CAclubindia News


New Scheme for ECB Borrowings Introduced

   26 June 2012 at 11:32

Policy Relating to FII Investments in Government Securities and Long-Term Infrastructure Bonds Rationalized; The policies relating to FII Investments in Government Securities, Corporate Bonds, Long-Term Infra Bonds and ECB of Indian Companies an

Posted in Others  1 comments |   9708 Views


Details of Central Processing Centre (CPC)

   26 June 2012 at 11:31

In FY2012, CPC processed 1.32 crores returns, a 47% increase over FY 2011. Rectification requests received by CPC has dropped from over 10% of returns filed in AY08-09, to 6.5% in AY 09-10, to 3.8% in AY 10-11 and further to just about 2.9% in AY

Posted in Income Tax  6 comments |   23127 Views


Imposing fees on certain e-forms filed with ROC, RD or MCA(HQ) under MCA-21 where at present no fee is prescribed

   26 June 2012 at 11:23

General Circular No. 14/2012 F.No. 17/187/2011 CL.V Government of India Ministry of Corporate Affairs CL V Section 5th Floor, A Wing, Shastri Bhavan, Dr. R.P. Road, New Delhi Dated 21st June, 2012 To All Regional Directors, All Registrar of Co

Posted in Corporate Law |   7656 Views


Filling of online application form for ITO / ITI DE 2012

   26 June 2012 at 11:23

Filling of online application form for ITO / ITI DE 2012

Posted in Income Tax  1 comments |   25338 Views


Clarification regarding exemption from DE for ITIs

   26 June 2012 at 11:22

Clarification regarding exemption from DE for ITIs

Posted in Income Tax |   5718 Views


RBI announces Further Liberalisation Measures for Capital Account Transactions

   25 June 2012 at 16:52

The Reserve Bank of India (RBI), in consultation with the Government of India has decided to introduce the following measures with immediate effect: It has been decided to allow Indian companies in manufacturing and infrastructure sector and hav

Posted in Others |   6720 Views


ICAI requests CBDT to review the ITR forms vis-a-vis Revised Schedule VI

   25 June 2012 at 11:32

The Ministry of Corporate Affairs (MCA) has notified the Schedule VI (Revised) which is applicable in respect of Balance Sheet and Profit and Loss Account prepared for the financial year commencing on or after 1.4.2011. The Revised Schedule VI had

Posted in Income Tax |   10893 Views


Guidelines for setting up and conversion of firms of PCS into LLPs

   25 June 2012 at 11:32

GUIDELINES FOR SETTING UP AND CONVERSION OF FIRMS OF PCS INTO LLPs In exercise of powers conferred by Clause (1) of Part II of Second Schedule to the Company Secretaries Act, 1980 (56 of 1980), as amended by the Company Secretaries (Amendment) Ac

Posted in Corporate Law |   5793 Views


Extending due date for filing Form 49C for the Financial Year 2011-12 - regarding

   25 June 2012 at 11:31

F.No.225/124/2012/ITA.II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, the 20thJune 2012. Order under Section 119 of the Income Tax Act, 1961- extending due date for filing Form 49C for th

Posted in Income Tax |   14775 Views


Adjustment Of Refunds Against Arrears: CBDT Circular

   25 June 2012 at 11:31

SECTION 119 OF THE INCOME-TAX ACT, 1961 - INCOME-TAX AUTHORITIES - INSTRUCTIONS TO SUBORDINATE AUTHORITIES - AUTHORIZATION OF AOs IN CERTAIN CASES TO RECTIFY/RECONCILE DISPUTED ARREAR DEMAND CIRCULAR NO. 4 OF 2012 DATED 20-6-2012 The Board has

Posted in Income Tax |   12021 Views