Corporate Updates – 07-10-2014

DVAT

DVAT Authorities have extended the last date of filing of online return in Form 9 for the year 2013-14, prescribed under Rule 4 of Central Sales Tax (Delhi) Rules, 2005 to 28th November, 2014. The return is to be filed by dealers who have made interstate sale at concessional rates against statutory forms ‘C’ or stock transferred against ‘F’ forms or sold the goods against ‘H’ forms to dealers (other than Delhi) or claimed deduction from taxable turnover against E-I/EII forms or I/J forms etc. The dealers who have not made the sale as mentioned above need not file reconciliation return in Form 9.

SEBI

SEBI with an intention to have an effective regulation of the Mutual Fund Industry, Securities and Exchange Board of India (SEBI) has come out with the Master Circular for Mutual Funds. Master Circular is a compilation of all the existing/applicable circulars issued by Investment Management Department of SEBI to Mutual Funds. In case of any inconsistency between the master circular and the applicable circulars, the contents of the relevant circular shall prevail.

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