CAclubindia News

Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroad and its recovery

07 October 2011 at 18:58

The Central Board of Direct Taxes, Department of Revenue, it has been decided with the approval of competent authority that the Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroa

Posted in Community & General | 2880 Views

Domestic Money Transfer - Relaxations

07 October 2011 at 18:57

Domestic Money Transfer - Relaxations RBI/2011-12/213 DPSS.PD.CO.No. 62/02.27.019/2011-2012 October 5, 2011 The Chairman and Managing Director / Chief Executive Officer All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks

Posted in Community & General | 5061 Views

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 | 21822 Views

Zone-shifting of Candidates for November - 2011 CA Exams

07 October 2011 at 13:18

Due to paucity of accommodation in some Zones opted by the candidates in the cities of Bangalore, Chennai, Delhi, Indore and Kolkata, some of the candidates have been allotted examinations centres in other zones of the said cities where the accommod

Posted in Students | 1 comments | 8730 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 | 9063 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 | 9807 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 | 8757 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 | 9918 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 | 10653 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 | 4263 Views