CAclubindia News


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 |   10971 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 |   10101 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 |   3603 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 |   6600 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 |   77913 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 |   18789 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 |   15312 Views


Service Tax on House Property

   06 June 2007 at 03:53

Service Tax on House PropertyApplicable from 01/06/07.Mr. Finance minister in the budget for the year has levied an Indirect tax on the let out of property. Tax will be charged in contracts where the property is rented or leased out for commercial pu

Posted in Service Tax |   10362 Views


CFA exam concludes

   05 June 2007 at 05:14

Today, the mood at the Thakur College ofEngineering and Technology, Kandivali, was ecstatic as approximately4,000 Chartered Financial Analyst (CFA) institute students (levels one,two and three) successfully took their examinations .  The exam wa

Posted in Students |   6858 Views


ICAI and IGNOU MOU

   05 June 2007 at 01:22

Bos/Ancmnet/MOU-IGNOU-ICAI/227/19/07March 15, 2007For furtherance of commerce and management education, the Institute of Chartered Accountants of India and Indira Gandhi National Open University have deliberated and reached the following understandin

Posted in Students  1 comments |   16965 Views