CAclubindia News

Chartered Accountant Killed on Duty

13 June 2007 at 21:59

We inform with grief that our professional brother CA Rajesh Rattan Goyal, 37, was stabbed to death in his office in Chandigarh on 22nd May 2007. It is highly suspected that he was murdered for his vigilance and ethical conduct while performing his p

Posted in Others | 1 comments | 9726 Views

Lucrative BPO jobs to fuel CA shortage

12 June 2007 at 07:02

TIMES NEWS NETWORK[ MONDAY, JUNE 11, 2007 12:51:05 AM]CHENNAI: India isset to face a shortage of practising charteredaccountants as they findworking in industry more lucrative. Thegrowth of business processoutsourcing (BPO) firms in accounting,financ

Posted in Career | 8301 Views

SC: Failure to file I-T returns not suppression of income

12 June 2007 at 02:42

Omission or negligence on the part of an assessee to disclose properparticulars of his income-tax returns would not necessarily constitutea deliberate act of suppression to invite punitive action from taxofficials, the Supreme Court has ruled. Concea

Posted in Income Tax | 4485 Views

Beta version of E-filing Software for new income tax returns released

10 June 2007 at 04:30

Theprocess of electronically filing Income tax returns through theinternet is known as e-filing. It is mandatory for Companies and Firmsrequiring Section 44AB audit to submit the Income tax returnselectronically for AY 2007-08. Any Company and Firm r

Posted in Income Tax | 10959 Views

Multi Purpose empanelment Form for 2007-2008

09 June 2007 at 03:40

Multipurpose Empanelment Form for the year 2007-08Members may please note that the Multipurpose Empanelment Form for the year 2007-08 is likely to be hosted around mid of June, 2007. Members may also note that clear 30 days time would be given for fi

Posted in Audit | 10098 Views

Be courteous: FM tells Income Tax dept

09 June 2007 at 00:44

The Income Tax department should be "friendly and courteous" towardsthe tax-payers while recovering levies, Union Finance Minister PChidambaram said on Friday. Inaugurating a Rs 38 croremulti-storeyed tower for the department

Posted in Income Tax | 3600 Views

Increase in membership fees

07 June 2007 at 03:11

Increase in membership fee w.e.f. 1st April 2008The Council of the Institute, at its 268th meeting, held from 30th April to 2nd May, 2007 has decidedto increase membership fees under various categories with effect from 1st April, 2008 as under:(Amoun

Posted in Career | 6594 Views

Bank Audit Fees- Revised

07 June 2007 at 03:09

Remuneration payable to the Statutory Central and Branch Auditors of Public Sector Banks from the year 2006-07 RBI/2006-2007/ 429DBS.ARS.No.BC. 08 / 08.92.001/ 2006-07June 6, 2007CONFIDENTIALThe Chairman & Managing Director, all Nationalised Bank

Posted in Audit | 77859 Views

New ITR forms in excel format

06 June 2007 at 08:29

Click on the link below to downloadhttp://www.caclubindia.com/files_display.asp?files_id=705

Posted in Income Tax | 18777 Views

Service tax on works contract

06 June 2007 at 03:55

Section 65(105) of the Finance Act, 1994 defines the taxable service in respect of various categories of services. The Finance Bill, 2007 seeks to introduce sub-clause (zzzza) to clause (105) as below: -"(zzzza) to any person, by any other person in

Posted in Service Tax | 1 comments | 15306 Views