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Archive for January, 2013

Highlights of Companies Bill, 2012

[By Anish Shah (CS), A. Shah & Associates] On 18th December, 2012 the Companies Bill, 2011 had been passed by the Lok Sabha. However, it was passed with certain modifications as recommended by the Parliamentary Standing Committee on Finance. The Bill seeks to consolidate and amend the law relating to the companies and intends to […]

Tax reforms: stage set for GST deal

Panel recommends states be allowed to time their entry; formula proposed for CST compensation The recommendation, largely in line with the demand from states, would be subject to a final nod from finance minister P. Chidambaram. Photo: AFP New Delhi: The centre and states are poised to strike a compromise that will pave the way […]

Extension of time limit for filing ITR-V forms for AY 2010-11, 2011-12 & 2012-13

Notification No. 1/2013 [F. No. DIT(S)-III/ITR-V Extension/ 2012-13] UNDER CPR SCHEME 2011, Dated 7-1-2013 In exercise of its powers under clause (ii) of Para 14 read with clause (7) of Para 4 of the ‘Centralized Processing of Returns Scheme, 2011’, issued vide CBDT Notification No. SO 16(E), dated 4-1-2012, the Director General of Income Tax […]

Govt may not be able to roll out GST before 2014 polls

Govt may not be able to roll out GST before 2014 polls. Print this page