Corporate Updates – 17-09-2014


CBDT considering the large scale devastation in the State of Jammu & Kashmir due to heavy rains & floods has extended the due date for filing of Income Tax Returns from 30th September, 2014 to 30th November, 2014 for all assessees in the State of J & K who were liable to file their Income Tax Returns by 30th September, 2014.


SEBI has decided to renew the recognition to MCX-SX for a period of one year commencing on the 16th day of September, 2014 and ending on the 15th day of September, 2015 subject to complying with conditions specified by SEBI from time to time. Further, the exchange is required to build its networth (undisputed) to the level as prescribed in SEBI (SECC) Regulations 2012 within a period of three months from the date of renewal of recognition and shall take immediate steps to rectify the deficiencies pointed out in the systems audit as well as special audit.

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