CAclubindia News

India signs agreement with Seychelles for tax information exchange

21 August 2015 at 10:05

Signing and Ratification of agreement between India and Seychelles for the exchange of information with respect to taxes The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the signing and ratification of the agreement b

Posted in Income Tax | 1 comments | 10431 Views

Revised reading material relevant for CA Final Nov 2015 exam

21 August 2015 at 10:05

Important AnnouncementAttention: Final Course students - November 2015 examinationsSubject: Revised Reading Material on the Insurance Act, 1938 incorporating Insurance Laws (Amendment) Act, 2015 - Relevant for the Final Examination to be held in Nove

Posted in Exams | 3 comments | 26232 Views

Clarification on sec 464 of the Co Act, 2013 for IPC exam

21 August 2015 at 10:05

Clarification on section 464 of the Companies Act, 2013 in Paper No. 2, Business Law,Ethics and Communication at Intermediate (IPC) LevelThe students are hereby informed that according to section 464(1) of the Companies Act, 2013, no association or p

Posted in Exams | 10887 Views

Advisory from CPC (TDS) regarding spurious emails

20 August 2015 at 12:14

Dear Deductor/ Taxpayer This is to inform that a few emails received by the Deductors and Taxpayers have been brought to the attention of the Centralized Processing Cell (TDS), which claim to have been originated from CPC (TDS) and may have been trig

Posted in Professional Resource | 3 comments | 8817 Views

Empanelment as examiners for CA exams

20 August 2015 at 10:14

Applications are invited from eligible members of the Institute and other professionals including academicians of reputed educational institutions, tax and legal practitioners etc., having a flair for academic activities including valuation of answer

Posted in Exams | 1 comments | 11475 Views

Tax benefits notified in the state of Bihar

20 August 2015 at 10:14

Income-Tax Act 1961 Amended Through Finance Act 2015 to Provide Certain Tax Benefits to Notified Backward Areas in Specified States Including State of Bihar to Give These Areas an Opportunity to Grow Faster;21 Districts of Bihar Notified as Backward

Posted in Income Tax | 9588 Views

Computation of period of stay in India in certain cases

19 August 2015 at 10:36

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (ii)]GOVERNMENT OF INDIAMINISTRY OF FINANCEDEPARTMENT OF REVENUE[CENTRAL BOARD OF DIRECT TAXES]INCOME-TAXNotificationNew Delhi, the 17th August, 2015S.O. 2240(E).

Posted in Income Tax | 11676 Views

Report on Audit Quality Review Findings

19 August 2015 at 10:36

ANNOUNCEMENTA Report on Audit Quality Review Findings (2012-15) Government of India has, in exercise of the powers conferred under Section 28A of the Chartered Accountants Act, 1949, constituted a Quality Review Board (the ‘Board’) to per

Posted in Audit | 9261 Views

34281 cases pending related to direct tax in high courts

12 August 2015 at 10:42

The number of cases relating to Direct Taxes pending in various High Courts and the amount involved therein is as below: High Court No. of cases pending* 34,281 Amount involved* (in Rs. crore)

Posted in Income Tax | 4 comments | 15000 Views

Parameters for Splitting of GST Revenue Between Centre and States

12 August 2015 at 10:42

Under the proposed GST regime, both Centre and States will simultaneously levy GST across the value chain. Tax will be levied on supply of goods and services. Centre would levy and collect Central Goods and Services Tax (CGST), and States would levy

Posted in GST | 13365 Views