Thursday, 1 December 2011

Extension of Due date of XBLR Filing


The Last date for filing financial statements in XBRL mode(Form 23AC-XBRL and 23ACA-XBRL) without any additional fee has been extended from present date i.e 30th November, 2011 to 31st December 2011 or within 60 days of due date of filing, whichever is later, vide circular No. 69/2011 dated 30.11.2011.

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Bombay High Court Clarifies Tax Exemption Eligibility for Venture Capital Funds

  In a significant ruling, the Bombay High Court has reaffirmed that a Venture Capital Fund (VCF) registered with SEBI is entitled to claim ...