CBDT
CBDT has again extended the last date for linking of Aadhaar with PAN. CBDT had earlier allowed time till 31st March, 2018 to
link PAN with Aadhaar while filing the Income Tax Returns. Upon consideration
of the matter, CBDT, further extends the time for linking PAN with Aadhaar till
30th June, 2018. Now all the belated returns which are required to be filed
upto 31-03-2018 can be filed without linking of Aadhaar.
MCA
MCA
has made the amendments to the principal rules and notified the
Companies (Indian Accounting Standards) Amendment Rules, 2018 which
shall come into force from the 1st day of April, 2018. The
amendment were carried out to provide more clarity to the provisions and to
remove the difficulties, wherever occurring while complying in the Companies
(Indian Accounting Standards) Rules, 2015. Every Company having net worth of
more than Rs. 500 Crores and their subsidiary, holding & associate
companies are required to prepare their financials on IndAS basis for the year
2016-2017 and going forward every listed Company and companies having net worth
of more than Rs. 250 crores along with their subsidiary, holding &
associate companies are required to prepare their financials on IndAS basis for
the financial year 2017-2018.
Comments
Post a Comment