Thursday, 26 April 2012

NEW VERSION OF RPU 2.8 for E TDS RETURN

Key features of NSDL Return Preparation Utility (RPU) version 2.8

·         Incorporated FVU: FVU version 3.4 and FVU version 2.132 are incorporated.
·         Relaxation in the validation for date of deduction, wherein the user can quote “Date of Deduction” beyond the quarter

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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 ...