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ICAI - President's Message - November 2014
01 November 2014 at 10:15The recently launched Clean India Mission by our Government not only aims at correcting the country's reputation for poor public hygiene and rudimentary sanitation but also promises a positive economic impact.
FM asks IT dept to focus on domestic black money
31 October 2014 at 10:09Finance Minister Asks the Senior Officers of the Income Tax Department not to Lose Sight of Domestic Black Money Keeping in view its Much Higher Magnitude and Chase Those Sectors Where its Most Prevalent; Reviews with Senior Officers of the Departmen
CBDT noticed 5,09,898 taxpayers have not filed ITR for AY 2014-15
30 October 2014 at 16:40CBDT has noticed that 5,09,898 taxpayers who have submitted an e-return for AY 2011-12 or 2012-13 or AY 2013-14 (Upto 20th October 2014) with returned Income of More than 10 Lakh or paid self assessment tax of more than / equal to one lakh (as per IT
CBDT notifies jurisdictions of Principal CITs and CITs
29 October 2014 at 10:55CBDT notifies jurisdictions of Principal CITs and CITs Detailed information has been attached herewith
New income tax dept website launched
28 October 2014 at 16:21New income tax dept website launched Detailed information has been attached herewith
FCRA regd association to incur exp above Rs 20000 in cheque
28 October 2014 at 11:37FCRA Department has issued a circular to incur expenditure above ` 20,000/- by cheque or draft. A copy of the circular has been enclosed herewith. The circular advises FC registered organisations to incur expenditure above ` 20,000/- by cheque or dra
Extension of Due date for filing Service Tax Return to 14th November, 2014
25 October 2014 at 16:02F.No.137/99/2011-Service TaxGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise & Customs***New Delhi, the 24th October, 2014 ORDER NO. 02/2014-SERVICE TAXIn exercise of the powers conferred by sub-rule (4) of rule
Merger of NSEL with Financial technologies
22 October 2014 at 10:46The Central Government has decided on the merger of National Spot Exchange Limited with its holding company Financial Technologies (India) Ltd., in public interest under Section 396 of the Companies Act, 1956. A draft order in this behalf has been is
Reporting on Internal Financial Control u/s 143 (3) (i) of the Companies Act, 2013
22 October 2014 at 10:46Reporting on Internal Financial Control u/s 143 (3) (i) of the Companies Act, 2013 has been deferred for one year i.e., up to 01.04.2015 CA. K. Raghu, President ICAI said , “I am happy to share that based on suggestions given by ICAI, Ministry
CBI arrests deputy commissioner and inspector of income tax dept
22 October 2014 at 10:46The Central Bureau of Investigation has arrested a Deputy Commissioner and two Inspectors, all the three of Income tax Department in a bribery case. A case was registered against a Dy Commissioner of Income Tax, Karimanagar (Telangana) on the complai
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