CAclubindia News

Exemption to specified persons from requirement of furnishing a return of income u/s 139(1) for AY 2012-13

20 February 2012 at 10:54

NOTIFICATION NO 9/2012, Dated February 17, 2012 In exercise of the power conferred by sub-section (IC) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Government hereby exempts the following class of persons, subject to th

Posted in Income Tax | 20775 Views

ICAI Requests Members to Share Hardship Being Faced with Regard to TDS Returns

20 February 2012 at 10:48

The Direct Taxes Committee of ICAI makes suitable representations to the Central Board of Direct Taxes or other appropriate bodies on various issues arising out of direct tax laws from time to time which are brought to the notice of the Committee

Posted in Income Tax | 2 comments | 7863 Views

CWA - First convocation and annual award function on First March 2012 at 11.30 A M

20 February 2012 at 10:47

The first convocation and annual award function of The Institute of cost Accountants of India will be held on First March 2012 at 11.30 A .M. at Science City Auditorium , Kolkata.

Posted in Career | 4 comments | 8607 Views

Income -Tax (Second Amendment) Rules, 2012 - Insertion of Rule 114DA and Form No.49C

18 February 2012 at 12:29

NOTIFICATION NO.5/2012[F.NO.142/25/2011-SO(TPL)] DATED 6-2-2012 S.O…………(E).- In exercise of the powers conferred by section 285 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Di

Posted in Income Tax | 14349 Views

Governance deficit and financial crisis

18 February 2012 at 12:28

Governance deficit and financial crisis (Address by G. Padmanabhan, Executive Director, at the Conference of the Kerala Management Association at Kochi on February 17, 2012) 1. It is always a pleasure to return to one's home state, that too

Posted in Others | 4359 Views

Financial Action Task Force (FATF) Approved the Revised Recommendations for Combating Money Laundering and Financing of Terrorism in its Plenary meeting in Paris

18 February 2012 at 12:28

The Plenary Meeting of Financial Action Task Force (FATF) being held in Paris approved the revised recommendations for combating money laundering and financing of terrorism. The plenary also discussed the fourth follow-up report on India’s p

Posted in Others | 4713 Views

CAASB releases Exposure Draft CAAS - 320

18 February 2012 at 11:05

Cost Audit and Assurance Standards Board of the Institute has approved the release of Exposure Draft of Cost Audit and Assurance Standard on Planning an Audit of Cost Statements (CAAS - 320). The proposed standard may be modified in light of comme

Posted in Audit | 5526 Views