casansaar.com

Service tax on freight forwarders on transportation of goods from India Posted: 12 Aug 2016 08:44 PM PDT F. No. 137/54/2016-Service Tax-Part-I Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Service Tax Wing Circular No. 197/7/2016 -Serv CLICK ON THE LINK,,,,, http://www.casansaar.com/notification-Service-Tax/Service-tax-on-freight-forwarders-on-transportation-of-goods-from-India/3237.html

for detail visit www.casansaar.com

IT Interest Calculator FY 2015-16 AY 2016-17 Posted: 12 Aug 2016 08:40 PM PDT IT Interest Calculator FY 2015-16 AY 2016-17 CLICK ON THE LINK,,, http://www.casansaar.com/files-Income-Tax-IT-Interest-Calculator-FY-2015-16-AY-2016-17/5869.html

for detail visit www.casansaar.com

15CA in case of payments made through credit card to foreign parties Posted: 12 Aug 2016 08:39 PM PDT Sir, One of our Client Company makes payments to foreign parties via Credit card linked with Paypal account. Whether Company has to to file Form 15CA for foreign payments made via credit card linked i CLICK ON  THE LINK .... http://www.casansaar.com/queries-Income-Tax/15CA-in-case-of-payments-made-through-credit-card-to-foreign-parties/5405.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• CA
• CA (FRESHER)
• CA
• Chartered Accountant
• General Manager (Finance)
• CA
• Probationary Manager (CA)
• Chartered Accountant
• CA
• CA
• Chartered Accountants
• Chartered Accountants
• CHARTERED ACCOUNTANT
• Requirement of Qualified CA, Semi-CA
• CA
• CA
• CA
• Chartered Accountants
• Chartered Accountant
• CA Fresher Required at Ludhiana
• Required Chartered Accounatant
• Chartered Accountant
• Chartered Accountant
• Chartered Accountant or Semi Qualified CA
• ca

CA Posted: 13 Aug 2016 05:41 AM PDT R.G. Sharma & Co. -India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/R.G.-Sharma-Co./CA/16387.html

for detail visit www.casansaar.com

CA (FRESHER) Posted: 13 Aug 2016 05:40 AM PDT K. ARORA & CO.-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/K.-ARORA-CO./CA-FRESHER/16372.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:38 AM PDT SHRIDHAR & ASSOCIATES-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SHRIDHAR-ASSOCIATES/CA/16368.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 13 Aug 2016 05:37 AM PDT RPMD & Associates-India-Uttar Pradesh-Greater Noida CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/RPMD-Associates/Chartered-Accountant/16364.html

for detail visit www.casansaar.com

General Manager (Finance) Posted: 13 Aug 2016 05:36 AM PDT HMT Machine Tools Limited-India-Karnataka-Bangalore CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/HMT-Machine-Tools-Limited/General-Manager-Finance/16359.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:33 AM PDT Aditi Insurance Surveyors & Loss Assessors Pvt. Ltd.-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Aditi-Insurance-Surveyors-Loss-Assessors-Pvt.-Ltd./CA/16357.html

for detail visit www.casansaar.com

Probationary Manager (CA) Posted: 13 Aug 2016 05:32 AM PDT The South Indian Bank Ltd.-India-Kerala-Thrissur CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/The-South-Indian-Bank-Ltd./Probationary-Manager-CA/16352.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 13 Aug 2016 05:31 AM PDT Sunil Arora & Associates-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Sunil-Arora-Associates/Chartered-Accountant/16350.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:30 AM PDT APJ PARTNERS-India-Punjab-Ludhiana CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/APJ-PARTNERS/CA/16346.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:30 AM PDT APJ PARTNERS-India-Punjab-Ludhiana CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/APJ-PARTNERS/CA/16346.html

for detail visit www.casansaar.com

Chartered Accountants Posted: 13 Aug 2016 05:29 AM PDT Nagesh Behl & Company-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Nagesh-Behl-Company/Chartered-Accountants/16343.html

for detail visit www.casansaar.com

Chartered Accountants Posted: 13 Aug 2016 05:28 AM PDT Nagesh Behl & Company-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Nagesh-Behl-Company/Chartered-Accountants/16343.html

for detail visit www.casansaar.com

CHARTERED ACCOUNTANT Posted: 13 Aug 2016 05:27 AM PDT SINGHAL JAIN AND ASSOCIATES-India-Delhi-East Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SINGHAL-JAIN-AND-ASSOCIATES/CHARTERED-ACCOUNTANT/16340.html

for detail visit www.casansaar.com

Requirement of Qualified CA, Semi-CA Posted: 13 Aug 2016 05:26 AM PDT AKGVG & Associates-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/AKGVG-Associates/Requirement-of-Qualified-CA-Semi-CA/16336.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:25 AM PDT CVM & associates-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CVM-associates/CA/16330.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:24 AM PDT Sunil Arora & Asssociate-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Sunil-Arora-Asssociate/CA/16327.html

for detail visit www.casansaar.com

CA Posted: 13 Aug 2016 05:23 AM PDT Felix Advisory-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Felix-Advisory/CA/16324.html

for detail visit www.casansaar.com

Chartered Accountants Posted: 13 Aug 2016 05:22 AM PDT G S Mathur & Co-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/G-S-Mathur-Co/Chartered-Accountants/16323.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 13 Aug 2016 05:21 AM PDT VHP & Co.-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/VHP-Co./Chartered-Accountant/16322.html

for detail visit www.casansaar.com

CA Fresher Required at Ludhiana Posted: 13 Aug 2016 05:20 AM PDT CPA & Associates-India-Punjab-Ludhiana CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CPA-Associates/CA-Fresher-Required-at-Ludhiana/16321.html

for detail visit www.casansaar.com

Required Chartered Accounatant Posted: 13 Aug 2016 05:19 AM PDT S R Goyal & Co., Chartered Accountants-India-Rajasthan-Jaipur CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/S-R-Goyal-Co.-Chartered-Accountants/Required-Chartered-Accounatant/16320.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 13 Aug 2016 05:18 AM PDT AKCJ & Associates-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/AKCJ-Associates/Chartered-Accountant/16317.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 13 Aug 2016 05:17 AM PDT CANARA BANK SECURITIES LTD. -India-Maharashtra-Mumbai CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CANARA-BANK-SECURITIES-LTD./Chartered-Accountant/16309.html

for detail visit www.casansaar.com

Chartered Accountant or Semi Qualified CA Posted: 13 Aug 2016 05:15 AM PDT Ajesh Aggarwal & CO.-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Ajesh-Aggarwal-CO./Chartered-Accountant-or-Semi-Qualified-CA/16301.html

for detail visit www.casansaar.com

ca Posted: 13 Aug 2016 05:14 AM PDT M.K.Bilaska & co-India-Delhi-East Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/M.K.Bilaska-co/ca/16300.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Online Blood Bank - Donate or Receive Blood & Save Lives.

• CBDT to acknowledge black money declarants by August-end
• Petrol price cut by Rs 1/litre, diesel by Rs 2 a litre
• RBI simplifies KYC norms for opening a bank accounts
• PM assures middle class an end to tax terrorism
• Government notifies revised tax treaty with Mauritius

• IT Interest Calculator FY 2015-16 AY 2016-17

• Test your knowledge & answer the query?

• Arvind Kejriwal tweeted: Really proud of Dipa Karmakar

Online Blood Bank - Donate or Receive Blood & Save Lives.

Posted: 15 Aug 2016 07:30 PM PDT Only you can Change and make a difference between life and death so registered today at online blood bank of www.casansaar.com. Let nobody die for want of blood in India, More then 2000 Members Registered himself . CLICK ON THE LINK FOR REGISTRATION... http://www.casansaar.com/bloodbank/

for detail visit www.casansaar.com

CBDT to acknowledge black money declarants by August-end Posted: 15 Aug 2016 07:17 PM PDT Black money holders who have disclosed their ill-gotten assets during July under the ongoing compliance window will receive acknowledgement from the tax department by August 30. Since the governmen CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/CBDT-to-acknowledge-black-money-declarants-by-August-end/8165.html

for detail visit www.casansaar.com

Petrol price cut by Rs 1/litre, diesel by Rs 2 a litre Posted: 15 Aug 2016 07:01 PM PDT Petrol price was on Monday cut by Rs 1 per litre and diesel by Rs 2 per litre, following a drop in international prices. Petrol will cost Rs 60.09 a litre in Delhi from midnight of August 15, as co CLICK ON THE LINK,,,, http://www.casansaar.com/news-General/Petrol-price-cut-by-Rs-1litre-diesel-by-Rs-2-a-litre/8164.html

for detail visit www.casansaar.com

RBI simplifies KYC norms for opening a bank accounts Posted: 15 Aug 2016 06:52 PM PDT The six documents required for proof of identity are passport, driving licence, voter identity card, PAN card, Aadhaar card issued by UIDAI, and NREGA card. You need to submit any one of these documen CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/RBI-simplifies-KYC-norms-for-opening-a-bank-accounts/8163.html

for detail visit www.casansaar.com

PM assures middle class an end to tax terrorism Posted: 15 Aug 2016 06:52 PM PDT Prime Minister Narendra Modi on Monday assured tax payers that he will remove the fear of taxman hounding them by ushering in accountability and answerability. “Middle class, uppe CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/PM-assures-middle-class-an-end-to-tax-terrorism/8162.html

for detail visit www.casansaar.com

Government notifies revised tax treaty with Mauritius Posted: 15 Aug 2016 06:51 PM PDT India has notified a landmark Protocol that has now amended an existing 33-year-old double taxation avoidance agreement (DTAA) between India and Mauritius. The notification of the Protocol on Aug CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/Government-notifies-revised-tax-treaty-with-Mauritius/8161.html

for detail visit www.casansaar.com

IT Interest Calculator FY 2015-16 AY 2016-17 Posted: 15 Aug 2016 06:47 PM PDT IT Interest Calculator FY 2015-16 AY 2016-17: CLICK ON THE LINK,,, http://www.casansaar.com/files-Income-Tax-IT-Interest-Calculator-FY-2015-16-AY-2016-17/5869.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 15 Aug 2016 06:46 PM PDT Assessee a Company purchase / buyback its own shares at a price at which it was issued. The buyback price is lower than book value. Please let us know whether the difference between the book value and CLICK ON THE LINK,,,, http://www.casansaar.com/queries-Income-Tax/Buy-back-of-own-shares-covered-us-562viia-or-not/5396.html

for detail visit www.casansaar.com

Arvind Kejriwal tweeted: Really proud of Dipa Karmakar Posted: 15 Aug 2016 01:57 AM PDT @manojshaah, @DheerajGbc, @SushmaSwaraj, @yogibababanaras, @narendramodi also Tweeted. Popular in your network Arvind Kejriwal @ArvindKejriwal Really proud of Dipa Karmakar twitter.com/lambaalka/stat…  920  1.4K Manoj Shah @manojshaah 1 Followed, 3 Unfollowed me (monitored by unfollowspy.com) Dheeraj Jaiswal @DheerajGbc RT @bihari_bahubali: @ruchikokcha some more superb tweets from @IndiaToday twitter.com/dheerajgbc/sta… Sushma Swaraj @SushmaSwaraj Welcome Mam. How are you ? twitter.com/ashishp2033399…  320  1.3K Yogendra Rao @yogibababanaras Listening to #Modiji Live Narendra Modi @narendramodi A wonderful photo story, taking you through the celebrations at the Red Fort. #IndependenceDayIndia In Pictures: PM Modi at 70th Independence Day Celebrations at Red Fort, Delhi Open in a new Window narendramodi.in  290  930 Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 ------------------------------------------------

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Empanelment of Members to act as Observers at the Examination Centres
• Indian Oveseas Bank (IOB) invites applications for Concurrent Audit
• RBI penalises four co-operative banks for norms violations
• Bihar Becomes First Non-NDA Govt To Ratify GST

Empanelment of Members to act as Observers at the Examination Centres Posted: 17 Aug 2016 09:35 PM PDT EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT THE EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS NOVEMBER/ DECEMBER 2016. It is proposed to empanel members to act as Observers for the CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Empanelment-of-Members-to-act-as-Observers-at-the-Examination-Centres-for-the-CA-Exams-Nov-Dec-2016--ICAI/1682.html

for detail visit www.casansaar.com

Indian Oveseas Bank (IOB) invites applications for Concurrent Audit Posted: 17 Aug 2016 09:11 PM PDT Indian Oveseas Bank (IOB) invites applications for Empanelments of Concurrent Audit. The firm or its proprietor/partners have not been the subject of inquiries in the past by the Institute of Charter CLICK ON THE LINK,,,, http://www.casansaar.com/empanelment-Indian-Oveseas-Bank-IOB-invites-applications-for-Concurrent-Audit/1681.html

for detail visit www.casansaar.com

RBI penalises four co-operative banks for norms violations Posted: 17 Aug 2016 03:49 AM PDT The Reserve Bank on India (RBI) on Tuesday said it has imposed penalties of up to Rs 5 lakh on four co-operative banks for violation of norms. CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/RBI-penalises-four-co-operative-banks-for-norms-violations/8167.html

for detail visit www.casansaar.com

Bihar Becomes First Non-NDA Govt To Ratify GST Posted: 17 Aug 2016 03:48 AM PDT Bihar today became the first non-NDA state to ratify the Constitution Amendment Bill on GST after Chief Minister Nitish Kumar counted virtues of the tax reform. With all the major parties in the st CLICK ON THE LINK,,, http://www.casansaar.com/news-Excise/Bihar-Becomes-First-Non-NDA-Govt-To-Ratify-GST/8166.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Empanelment of Members to act as Observers at the Examination Centres
• Indian Oveseas Bank (IOB) invites applications for Concurrent Audit

• Students can access answer sheet under RTI - SC
• Bank unions decide to join national strike on September 2
• Fifth set of FAQs providing clarification on various issues under the
• Only 14 lakh individuals fell in 30% tax bracket in 2012-13
• SBI gets board approval for merger of associate banks

• Test your knowledge & answer the query?

Empanelment of Members to act as Observers at the Examination Centres Posted: 18 Aug 2016 10:27 AM PDT

EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT THE EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS NOVEMBER/ DECEMBER 2016. It is proposed to empanel members to act as Observers for the CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Empanelment-of-Members-to-act-as-Observers-at-the-Examination-Centres-for-the-CA-Exams-Nov-Dec-2016--ICAI/1682.html for detail visit www.casansaar.com

Indian Oveseas Bank (IOB) invites applications for Concurrent Audit

Posted: 18 Aug 2016 10:26 AM PDT Indian Oveseas Bank (IOB) invites applications for Empanelments of Concurrent Audit. APPLICATION FOR ASSIGNMENT OF CONCURRENT AUDIT IN INDIAN OVERSEAS BANK FOR THE PERIOD 01.09.2016-30.06.2017 O CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Indian-Oveseas-Bank-IOB-invites-applications-for-Concurrent-Audit/1681.html

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Students can access answer sheet under RTI - SC Posted: 18 Aug 2016 05:51 PM PDT The Supreme Court has asked the Central Board of Secondary Education (CBSE) to “scrupulously” follow its 2011 judgment that it is a student’s “fundamental and legitimate right& CLICK ON THE LINK,,,, http://www.casansaar.com/news-General/Students-can-access-answer-sheet-under-RTI---SC/8174.html

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Bank unions decide to join national strike on September 2 Posted: 18 Aug 2016 10:20 AM PDT Around five lakh bank employees and officers in banks will join the All India General Strike on September 2, 2016 to protest against the Central Government's anti-people economic policies and anti CLICK ON THE LINK,,,, http://www.casansaar.com/news-Banking/Bank-unions-decide-to-join-national-strike-on-September-2/8173.html

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Fifth set of FAQs providing clarification on various issues under the Posted: 18 Aug 2016 10:16 AM PDT The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. Income Dec CLICK ON THE LINK,,,,' http://www.casansaar.com/news-Income-Tax/Fifth-set-of-FAQs-providing-clarification-on-various-issues-under-the-IDS-2016/8172.html

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Only 14 lakh individuals fell in 30% tax bracket in 2012-13 Posted: 18 Aug 2016 10:05 AM PDT Only 14 lakh individuals out of the 2.89 crore assessees in the country declared an annual income of over Rs. 10 lakh, attracting the highest tax bracket of 30 per cent, in assessment year 2012-13. A CLICK ON  THE LINK.... http://www.casansaar.com/news-Income-Tax/Only-14-lakh-individuals-fell-in-30-tax-bracket-in-2012-13/8171.html

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SBI gets board approval for merger of associate banks Posted: 18 Aug 2016 10:04 AM PDT State bank of India board at a meeting held on Thursday approved the merger of 3 associate banks and BMBL to create a banking giant. In a filing on BSE, the public sector lender said,”The Centra CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/SBI-gets-board-approval-for-merger-of-associate-banks/8170.html

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Test your knowledge & answer the query? Posted: 18 Aug 2016 05:57 PM PDT ONE OF OUR CLIENT SHOWN RS. 4.05 LACS.AS COMMISSION RECEIVED FROM DIFFERENT PARTIES IN HIS ITR WITH OTHER BUSINESS INCOME AND PAY THE I. TAX. HIS CASE IS SELECTED FOR LIMITED SCRUTINY CLICK ON THE LINK... http://www.casansaar.com/queries-Income-Tax/INCOME-TAX/5408.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Chartered Accountant
• Accounts Assistant
• ACCOUNTANT FOR LOGISTICS COMPANY
• QUALIFIED CHARTERED ACCOUNTANT
• C. A. with Bank Concurrent Experience
• Chartered Accountant
• CA
• CHARTERED ACCOUNTANTS
• Chartered Accountant
• Chartered Accountant
• Company Secretary
• Chartered Accountant
• Chartered Accountant
• CA- STATUTORY COMPLIANCE
• CHARTERED ACCOUNTANT
• Assistant Manager Accounts

Chartered Accountant Posted: 20 Aug 2016 05:30 AM PDT Baljit S Bedi & Co.-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Baljit-S-Bedi-Co./Chartered-Accountant/16492.html

for detail visit www.casansaar.com

Accounts Assistant Posted: 20 Aug 2016 05:28 AM PDT URJA GLOBAL LTD-India-Delhi-West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/URJA-GLOBAL-LTD/Accounts-Assistant/16496.html

for detail visit www.casansaar.com

ACCOUNTANT FOR LOGISTICS COMPANY Posted: 20 Aug 2016 05:26 AM PDT M/S JTK LOGISTICS PRIVATE LIMITED-India-Delhi-MAHIPALPUR CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/MS-JTK-LOGISTICS-PRIVATE-LIMITED/ACCOUNTANT-FOR-LOGISTICS-COMPANY/16498.html

for detail visit www.casansaar.com

QUALIFIED CHARTERED ACCOUNTANT Posted: 20 Aug 2016 05:24 AM PDT D.GARODIA & CO.-India--KolkataM.C. CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/D.GARODIA-CO./QUALIFIED-CHARTERED-ACCOUNTANT/16502.html

for detail visit www.casansaar.com

C. A. with Bank Concurrent Experience Posted: 20 Aug 2016 05:23 AM PDT RAJ JATIN & CO-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/RAJ-JATIN-CO/C.-A.-with-Bank-Concurrent-Experience/16507.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 20 Aug 2016 05:22 AM PDT Y K G AND Associates-India-Delhi-East Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Y-K-G-AND-Associates/Chartered-Accountant/16512.html

for detail visit www.casansaar.com

CA Posted: 20 Aug 2016 05:21 AM PDT ANIL REENU COMPANY-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/ANIL-REENU-COMPANY/CA/16515.html

for detail visit www.casansaar.com

CHARTERED ACCOUNTANTS Posted: 20 Aug 2016 05:19 AM PDT CHANDER SAREEN & ASSOCIATES-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CHANDER-SAREEN-ASSOCIATES/CHARTERED-ACCOUNTANTS/16519.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 20 Aug 2016 05:18 AM PDT SARC & Associates-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SARC-Associates/Chartered-Accountant/16524.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 20 Aug 2016 05:17 AM PDT SARC & Associates-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SARC-Associates/Chartered-Accountant/16524.html

for detail visit www.casansaar.com

Company Secretary Posted: 20 Aug 2016 05:16 AM PDT Sabrimala Leasing and Holdings Limited-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CS/Sabrimala-Leasing-and-Holdings-Limited/Company-Secretary/16537.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 20 Aug 2016 05:14 AM PDT AAR & Associates-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/AAR-Associates/Chartered-Accountant/16540.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 20 Aug 2016 05:12 AM PDT CA Firm In South Delhi-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CA-Firm-In-South-Delhi/Chartered-Accountant/16542.html

for detail visit www.casansaar.com

CA- STATUTORY COMPLIANCE Posted: 20 Aug 2016 05:10 AM PDT ALOK MISRA & CO-India-Delhi-South West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/ALOK-MISRA-CO/CA--STATUTORY-COMPLIANCE/16545.html

for detail visit www.casansaar.com

CHARTERED ACCOUNTANT Posted: 20 Aug 2016 05:08 AM PDT B.K. SOOD & CO-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/B.K.-SOOD-CO/CHARTERED-ACCOUNTANT/16554.html

for detail visit www.casansaar.com

Assistant Manager Accounts Posted: 20 Aug 2016 05:05 AM PDT Logistics Company in Mahipalpur-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Logistics-Company-in-Mahipalpur/Assistant-Manager-Accounts/16491.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Chartered Accountant killed by Women in Dlf Gurgaon
• Govt against withdrawing Nominee directors from PSU Banks’ Boards
• Government delves into etailers’ concerns on GST
• FinMin mulling advancing Union Budget by a month
• Government May Offer Foreign Auditors Direct Access
• Brief description of 'Mudra Loan Scheme'
• Services provided to the Government, a local Authority or a Governmental Authority with regards to water supply
• Guidelines regarding Provisional Assessments under section 18 of the Custom Act, 1962
• CBDT notifies classes of buyers to whom TCS provisions not apply

• Test your knowledge & answer the query?

• Himachal Pradesh Assembly Becomes Fourth State To Ratify GTS Bill
• Government delves into etailers’ concerns on GST
• Government May Offer Foreign Auditors Direct Access
• FinMin mulling advancing Union Budget by a month
• casansaar tweeted: ACCOUNTANT FOR LOGISTICS COMPANY

Chartered Accountant killed by Women in Dlf Gurgaon Posted: 22 Aug 2016 08:11 PM PDT A 38-year-old chartered accountant (CA) was stabbed to death at his office in U-Block of DLF Phase-3 on Thursday night. A woman has confessed to the crime, claiming that the chartered accountant attem CLICK ON THE LINK,,,, http://www.casansaar.com/news-Chartered-Accountant/Chartered-Accountant-killed-by-Women-in-Dlf-Gurgaon/8184.html

for detail visit www.casansaar.com

Govt against withdrawing Nominee directors from PSU Banks’ Boards Posted: 22 Aug 2016 08:02 PM PDT The government is not favour of the Reserve Bank of India’s suggestion seeking to withdraw the banking regulator’s nominee directors from the boards of public sector banks. The finance min CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/Govt-against-withdrawing-Nominee-directors-from-PSU-Banks%E2%80%99-Boards/8183.html

for detail visit www.casansaar.com

Government delves into etailers’ concerns on GST Posted: 22 Aug 2016 07:45 PM PDT The government is looking into the biggest concern of online retailers with the goods and services tax (GST) — rules relating to returned goods that have at times even reached as high as half th CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Government-delves-into-etailers%E2%80%99-concerns-on-GST/8181.html

for detail visit www.casansaar.com

FinMin mulling advancing Union Budget by a month Posted: 22 Aug 2016 07:44 PM PDT FinMin mulling advancing Union Budget by a month: The Union Budget has for decades been presented on the last day of February, but this could soon change with the government mulling advancing it to January-end, to complete the exercise before the beg CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/FinMin-mulling-advancing-Union-Budget-by-a-month/8179.html

for detail visit www.casansaar.com

Government May Offer Foreign Auditors Direct Access Posted: 22 Aug 2016 07:43 PM PDT In a move that signals the government's intent to allow foreign audit firms to register and operate directly in the Indian market, the Ministry of Corporate Affairs has written to the Institute of CLICK ON THE LINK.... http://www.casansaar.com/news-Auditing/Government-May-Offer-Foreign-Auditors-Direct-Access/8180.html

for detail visit www.casansaar.com

Brief description of 'Mudra Loan Scheme' Posted: 22 Aug 2016 07:41 PM PDT Dear Members, Many of our friends frequently inquire about different aspects of Mudra Loans under Pradhan Mantri Mudra Yojna. Though they have already gone through the details of this scheme, a few CLICK ON THE LINK,,, http://www.casansaar.com/articles-Banking/Brief-description-of-Mudra-Loan-Scheme/3182.html

for detail visit www.casansaar.com

Services provided to the Government, a local Authority or a Governmental Authority with regards to water supply Posted: 22 Aug 2016 07:40 PM PDT Services provided to the Government, a local Authority or a Governmental Authority with regards to water supply - Circular no. 199/09/2016, Dated 22/08/2016 CLICK ON THE LINK,,, http://www.casansaar.com/notification-Service-Tax/Services-provided-to-the-Government-a-local-Authority-or-a-Governmental-Authority-with-regards-to-water-supply/3240.html

for detail visit www.casansaar.com

Guidelines regarding Provisional Assessments under section 18 of the Custom Act, 1962 Posted: 22 Aug 2016 07:39 PM PDT Guidelines regarding Provisional Assessments under section 18 of the Custom Act, 1962 - Circular No. 38/2016 Dated 22/08/2016 CLICK ON THE LINK,,, http://www.casansaar.com/notification-Custom/Guidelines-regarding-Provisional-Assessments-under-section-18-of-the-Custom-Act-1962/3239.html

for detail visit www.casansaar.com

CBDT notifies classes of buyers to whom TCS provisions not apply Posted: 22 Aug 2016 07:39 PM PDT MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) NOTIFICATION NO. 75/2016-INCOME TAX New Delhi, the 19th August, 2016  S.O. 2747(E).- In exercise of the po CLICK ON THE LINK,,, http://www.casansaar.com/notification-CBDT/CBDT-notifies-classes-of-buyers-to-whom-TCS-provisions-not-apply/3238.html

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Test your knowledge & answer the query? Posted: 22 Aug 2016 07:37 PM PDT Previous year Input Vat lying in assets side of the balance sheet which is not refundable by department can this amount should be written off through P& L Account and which is allowable expenses as pe CLICK ON THE LINK,,, http://www.casansaar.com/queries-VAT/Accounting/5409.html

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Himachal Pradesh Assembly Becomes Fourth State To Ratify GTS Bill Posted: 22 Aug 2016 05:35 AM PDT Himachal Pradesh assembly became the fourth state after Bihar, Jharkhand and Assam to ratify the GST Bill. The Himachal Pradesh Assembly Monday ratified the landmark constitutional bill for the rol CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Himachal-Pradesh-Assembly-Becomes-Fourth-State-To-Ratify-GTS-Bill/8182.html

for detail visit www.casansaar.com

Government delves into etailers’ concerns on GST Posted: 22 Aug 2016 03:57 AM PDT The government is looking into the biggest concern of online retailers with the goods and services tax (GST) — rules relating to returned goods that have at times even reached as high as half th CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Government-delves-into-etailers%E2%80%99-concerns-on-GST/8181.html

for detail visit www.casansaar.com

Government May Offer Foreign Auditors Direct Access Posted: 22 Aug 2016 03:56 AM PDT In a move that signals the government's intent to allow foreign audit firms to register and operate directly in the Indian market, the Ministry of Corporate Affairs has written to the Institute of CLICK ON THE LINK,,, http://www.casansaar.com/news-Auditing/Government-May-Offer-Foreign-Auditors-Direct-Access/8180.html

for detail visit www.casansaar.com

FinMin mulling advancing Union Budget by a month Posted: 22 Aug 2016 03:54 AM PDT The Union Budget has for decades been presented on the last day of February, but this could soon change with the government mulling advancing it to January-end, to complete the exercise before the beg CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/FinMin-mulling-advancing-Union-Budget-by-a-month/8179.html

for detail visit www.casansaar.com

casansaar tweeted: ACCOUNTANT FOR LOGISTICS COMPANY Posted: 22 Aug 2016 01:56 AM PDT @manojshaah, @gaurumodi, @yogibababanaras, @srirambjp, @narendramodi also Tweeted. Popular in your network casansaar @casansaar ACCOUNTANT FOR LOGISTICS COMPANY goo.gl/fb/PpXQds Manoj Shah @manojshaah 3 Followed, 3 Unfollowed me (monitored by unfollowspy.com) gaurav modi @gaurumodi 5 people followed me // automatically checked by fllwrs - keep track of who follows and unfollows you on twitter fllwrs is the easiest way to keep track of your twitter followers fllwrs.com Yogendra Rao @yogibababanaras Good morning tweeties Sriram @srirambjp Yes, "Bals" are expensive only on bald congi heads!! twitter.com/HartoshSinghBa…  3  3 Narendra Modi @narendramodi India wants each Afghan to flourish and Afghanistan to benefit from fruits of economic growth. Text of PM's remarks at the Inauguration Ceremony of Renovated Stor Palace in Kabul via video-con... H.E. President Mohammad Ashraf Ghani Foreign Minister Excellency Rabbani And my dear Afghan f... narendramodi.in  530  1.6K Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 ------------------------------------------------

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Online Updation of Member's PAN Detail with ICAI Posted: 23 Aug 2016 08:45 PM PDT In Case You are facing any Problem in uploading Tax Audit Reports due to non updation of PAN Number at ICAI or due to differences in the Name as Per ICAI Record and Name Given in PAN Number than pls G CLICK ON THE LINK,,,, http://www.casansaar.com/news-PAN/Online-Updation-of-Members-PAN-Detail-with-ICAI/8187.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Provide/update PAN details to avoid blocking of e-filing account by the Income Tax Dept - ICAI
• Income Tax dept officers to suggest changes in direct tax laws
• Broadcasting of Auction Results and Allotment at Fixed Time
• Guidelines on Enhancing Credit Supply for Large Borrowers through Market Mechanism
• Market Repo Transactions in Government Securities Market
• Repo / Reverse repo in Corporate Debt Securities
• Repo / Reverse repo in Corporate Debt Securities
• Master Circular – Collection of Direct Taxes - OLTAS
• Risk- based Internal Audit
• Prudential Norms for Off-balance Sheet Exposures of Banks – Restructuring of derivative contracts
• Review of Prudential Norms –Risk Weights for Exposures to Corporates, AFCs and NBFC-IFCs
• Partial Credit Enhancement (PCE) to Corporate Bonds
• Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) – Aajeevika - Interest Subvention Scheme
• Pradhan Mantri Fasal Bima Yojna-Non-feeding of data by bank branches in the Crop Insurance Portal of MoA&FW
• Financial Literacy Centres - Revised reporting format
• PARTENER REQUIRED

• Test your knowledge & answer the query?

• Madhya Pradesh Passes GST Bill, Seventh State To Do So
• Delhi Assembly ratifies
• Differences between Overdraft and Cash Credit
• West Bengal Professional Tax - An Insight

• TEST YOUR KNOWLEDGE AND ANSWER THE QUERY?

Provide/update PAN details to avoid blocking of e-filing account by the Income Tax Dept - ICAI Posted: 25 Aug 2016 11:26 AM PDT It has been noticed that the Income Tax Department has blocked/ disabled the e-Filing account of the members whose correct PAN details are not available with the Department. Upon following with the CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Provideupdate-PAN-details-to-avoid-blocking-of-e-filing-account-by-the-Income-Tax-Dept---ICAI/8191.html

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Income Tax dept officers to suggest changes in direct tax laws Posted: 25 Aug 2016 11:01 AM PDT In a bid to keep nation's tax laws in conformity with changing times, the Income Tax Department has created a permanent mechanism for seeking inputs from its officers for changes required in the d CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Income-Tax-dept-officers-to-suggest-changes-in-direct-tax-laws/8190.html

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Broadcasting of Auction Results and Allotment at Fixed Time Posted: 25 Aug 2016 11:00 AM PDT RBI/2016-17/51 Ref.IDMD/435/08.01.001/2016-17 August 25, 2016 All Market Participants Dear Sir/Madam, Broadcasting of Auction Results and Allotment at Fixed Time As part of the market CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Broadcasting-of-Auction-Results-and-Allotment-at-Fixed-Time/3253.html

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Guidelines on Enhancing Credit Supply for Large Borrowers through Market Mechanism Posted: 25 Aug 2016 10:59 AM PDT RBI/2016-17/50 DBR.BP.BC.No.8/21.01.003/2016-17 August 25, 2016 All Scheduled Commercial Banks (excluding RRBs) Guidelines on Enhancing Credit Supply for Large Borrowers through Market Mec CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Guidelines-on-Enhancing-Credit-Supply-for-Large-Borrowers-through-Market-Mechanism/3252.html

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Market Repo Transactions in Government Securities Market Posted: 25 Aug 2016 10:57 AM PDT RBI/2016-17/49 FMRD.DIRD.6/14.03.002/2016-17 August 25, 2016 All Market Participants Dear Sir/Madam, Market Repo Transactions in Government Securities Market Please refer to parag CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Market-Repo-Transactions-in-Government-Securities-Market/3250.html

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Repo / Reverse repo in Corporate Debt Securities Posted: 25 Aug 2016 10:56 AM PDT RBI/2016-17/48 FMRD.DIRD.5/14.01.009/2016-17 August 25, 2016 To All Market Participants Dear Sir/Madam, Repo / Reverse repo in Corporate Debt Securities A reference is invited to our&n CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Repo-Reverse-repo-in-Corporate-Debt-Securities/3249.html

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Repo / Reverse repo in Corporate Debt Securities Posted: 25 Aug 2016 10:56 AM PDT RBI/2016-17/48 FMRD.DIRD.5/14.01.009/2016-17 August 25, 2016 To All Market Participants Dear Sir/Madam, Repo / Reverse repo in Corporate Debt Securities A reference is invited to our&n CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Repo-Reverse-repo-in-Corporate-Debt-Securities/3249.html

for detail visit www.casansaar.com

Master Circular – Collection of Direct Taxes - OLTAS Posted: 25 Aug 2016 10:55 AM PDT RBI/2016-17/47 DGBA.GAD.No.458/42.01.034/2016-17 August 25, 2016 To All agency Banks Dear Sir / Madam Master Circular – Collection of Direct Taxes - OLTAS Please refer to our&nb CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Master-Circular-%E2%80%93-Collection-of-Direct-Taxes---OLTAS/3248.html

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Risk- based Internal Audit Posted: 25 Aug 2016 10:54 AM PDT RBI/2016-17/46 DBS.CO.PPD.05/11.01.005/2016-17 August 25, 2016 All Scheduled Commercial Banks (excluding RRBs) Dear Sir/ Madam, Risk- based Internal Audit Please refer to our cir CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Risk--based-Internal-Audit/3247.html

for detail visit www.casansaar.com

Prudential Norms for Off-balance Sheet Exposures of Banks – Restructuring of derivative contracts Posted: 25 Aug 2016 10:53 AM PDT RBI/2016-17/45 DBR.No.BP.BC.7/21.04.157/2016-17 August 25, 2016 All Scheduled Commercial Banks  (Excluding Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Prudential Nor CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Prudential-Norms-for-Off-balance-Sheet-Exposures-of-Banks-%E2%80%93-Restructuring-of-derivative-contracts/3246.html

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Review of Prudential Norms –Risk Weights for Exposures to Corporates, AFCs and NBFC-IFCs Posted: 25 Aug 2016 10:52 AM PDT RBI/2016-17/44 DBR.No.BP.BC.6/21.06.001/2016-17 August 25, 2016 All Scheduled Commercial Banks  (Excluding Local Area Banks and Regional Rural Banks) Dear Sir/Madam, Review of Prud CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Review-of-Prudential-Norms-%E2%80%93Risk-Weights-for-Exposures-to-Corporates-AFCs-and-NBFC-IFCs/3245.html

for detail visit www.casansaar.com

Partial Credit Enhancement (PCE) to Corporate Bonds Posted: 25 Aug 2016 10:51 AM PDT RBI/2016-17/43 DBR.BP.BC.No.5/21.04.142/2016-17 August 25, 2016 All Scheduled Commercial Banks (excluding RRBs) Partial Credit Enhancement (PCE) to Corporate Bonds Please refer to the&nb CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Partial-Credit-Enhancement-PCE-to-Corporate-Bonds/3244.html

for detail visit www.casansaar.com

Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) – Aajeevika - Interest Subvention Scheme Posted: 25 Aug 2016 10:50 AM PDT RBI/2016-17/42 FIDD.GSSD.CO.BC.No.13/09.01.03/2016-17 August 25, 2016 The Chairman / Managing Director Public and Private Sector Banks Dear Sir / Madam, Deendayal Antyodaya Yojana - Nati CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Deendayal-Antyodaya-Yojana---National-Rural-Livelihoods-Mission-DAY-NRLM-%E2%80%93-Aajeevika---Interest-Subvention-Scheme/3243.html

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Pradhan Mantri Fasal Bima Yojna-Non-feeding of data by bank branches in the Crop Insurance Portal of MoA&FW Posted: 25 Aug 2016 10:49 AM PDT RBI/2016-17/41 FIDD.CO.FSD.BC.11/05.10.007/2016-17 August 25, 2016 The Chairman/Managing Director/Chief Executive Officer All Scheduled Commercial Banks (excluding Regional Rural Banks) Ma CLICK ON THE LINK,,,, http://www.casansaar.com/notification-RBI/Pradhan-Mantri-Fasal-Bima-Yojna-Non-feeding-of-data-by-bank-branches-in-the-Crop-Insurance-Portal-of-MoAFW/3242.html

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Financial Literacy Centres - Revised reporting format Posted: 25 Aug 2016 10:48 AM PDT RBI/2016-17/40 FIDD.FLC.BC.No.12/12.01.018/2016-17 August 25, 2016 To Chairman/MD & CEO  Scheduled Commercial Banks (Including RRBs) Dear Sir/M CLICK ON  THE LINK,,, http://www.casansaar.com/notification-RBI/Financial-Literacy-Centres---Revised-reporting-format/3241.html

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PARTENER REQUIRED Posted: 25 Aug 2016 10:46 AM PDT Hello, Mumbai based DISA qualified ACA seeking for Partnership for mutual benefit preferably from Mumbai. Send partnership proposal at: shardaneha152. CLICK ON THE LINK,,,,, http://www.casansaar.com/classified-ads-Partners-Required/PARTENER-REQUIRED/5130.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 25 Aug 2016 10:43 AM PDT what is the criteria of audit of speculative trading in shares/ commodity via dmat account CLICK ON THE LINK,,, http://www.casansaar.com/queries-Audit/Audit-of-Shares-Trading/5412.html

for detail visit www.casansaar.com

Madhya Pradesh Passes GST Bill, Seventh State To Do So Posted: 25 Aug 2016 01:42 AM PDT A special one-day sitting of the state legislative assembly was convened for ratification of the GST Bill. The Madhya Pradesh Assembly on Wednesday passed the Goods and Services Tax (GST) Amendment CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Madhya-Pradesh-Passes-GST-Bill-Seventh-State-To-Do-So/8188.html

for detail visit www.casansaar.com

Delhi Assembly ratifies Posted: 25 Aug 2016 01:40 AM PDT The Delhi Legislative Assembly on Wednesday passed a resolution to ratify the Constitution (122nd Amendment) Bill or the Goods and Services Tax Bill passed by the Parliament. Deputy Chief Mi CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Delhi-Assembly-ratifies-big-reform-GST-bill/8189.html

for detail visit www.casansaar.com

Differences between Overdraft and Cash Credit Posted: 25 Aug 2016 01:36 AM PDT Most of us don't see any difference between a Cash Credit(CC) and an Overdraft(OD). Even most of the bankers interchange the two terms. Most of the banks call the working capital limit as 'CC& CLICK ON THE LINK,,, http://www.casansaar.com/articles-Banking/Differences-between-Overdraft-and-Cash-Credit/3183.html

for detail visit www.casansaar.com

West Bengal Professional Tax - An Insight Posted: 25 Aug 2016 01:34 AM PDT West Bengal Professional Tax - An Insight CLICK ON THE LINK,,, http://www.casansaar.com/files-Income-Tax-West-Bengal-Professional-Tax---An-Insight/5870.html

for detail visit www.casansaar.com

TEST YOUR KNOWLEDGE AND ANSWER THE QUERY? Posted: 25 Aug 2016 01:33 AM PDT What about AMIT RAY and co.( Mumbai)For join after completion of CA and future career  What type of Audits and work here please suggest me. Thanks a lot for your help. CLICK ON THE LINK,,, http://www.casansaar.com/queries-Custom/CA-Firm-Amit-ray-Co./5411.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• MEF online submission date has been extended to 10 Sept
• RBI permits banks to hire ex-officials for internal Audit
• Nagaland Assembly ratifies GST
• RBI asks banks to provide loans to women self-help groups in rural area
• Custome Circular - Revised Guidelines for Disposal of Confiscated Goods

• PARTENER REQUIRED
• Test your knowledge & answer the query?

• RBI asks banks to provide loans to women self-help groups in rural are
• MEF online submission date has been extended to 10 Sept

MEF online submission date has been extended to 10 Sept Posted: 26 Aug 2016 07:17 PM PDT For the kind information of all practicing members of Institute  Extension of Multipurpose Empanelment Form for the year 2016-17  The last date of online filing of MEF 2016-1 CLICK ON THE LINK,,,, http://www.casansaar.com/empanelment-MEF-online-submission-date-has-been-extended-to-10-Sept/1684.html

for detail visit www.casansaar.com

RBI permits banks to hire ex-officials for internal Audit Posted: 26 Aug 2016 07:13 PM PDT With banks facing shortage of experienced staff for internal audits, the Reserve Bank of India (RBI) on Thursday allowed them to hire their retired officials for up to three years for assistance in co CLICK ON THE LINK,,, http://www.casansaar.com/news-Auditing/RBI-permits-banks-to-hire-ex-officials-for-internal-Audit/8194.html

for detail visit www.casansaar.com

Nagaland Assembly ratifies GST Posted: 26 Aug 2016 06:56 PM PDT The Nagaland Legislative Assembly today ratified the Goods and Service Tax (GST) Constitution Amendment Bill.  The bill was endorsed by the House by a voice vote following a brief di CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Nagaland-Assembly-ratifies-GST/8193.html

for detail visit www.casansaar.com

RBI asks banks to provide loans to women self-help groups in rural area Posted: 26 Aug 2016 06:55 PM PDT RBI has asked banks to provide loans to women self-help groups in rural areas at 7 per cent per annum, as per the government's revised guidelines for the current financial year.  The Reser CLICK ON THE LINK,,, http://www.casansaar.com/news-RBI/RBI-asks-banks-to-provide-loans-to-women-self-help-groups-in-rural-areas-at-7-per-annum/8192.html

for detail visit www.casansaar.com

Custome Circular - Revised Guidelines for Disposal of Confiscated Goods Posted: 26 Aug 2016 06:54 PM PDT Custome Circular No. 39/2016 dated 26-08-2016 - Revised Guidelines for Disposal of Confiscated Goods. Custome Circular No. 39/2016 CLICK ON THE LINK,,, http://www.casansaar.com/notification-Custom/Custome-Circular---Revised-Guidelines-for-Disposal-of-Confiscated-Goods/3254.html

for detail visit www.casansaar.com

PARTENER REQUIRED Posted: 26 Aug 2016 06:53 PM PDT Hello, Mumbai based DISA qualified ACA seeking for Partnership for mutual benefit preferably from Mumbai. Send partnership proposal at: shardaneha15@ CLICK ON THE LINK,,, http://www.casansaar.com/classified-ads-Partners-Required/PARTENER-REQUIRED/5130.html

for detail visit www.casansaar.com

Test your knowledge & answer the query?

Posted: 26 Aug 2016 06:51 PM PDT Client is a subsidiary of a Korean company. Parent company( Korean co) is sold to another korean company. What is the capital gain tax procedures to be followed in India for the transfer of the shares CLICK ON THE LINK,,, http://www.casansaar.com/queries-Income-Tax/Double-Tax-Avoidance/5398.html

for detail visit www.casansaar.com

RBI asks banks to provide loans to women self-help groups in rural are Posted: 26 Aug 2016 05:21 AM PDT RBI has asked banks to provide loans to women self-help groups in rural areas at 7 per cent per annum, as per the government's revised guidelines for the current financial year. The Reser CLICK ON THE LINK,,, http://www.casansaar.com/news-RBI/RBI-asks-banks-to-provide-loans-to-women-self-help-groups-in-rural-areas-at-7-per-annum/8192.html

for detail visit www.casansaar.com

MEF online submission date has been extended to 10 Sept Posted: 26 Aug 2016 03:32 AM PDT MEF online submission date has been extended to 10 Sept declaration to reach by 20 Sept. #casansaar CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-MEF-online-submission-date-has-been-extended-to-10-Sept/1684.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Chartered Accountants

• Chartered Accountant
• Chartered Accountant
• Chartered Accountant

• CA Finalist (Urgent)
• 0-3 years Experienced CA required
• CA
• Finance & Accounts Officer
• CHARTERED ACCOUNTANT
• sr. accountant, accountant
• sr. accountant, accountant
• Chartered Accountant
• Semi qualified CA
• CA (0-2 ) EXPRIENCE
• Chartered Accountant
• 1 Chartered Accountant
• Managerial Secretary
• Required for Chartered Accountant
• Chartered Accountant

Chartered Accountants Posted: 27 Aug 2016 04:11 AM PDT Mohan Gyan & Associates-India-Delhi-Central Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Mohan-Gyan-Associates/Chartered-Accountants/16565.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 27 Aug 2016 04:10 AM PDT R K Verma & Associates-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/R-K-Verma-Associates/Chartered-Accountant/16568.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 27 Aug 2016 04:08 AM PDT ARG & CO. LLP-India-Delhi-North West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/ARG-CO.-LLP/Chartered-Accountant/16577.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 27 Aug 2016 04:06 AM PDT V.K. BAJAJ & CO.-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/V.K.-BAJAJ-CO./Chartered-Accountant/16579.html

for detail visit www.casansaar.com

CA Finalist (Urgent) Posted: 27 Aug 2016 04:05 AM PDT KGN & COMPANY-India-Uttar Pradesh-Ghaziabad CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/KGN-COMPANY/CA-Finalist-Urgent/16590.html

for detail visit www.casansaar.com

0-3 years Experienced CA required Posted: 27 Aug 2016 04:04 AM PDT Arkay & Arkay, Chartered Accountants-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Arkay-Arkay-Chartered-Accountants/0-3-years-Experienced-CA-required/16592.html

for detail visit www.casansaar.com

CA Posted: 27 Aug 2016 04:03 AM PDT NARENDERSUKHIJA-India-Delhi-East Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/NARENDERSUKHIJA/CA/16600.html

for detail visit www.casansaar.com

Finance & Accounts Officer Posted: 27 Aug 2016 04:02 AM PDT CENTRAL INSTITUTE OF PLASTICS ENGINEERING & TECHNOLOGY-India-Tamil Nadu-Chennai CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CENTRAL-INSTITUTE-OF-PLASTICS-ENGINEERING-TECHNOLOGY/Finance-Accounts-Officer/16603.html

for detail visit www.casansaar.com

CHARTERED ACCOUNTANT Posted: 27 Aug 2016 04:01 AM PDT DHANESH GUPTA & CO-India-Delhi-Central Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/DHANESH-GUPTA-CO/CHARTERED-ACCOUNTANT/16608.html

for detail visit www.casansaar.com

sr. accountant, accountant Posted: 27 Aug 2016 03:59 AM PDT krish infrastructure p ltd-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/krish-infrastructure-p-ltd/sr.-accountant-accountant/16609.html

for detail visit www.casansaar.com

sr. accountant, accountant Posted: 27 Aug 2016 03:59 AM PDT krish infrastructure p ltd-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/krish-infrastructure-p-ltd/sr.-accountant-accountant/16609.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 27 Aug 2016 03:58 AM PDT UTI Infrastructure Technology And Services Limited (UTIITSL) -India-Maharashtra-Mumbai CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/UTI-Infrastructure-Technology-And-Services-Limited-UTIITSL/Chartered-Accountant/16613.html

for detail visit www.casansaar.com

Semi qualified CA Posted: 27 Aug 2016 03:57 AM PDT Felix Advisory Private Limited-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/Felix-Advisory-Private-Limited/Semi-qualified-CA/16624.html

for detail visit www.casansaar.com

CA (0-2 ) EXPRIENCE Posted: 27 Aug 2016 03:53 AM PDT SPMR & ASSOCIATES-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SPMR-ASSOCIATES/CA-0-2-EXPRIENCE/16628.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 27 Aug 2016 03:52 AM PDT V.RAWAL & CO-India-Delhi-South West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/V.RAWAL-CO/Chartered-Accountant/16629.html

for detail visit www.casansaar.com

1 Chartered Accountant Posted: 27 Aug 2016 03:51 AM PDT M/s Raj K Aggarwal & Associates-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Ms-Raj-K-Aggarwal-Associates/1-Chartered-Accountant/16632.html

for detail visit www.casansaar.com

Managerial Secretary Posted: 27 Aug 2016 03:50 AM PDT Indian Institute of Science Education and Research, Kolkata(IISER Kolkata)-India-West Bengal-KolkataM.C. CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CS/Indian-Institute-of-Science-Education-and-Research-KolkataIISER-Kolkata/Managerial-Secretary/16633.html

for detail visit www.casansaar.com

Required for Chartered Accountant Posted: 27 Aug 2016 03:49 AM PDT JAIN MITTAL CHAUDHARY & ASSOCIATES-India-Delhi-North Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/JAIN-MITTAL-CHAUDHARY-ASSOCIATES/Required-for-Chartered-Accountant/16634.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 27 Aug 2016 03:47 AM PDT ASV & Co.-India-Delhi- CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/ASV-Co./Chartered-Accountant/16637.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Exclusive Matrimonial Service for CA / CS / CMA community around the World.
• CA courses may get Degree, Post Graduation status
• SC upholds HC Rule which mandates that a lawyer outside state cannot appear in court
• Govt may advance Parliament session to get GST laws approved
• Half of states expected to ratify GST by early September
• West Bengal government unlists GST debate in special session

• Test your knowledge & answer the query?

Exclusive Matrimonial Service for CA / CS / CMA community around the World. Posted: 28 Aug 2016 07:43 PM PDT Exclusive Matrimonials Site For CA,CS,CMA Brides Grooms In India.Finding CA/CS/CMA As Life Partner,Visit Casansaar.FREE Profile on Community Matrimony CLICK ON THE LINK,,,, http://www.casansaar.com/matrimonial.html

for detail visit www.casansaar.com

CA courses may get Degree, Post Graduation status Posted: 28 Aug 2016 07:39 PM PDT The Union HRD Ministry is in the process of making CA Inter equivalent to BCom and CA Final to MCom. This was informed by Institute of Chartered Accountants of India (ICAI) national president M Devara CLICK ON THE LINK,,, http://www.casansaar.com/news-CA/CA-courses-may-get-Degree-Post-Graduation-status/8199.html

for detail visit www.casansaar.com

SC upholds HC Rule which mandates that a lawyer outside state cannot appear in court Posted: 28 Aug 2016 07:38 PM PDT The Supreme Court in JAMSHED ANSARI VS. HIGH COURT OF JUDICATURE AT ALLAHABAD & ORS has held that right of Advocates to appear and conduct cases in the court is a matter on which the court must an CLICK ON THE LINK,,, http://www.casansaar.com/news-General/SC-upholds-HC-Rule-which-mandates-that-a-lawyer-outside-state-cannot-appear-in-Court-without-a-Local-lawyer%E2%80%99s-appointment/8198.html

for detail visit www.casansaar.com

Govt may advance Parliament session to get GST laws approved Posted: 28 Aug 2016 07:37 PM PDT Eager to meet the April 1 target to roll out the landmark Goods and Services Tax (GST), the government may advance Winter Session of Parliament by a fortnight to get supporting legislations passed, le CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Govt-may-advance-Parliament-session-to-get-GST-laws-approved/8197.html

for detail visit www.casansaar.com

Half of states expected to ratify GST by early September Posted: 28 Aug 2016 07:36 PM PDT The Constitution amendment bill to roll out goods and services tax (GST) is expected to receive nod of about 50 percent of states by early September. Expecting this, Centre is working over issues s CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Half-of-states-expected-to-ratify-GST-by-early-September/8200.html

for detail visit www.casansaar.com

West Bengal government unlists GST debate in special session Posted: 28 Aug 2016 07:35 PM PDT The West Bengal government has postponed a House debate on the GST bill indefinitely. According to a Trinamool Congress functionary, the debate scheduled for August 29, before passing the legislation, CLICK ON THE LINK,,,, http://www.casansaar.com/news-GST/West-Bengal-government-unlists-GST-debate-in-special-session/8196.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 28 Aug 2016 07:28 PM PDT whether it is required for a CA to sign every page of tax audit report. If yes whether there is any prescribed notification for it CLICK ON THE LINK,,, http://www.casansaar.com/queries-Audit/tax-audit/5414.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Maharashtra Assembly to consider ratification of GST Bill
• 50% of states expected to approve GST by early September
• Bilateral trade with India reaches USD 109 billion, it would get furth

• TEST YOUR KNOWLEDGE AND ANSWER THE QUERY?

• Manoj Shah tweeted: Just the one unfollower today found tracked by

Maharashtra Assembly to consider ratification of GST Bill Posted: 29 Aug 2016 05:48 AM PDT A special one-day session of Maharashtra Legislature to consider ratification of the Goods and Services Tax (GST) Constitutional Amendment Bill passed by Parliament, got underway in Monday.In the CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Maharashtra-Assembly-to-consider-ratification-of-GST-Bill/8202.html

for detail visit www.casansaar.com

50% of states expected to approve GST by early September Posted: 29 Aug 2016 05:46 AM PDT NEW DELHI: With half the state legislatures expected to ratify the Constitution amendment bill to roll out goods and services tax+ (GST) by early September, the Centre is now moving to the next stage CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/50-of-states-expected-to-approve-GST-by-early-September/8203.html

for detail visit www.casansaar.com

Bilateral trade with India reaches USD 109 billion, it would get furth Posted: 29 Aug 2016 04:05 AM PDT US today said bilateral trade with India has reached USD 109 billion and it will get a further boost from new reforms including GST. US Commerce Secretary Ms. Penny Pritzker, who will be on a 3-day In CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Bilateral-trade-with-India-reaches-USD-109-billion-it-would-get-further-boost-from-GST-US/8201.html

for detail visit www.casansaar.com

TEST YOUR KNOWLEDGE AND ANSWER THE QUERY? Posted: 29 Aug 2016 04:03 AM PDT How a partnership firm (4 yrs old) can get stock audit assignment from PSU and Co-operative bank? CLICK ON THE LINK,,, http://www.casansaar.com/queries-Banking/Stock-Audit-of-PSU-Bank-and-Co-operative-bank/5415.html

for detail visit www.casansaar.com

Manoj Shah tweeted: Just the one unfollower today found tracked by Posted: 29 Aug 2016 01:56 AM PDT @gaurumodi, @IndiaCorpLaw, @ArvindKejriwal, @ca_passion, @yogibababanaras also Tweeted. Popular in your network Manoj Shah @manojshaah Just the one unfollower today found tracked by unfollowspy.com gaurav modi @gaurumodi one person followed me // automatically checked by fllwrs - keep track of who follows and unfollows you on twitter fllwrs is the easiest way to keep track of your twitter followers fllwrs.com  1 Indian Corporate Law @IndiaCorpLaw V S Krishnan: Improving the GST model law V S Krishnan: Improving the GST model law A shift in concept of value from 'transaction value' to 'self-declared invoice value' would h... more business-standard.com  1 Arvind Kejriwal @ArvindKejriwal Women had greater freedom to wear clothes of their choice in Vedic times than they have in Modi times 'No Skirts': Advice For Tourists Out of Concern, Says Minister Mahesh Sharma After controversially suggesting that foreigners visiting India should avoid wearing skirts o... more m.ndtv.com  480  400 CA Passion @ca_passion I posted a new photo to Facebook fb.me/2tpOqjHMf Yogendra Rao @yogibababanaras Score please any kne  1 Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 ------------------------------------------------

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• SBT-SBI merger: Kerala HC issues notice to finance ministry, RBI
• Income Tax Assessing Officers Asked To Share Email ID, Phone Number
• Goods and services tax-18 per cent or above: States, Centre wrangle over potential losses
• CBDT signs 20 Unilateral Advance Pricing Agreements with Indian taxpayers
• Sikkim Assembly ratifies GST Bill
• Telangana ratifies GST Bill
• Nagaland Assembly Passes GST Bill
• No. Of Eligible Article Assistants Under Practicing C.A.
• Sovereign Gold Bonds 2016-17 Series II – Operational Guidelines
• Sovereign Gold Bonds 2016-17 – Series II
• Income Tax

SBT-SBI merger: Kerala HC issues notice to finance ministry, RBI Posted: 30 Aug 2016 07:07 PM PDT The Kerala high court on Tuesday issued notice to the Union finance ministry, the Reserve Bank of India (RBI), State Bank of India (SBI), State Bank of Travancore (SBT) and the state governme CLICK ON THE LINK,,, http://www.casansaar.com/news-Banking/SBT-SBI-merger-Kerala-HC-issues-notice-to-finance-ministry-RBI/8212.html

for detail visit www.casansaar.com

Income Tax Assessing Officers Asked To Share Email ID, Phone Number Posted: 30 Aug 2016 07:01 PM PDT The Central Board of Direct Taxes (CBDT) has directed the income tax assessing officers (AO) to mention their email IDs and telephone numbers in all the notices issued by them to the taxpayers, after  CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Income-Tax-Assessing-Officers-Asked-To-Share-Email-ID-Phone-Number/8211.html

for detail visit www.casansaar.com

Goods and services tax-18 per cent or above: States, Centre wrangle over potential losses Posted: 30 Aug 2016 06:56 PM PDT If the current VAT rates across states is anything to go by, a possible move by the GST Council to peg the standard GST rate at around 18% could translate into at least nine states potentially losing  CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Goods-and-services-tax-18-per-cent-or-above-States-Centre-wrangle-over-%E2%80%98potential-losses%E2%80%99/8206.html

for detail visit www.casansaar.com

CBDT signs 20 Unilateral Advance Pricing Agreements with Indian taxpayers Posted: 30 Aug 2016 06:55 PM PDT The Central Board of Direct Taxes (CBDT) entered into twenty (20) Unilateral Advance Pricing Agreements (APAs) yesterday and today, i.e., 29th August, 2016 and 30th August, 2016, with Indian taxpayers CLICK ON THE LINK,,, http://www.casansaar.com/news-CBDT/CBDT-signs-20-Unilateral-Advance-Pricing-Agreements-with-Indian-taxpayers/8209.html

for detail visit www.casansaar.com

Sikkim Assembly ratifies GST Bill Posted: 30 Aug 2016 06:54 PM PDT Sikkim today ratified the Constitution Amendment Bill on Goods and Services Tax (GST), becoming the 12th state to have passed the landmark tax reform. Eleven states -- Assam, Bihar, Chhattisgarh, D CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Sikkim-Assembly-ratifies-GST-Bill/8210.html

for detail visit www.casansaar.com

Telangana ratifies GST Bill Posted: 30 Aug 2016 06:53 PM PDT The Telangana Legislative Assembly and Legislative Council have unanimously passed a resolution giving their nod to the proposed Amendment to the Constitution to pass the GST (Goods and Service Tax) b CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Telangana-ratifies-GST-Bill/8208.html

for detail visit www.casansaar.com

Nagaland Assembly Passes GST Bill Posted: 30 Aug 2016 06:53 PM PDT The Nagaland Legislative Assembly today ratified the Goods and Service Tax (GST) Constitution Amendment Bill. The bill was endorsed by the House by a voice vote following a brief discussion. Int CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Nagaland-Assembly-Passes-GST-Bill/8207.html

for detail visit www.casansaar.com

No. Of Eligible Article Assistants Under Practicing C.A. Posted: 30 Aug 2016 06:50 PM PDT An associate or a fellow member, who has been in practice continuously, whether in India, or  elsewhere or an associate or a fellow who is employed as a paid assistant with a chartered&n CLICK ON THE LINK,,, http://www.casansaar.com/articles-Students-Zone/No.-Of-Eligible-Article-Assistants-Under-Practicing-C.A./2501.html

for detail visit www.casansaar.com

Sovereign Gold Bonds 2016-17 Series II – Operational Guidelines Posted: 30 Aug 2016 06:48 PM PDT RBI/2016-17/54 IDMD.CDD.No.463/14.04.050/2016-17 August 29, 2016 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding  CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Sovereign-Gold-Bonds-2016-17-Series-II-%E2%80%93-Operational-Guidelines/3256.html

for detail visit www.casansaar.com

Sovereign Gold Bonds 2016-17 – Series II Posted: 30 Aug 2016 06:46 PM PDT RBI/2016-17/53 IDMD.CDD.No.462/14.04.050/2016-17 August 29, 2016 The Chairman & Managing Director All Scheduled Commercial Banks, (Excluding RRBs) Designated Post Offices Stock Holding CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Sovereign-Gold-Bonds-2016-17-%E2%80%93-Series-II/3255.html

for detail visit www.casansaar.com

Income Tax Posted: 30 Aug 2016 06:42 PM PDT In the case of Tax Audit Financial Statements are required to attach in pdf format.are these statements are required to sign physically by both assessee as well as auditor, when it is digitally singe CLICK ON THE LINK,.,, http://www.casansaar.com/queries-Income-Tax/Income-Tax/5416.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• Chartered accountants drag Cost accountants to Court
• CBDT issues circular endorsing validity of e-declarations
• SEBI suspects money laundering by brokers in NSEL scam
• Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules 1962
• Cabinet approves grant of Permanent Residency Status for Foreign Investors
• Goa Assembly ratifies GST Bill
• Supply- Taxable Event under Model GST Law-Inclusive and Subjective
• Rebate of State Levies on Export of Garments – Implementation by CBEC
• CBDT Extends due date for quarterly furnishing of form 15G/155H
• CBDT Extends due date for quarterly furnishing of form 15G/155H

• Test your knowledge & answer the query?

Chartered accountants drag Cost accountants to Court Posted: 31 Aug 2016 08:00 PM PDT Chartered accountants have dragged charging the latter with trying to 'misrepresent' themselves as chartered accountants, and attempting to misappropriate the reputed acronym ICAI (Institute o CLICK ON THE LINK,,, http://www.casansaar.com/news-Chartered-Accountant/Chartered-accountants-drag-Cost-accountants-to-Court/8218.html

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CBDT issues circular endorsing validity of e-declarations Posted: 31 Aug 2016 07:37 PM PDT The CBDT has issued an order endorsing the legal validity of the e-declarations made under the ongoing domestic black money window, known as the Income Declaration Scheme (IDS). With only a month l CLICK ON THE LINK,,, http://www.casansaar.com/news-CBDT/CBDT-issues-circular-endorsing-validity-of-e-declarations/8217.html

for detail visit www.casansaar.com

SEBI suspects money laundering by brokers in NSEL scam Posted: 31 Aug 2016 07:30 PM PDT The Securities and Exchange Board of India (Sebi) has come across fresh evidence indicating that as many as five brokers might have used the 'exchange mechanism' to launder money in  CLICK ON THE LINK,,, http://www.casansaar.com/news-SEBI/SEBI-suspects-money-laundering-by-brokers-in-NSEL-scam/8216.html

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Closure of financial accounts under Rule 114H (8) of the Income-Tax Rules 1962 Posted: 31 Aug 2016 07:22 PM PDT The Inter-Governmental Agreement (IGA) with USA for implementation of FATCA entered into force on 31st August, 2015. Under the alternative procedure provided in Rule 114H(8) of the Income-tax Rules, 1 CLICK ON THE LINK,,,, http://www.casansaar.com/news-Income-Tax/Closure-of-financial-accounts-under-Rule-114H-8-of-the-Income-Tax-Rules-1962/8215.html

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Cabinet approves grant of Permanent Residency Status for Foreign Investors Posted: 31 Aug 2016 07:19 PM PDT The Union Cabinet has approved the scheme for grant of Permanent Residency Status (PRS) to foreign investors subject to the relevant conditions in the FDI Policy notified by the Government from time t CLICK ON THE LINK,,, http://www.casansaar.com/news-Corporate-Law/Cabinet-approves-grant-of-Permanent-Residency-Status-for-Foreign-Investors/8213.html

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Goa Assembly ratifies GST Bill Posted: 31 Aug 2016 07:18 PM PDT With this, 50 per cent of States have passed the Bill, paving way for the presidential assent, Chief Minister Laxmikant Parsekar said. The Goa Legislative Assembly on Wednesday unanimously passed a CLICK ON THE LINK.,,, http://www.casansaar.com/news-GST/Goa-Assembly-ratifies-GST-Bill/8214.html

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Supply- Taxable Event under Model GST Law-Inclusive and Subjective Posted: 31 Aug 2016 07:17 PM PDT Supply- Taxable Event under Model GST Law-Inclusive and Subjective  With step-by-step progress towards Goods and Services Tax (“GST”), the Country is all set to witness the biggest indirec CLICK ON THE LINK,,, http://www.casansaar.com/articles-GST/Supply--Taxable-Event-under-Model-GST-Law-Inclusive-and-Subjective/3185.html

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Rebate of State Levies on Export of Garments – Implementation by CBEC Posted: 31 Aug 2016 07:16 PM PDT The Government of India has decided to adopt a mechanism wherein the rebate of State levies on garment exports is provided based on a budgetary allocation of the Ministry of Textiles under a scheme in CLICK ON THE LINK,,, http://www.casansaar.com/notification-Custom/Rebate-of-State-Levies-on-Export-of-Garments-%E2%80%93-Implementation-by-CBEC/3258.html

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CBDT Extends due date for quarterly furnishing of form 15G/155H Posted: 31 Aug 2016 07:14 PM PDT F.No. DGIT(S)/CPC(TDS)/DCIT/15GH /2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 10/2016-Income Ta CLICK ON THE LINK,,, http://www.casansaar.com/notification-CBDT/CBDT-Extends-due-date-for-quarterly-furnishing-of-form-15G155H/3257.html

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CBDT Extends due date for quarterly furnishing of form 15G/155H Posted: 31 Aug 2016 07:14 PM PDT F.No. DGIT(S)/CPC(TDS)/DCIT/15GH /2016-17 Government of India Ministry of Finance Central Board of Direct Taxes Directorate of Income-tax(Systems) New Delhi. Notification No. 10/2016-Income Ta CLICK ON THE LINK,,, http://www.casansaar.com/notification-CBDT/CBDT-Extends-due-date-for-quarterly-furnishing-of-form-15G155H/3257.html

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Test your knowledge & answer the query? Posted: 31 Aug 2016 07:13 PM PDT Query 1- Q no 7.(a) Financial Details of Partners of the Firm Share in profit (in %) will be mentioned as per cut off date 01-01-2016 or Financial year 2014-15 because in our firm two partner have jo CLICK ON THE LINK,,, http://www.casansaar.com/queries-Audit/MFF-2016-17/5417.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Community Matrimony For Ca,CS,CMA|Ca Matrimonials Site
• Firms were made to deposit service tax under COERCION - HC
• RBI allows banks to sell stressed assets to NBFCs, other lenders
• Trade Union strike today likely to hit banking, transport
• GST bill can now go for Presidential assent - FM
• Master Circular on Branch Authorisation - Census data 2011
• Merchant Discount Rates (MDR) structure – unbundling of charges
• Free Annual Credit Report to Individuals
• Advances against Term Deposits of Non-members
• Guidelines on Sale of Stressed Assets by Banks
• Targets and Classification: Lending to non-corporate farmers
• Enquiry or investigation in respect of document/evidence relating to IDS 2016 found during the course of Search

• Test your knowledge & answer the query?

Community Matrimony For Ca,CS,CMA|Ca Matrimonials Site Posted: 01 Sep 2016 08:02 PM PDT Exclusive Matrimonials Site For CA,CS,CMA Brides Grooms In India.Finding CA/CS/CMA As Life Partner,Visit Casansaar.FREE Profile on Community Matrimony CLICK ON THE LINK,,, http://www.casansaar.com/matrimonial.html

for detail visit www.casansaar.com

Firms were made to deposit service tax under COERCION - HC Posted: 01 Sep 2016 07:51 PM PDT In a strong order against central excise authority, Delhi High Court today asked it to refund the service tax amount paid by three travel portals soon, observing that these firms were made to deposit CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/Firms-were-made-to-deposit-service-tax-under-COERCION---HC/8222.html

for detail visit www.casansaar.com

RBI allows banks to sell stressed assets to NBFCs, other lenders Posted: 01 Sep 2016 07:43 PM PDT Banks can now sell their stressed assets to other lenders, non-banking financial companies and financial institutions in addition to distressed-asset buyers, a move the banking regulator said will spe CLICK ON THE LINK,,, http://www.casansaar.com/news-RBI/RBI-allows-banks-to-sell-stressed-assets-to-NBFCs-other-lenders/8221.html

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Trade Union strike today likely to hit banking, transport Posted: 01 Sep 2016 07:41 PM PDT Essential services such as banking and public transport are likely to be hit on Friday as trade unions go on a nationwide strike to protest the government's alleged 'indifference' to the CLICK ON  THE LINK,,, http://www.casansaar.com/news-General/Trade-Union-strike-today-likely-to-hit-banking-transport/8220.html

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GST bill can now go for Presidential assent - FM Posted: 01 Sep 2016 07:36 PM PDT Government will seek Presidential assent for the landmark Constitution amendment bill for GST as 16 states have ratified the legislation, Finance Minister Arun Jaitley said. With Odisha approving t CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/GST-bill-can-now-go-for-Presidential-assent---FM/8219.html

for detail visit www.casansaar.com

Master Circular on Branch Authorisation - Census data 2011 Posted: 01 Sep 2016 07:33 PM PDT RBI/2016-17/60 DBR.No.BAPD.BC.12/22.01.001/2016-17 September 1, 2016 All Commercial Banks (excluding RRBs)/ (Including Small Finance Banks and Payments Banks) CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Master-Circular-on-Branch-Authorisation---Census-data-2011/3265.html

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Merchant Discount Rates (MDR) structure – unbundling of charges Posted: 01 Sep 2016 07:32 PM PDT RBI/2016-17/59 DPSS.CO.PD No.639/02.14.003/2016-17 September 1, 2016 All Scheduled Commercial Banks including RRBs/ Co-operative Banks/ State Co-operative Banks/ Central Co-operative Banks/ Au CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Merchant-Discount-Rates-MDR-structure-%E2%80%93-unbundling-of-charges/3264.html

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Free Annual Credit Report to Individuals Posted: 01 Sep 2016 07:31 PM PDT RBI/2016-17/58 DBR.CID.BC.No.11/20.16.042/2016-17 September 1, 2016 All Credit Information Companies Dear Sir/Madam Free Annual Credit Report to Individuals As you are aware, the Commi CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Free-Annual-Credit-Report-to-Individuals/3263.html

for detail visit www.casansaar.com

Advances against Term Deposits of Non-members Posted: 01 Sep 2016 07:31 PM PDT RBI/2016-17/57 DCBR.BPD (PCB).BC.No.3/12.05.001/2016-17 September 1, 2016 The Chief Executive Officers  Salary Earners Primary (Urban) Co-operative Banks Dear Sir/Madam, Advances ag CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Advances-against-Term-Deposits-of-Non-members/3262.html

for detail visit www.casansaar.com

Guidelines on Sale of Stressed Assets by Banks Posted: 01 Sep 2016 07:30 PM PDT RBI/2016-17/56 DBR.No.BP.BC.9/21.04.048/2016-17 September 1, 2016 All Scheduled Commercial Banks (Excluding Regional Rural Banks) Dear Sir, Guidelines CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Guidelines-on-Sale-of-Stressed-Assets-by-Banks/3261.html

for detail visit www.casansaar.com

Targets and Classification: Lending to non-corporate farmers Posted: 01 Sep 2016 07:29 PM PDT RBI/2016-17/55 FIDD.CO.Plan.BC.14/ 04.09.01/2016-17 September 1, 2016 The Chairman/ Managing Director Chief Executive Officer [All Domestic Scheduled Commercial CLICK ON THE LINK,,, http://www.casansaar.com/notification-RBI/Targets-and-Classification-Lending-to-non-corporate-farmers/3260.html

for detail visit www.casansaar.com

Enquiry or investigation in respect of document/evidence relating to IDS 2016 found during the course of Search Posted: 01 Sep 2016 07:29 PM PDT The Income Declaration Scheme, 2016 (hereinafter referred to as ‘the Scheme’) came into effect on 1st June, 2016. To address doubts and concerns raised by the stakeholders, the Board has i CLICK ON  THE LINK,,, http://www.casansaar.com/notification-Income-Tax/Enquiry-or-investigation-in-respect-of-documentevidence-relating-to-IDS-2016-found-during-the-course-of-Search/3259.html

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Test your knowledge & answer the query?

Posted: 01 Sep 2016 07:24 PM PDT can trustee of one trust be appointed as an auditor if trust is holding 13% share of that company(pvt). CLICK ON THE LINK,,, http://www.casansaar.com/queries-Audit/companies-act-2013/5419.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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Small traders to be exempted from GST Posted: 02 Sep 2016 02:30 AM PDT Small trading having an annual turnover up to Rs 25 lakh will be exempted from goods and services tax and the Centre and states are likely to agree to this limit, Revenue Secretary Hasmukh Adhia& CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Small-traders-to-be-exempted-from-GST/8223.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Chartered Accountant
• Accountant
• CA fresher or semi qualified
• Chartered Accountant
• Accounts Assitant
• Accountant
• ACCOUNTANT
• CHARTERED ACCOUNTANT
• Manager (Company Secretariat)
• CHARTERED ACCOUNTANT
• Junior Accountant
• Dy. General Manager (Finance)
• Chartered Accountants
• Fresher CA for Audit & Tax
• Accountant
• CA Fresher Required
• Company Secretary
• Company Secretary
• Assistant General Manager
• Administrative Officer
• Urgently required Fresher CA's
• CS
• CA
• CA
• Chartered Accountants

Chartered Accountant Posted: 03 Sep 2016 03:53 AM PDT SNR & Company-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SNR-Company/Chartered-Accountant/16750.html

for detail visit www.casansaar.com

Accountant Posted: 03 Sep 2016 03:49 AM PDT Felix Advisory Pvt. Ltd.-India-Haryana-Bahadurgarh CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/Felix-Advisory-Pvt.-Ltd./Accountant/16748.html

for detail visit www.casansaar.com

CA fresher or semi qualified Posted: 03 Sep 2016 03:48 AM PDT Subhash C. Gupta & Co.-India-Delhi-West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Subhash-C.-Gupta-Co./CA-fresher-or-semi-qualified/16744.html

for detail visit www.casansaar.com

Chartered Accountant Posted: 03 Sep 2016 03:47 AM PDT Hingorani & Co.-India-Delhi-Central Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Hingorani-Co./Chartered-Accountant/16741.html

for detail visit www.casansaar.com

Accounts Assitant Posted: 03 Sep 2016 03:46 AM PDT Simply Numbers Pvt Ltd-India-Delhi-West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/Simply-Numbers-Pvt-Ltd/Accounts-Assitant/16736.html

for detail visit www.casansaar.com

Accountant Posted: 03 Sep 2016 03:45 AM PDT Optima Insurance Brokers Pvt Ltd-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/Optima-Insurance-Brokers-Pvt-Ltd/Accountant/16734.html

for detail visit www.casansaar.com

ACCOUNTANT Posted: 03 Sep 2016 03:44 AM PDT PRICE AND PEERS CONSULTANCY SERVICES PVT LTD-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/PRICE-AND-PEERS-CONSULTANCY-SERVICES-PVT-LTD/ACCOUNTANT/16732.html

for detail visit www.casansaar.com

CHARTERED ACCOUNTANT Posted: 03 Sep 2016 03:43 AM PDT SANJAY RAWAL & CO-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/SANJAY-RAWAL-CO/CHARTERED-ACCOUNTANT/16724.html

for detail visit www.casansaar.com

Manager (Company Secretariat) Posted: 03 Sep 2016 03:42 AM PDT Engineers India Limited (EIL)-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CS/Engineers-India-Limited-EIL/Manager-Company-Secretariat/16722.html

for detail visit www.casansaar.com

CHARTERED ACCOUNTANT Posted: 03 Sep 2016 03:41 AM PDT B.K. SOOD & CO-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/B.K.-SOOD-CO/CHARTERED-ACCOUNTANT/16720.html

for detail visit www.casansaar.com

Junior Accountant Posted: 03 Sep 2016 03:39 AM PDT Mirrari International Private Limited-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/Mirrari-International-Private-Limited/Junior-Accountant/16714.html

for detail visit www.casansaar.com

Dy. General Manager (Finance) Posted: 03 Sep 2016 03:38 AM PDT CHENNAI METRO RAIL LIMITED-India-Tamil Nadu-Chennai CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/CHENNAI-METRO-RAIL-LIMITED/Dy.-General-Manager-Finance/16710.html

for detail visit www.casansaar.com

Chartered Accountants Posted: 03 Sep 2016 03:37 AM PDT P. R. Kumar & Co.-India-Delhi-South Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/P.-R.-Kumar-Co./Chartered-Accountants/16705.html

for detail visit www.casansaar.com

Fresher CA for Audit & Tax Posted: 03 Sep 2016 03:36 AM PDT S Goyal & Associates-India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/S-Goyal-Associates/Fresher-CA-for-Audit-Tax/16704.html

for detail visit www.casansaar.com

Accountant Posted: 03 Sep 2016 03:35 AM PDT Homenearth Overseas Pvt. Ltd.-India-- CLICK ON THE LINK,,, http://www.casansaar.com/jobs-Others/Homenearth-Overseas-Pvt.-Ltd./Accountant/16696.html

for detail visit www.casansaar.com

CA Fresher Required Posted: 03 Sep 2016 03:33 AM PDT srivatsa cs& co.-India-Delhi-Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/srivatsa-cs-co./CA-Fresher-Required/16690.html

for detail visit www.casansaar.com

Company Secretary Posted: 03 Sep 2016 03:32 AM PDT Punjab National Bank -India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CS/Punjab-National-Bank/Company-Secretary/16676.html

for detail visit www.casansaar.com

Company Secretary Posted: 03 Sep 2016 03:32 AM PDT Punjab National Bank -India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CS/Punjab-National-Bank/Company-Secretary/16676.html

for detail visit www.casansaar.com

Assistant General Manager Posted: 03 Sep 2016 03:31 AM PDT Tourism Finance Corporation of India Ltd. -India-Delhi-New Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Tourism-Finance-Corporation-of-India-Ltd./Assistant-General-Manager/16675.html

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Administrative Officer Posted: 03 Sep 2016 03:30 AM PDT National Centre for Biological Sciences (NCBS)-India-Karnataka-Bangalore CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/National-Centre-for-Biological-Sciences-NCBS/Administrative-Officer/16674.html

for detail visit www.casansaar.com

Urgently required Fresher CA's Posted: 03 Sep 2016 03:29 AM PDT A.N.Garg & Co -India-Delhi-North West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/A.N.Garg-Co/Urgently-required-Fresher-CAs/16672.html

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CS Posted: 03 Sep 2016 03:28 AM PDT AKAG AND ASSOCIATES-India-Uttar Pradesh-Noida CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CS/AKAG-AND-ASSOCIATES/CS/16664.html

for detail visit www.casansaar.com

CA Posted: 03 Sep 2016 03:27 AM PDT AKAG AND ASSOCIATES-India-Uttar Pradesh-Noida CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/AKAG-AND-ASSOCIATES/CA/16663.html

for detail visit www.casansaar.com

CA Posted: 03 Sep 2016 03:26 AM PDT Gopal nathani & Associates-India-Haryana-Gurgaon CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/Gopal-nathani-Associates/CA/16658.html

for detail visit www.casansaar.com

Chartered Accountants Posted: 03 Sep 2016 03:24 AM PDT J N Mital and Co.-India-Delhi-West Delhi CLICK ON THE LINK,,, http://www.casansaar.com/jobs-CA/J-N-Mital-and-Co./Chartered-Accountants/16654.html

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• IDS 2016 – Government issues Clarifications in the form of Sixth Set of FAQs
• SIT asks RBI to share black money data with government agencies
• Study Group for Examining the Desirability and Feasibility of having a new financial year
• Urjit Patel assumes charge as new RBI Governor
• Services growth hits three-and-a-half years high
• Goods Vs. Services in GST: Concept and Open Issues

• Test your knowledge & answer the query?

• Services growth hits three-and-a-half years high
• Manoj Shah tweeted: 2 people unfollowed me today tracked by

IDS 2016 – Government issues Clarifications in the form of Sixth Set of FAQs Posted: 05 Sep 2016 07:36 PM PDT The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to persons who have not paid full taxes in the past to come forward and declare their undisclosed income and assets. The Scheme CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/IDS-2016-%E2%80%93-Government-issues-Clarifications-in-the-form-of-Sixth-Set-of-FAQs/8228.html

for detail visit www.casansaar.com

SIT asks RBI to share black money data with government agencies Posted: 05 Sep 2016 07:35 PM PDT The special investigation team (SIT) on black money has asked the Reserve Bank of India (RBI) to develop an institutional mechanism, in consultation with the revenue department, to share export-import CLICK ON THE LINK,,, http://www.casansaar.com/news-Black-Money/SIT-asks-RBI-to-share-black-money-data-with-government-agencies/8229.html

for detail visit www.casansaar.com

Study Group for Examining the Desirability and Feasibility of having a new financial year Posted: 05 Sep 2016 07:34 PM PDT Study Group for Examining the Desirability and Feasibility of having a CLICK ON THE LINK,,, http://www.casansaar.com/news-ICAI/Study-Group-for-Examining-the-Desirability-and-Feasibility-of-having-a-New-Financial-Year---ICAI/8230.html

for detail visit www.casansaar.com

Urjit Patel assumes charge as new RBI Governor Posted: 05 Sep 2016 07:33 PM PDT Urjit Patel who took over as the 24th Governor of Reserve Bank will have a tough task in maintaining the legacy of his predecessor, Raghuram Rajan, and balance the need to contain inflation without hu CLICK ON THE LINK,,, http://www.casansaar.com/news-RBI/Urjit-Patel-assumes-charge-as-new-RBI-Governor/8227.html

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Services growth hits three-and-a-half years high Posted: 05 Sep 2016 07:32 PM PDT Services sector growth touched the highest level in over three-and-a-half years, driven by new business orders amid improved market conditions. Nikkei India Services Purchasing Managers' Index (PM CLICK ON THE LINK,,, http://www.casansaar.com/news-Service-Tax/Services-growth-hits-three-and-a-half-years-high/8226.html

for detail visit www.casansaar.com

Goods Vs. Services in GST: Concept and Open Issues Posted: 05 Sep 2016 07:31 PM PDT  Dear Professional Colleague,   Goods Vs. Services in GST: Concept and Open Issues  As Goods and Services Tax (“GST”) is going to be levied on supply of goods and/or services, m CLICK ON THE LINK,,, http://www.casansaar.com/articles-GST/Goods-Vs.-Services-in-GST-Concept-and-Open-Issues/3186.html

for detail visit www.casansaar.com

Test your knowledge & answer the query? Posted: 05 Sep 2016 07:27 PM PDT whether DS-2 is required at entry point for importing goods into delhi   CLICK ON THE LINK,,, http://www.casansaar.com/queries-VAT/indirect-tax/5420.html

for detail visit www.casansaar.com

Services growth hits three-and-a-half years high Posted: 05 Sep 2016 04:33 AM PDT Services sector growth touched the highest level in over three-and-a-half years, driven by new business orders amid improved market conditions. Nikkei India Services Purchasing Managers' Index (PM CLICK ON THE LINK,,, http://www.casansaar.com/news-Service-Tax/Services-growth-hits-three-and-a-half-years-high/8226.html

for detail visit www.casansaar.com

Manoj Shah tweeted: 2 people unfollowed me today tracked by Posted: 05 Sep 2016 02:44 AM PDT @DheerajGbc, @ca_passion, @IMeerage, @IndiaCorpLaw, @SushmaSwaraj also Tweeted. Popular in your network Manoj Shah @manojshaah 2 people unfollowed me today tracked by unfollowspy.com  1 Dheeraj Jaiswal @DheerajGbc RT @sadert: AAPtard @aartic02 Cc to u. Enjoy. 😂😂😜 twitter.com/DheerajGbc/sta… CA Passion @ca_passion Good morning fb.me/3XYCnZl1R Mëëřå @IMeerage Though I hate you 😏😏 thanks for ths gesture 😆😆👇 twitter.com/Raheelk/status…  3  7 Indian Corporate Law @IndiaCorpLaw Guest Post: To be or not to be... Two Indian Parties having a Foreign Seat of Arbitration: Supreme Court's Ve... bit.ly/2bNM8c0  2 Sushma Swaraj @SushmaSwaraj With Sister Sally - Fr Tom was abducted by terrorists. Sister Sally was rescued from Yemen. twitter.com/SushmaSwaraj/s…  380  1.8K Settings  |  Help  |  Opt-out This email was generated for @sidhu1982in. Twitter, Inc. 1355 Market Street, Suite 900 San Francisco, CA 94103 ------------------------------------------------

for detail visit www.casansaar.com

[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

---

• RBI asks IT assesses in national capital to pay advance dues
• States to bear cost of filing tax returns, payments under GST
• All about ST Exemption on renting of precincts of a religious place
• Service Tax Notification No. 40/2016

• Test your knowledge & answer the query?

RBI asks IT assesses in national capital to pay advance dues Posted: 06 Sep 2016 10:29 PM PDT The Reserve Bank of India said there is a rush for remitting income tax dues at the Reserve Bank and other bank authorised to collect income tax towards the end of March/June/September/December is hea CLICK ON THE LINK,,, http://www.casansaar.com/news-Income-Tax/RBI-asks-IT-assesses-in-national-capital-to-pay-advance-dues/8232.html

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States to bear cost of filing tax returns, payments under GST Posted: 06 Sep 2016 10:18 PM PDT Every tax payment and return filing under the goods and services tax (GST) regime will cost around Rs.50-60, but traders will not have to bear this cost. Instead, the states will bear this c CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/States-to-bear-cost-of-filing-tax-returns-payments-under-GST/8231.html

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All about ST Exemption on renting of precincts of a religious place Posted: 06 Sep 2016 10:10 PM PDT F.No. 354/45/2016-TRU Government of India Ministry of Finance Department of Revenue (Tax Research Unit) Circular No. 200/10/2016-Service Tax Dated: 6th September, 2016 To CLICK ON THE LINK,,, http://www.casansaar.com/notification-Service-Tax/All-about-ST-Exemption-on-renting-of-precincts-of-a-religious-place/3267.html

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Service Tax Notification No. 40/2016 Posted: 06 Sep 2016 10:10 PM PDT GSR_______(E).- In exercise of the powers conferred by sub-section (1) of section 93 of the Finance Act, 1994 (32 of 1994), the Central Government, being satisfied that it is necessary in the public i CLICK ON THE LINK,,, http://www.casansaar.com/notification-Service-Tax/Service-Tax-Notification-No.-402016/3266.html

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Test your knowledge & answer the query?

Posted: 06 Sep 2016 10:08 PM PDT A person give a reply under compliance menu in income tax website that return will be filed shortly however return is related to A.Y 2011-12 and 2012 -13 then I want to know under which section he can CLICK ON THE LINK,,, http://www.casansaar.com/queries-Income-Tax/Income-tax-return/5423.html

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[CASANSAAR - An Initiative of KHURANA VIVEK]

Professional Updates by CA.Vivek Khurana & Team CASANSAAR

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• Appointment Proposal for Selection of Chartered Accountant Firm as Financial Management & Accounting Support Consultant of BBOCWWB.
• SEBI tightens norms for Promoters & Directors of delisting firms
• No need to carry physical copy of DL / RC, Install DigiLocker app
• Have a stiff target for implementation of GST on April 1, 2017 - FM
• SC asks states, UTs to upload FIRs on websites within 24 hours
• Supply of Goods Vs. Supply of Services in GST: Test of Constitutional
• FCA PARTNERS REQUIRED

• Test your knowledge & answer the query?

• Appointment Proposal for Selection of Chartered Accountant Firm as Fin
• Supply of Goods Vs. Supply of Services in GST: Test of Constitutional
• SC asks states, UTs to upload FIRs on websites within 24 hours

Appointment Proposal for Selection of Chartered Accountant Firm as Financial Management & Accounting Support Consultant of BBOCWWB. Posted: 07 Sep 2016 07:46 PM PDT Labour Department Bihar invites tender from CA Firm to work as as Financial Management & Accounting Support Consultant of BBOCWWB. Closing Date 14.09.2016 CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Appointment-Proposal-for-Selection-of-Chartered-Accountant-Firm-as-Financial-Management-Accounting-Support-Consultant-of-BBOCWWB./1685.html

for detail visit www.casansaar.com

SEBI tightens norms for Promoters & Directors of delisting firms Posted: 07 Sep 2016 07:40 PM PDT Restrictions on Promoters and Whole-Time Directors of Compulsorily Delisted Companies Pending Fulfillment of Exit Offers to the Shareholders 1. In terms of section 21A of the Securities Contracts ( CLICK ON THE LINK,,, http://www.casansaar.com/news-SEBI/SEBI-tightens-norms-for-Promoters-Directors-of-delisting-firms/8236.html

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No need to carry physical copy of DL / RC, Install DigiLocker app Posted: 07 Sep 2016 07:32 PM PDT The government on Wednesday launched a new service through which a user can access their driving licence and registration certificate digitally and need not carry a physical copy all the time. The  CLICK ON THE LINK,,, http://www.casansaar.com/news-General/No-need-to-carry-physical-copy-of-DL-RC-Install-DigiLocker-app/8235.html

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Have a stiff target for implementation of GST on April 1, 2017 - FM Posted: 07 Sep 2016 07:31 PM PDT Finance minister Arun Jaitley said the implementation target of April 1, 2017 is stiff but the government would try to keep it.  "It a stiff target. We are running against time. We would  CLICK ON THE LINK,,, http://www.casansaar.com/news-GST/Have-a-stiff-target-for-implementation-of-GST-on-April-1-2017---FM/8234.html

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SC asks states, UTs to upload FIRs on websites within 24 hours Posted: 07 Sep 2016 07:30 PM PDT The Supreme Court on Wednesday directed all states and Union Territories to upload first information reports (FIRs) on their websites within 24 hours of registration at police stations. A bench com CLICK ON THE LINK,,, http://www.casansaar.com/news-General/SC-asks-states-UTs-to-upload-FIRs-on-websites-within-24-hours/8233.html

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Supply of Goods Vs. Supply of Services in GST: Test of Constitutional Posted: 07 Sep 2016 07:29 PM PDT Dear Professional Colleague,   Supply of Goods Vs. Supply of Services in GST: Test of Constitutional Validity  Owing to the federal structure of India, where there are two taxing authorities &nda CLICK ON THE LINK,,, http://www.casansaar.com/articles-GST/Supply-of-Goods-Vs.-Supply-of-Services-in-GST-Test-of-Constitutional-Validity/3188.html

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FCA PARTNERS REQUIRED Posted: 07 Sep 2016 07:28 PM PDT Hello, FCA partner required on profit sharing basis/fix remuneration basis.. If any member interested then please  send details at rkgupta CLICK ON THE LINK,,, http://www.casansaar.com/classified-ads-Partners-Required/FCA-PARTNERS-REQUIRED/5156.html

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Test your knowledge & answer the query?

Posted: 07 Sep 2016 07:26 PM PDT I want to ask that if an assessee has made common expense for household & business & he allowed total from business income but the AO disallow the 20% expenditure on adhoc-basis. So what should we do  CLICK ON THE LINK,,, http://www.casansaar.com/queries-Income-Tax/allowability-of-expenses-umder-income-tax-act/5424.html

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Appointment Proposal for Selection of Chartered Accountant Firm as Fin Posted: 07 Sep 2016 03:39 AM PDT Labour Department Bihar invites tender from CA Firm to work as as Financial Management & Accounting Support Consultant of BBOCWWB. Closing Date 14.09.2016 CLICK ON THE LINK,,, http://www.casansaar.com/empanelment-Appointment-Proposal-for-Selection-of-Chartered-Accountant-Firm-as-Financial-Management-Accounting-Support-Consultant-of-BBOCWWB./1685.html

for detail visit www.casansaar.com

Supply of Goods Vs. Supply of Services in GST: Test of Constitutional Posted: 07 Sep 2016 03:36 AM PDT Dear Professional Colleague,   Supply of Goods Vs. Supply of Services in GST: Test of Constitutional Validity  Owing to the federal structure of India, where there are two taxing authorities &nda CLICK ON THE LINK,,, http://www.casansaar.com/articles-GST/Supply-of-Goods-Vs.-Supply-of-Services-in-GST-Test-of-Constitutional-Validity/3188.html

for detail visit www.casansaar.com

SC asks states, UTs to upload FIRs on websites within 24 hours Posted: 07 Sep 2016 03:32 AM PDT The Supreme Court on Wednesday directed all states and Union Territories to upload first information reports (FIRs) on their websites within 24 hours of registration at police stations. A bench com CLICK ON THE LINK,,, http://www.casansaar.com/news-General/SC-asks-states-UTs-to-upload-FIRs-on-websites-within-24-hours/8233.html

for detail visit www.casansaar.com