CAclubindia News


Conducting of AGM by Companies

 08 May 2012 at 10:58

The Companies Act, 1956 prescribes filing of a copy of the Balance Sheet and Annual Report after the AGM has been conducted, with the concerned Registrar of Companies. There is no requirement under the Companies Act requiring the Registrar of Comp

Posted in Corporate Law |   1 comments |   8058 Views


Opening Remarks by FM on Finance Bill 2012

 07 May 2012 at 17:28

Opening Remarks made by the Finance Minister Shri Pranab Mukherjee at the beginning of the Discussion on Finance Bill 2012 The text of the Opening Remarks made by the Union Finance Minister Shri Pranab Mukherjee at the beginning of the discussio

Posted in Income Tax |   5748 Views


No change in the schedule for CA Examination May-2012

 07 May 2012 at 10:08

No.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

Posted in Students |   8766 Views


Income -Tax (5th Amendment) Rules, 2012- Insertion of Rule F

 07 May 2012 at 10:08

NOTIFICATION 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

Posted in Income Tax |   10221 Views


Stopping of Form 23AC and Form 23AC XBRL for fy starting on or after 01.04.2011

 04 May 2012 at 17:01

Please 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

Posted in Corporate Law |   1 comments |   13197 Views


Future Implementation of XBRL

 04 May 2012 at 13:10

The 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

Posted in Corporate Law |   9846 Views


Advisory Group for International Taxation and Transfer Pricing Constituted

 03 May 2012 at 15:37

An 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

Posted in Income Tax |   1 comments |   7305 Views


Clarification on Vodafone Tax Issue

 02 May 2012 at 16:54

A 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

Posted in Income Tax |   1 comments |   14655 Views


Chairman CASB Communique, May 2012

 02 May 2012 at 15:48

Chairman CASB Communique, May 2012

Posted in Community & General |   3597 Views


MCA mandates updating of Income Tax PAN for obtaining DIN

 02 May 2012 at 12:27

General 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

Posted in Income Tax |   1 comments |   11625 Views



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