Interest will be paid by WB VAT department for Delayed Refund
Existing provisions of section 36 has been renumbered as section 36(1), and a new sub-section (2) has been inserted w.e.f.
Read MoreAuthor: commerceclub
Rate of Interest payable on late payment of WB Vat has been changed
Rate of interest payable by a dealer has been graded- Under the existing provisions of law, the rate of interest,
Read MoreVAT Audit limit has been raised to Rs. 10 Crore & submission of Income Tax Audit report becomes mandatory in WBVAT
By amending sub-section (1A) of section 30E the monetary limit of filing audit report in Form 88 has been raised
Read MoreConditions for entitlement of Input Tax Credit modified in WB VAT
As per the new provision of sub-section (4A) of section 22, ITC or ITR shall be available to the purchasing
Read MoreInput Tax Credit on duty credit scrip for manufacturer-cum-importers introduced: WB VAT
Till 31.03.2015, a dealer was not entitled to avail ITC on duty credit scrip other than for the purpose of
Read MoreLImit of 20 Company Audit by a CA is not applicable for Private Limited Company
MCA Notification to exempt private companies u/s 462 of the Companies Act 2013. Notification issued by the Ministry of Corporate
Read MoreResponsibilities of the NBFCs accepting/holding public deposits with regard to submission of Returns and other information to RBI
The NBFCs accepting public deposits should furnish to RBI Annual return of critical parameters by a rejected company holding public deposits
Read MoreHow Company Law Board is protecting the interest of depositors
When an NBFC fails to repay any deposit or part thereof in accordance with the terms and conditions of such
Read MoreRating of NBFCs is necessary before it accepts deposit
An unrated NBFC, except certain Asset Finance companies (AFC), cannot accept public deposits. An exception is made in case of
Read MoreWhat a depositor should know before depositing money with NBFCs
While making deposits with an NBFC, the following aspects should be borne in mind: A proper deposit receipt is issued, giving
Read More