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No change in the schedule for CA Examination May-2012
07 May 2012 at 10:08No.13-CA(Exams)/May, 2012/2 Enquires are being received as to whether the examination for the Paper - 4 of Professional Competence Examination (PCE) and Paper - 3 of Integrated Professional Competence Examination (IPCE) Cost Accounting and Finan
Income -Tax (5th Amendment) Rules, 2012- Insertion of Rule F
07 May 2012 at 10:08NOTIFICATION NO. 16/2012 [F. NO. 149/72/2011-SO (TPL)] DATED 30-4-2012 In exercise of the powers conferred by clause (47) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby ma
Stopping of Form 23AC and Form 23AC XBRL for fy starting on or after 01.04.2011
04 May 2012 at 17:01Please note that existing Form 23AC, Form 23ACA, Form 23AC-XBRL and Form 23ACA-XBRL can not be filed by those companies whose financial year is starting on or after 1.4.2011 as Revised Schedule VI is applicable for such period. New e-forms are und
Future Implementation of XBRL
04 May 2012 at 13:10The Ministry of Corporate Affairs has set up a Committee to develop the roadmap for future implementation of Extensible Business Reporting Language (XBRL). This Committee comprises of XBRL experts and representatives from the corporate sector as
Advisory Group for International Taxation and Transfer Pricing Constituted
03 May 2012 at 15:37An Advisory Group for International Taxation and Transfer Pricing has been constituted by Central Board of Direct Taxes , Department of Revenue, Ministry of Finance. The Group would comprise of the following members:- i. Revenue Secretary to
Clarification on Vodafone Tax Issue
02 May 2012 at 16:54A news report has appeared in the Financial Express, Delhi edition, 27th April, 2012 captioned “I-T didn’t warn Vodafone of tax burden or dispute deal format”. In this regard, the Central Board of Direct Taxes (CBDT) has issued t
Chairman CASB Communique, May 2012
02 May 2012 at 15:48Chairman CASB Communique, May 2012
MCA mandates updating of Income Tax PAN for obtaining DIN
02 May 2012 at 12:27General Circular No: 32/2011 dated 31/05/2011, 66/2011 Dated 4/10/2011, 70/2011 dated 15.12.2011 and 04/2012 dated 09.03.2012, Ministry of Corporate Affairs has mandated providing Income-tax Permanent Account Number (Income-tax PAN) for obtaining
ICWAI - President Communique - May, 2012
01 May 2012 at 12:07The value addition provided by a profession supplements and strengthens the statutory role which it normally plays under the legal framework by the government. ..
Compliance of Reporting Norms by Companies
01 May 2012 at 12:06The Minister of State in the Ministry of Corporate Affairs Shri R.P.N. Singh today informed the Rajya Sabha that the reporting norms comprises of annual reporting of financial results and state of affairs by companies in the format prescribed unde
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