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Undisclosed income exceeding Rs. 9,200 crore detected by CBDT during the search operations in the financial year 2011-12

   12 April 2012 at 17:51

During the financial year (FY) 2011-12, the Investigation Directorates of the Central Board of Direct Taxes (CBDT) conducted searches on 330 groups involved in different businesses / activities. On the basis of assets, documents and other evidence

Posted in Income Tax  3 comments |   9246 Views


First Series of Mock Test Papers for CA May 2012 Examinations Released

   12 April 2012 at 17:51

Students may please note that with a view to encourage the students to evaluate their preparation for the forthcoming May, 2012 examination, the Board of Studies has prepared Two Mock Test Papers in each subject for the students of IPCC, PCC and F

Posted in Students  20 comments |   27861 Views


Setting up of Special Purpose Vehicle to be called Goods and Services Tax Network (GSTN SPV)

   12 April 2012 at 16:07

The Cabinet has approved a proposal to set up a Special Purpose Vehicle (SPV) namely Goods and Services Tax Network SPV (GSTN SPV) to create enabling environment for smooth introduction of Goods and Services Tax (GST). GSTN SPV will provide IT inf

Posted in GST |   8919 Views


Zone-shifting of candidates for May - 2012 CA Exams

   11 April 2012 at 12:25

Due to paucity of accommodation in some Zones opted by the candidates in the cities of Chennai, Delhi, Indore, Mumbai and Kolkatta, some of the candidates have been allotted examinations centres in other zones of the said cities where the accommod

Posted in Students |   9954 Views


CWA - Calender of Management Development Programmes, 2012-13

   11 April 2012 at 10:51

Calender of Management Development Programmes, 2012-13

Posted in Students  1 comments |   7842 Views


Consolidated FDI Policy (DIPP Circular 1 of 2012) effective from 10.04.2012

   11 April 2012 at 10:31

The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months. This Circular 1 of 2012-is the

Posted in Others |   11808 Views


Electronic Refund of Service Tax Paid on Taxable Services used for Export of Goods

   10 April 2012 at 15:03

Committee Constituted to review the Scheme for Electronic Refund of Service Tax Paid on Taxable Services used for Export of Goods A Committee has been constituted with Director General of Service Tax Smt. Sanghamitra Panda as Chairperson to review

Posted in Service Tax  1 comments |   10986 Views


Ministry of Finance clarifies on Point of Taxation Rules

   10 April 2012 at 12:42

Circular No.155/6/ 2012 – ST F. No 334/1/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated: 9th April 2012 To Chief C

Posted in Service Tax  4 comments |   21006 Views


Constitution of a Committee on Corporate Governance

   10 April 2012 at 12:41

The Ministry of Corporate Affairs has constituted a Committee under the Chairmanship of Shri. Adi Godrej for framing a ‘National Corporate Governance Policy’ to suggest a comprehensive policy frame work to enable corporate governance o

Posted in Corporate Law |   4920 Views


New forms for PAN application from April 8, 2012

   10 April 2012 at 11:18

With effect from April 8, 2012, PAN applications are required to be furnished in the new forms prescribed by ITD. Indian citizens will have to submit their ‘Application for allotment of new PAN’ in revised Form 49A only. Foreign citize

Posted in Income Tax  12 comments |   36768 Views



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