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Displaying News 4160 - 4170 of 4343 in 435 pages


'TDS' on Director's 'LOANS'...!

On 14 August 2007 at 23:25

The Supreme Court has ruled that the companies have statutory obligation to deduct tax at sources (TDS) on interest payments for the loans taken in the name of its directors. The revenue department is empowered to impose interest on such a company fo ...

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Posted in Income Tax | 0 comments | 564 hits


Happy Independence Day!!!

On 14 August 2007 at 13:41

CAclubindia.com wishes all its members a very Happy Independence Day!!!!   ...

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Posted in Others | 0 comments | 381 hits


ITR 8 in excel format released by Income tax dept

On 14 August 2007 at 06:21

<body><p>To download the same click on the link below<br><br>http://www.caclubindia.com/files_download.asp?files_id=930</p></body> ...

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Posted in Income Tax | 0 comments | 1049 hits


What are the books of accounts?

On 14 August 2007 at 03:32

What are books of account? In a recent case, the Madras High Court concluded that P&L account and balance-sheet are not books of account as contemplated under the I-T Act. T. C. A. Ramanujam Computation of business income under the income-tax law has ...

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Posted in Income Tax | 0 comments | 1096 hits


Auditors - Credit risk recognition

On 14 August 2007 at 03:27

Auditors are preparing for particularly careful scrutiny of companies' assumptions about valuation and the risks posed to their businesses in the light of current market volatility.Two of the Big Four UK accountancy groups have issued internal memos ...

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Posted in Others | 0 comments | 544 hits


E-filing Website will not work on August 15

On 14 August 2007 at 03:25

The INCOMETAX E-FILING website will be unavailable between 5pm on 14th August till 11 pm on 15th August on account of site upgradation work. ...

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Posted in Income Tax | 0 comments | 328 hits


'Capital-gains' & 'Tax-hunters' !

On 13 August 2007 at 23:16

Owning land away from city limits may be a good idea to keep away from the madding crowd — but not so much from taxes. As the penchant for a house with that green patch grows even in smaller cities, the income-tax department is mulling over enhancing ...

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Posted in Income Tax | 0 comments | 506 hits


MEF date extended

On 13 August 2007 at 08:20

Last date for submission of MEF for the year 2007-08 extended to August 21, 2007.Last date for receipt of hard copy of duly signed declaration extended to August 31, 2007.   ...

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Posted in Audit | 0 comments | 980 hits


ITR 6 in excel format released by Income tax dept

On 12 August 2007 at 05:40

ITR 6 in excel format released by Income tax deptClick on the link below to download http://www.caclubindia.com/files_download.asp?files_id=916  ...

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Posted in Income Tax | 0 comments | 3871 hits


Myth or Reality-Low tax collection cost?

On 12 August 2007 at 02:37

The I-T department should work out the cost of collection after excluding the tax collected at pre-assessment stages. T. N. Pandey One of the achievements for which the Income-Tax (I-T) department takes considerable credit is the low cost of collecti ...

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Posted in Income Tax | 0 comments | 544 hits








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