CAclubindia News

Servic e-Tax on 'Campus Recruitment' ::

25 August 2007 at 09:10

The government made it clear on Thursday that educational institutes, including the Indian Institutes of Management (IIMs) and Indian Institutes of Technology (IITs), would have to pay service tax for providing campus recruitment to their graduates.

Posted in Service Tax | 4251 Views

MORE BUSINESSES COME UNDER SERVICE TAX NET ::

24 August 2007 at 16:41

Sub-contractors in construction projects will now have to pay service tax. They will add to the various categories of small entities, which were so far not required to register themselves as service tax payers. While their taxable amount will not go

Posted in Service Tax | 4386 Views

ULIPs under review with IRDA ::

24 August 2007 at 12:00

The Insurance Regulatory and Development Authority (Irda) is in the process of reviewing the entire range of unit-linked products (Ulips) that are being sold by life insurance companies. According to R Kannan, member (actuary), Irda, the review aims

Posted in Others | 2517 Views

First time in India- CA's in politics now!!

23 August 2007 at 17:16

The next time you hear a politician straining his vocal chords at some public forum, rest assured he would be ranting some numbers, figures, growth rates and percentages, besides the usual speech. For, the numeric ammunition will soon be supplied by

Posted in Others | 1 comments | 23601 Views

Parliament rights enhanced..can levy service tax on CAs, architects: SC

23 August 2007 at 16:58

The Supreme Court has held that Parliament is competent to levy service tax on chartered accountants, cost accountants and architects. "We hold that Parliament has legislative competence to levy service tax by way of impugned Finance Acts of 1994 and

Posted in Service Tax | 3216 Views

HC ON NEW IT RETURNS..!!

23 August 2007 at 16:57

HIGH COURT OF ALLAHABADOm Prakash Tewariv. Union of India Section 139 of the Income-tax Act, 1961, read with rule 12 of the Income-tax Rules, 1962 - Return of income - General - Assessment year 2007-08 - Petitioners, lawyers/advocates, challenged In

Posted in Income Tax | 4059 Views

Strict security an answer to the paper leak of ICAI entrance exams!!

23 August 2007 at 16:55

The Institute of Chartered Accountants of India (ICAI) is taking full care and precaution for its rescheduled Common Proficiency Test entrance exam scheduled for August 26. ICAI President Sunil Talati said extra efforts have been made to ensure full

Posted in Others | 3948 Views

MVAT Audit date for F Y 2005-06 extended 31/10/2007

23 August 2007 at 14:55

As per reports received the date for MVAT Audit for Financial Year 2005-06 has been extended to 31st October, 2007

Posted in Excise | 6015 Views

NO PAN ! NO REFUND ON FD EARNINGS...!

23 August 2007 at 08:37

Come April 2008, fixed deposit holders will not be allowed to avail any credit against taxes paid on their interest earnings if banks do not quote their PAN numbers.Many fixed deposit holders could be left in lurch as income tax department has tighte

Posted in Income Tax | 2979 Views

MVAT Audit Report Date Extended upto 31-10-2007

22 August 2007 at 17:31

Dear Members,The Hon'ble Bombay High Court has extended the last date for submission of VAT Audit Report in Form No. 704 upto 31st October, 2007 for the Financial Year 2005-2006.Thanks

Posted in VAT | 11505 Views