CAclubindia News


LLP - Reminder for For filing Form 8 and Form 11

   22 October 2011 at 11:29

All LLPs registered upto 30-September-2010 have to mandatorily close the financial year as on 31-03-2011 and file Form-11 by 30-May-2011 and Form-8 by 30- October-2011. LLPs registered from 01-10-2010 to 31-03-2011 have option either to close fi

Posted in Corporate Law |   13596 Views


Need for Better Co-Ordination Between Monetary and Fiscal Policies for Improving Overall Economic Stability and Growth : FM

   22 October 2011 at 10:28

The Finance Minister Shri Pranab Mukherjee has said that the present global economic developments and more particularly the sovereign debt crisis of Europe has once again brought into focus the need for better co-ordination between monetary and fi

Posted in Community & General |   2559 Views


Finance ministry suggests reconciling accounting standards

   21 October 2011 at 18:00

In a move that can help solve corporate litigation with the tax departments and mark a step forward in Indias commitment to implement International Financial Reporting Standards (IFRS), the finance ministry has suggested reconciliation of G

Posted in Community & General  1 comments |   9096 Views


Observance of Vigilance Awareness Week as "Grievance Redressal Week"

   21 October 2011 at 18:00

F.No. DGIT (Vig.)/PV/2010-11/VAP Date : 20.10.2011 To, All the CCsIT(CCA) Madam/Sir, Sub : Observance of Vigilance Awareness Week as Grievance Redressal Week - Reg. Ref : DO letter even number of DGIT (Vig.) dated 28.09.2011. Please

Posted in Income Tax  1 comments |   5817 Views


Ashok Chawla takes oath as New Chairman of CCI

   21 October 2011 at 12:29

Shri Ashok Chawla today took oath as New Chairman of the Competition Commission of India. He was administered the oath of the office by Union Corporate Affairs Minister Dr. M. Veerappa Moily in his Office. Shri Chawla has been the former Finance Sec

Posted in Corporate Law |   5166 Views


Extension of date of submission of service tax half yearly returns

   20 October 2011 at 17:17

F. No. 137/99/2011 – Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs *** New Delhi dated the 20th October 2011 ORDER NO. 1 /2011 – Service Tax In exercise of the p

Posted in Service Tax  19 comments |   23733 Views


CBDT Makes Discussion Paper on Tax Accounting Standards Public

   20 October 2011 at 17:17

The Central Board of Direct Taxes (CBDT) has made public the discussion paper on accounting standards, to be known as Tax Accounting Standards (TAS), for feedback from all concerned. The discussion paper is available on the following web-sites:

Posted in Income Tax |   6051 Views


RBI may hold fire after 25 bps hike

   19 October 2011 at 13:11

The task before the Reserve Bank of India (RBI) as it prepares to unveil the second quarter review of monetary policy is tricky. Headline wholesale price inflation (WPI) continues to be sticky, close to double-digit levels in provisional terms. Al

Posted in Community & General |   3051 Views


RBI against letting MFIs collect small deposits

   19 October 2011 at 13:11

Indias central bank has objected to a government proposal to allow microlenders to collect small deposits from poor borrowers. The Reserve Bank of India (RBI) has said it is concerned about the safety of the money deposited with microlend

Posted in Community & General |   3348 Views


Peak Filing of Balance Sheet and Annual Return

   18 October 2011 at 17:23

As you are aware it is time of peak filing of Balance Sheet & Annual Return under the Companies Act, 1956. It has been brought to the Institutes’ notice that during October, 2011, filing of Balance Sheet and Annual Return is less as comp

Posted in Corporate Law  1 comments |   7536 Views



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