DVAT
DVAT
has further extended the last date for submission of DVAT return in DVAT Form -16,
DVAT Form-17 and DVAT Form -48 for the quarter ended on 30.09.2016 from
14.11.16 to 21.11.16
MCA
– Submission of Financial Statements
MCA
has revised Form AOC-4, AOC -4 Addendum, AOC-4 CFS today on 16.11.16
Cash
Deposits with Banks and PAN of Account Holders
Ø
On Income Tax site one
more key is added to show cash deposits
in accounts of PAN holders.
Ø
Rule 114B of Income Tax
amended for compulsory quoting of PAN in case of Cash deposit exceeding
50,000/- in a single day and/or total more than Rs.2.5 lacs during the period
from 09.11.16 to 30.12.16
Ø
Rule 114E amended for
filing of AIR report by banking companies and
co-operative banks. The banks are required to inform Income Tax
Department for all cash deposits in one or more current accounts in excess of
Rs.12.5 lacs or in excess of Rs.2.5 lac in one or more accounts of a person
during 09.11.16 to 30.12.16
