CAclubindia News

When can you make cash expenditure exceeding 20000: NEW RULES

04 July 2007 at 22:52

NOTIFICATION NO208/2007, Dated: June 27, 2007In exercise of the powers conferred by Section 295 read with proviso to sub-section (3) of Section 40A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following

Posted in Income Tax | 6504 Views

ICWAI National award for excellence in Cost Management

04 July 2007 at 00:14

NEW DELHI, INDIA: CyberMedia India Ltd. has been conferred the prestigious ICWAI Award for Excellence in Cost Management. CyberMedia happens to be the first media company to receive the award for its innovative HR practices in managing costs, under t

Posted in Others | 3453 Views

TDS on bond interest

03 July 2007 at 02:03

The decision to deduct tax at source from the financial year 2007-08 in respect of the Government of India Savings Bonds if interest during a year exceeds Rs 10,000 is a big blow to many retired persons who have invested substantially in these bonds.

Posted in Income Tax | 3564 Views

Tele-conference with CBDT officials!

02 July 2007 at 07:21

Important Announcement Tele-conference on "E-filing of Income-tax return forms" to be held LIVE on 11 July, 2007 from 2.00pm to 4.30 pm in the Indira Gandhi National Open University (IGNOU) Dear Members, The Fiscal Laws Committee has decided to est

Posted in Income Tax | 3309 Views

Pvt schools, hospitals to be in service tax net

02 July 2007 at 03:39

Pvt schools, hospitals to be in service tax netJune, 28th 2007Will have to pay 12% tax besides 3% education cess. Service tax of 12 per cent (plus the education cess of 3 per cent) will soon be levied on fees charged by schools, doctors and hospitals

Posted in Income Tax | 3567 Views

I-T return form's a tough nut

02 July 2007 at 03:30

I-T return form's a tough nutJuly, 02nd 2007Are the new income tax returns (ITR) 'saral' indeed? For close to a decade, successive finance ministers have sought to make the returns easy to file although many taxpayers are not convinced.According to f

Posted in Income Tax | 4605 Views

Should CPE seminars be done away with??

02 July 2007 at 02:14

In reference to decline in Seminar Income of LKO branch , loss of interestin seminars shown by members is the only reason for this decline. Thebranch has to introspect the quality of the seminars held by branch.I have personally experienced the fol

Posted in Career | 3738 Views

Unfair competition to Indian CA firms from the biggies

02 July 2007 at 01:53

One of the biggest reasons why Indian Chartered Accountant firmshave remained small-sized is some of the antiquated laws in ourcountry that have shackled our profession and growth. Next time youare watching a cricket match being played in South Afric

Posted in Career | 1 comments | 6384 Views

New logo of ICAI unveiled

01 July 2007 at 08:02

The ICAI has designed new LOGO shich has been unveiled by Shri Premchand Gupta, the Union Minister for Corporate Affairs today the CA day.To download the new logo click on the link belowhttp://www.caclubindia.com/files_display.asp?files_id=780

Posted in Others | 14535 Views

Presentation on new ITR

30 June 2007 at 02:02

Useful power point presentation on New ITRClick below to downloadhttp://www.caclubindia.com/files_display.asp?files_id=776

Posted in Income Tax | 6213 Views