CAclubindia News

Cabinet approves Tax and Production Incentives for Job Creation in Garment Manufacturing Sector

23 June 2016 at 10:45

Cabinet approves Tax and Production Incentives for Job Creation in Garment Manufacturing Sector Cabinet approves Special Package for Job Creation & Export Promotion in Textile & Apparel Sector Special Package to create 1 Crore Jobs in 3 Years

Posted in Community & General | 1 comments | 4101 Views

Amendment in Rule 114H of Income-tax Rules, 1962

23 June 2016 at 10:45

The Rule 114H of the Income-tax Rules, 1962 (the Rules) has been amended vide Notification No.48/2016 [S.O.2151(E)] dated 20th June 2016. In order to provide sufficient time to the reporting Financial Institutions for completing the due diligence pro

Posted in Income Tax | 5301 Views

Clarification regarding threshold Limit of tax audit under section 44AB and 44AD

22 June 2016 at 10:47

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, the 20th June, 2016Sub: Threshold Limit of tax audit under section 44AB and section 44AD – clarification regardingSection 44AB of the Income-tax

Posted in Income Tax | 5 comments | 12363 Views

Applicability of Amendments for Nov 2016 Final Exams

22 June 2016 at 10:47

Applicability of Standards/Guidance Notes/Legislative Amendments etc. for November, 2016 � Final ExaminationPaper 1: Financial Reporting I. Framework for the Preparation and Presentation of Financial Statements.II. Accounting StandardsAS No. AS

Posted in Exams | 20508 Views

Applicability of Amendments for IPC Nov 2016 Exams

22 June 2016 at 10:47

Applicability of Standards/Guidance Notes/Legislative Amendments etc. for November, 2016 – Intermediate (IPC) Examination Paper 1: AccountingAccounting StandardsAS 1 : Disclosure of Accounting PoliciesAS 2 : Valuation of InventoriesAS 3 : Cash

Posted in Exams | 9912 Views

Clarification regarding News Report of Arrest of Tax Defaulters

22 June 2016 at 10:47

Certain sections of the press have been carrying news reports today that Income Tax Department is going to arrest wilful defaulters of tax. In this regard, it is clarified that no such statement has been authorised by the Income-tax Department. Thoug

Posted in Income Tax | 3075 Views

Non applicability of MCA amendments in Nov 2016 CA Exams

21 June 2016 at 10:41

Non-applicability of Amendments made by MCA in the Companies (Accounting Standards) Rules, 2006 and Companies (Indian Accounting Standards) Rules, 2015 for November, 2016 Examination Any new AS or Ind AS or revised version of AS or Ind AS, notified b

Posted in Exams | 5307 Views

Major take aways from Annual conference of tax administrators

20 June 2016 at 10:41

"Rajswa Gyansangam- Annual Conference of Tax Administrators-2016”concludes; Major Take Aways from two day “Annual Conference of Tax Administrators-2016” include further improvement in Tax Payers Services by use of technology an

Posted in Income Tax | 2685 Views

FAQ for Chartered Accountants on responding to tender

20 June 2016 at 10:40

A notification published in Part III Section 4 of the Gazette of India: Extraordinary dated 7th April, 2016 has been issued by the Institute containing the guidelines on responding to tenders which can be viewed at http://www.icai.org/new_post.html?p

Posted in Professional Resource | 3333 Views