CAclubindia News

Compliance Under Service Tax - 2012-13 - Bank Audit

30 March 2012 at 10:17

The compliance under service tax provisions post Finance Bill 2012 may need clarity on 3 aspects which are discussed as under: I. Small Service Provider Exemption The basic exemption is available to the CA whose taxable services in 2011-12 d

Posted in Audit | 1 comments | 41895 Views

ICAI e-Journal (April 2012)

30 March 2012 at 10:17

ICAI e-Journal (April 2012)

Posted in Others | 3 comments | 11487 Views

Submission of ITR-V for A.Y. 2011-12 has been extended upto 31.03.2012

30 March 2012 at 10:17

The due date for submission of ITR-V for A.Y. 2011-12 has been extended upto 31.03.2012 or 120 days from the date of upload whichever is later (with no further extension likely).

Posted in Income Tax | 7329 Views

CENVAT Credit (Fourth Amendment) Rules, 2012

29 March 2012 at 16:04

[TO BE PUBLISED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB SECTION (i)] Government of India Ministry of Finance Department of Revenue Notification No. 21/2012 – Central Excise (N.T.) New Delhi, the 27th March, 2012

Posted in Excise | 23385 Views

Clarification on Point of Taxation Rules - regarding

29 March 2012 at 16:03

Circular No.154/5/ 2012 – ST FNo 334/1/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated: 28th March 2012 To Chief Comm

Posted in Service Tax | 3 comments | 15909 Views

Payment of arrears from Cenvat Credit earned at a later date

29 March 2012 at 16:03

Circular No.962/05/2012-CX F.No.267/96/2009-CX8 Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) New Delhi, dated the 28th March, 2012 To, All Director Generals, All Chief Commission

Posted in Excise | 8238 Views

Tax Concession on Education Loan

28 March 2012 at 15:08

Section 80E of the Income Tax Act, 1961 provides for a deduction to an assessee (being an individual), out of his income chargeable to tax, on account of any amount paid by him in the previous year by way of interest on loan taken by him from any fi

Posted in Income Tax | 4 comments | 15123 Views

Schedule of CWA Campus Placement for December 2011 final qualified

28 March 2012 at 15:08

Campus Placement Schedule S.No. Place Date Venue Particpating Companies Criteria (If any)

Posted in Students | 11397 Views

Prosecution for Concealing Income

28 March 2012 at 15:08

Prosecution for Concealing Income Income Tax Department receives information from various sources including from foreign governments under the Double Taxation Avoidance Agreement (DTAA). Whenever such information is received, it i

Posted in Income Tax | 1 comments | 6693 Views

Public sector general insurance companies not to charge service tax on cashless hospitalization claims

27 March 2012 at 15:23

Public Sector General Insurance Companies do not charge Service Tax on Cashless Hospitalization claims. However, hospitals were charging Service Tax on Cashless Hospitalization from 01.07.2010 to 30.04.2011 as per the provisions of the Finance Act

Posted in Service Tax | 1 comments | 7872 Views