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CBDT clarifies that if any asset acquired from undisclosed income is sold before 1.6.2016, it is the cash in hand which is to be declared as undisclosed asset under the IDS and not the cost of acquisition of asset as increased by capital gain after giving indexation benefit.
Morison KSi has been shortlisted for Association of the Year 2016 in the prestigious International Accounting Bulletin and The Accountant 2016 awards.
The Rajya Sabha passed the Goods and Services Tax (GST) Constitutional Amendment Bill
MCA vide its General Circular No. 08/2016 dated 29.07.2016, relaxes payment of additional fees on filing of eforms AOC-4, AOC-4 (XBRL), AOC-4 (CFS) and MGT-7
Ministry of Corporate Affairs (MCA) has notified National Company Law Tribunal Rules, 2016 (NCLT) and National Company Law Appellate Tribunal Rules, 2016 (NCLAT) vide its notification dated 21st day of July 2016, which shall came into force from the date of its publication in Official Gazette.
ICDS implementation deferred by one year-will now be effective from Assessment Year 2017-18
Our Firm's international reach expands significantly. Morison International (MI) and KS International (KSi) have merged to form a US$1 billion strong international association. The name of the new association will be Morison KSi.
Our senior partner, Mr. Sanjay Vasudeva has been elected to the Central Council of ICAI.
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