CAclubindia News

INCOME-TAX RETURN FORM GETS SIMPLER !

07 July 2007 at 23:35

I-T return form gets simpler: There is some relief for income tax payers. While filing returns this year, they will not require to attach loads of documents related to investment details. The Income-Tax department has finally come clear on the issue.

Posted in Income Tax | 4413 Views

NAAMKARAN proposal for ICWAI

07 July 2007 at 08:28

Will this proposal give recognition to Work Accountants????The Institute of Cost and Works Accountants of India (ICWAI) has presented a memorandum to the Ministry of Corporate Affairs requesting for a change in the name of the institute. The name it

Posted in Others | 4317 Views

The hulla about the word Chartered

07 July 2007 at 08:27

The word "Chartered" we debate on everytime as in word "Chartered Accountant", I thought of finding the origin of this word. Some interesting facts that I came to know when I searching wikipedia and its related links.http://www.reference.com/browse/w

Posted in Career | 4521 Views

Three-month-old Orissa baby becomes youngest tax payer

07 July 2007 at 02:37

Three-month-old Orissa baby becomes youngest tax payerBy Sarada LahangirRourkela (Orissa), July 4: A three-month-old Orissa baby has become the\nyoungest individual to get a tax account number, after a trust signed a pact\u003cbr\>\nwith

Posted in Income Tax | 9354 Views

Four senior PwC execs join rival Deloitte

06 July 2007 at 00:54

TIMES NEWS NETWORK[ WEDNESDAY, JULY 04, 2007 02:06:06 AM] MUMBAI: Four senior executives from PricewaterhouseCoopers have joined rival and professional services major Deloitte Touche Tohmatsu signalling a pick up in consolidation activity in the tax

Posted in Career | 8448 Views

Quality review board for CAs set up

06 July 2007 at 00:32

New Delhi, July 4 The Centre has constituted a quality review board(QRB) under the chartered accountants law to review the quality ofservices including audit services rendered by the members of theInstitute of Chartered Accountants of India (ICAI). T

Posted in Career | 3018 Views

Industry needs more cost accountants

05 July 2007 at 04:24

Pune, July 03: With a growing demand for cost and management accountants across the country and the professionals playing a more strategic role in an organisation, the Institute of Cost & Works Accountants of India, (ICWAI) Pune chapter has chalked o

Posted in Career | 5259 Views

Banking Ombudsman

05 July 2007 at 00:00

THE BANKING OMBUDSMAN SCHEME, 2006The Scheme is introduced with the object of enabling resolution of complaints relating to certain services rendered by banks and to facilitate the satisfaction or settlement of such complaints. CHAPTER IPRELIMINARY1.

Posted in Others | 1 comments | 4491 Views

What to do, if you have recd IT notice

04 July 2007 at 23:51

A tax enquiry notice can be unnerving for most due to ignorance of laws and understanding the correct way to respond to such notices. Stories of experiences with the taxman also play their own role with people always asking "Why did I get a notice?

Posted in Income Tax | 6558 Views

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 | 6516 Views