Wednesday 8 June 2016

Daily Updates and News

MCA

The Ministry of Corporate Affairs has modified the e-Forms and new version of e-forms MR-1 (Return of appointment of MD/ WTD/ Manager), CHG-1 (Application for registration of creation, modification of charge (other than those related to debentures)), CHG-4 (Particulars for satisfaction of charge thereof) and MGT-14 (Filing of Resolutions and agreements to the Registrar) are available w.e.f. 7th June, 2016 and eForm 11 LLP (Annual Return of Limited Liability Partnership) is likely to be revised w.e.f 8th June 2016, on the portal of MCA. Stakeholders are advised to download the latest version before filing. Form- wise date of last version change is available at on the website of MCA.

CBEC

Ministry of Finance, has issued Indirect Tax Dispute Resolution Scheme Rules, 2016. The rule prescribes Forms for declaration the amount due towards departments. The Rules requires an assessee to make the declaration under Sub Section (1) of Section 214 of Indirect Tax Dispute Resolution Scheme, 2016 in Form 1. After the declaration of the amount, assessee has to deposit the amount within 15 (fifteen) days. Further, the designated authority shall issue the discharge order against the amount due within fifteen days of receipt of the information about the deposit made.

Thanks & Regards,
Meetesh Shiroya

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