CAclubindia News


Clarification on Rate of Tax - regarding

 09 May 2012 at 10:22

Circular No. 158/9/ 2012 – ST F.No 354/69/2012- 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 : 8th May 2012 To Chief Com

Posted in Service Tax |   4 comments |   10371 Views


No Case of Data Leak and Refund Frauds Detected Due to Outsourcing of Infotech Functions by IT Department

 09 May 2012 at 11:49

The outsourcing of infotech functions by the Income Tax (IT) Department has emerged after extensive discussions, rigorous evaluation and comprehensive examination by various authorities. Till now no instance has come to light of involvement of Ven

Posted in Income Tax |   5295 Views


Value of Assets Seized in Searches Conducted by Income Tax Department Stood at Rs. 905.61 Crore in 2011-12

 09 May 2012 at 11:49

The Government has received a number of cases of information relating to remittances, payments and money held in foreign bank accounts etc. under the provisions of the DTAAs/TIEAs. Every reliable information, including information received from ou

Posted in Income Tax |   4890 Views


The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled

 08 May 2012 at 10:58

The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled

Posted in Income Tax |   1 comments |   10950 Views


Furnishing of Misleading Information by Multinational Network Accounting Firms (MNAFs)

 07 May 2012 at 17:28

Furnishing of Misleading Information by MNAFs According to the information furnished by the Institute of Chartered Accountants of India (ICAI) a High Power Committee (HPC) appointed by them for examining the operation of Multinational Network Ac

Posted in Corporate Law |   4509 Views


Conducting of AGM by Companies

 08 May 2012 at 10:58

The Companies Act, 1956 prescribes filing of a copy of the Balance Sheet and Annual Report after the AGM has been conducted, with the concerned Registrar of Companies. There is no requirement under the Companies Act requiring the Registrar of Comp

Posted in Corporate Law |   1 comments |   8058 Views


Opening Remarks by FM on Finance Bill 2012

 07 May 2012 at 17:28

Opening Remarks made by the Finance Minister Shri Pranab Mukherjee at the beginning of the Discussion on Finance Bill 2012 The text of the Opening Remarks made by the Union Finance Minister Shri Pranab Mukherjee at the beginning of the discussio

Posted in Income Tax |   5748 Views


No change in the schedule for CA Examination May-2012

 07 May 2012 at 10:08

No.13-CA(Exams)/May, 2012/2 Enquires are being received as to whether the examination for the Paper - 4 of Professional Competence Examination (PCE) and Paper - 3 of Integrated Professional Competence Examination (IPCE) Cost Accounting and Finan

Posted in Students |   8766 Views


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 |   10221 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 |   13197 Views



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