fema compliance checklist


Fee for delayed filing of income tax return

In view of the non intrusive information driven approach for improving tax compliance and effective utilization of information in tax administration it is important that the returns are filed within the due dates specified in section 139 1 Further the reduced time limits proposed for making of asses

Penalty on CA and professionals for furnishing incorrect information in statutory report or certificate

The thrust of the Government in recent past is on voluntary compliance Certification of various reports and certificates by a qualified professional has been provided in the Act to ensure that the information furnished by an assessee under the provisions of the Act is correct Various provisions exis

The Constitutional Amendment on GST will create a common Indian market says economic survey

Economic Survey The Constitutional Amendment on GST will create a common Indian market improve tax compliance and governance and boost investment and growth The Economic Survey states that the world GDP is expected to grow because of a fiscal stimulus in the United States but points outthatthere are

Cabinet Decisions-Chronological since 27.05.2014

27 05 2014 1 Constitution of Special Investigation Team in compliance with the judgement of Hon ble Supreme Court The Union Cabinet today approved constitution of Special Investigating Team SIT to implement the decision of the Hon ble Supreme Court on large amounts of money stashed abroad by evading

Next Level of TDS Compliance in Year 2017

Dear Deductor Centralized Processing Cell TDS wishes you Seasons Greetings and a Very Happy New Year 2017 The past year witnessed a fantastic journey for CPC TDS in many ways with your valued partnership as our key stakeholders While we observed all round healthy improvement in TDS Compliance throug

More News

Experts Opinions

need checklist for statutory audit

Dear sir Madam I need statutory audit checklist because I have audit in April 1st week Also guide me what are all the major points I should be check Thanks Best regards Mani A kandan

Non filing of itr compliance

Sir I get a notice of non filing of ITR first time for ay 2015 16 and against this infilled the return for ay 2015 16 and 2016 17 but when I submit in compliance it also ask to give detail of aY 2014 15 but I get notice for ay 2015 16 only so it not submit for ay 2015 16 alone

cash compliance online editing option

dear experts I had mistakenly uploaded the cash compliance query on efilling but didn t submitted how can I edit it

Fema- recepit of foregin exchange more than 25% of invoice

My father has currently started export business last 2 years He has received the foreign exchange more than 40 of invoice which is submitted to custom dept The export of goods area perishable agriculture product on consignment sale in Japan Consignee sale the goods on auction basis We have given the

Fema,-loan by nri to resident individual

Can NRI give unsecured friendly loan to resident individual What documents are required to make transaction legally enforceable


Compliance for starting a music studio

Can somebody please help me out in legal requirement for registration of a music studio in Bangalore Show I need to register for service tax and shops and establishment act of karnataka Apart from this should there be any other registration which needs to be done Please help me out with your wisdom

Statutory compliances

There is a company that is incorporated in Bangalore Karnataka The company being a service oriented company has gone through all the various statutory compliances that need to be fulfilled by the compnay The company has its CIN PAN Service tax registration it is registered under the Shops and establ

Residential status under fema, 1999

Mr X resident outside India comes to india for the first time on 12 02 2016 for employment does he become resident under FEMA 1999 from 12 02 2016

Residential status under fema, 1999

What will be the residential status of a person coming for the first time in india for employment While answering to this kindly consider CAPITALIZED WORDS and elaborate using them if possible 1 As per sec 2 v i a person has to reside for over 182 days in preceding year BUT DOESNOT INCLUDEA person w

Regarding statutory compliance requirement.

Hi All Please let me know what should be done in the following circumstances XYZ P Ltd is going to come out with a new business plan like working as an agent for providing loan facility to the needy customers once the customer will approach XYZ P Ltd they will charge Lead fees to them which would be

More Messages

File Download

  • Bank Branch Audit

    Contains the informative notes Audit programme and checklist on Bank Branch Audit by Bombay Chartered Accountant s Society
  • Non Banking financial company (NBFC)

    Detailed note on Non Banking financial company NBFC and its compliances
  • GST Enrollment Check-List

    GST Migration have been started and this is the Check List to Complete the GST Enrollment
  • For CA/ CS/ CMA_DT Final_Series 2_FinanceBudget2017 Analysis

    The file contains Decoding of Finance Budget 2017 with Key Analysis and Practical Illustration Series 2 by Anuraag Singhaal CA 2005 CPA 2008 For any further clarification you can reach out at anuraagsinghaal outlook com India Finance Budget 2017 Analysis alongwith Examples In Series 2 following sections where amendments are proposed in India Finance Budget 2017 are analyzed The amendments are analyzed alongwith illustrations Capital Gains on sale of unlisted shares by non residents Section 112 Exemption of income of Chief Minister s Relief Fund or the Lieutenant Governor s Relief Fund Section 10 23C Correct reference to FEMA instead of FERA Section 10 4 Tax exemption to partial withdrawal from National Pension System NPS Section 10 12B Rationalisation of deduction for NPS for self employed individual Section 80CCD Restriction on set off of loss from House property Section 71 3A Reason to believe to conduct a search etc not to be disclosed Section 132 132A Power of provisional attachment and to make reference to Valuation Officer to authorised officer Section 132 Rationalisation of the provisions in respect of power to call for information Section 133 Extension of the powers to survey Section 133A
  • FEMA

    foreign Exchange management Act 1999

More Files


Checklist for Annual compliance calendar under Companies act, 2013

1 ANNUAL COMPLIANCES FOR ONE PERSON COMPANY S No Section Rules Particular of Compliance 1 Receipt of MBP 1 184 1 Form MBP 1 Every Director of the Company in First Meeting of the Board of Director in each Financial Year will disclose his interest in other entities Every Director is required to submit

Lovers of Money and tax noncompliance society

Arjuna Fictional Character Krishna Valentines Day 14th February is the perfect time to express your love in the most extraordinary way Love is the essence of life it holds great importance in the life of a human being Love can be made towards people things and money The love towards money can lead t

A Numeric View of MCA 21: Company Law Compliance in India

4R s form the basis for enforcement of any law Companies Act 2013 is no exception Registration the first R give the registrant a right which is denied to others Company law too requires registration for giving registrants the benefit of limited liability by giving them a certificate of incorporation

How to Promote Cashless Economy & Tax Compliance

Our government is taking various steps to move the society to cashless economy as well as compliance of tax laws by them Although it needs various reforms in various economic laws and the results cannot be achieved overnight yet some change in Income Tax law for individuals and HUFs can turn the sit

Checklist for annual filing


More Articles

Updated on : 3/23/2017 3:45:19 PM

CCI online Coaching



CCI Jobs

× Online Coaching My Enrolled Courses
Articles Forum News Experts Exams Share Files Income Tax Accounts Career Corporate Law Service Tax Video Judgements Rewards Top Members Events Albums Find Friends Featured Feed Scorecard Bookmarks Mock Test Poll Notification Knowledge Finder Coaching Institutes Trainee Corner Jobs
close x
Download GST App    |    x