CAclubindia News

MCA issues order regarding rotation of auditors

04 July 2016 at 10:44

Ministry of Corporate Affairs has issued Companies Third (Removal of Difficulty) Order, 2016, regarding applicability of the provisions of Rotation of Auditors as per Section 139 (2) of the Companies Act, 2013.PFA the enclosed attachment for more det

Posted in Corporate Law | 12948 Views

Govt assures complete confidentiality under income declaration scheme

04 July 2016 at 10:44

The Government has assured complete confidentiality to those declaring their income under the Income Declaration Scheme 2016.

Posted in Income Tax | 3249 Views

Government Notifies Rules regarding Fair market value

01 July 2016 at 11:17

Government Notifies Rules regarding Fair market value and reporting requirement for Indian concern - Indirect transfer provisions - section 9(1) of the Income-tax Act, 1961 Under section 9 of the Income-tax Act, 1961 (the Act), any income arising fr

Posted in Income Tax | 4512 Views

ICAI President's Message - July 2016

01 July 2016 at 11:17

Dear Professional Colleagues, Heartiest greetings on CA Day! I wish all of you a very happy CA Day. All arrangements have been made to celebrate the legacy of the Indian accountancy profession with great enthusiasm in the form of flag hoisting

Posted in Professional Resource | 4677 Views

CA day celebration at ICAI

30 June 2016 at 10:39

ICAI celebrates its Foundation Day as the Chartered Accountants’ Day on 1st July every year. This year, the Chartered Accountants’ Day Celebrations of the ICAI will be held on 1st July, 2016 in the `Plenary Hall’, Vigyan Bhawan, Mau

Posted in Professional Resource | 5 comments | 5997 Views

CBEC survey says 45 percent saw improvement in taxpayer services

30 June 2016 at 10:39

Tax payers Survey got conducted by Central Board of Excise & Customs (CBEC) for garnering a feedback on impact that reforms undertaken during the last two years; Responses showed that 45% of the respondents saw an attitudinal change in senior fun

Posted in Income Tax | 3 comments | 2787 Views

Cabinet approves Implementation of the recommendations of 7th Central Pay Commission

30 June 2016 at 10:39

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the

Posted in Community & General | 4203 Views

New TDS/TCS RPU and FVU versions released

29 June 2016 at 11:41

Due date for filing Quarterly TDS/TCS statement for Q1(April to June) of FY 2016-17 is July 31, 2016 for all the categories of Deductors/Collectors. Do submit quarterly TDS/TCS statement on or before due date to avoid late filing fee under section 23

Posted in Income Tax | 7 comments | 7509 Views

Further clarification issued on Income Declaration Scheme

28 June 2016 at 11:10

Page 1 of 4Circular No. 24 of 2016F.No.142/8/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated 27th of June, 2016Clarifications on the Income Declaration Scheme, 2016The Income Decl

Posted in Income Tax | 1 comments | 5022 Views