Central Board of Direct Taxes (CBDT) extended the due date for obtaining and furnishing of the report of audit under section 44AB of the Act for Assessment Year 2014-15 in case of assessees who are not required to furnish report under section 92E of the Act from 30th day of September, 2014 to 30th November, 2014 vide F.No.133/24/2014-TP dated 20/08/2014. (Order Under Section 119 of the Income-tax Act, 1961)
Ministry of Corporate Affairs on 12th of August has via its Circular Number 34/2014 has started the Company Law Settlement Scheme, 2014. The said scheme gives the chance to all the Stakeholders to file the Annual Documents which were pending before 30th June, 2014 without penalty and with only 25% of Actual Additional Fees.
tax 'N' accounts people
Tarun Kumar Gupta
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