Corporate Updates – 27-10-2014

MCA:

MCA has made amendments in Schedule VII of the Companies Act, 2013 where few more activities have been included in the list of activities that can be undertaken by the Companies in their Corporate Social Responsibility Policies. Accordingly item contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation has been added in Item (i) and contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga has been added in item (iv) of Schedule VII of the Companies, Act 2013.

DVAT:

DVAT Authorities have extended the last date of filing of online / hard copy of second quarter return for the year 2014-15, in Form DVAT-16 ,DVAT-17 and DVAT-48 along with required annexures / enclosures to 10/11/2014. However, the tax due shall continue to be paid in the usual manner as per the provisions of section 3(4) of the Delhi Value Added Tax Act, 2004. The dealers filing the returns through digital signature need not be required to file hard copy of the return/Form DVAT-56.

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