CAclubindia News

Switchover from old to new CS syllabus

19 September 2016 at 11:32

ATTENTION STUDENTS! Important Announcement on Switchover from Professional Programme 2007(Old) Syllabus to 2012(New) SyllabusThe Council of the Institute in its meeting held on 17th September, 2016 decided as under :1. All 2007(Old) Syllabus Students

Posted in Students | 3 comments | 6639 Views

MVAT rates increased to 6%

17 September 2016 at 13:13

FINANCE DEPARTMENTMadam Cama Marg, Hutatma Rajguru ChowkMantralaya, Mumbai 400 032, dated the 16th September 2016NOTIFICATIONMAHARASHTRA VALUE ADDED TAX ACT, 2002. No. VAT. 1516/CR 123/Taxation-1.—In exercise of the powers conferred by sub-sect

Posted in VAT | 3 comments | 12660 Views

CBDT clarifies on taxpayers response to IDS 2016

16 September 2016 at 10:49

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 15th September, 2016Sub: CBDT clarifies unconfirmed reports on IDS 2016 Certain sections of the press have been speculating on the taxpayer response to

Posted in Income Tax | 5193 Views

Govt reiterates information shared under IDS will not be shared with any authority

16 September 2016 at 10:49

Government reiterates that information contained in a valid declaration under the Income Declaration Scheme, 2016 is confidential and shall not be shared with any authority. The Income Declaration Scheme, 2016 (the Scheme) provides an opportunity to

Posted in Income Tax | 2415 Views

Further instruction regarding Income Declaration Scheme

16 September 2016 at 10:49

Instruction No. 8 of 2016F.No.142/8/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of Revenue(Central Board of Direct Taxes)***New Delhi, the 15th September, 2016To,All The Principal Chief Commissioners of Income-taxSub.: The Income Declara

Posted in Income Tax | 3735 Views

Direct Tax Dispute Resolution Scheme can be availed upto 31st Dec

16 September 2016 at 10:31

Litigation is a scourge for a tax friendly regime. In order to reduce the pending litigation, the Direct Tax Dispute Resolution Scheme, 2016 (the Scheme) has come into force from 1st June, 2016 and can be availed up to 31st December, 2016. The Scheme

Posted in Income Tax | 2934 Views

PM reviews preparedness for rollout of GST

16 September 2016 at 10:31

Meeting taken by Prime Minister to review the preparedness for rollout of Goods and Services tax(GST) The Prime Minister held a meeting to review the preparedness for rollout for GST on 14th September, 2016. The meeting was attended by Union Finance

Posted in GST | 2937 Views

CBDT clarifies due date extension also applicable to Accounts audited under sec 44AB

15 September 2016 at 10:52

F. No. 225/195/2016-ITA IIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes North Block, New DelhiDated the 14th of September, 2016 Clarification req. u/s 119 of the Income-tax Act, 1961 dated 9th September 2016

Posted in Income Tax | 2 comments | 8304 Views

Clarifications on the Direct Tax Dispute Resolution Scheme, 2016

13 September 2016 at 11:07

F.No.142/11/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated: 12th September, 2016Clarifications on the Direct Tax Dispute Resolution Scheme, 2016The Direct Tax Dispute Resolution

Posted in Income Tax | 4134 Views

Direct and indirect tax collection increases by 15.03% and 27.5%

13 September 2016 at 11:07

Direct Tax Collections up to August, 2016 show an Increase of 15.03% over the net collections for the corresponding period last year; Till August 2016, 22.30% of the Budget Estimates of direct taxes for Financial Year 2016-17 has been achieved. The f

Posted in Income Tax | 2718 Views