Advanced Course on Co-operative Banks & Societies

The 1st Advanced Course on Co-operative Banks & Societies was organised by Committee on Co-operatives of WIRC & our Branch on 17th & 18th June 2010

Course Material

Liability of the Auditor - Suresh Pawar Click Here

Direct Tax Provisions as applicable to Co-operative Societies - CA Pramod Shingte Click Here

Indirect Tax Provisions as applicable to Co-operative Societies - CA M B Abhayankar Click Here

Inquires under Co-operative Act - CA B B Mane Click Here

System Audit of Co-operative Banks - CA Abhay Mate Click Here

For more photos of seminar Click Here

TDS rules amended

  CBDT has amended the Income tax rules,1962 by notification No. S.O. 1261(E). The procedure of filing TDS/TCS returns and issuing TDS certificates have been changed.

  Summary of amendments

1. Rule 30, 31, 31A and 31AA have been substituted and the revised rules are applicable from the financial year 2010-11onwards.
2. Existing rules will continue to be applicable for the financial year 2009-10 and earlier years.
3. Due date for filing TDS/TCS returns of 4th quarter will be 15th May instead of 15th June.
4. Form 16A needs to be issued quarterly and within fifteen days from the due date for furnishing quarterly return. No option to issue Form 16A annually.
5. Form 16 needs to be issued within 31^st May.
6. The due date for depositing TDS where income is credited or paid in the month of March shall be 30^th April.
7. Form 16 and 16A have been amended.
8. TDS/TCS returns have to be filed electronically where no. of deductees for any quarter of the financial year is 20 or more.
   
   
   For notification Click here