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CAclubindia News


Announcement Nov 2007 Examination

   27 July 2007 at 02:51

Dear AllDetails about november 2007 examination published in ICAI website.Exams starts from 1st November till 10th November.Applications will be available in regional centres from 3rd August 2007.Prashanth

Posted in Students |   4218 Views


CA students may skirt BCom subjects

   27 July 2007 at 00:46

THE Institute of CharteredAccountants of India (ICAI) and Netaji Subhas Open University (NSOU) inked amemorandum of understanding (MoU) on Wednesday, by which NSOU will grantexemptions to CA students from learning the common subjects of study in itsB

Posted in Students |   10611 Views


Writ Petition against ITRs!!!

   27 July 2007 at 00:02

A writ petition has been filed today in the Lucknow Bench of Allahabad High Court, challenging the notification amending the Income Tax Act for providing of the new format of the Income Tax Returns. After considering the matter, the Income

Posted in Income Tax |   3594 Views


Credit card, share details requisite on new ITR form

   26 July 2007 at 06:44

As the last date for filing income tax returns approaches near, therush to fill new ITR forms is building up. And so is the confusionamong tax payers who do not find the new tax form an easy deal.Last year, when the Income Tax department introduced t

Posted in Income Tax |   3636 Views


IT Offices to remain open on 28 & 29 July 2007 for accepting return

   25 July 2007 at 12:14

F.No.220/3/2007- ITA-IIGovernment of IndiaMinistryof FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, the 24thJuly, 2007. Order under Section 119 (1) of the Income Tax Act, 1961. Thedue date for filing of return of income withi

Posted in Income Tax |   2742 Views


FM on tax compliance !

   24 July 2007 at 22:38

The Finance Minister, Mr. P. Chidambaram, said that tax rates have been moderate in the country and that more people are complying with taxation laws."I take legitimate pride in being part of the team that moderated taxes since 1991. More people are

Posted in Income Tax |   2850 Views


Burden on burden - new tax return forms

   23 July 2007 at 09:04

A.P. TAX BAR ASSOCIATION - HIGHLY CRITICAL OF NEW INCOME TAX RETURN FORMS.Several years back the Income Tax Return forms were bulky and required the services of An expert for filling it. But with the onset of liberalisation the I.T.Return forms got

Posted in Income Tax |   4344 Views


ICAI to adopt global standards from 2011

   23 July 2007 at 03:36

The Institute of Chartered Accountants of India (ICAI) has decided to fully converge with the international financial reporting standards (IFRS) from April 1, 2011. The IFRS are issued by the International Accounting Standards Board. A work plan woul

Posted in Accounts |   4449 Views


Did not spare Patent n Trademark Applications for E-filing!!

   23 July 2007 at 03:18

The government has launched a facility for e-filing of patent and trademark applications to expedite the process of securing exclusive rights over a product or trading symbol."With the launch of e-filing facilities, applicants can file their patent a

Posted in Income Tax |   2430 Views


Closing price on vesting day may fix FBT on Esops

   20 July 2007 at 03:44

The finance ministry may settle for the closing price of shares of alisted company on the stock market on the day the scrips are vestedwith employees to decide valuations for the fringe-benefit tax (FBT).The ministry will soon issue guidelines on how

Posted in Income Tax |   2520 Views