Thursday, 3 May 2012

Salary TDS Certificates in Form 16 for FY 2011-12

The Salary TDS Certificates in Form 16 for FY 2011-12 is now available in tin portal where we are currrently downloading the Form 16A required to be issued to mandatory from portal only.

The issuance of Form 16 only from portal is not mandatory as no specific notification had been issued in this regard.

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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 ...