CAclubindia News


Due Date of Filing of Returns of Income for Assessment Year 2011-12 Extended in Sikkim

   05 October 2011 at 21:07

On consideration of the reports of disturbance of general life caused due to earthquake in the State of Sikkim, the Central Board of Direct Taxes (CBDT), in exercise of powers conferred under section 119 of the Income Tax Act, 1961, has extended the

Posted in Income Tax |   21783 Views


MCA XBRL Validation Tool for validating XBRL instance documents has been released

   01 October 2011 at 15:49

MCA XBRL Validation Tool for validating XBRL instance documents has been released. The same can be downloaded by stakeholders for validating the instance documents prepared by them. The stakeholders should also refer to the XBRL filing manual for

Posted in Corporate Law  2 comments |   9000 Views


ICAI - President's Message - October 2011

   01 October 2011 at 11:49

Let me first wish all our readers moments of great inspiration that 2nd October as birthday of the father of our nation, Mahatma Gandhi, instils in the hearts of the people of India and the world.

Posted in Community & General  2 comments |   9726 Views


FDI Circular 2 of 2011

   30 September 2011 at 18:46

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 2 of 2011’-is the

Posted in Community & General |   8688 Views


Filing of e-return by Legal Heir (LH) using DSC: Revised Process

   30 September 2011 at 18:20

This is regarding cases where the assessee has expired but a return has to be filed by LH using his DSC. Following process is suggested in above regard : The legal heir (LR) has to get a DSC in his own name. LH is required to make a request by

Posted in Income Tax  2 comments |   9888 Views


CAG of India Appointed External Auditor OF IAEA and WIPO

   30 September 2011 at 17:39

The Comptroller and Auditor General of India (CAG) has been appointed as the external auditor of two major UN organizations - the International Atomic Energy Agency (IAEA), Vienna and World Intellectual Property Organization (WIPO), Geneva. Both t

Posted in Audit  4 comments |   10497 Views


Proposed Amendment of the Articles of Agreement of the International Monetary Fund on Reform of the Executive Board approved

   30 September 2011 at 15:02

The Union Cabinet today gave its approval to certain amendments to the IMF`s Articles of Agreement on Reform of the Executive Board of the IMF. The amendments are part of a package of reforms on quotas and governance in the IMF. Along with the rec

Posted in Community & General |   4218 Views


Registration of Certified Filing Centres (CFC)

   30 September 2011 at 14:38

Requests including from Professional Institutes have been received seeking re-opening the registration process of CFCs and allow enrolment of more CFCs so that the involvement of professionals in XBRL and peak filing can be expanded to a large exten

Posted in Corporate Law  2 comments |   5820 Views


ICWAI - President Communique for October, 2011

   30 September 2011 at 10:42

Action may not always bring happiness...but there is no happiness without action. - Benjamin Disraeli Dear Professional Colleagues, We are approaching the festive season, which brings joy to the millions of lives in our country. Celebrated in all

Posted in Community & General |   6165 Views


Finance Ministers Statement on 2G Note

   30 September 2011 at 10:00

The following is the text of the Finance Minister, Shri Pranab Mukherjees statement, made here today: A number of stories on 2G Spectrum had appeared in the media in January 2011. A view was taken that a harmonized note based on fact

Posted in Community & General  1 comments |   4548 Views



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