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What's New

  • Employers needs to deposit statutory contribution of Provident Fund through internet banking compulsorily.

  • CBDT notifies nature of business relationship which CA can have with client to ensure his independence.


  • CBDT has notified simplified ITR forms ITR 1 (Sahaj), ITR 2, ITR 2A and ITR 4S (Sugam) to be filed for Assessment Year 2015-16

  • CBDT releases clarifications on rollback provisions of Advance Pricing Arrangement Scheme in Q&A Format

  • The MCA yesterday issued relevant notifications directing that certain provisions of Companies Act 2013 shall not apply/ shall apply with such exceptions, modifications and adaptations to the following specified class of companies:

    1. Private Limited Companies

    2. Government Companies

    3. Companies licensed to operate under Sec 8 of the Companies Act 2013

    4. Nidhis

    The relevant notifications for each of them may be downloaded from the Other Updates section of our website.

  • President gives assent to The Black Money (Undisclosed Foreign Income and Assets) Imposition of Tax Act, 2015

  • RBI has increased the limit of drawl for capital account transaction to USD 250,000

  •  RBI has increased the limit of Forex remittance for individual under Liberalised Remittance Scheme from USD 125,000  to USD 250,000

Expert Views

  • Government of India Ministry of Corporate Affairs Notification dated 19.03.2015 - E-VOTING
  • MCA has notified The Companies ( Auditorís Report ) Order 2015, (CARO 2015) recently on 10th April, 2015 .
  • Amendment to the conditions for determining residency status in respect of Companies
  • Section 184 of the Companies Act, 2013 (The Act) and Section 184(2) of the Act
  • Section 50 of the Income-tax Act, 1961 (the Act)
  • No disallowance under section 14A of the Act if there is no exempt income