Time-limit extended for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 till 31.03.2014

Press Information Bureau
Government of India
Ministry of Finance
26-February-2014 17:38 IST
The Central Board of Direct Taxes (CBDT) has extended the time-limit for filing ITR-V Forms for Assessment Years 2009-10, 2010-11 and 2011-12 till 31.03.2014 for returns e-filed with refund claims within the time allowed under section 139 of the Income Tax Act. 
Please find press release below:-

Change in Rule regarding issuing PAN Card


Now one more document is required to get new PAN card , Proof of date of Birth is also required aprt from the address proof and Id proof.



see press release below

Inter-State Stock Transfer & Form F under central Sales Tax Act 1956




One of my friends while reading article on “Form C” raised a query:-
è Whether a dealer should declare the transfer of capital goods like Furniture , computers etc that are transferred to another state for own use in his branch .
è Whether the transfer of these goods is to be declared as Stock transfer in the returns. If yes or no , any court cases In support of the same.

Calculation of Stock-Out Cost

In cost Accounting there are lot of methods followed to have better control to reduce the the cost without of hampering the quality of product/service.
In material management, functions like setting various level of stock , determine the pricing method of material to be issued and received and  fixation of accounting policy for recording of data etc etc are performed.

Declaration to Bank for opening Bank Account in the name of HUF HINDU Undivided Family

If you have created HUF and want open Bank Account with Bank ,Bank may ask Declaration to submit .below is given a format for that :-