CAclubindia News
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
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
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
ICAI invites suggestions on Income-tax Returns (ITRs) and other forms notified under Income-tax Rules, 1962
22 October 2014 at 10:45The Direct Taxes Committee of the ICAI is in the process of compiling suggestions on Income tax Return forms (ITRs) and other forms to be made applicable for Assessment year 2015-16. With regard to the same, suggestions are invited from the members.
Streamlining the Procedure for Grant of Industrial Licenses
21 October 2014 at 11:23Government of IndiaMinistry of Commerce & Industry Streamlining the Procedure for Grant of Industrial Licenses 1. Increasing the validity period of Industrial License As a measure of ease of doing business, henceforth two extensions of two yea
Bankruptcy Reforms Committee
21 October 2014 at 11:22Government of IndiaMinistry of Finance The Hon'ble Finance Minster in his Budget Speech of 2014-15 announced that an Entrepreneur friendly legal bankruptcy framework would be developed for SMEs to enable easy exit. Pursuant to the above announc
Form ADT-1 available for filing
21 October 2014 at 11:22Form ADT-1 for intimating appointment of Auditors, under section 139(1) of the Companies Act, 2013, by the companies is available for e-filing on the MCA website www.mca.gov.inunder company forms download with effect from 20thOctober 2014. Pursuant t
Collection of black money stashed abroad
20 October 2014 at 11:47Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesPress Release on the filing of I.A. No. 14 in WP(C) No. 176 of 2009 (Ram Jethmalani & Ors V. Union of India), by Union of IndiaUnion of India has filed I.A. N
Last date for filing TDS return extended in some states
17 October 2014 at 13:10Last date of filing of the TDS/TCS Statements for the 2nd Quarter of Financial year 2014-15 for the deductors/collectors in the States of Andhra Pradesh, Jammu & Kashmir, Odisha & Telangana extended In view of the recent natural calamities in
Dr. Arvind Subramanian appointed as Chief Economic Adviser
17 October 2014 at 10:45The Appointments Committee of the Cabinet has approved the appointment of Dr. Arvind Subramanian as Chief Economic Adviser for a period of 3 years on contract basis, in the pay scale of Rs. 80000/- (fixed) from the date of appointment or till superan
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