CAclubindia News

Income -Tax (5th Amendment) Rules, 2012- Insertion of Rule F

07 May 2012 at 10:08

NOTIFICATION NO. 16/2012 [F. NO. 149/72/2011-SO (TPL)] DATED 30-4-2012 In exercise of the powers conferred by clause (47) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby ma

Posted in Income Tax | 10176 Views

Stopping of Form 23AC and Form 23AC XBRL for fy starting on or after 01.04.2011

04 May 2012 at 17:01

Please note that existing Form 23AC, Form 23ACA, Form 23AC-XBRL and Form 23ACA-XBRL can not be filed by those companies whose financial year is starting on or after 1.4.2011 as Revised Schedule VI is applicable for such period. New e-forms are und

Posted in Corporate Law | 1 comments | 13152 Views

Future Implementation of XBRL

04 May 2012 at 13:10

The Ministry of Corporate Affairs has set up a Committee to develop the roadmap for future implementation of Extensible Business Reporting Language (XBRL). This Committee comprises of XBRL experts and representatives from the corporate sector as

Posted in Corporate Law | 9804 Views

Advisory Group for International Taxation and Transfer Pricing Constituted

03 May 2012 at 15:37

An Advisory Group for International Taxation and Transfer Pricing has been constituted by Central Board of Direct Taxes , Department of Revenue, Ministry of Finance. The Group would comprise of the following members:- i. Revenue Secretary to

Posted in Income Tax | 1 comments | 7266 Views

Clarification on Vodafone Tax Issue

02 May 2012 at 16:54

A news report has appeared in the Financial Express, Delhi edition, 27th April, 2012 captioned “I-T didn’t warn Vodafone of tax burden or dispute deal format”. In this regard, the Central Board of Direct Taxes (CBDT) has issued t

Posted in Income Tax | 1 comments | 14628 Views

Chairman CASB Communique, May 2012

02 May 2012 at 15:48

Chairman CASB Communique, May 2012

Posted in Others | 3552 Views

MCA mandates updating of Income Tax PAN for obtaining DIN

02 May 2012 at 12:27

General Circular No: 32/2011 dated 31/05/2011, 66/2011 Dated 4/10/2011, 70/2011 dated 15.12.2011 and 04/2012 dated 09.03.2012, Ministry of Corporate Affairs has mandated providing Income-tax Permanent Account Number (Income-tax PAN) for obtaining

Posted in Income Tax | 1 comments | 11547 Views

ICWAI - President Communique - May, 2012

01 May 2012 at 12:07

The value addition provided by a profession supplements and strengthens the statutory role which it normally plays under the legal framework by the government. ..

Posted in Others | 2 comments | 9861 Views

Compliance of Reporting Norms by Companies

01 May 2012 at 12:06

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the reporting norms comprises of annual reporting of financial results and state of affairs by companies in the format prescribed unde

Posted in Corporate Law | 8088 Views

Registration of New Companies

01 May 2012 at 12:06

The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that every year new companies get registration for business in the country and the number of companies registered during 2008-08, 2009-10

Posted in Corporate Law | 1 comments | 13269 Views