CAclubindia News


Download CA Final May 2008 question papers

   11 May 2008 at 14:19

To download 1st group CA Final May 2008 question papers click on the links below :Q paper Accounts Final may 08Q paper Mafa Final may 08Q paper Audit Final may 08Q paper Law Final may 08Costing May 08 Q paper FinalDirect tax May 08 Q paper FinalIndir

Posted in Students  1 comments |   50187 Views


Comodities transaction tax to come into force by July

   07 May 2008 at 14:12

The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the

Posted in Others |   4569 Views


Expect lobbying for perpetual STPI to continue

   03 May 2008 at 16:33

Author : C Chitti Pantulu/DNA-Daily News & Analysis Brokerages and analysts are reworking their numbers to re-rate IT counters following the government's decision to extend the Software Technology Parks of India (STPI) scheme for one more year. Finan

Posted in Income Tax |   4098 Views


ICAI Board Okays AS-32

   02 May 2008 at 16:23

 ICAI BOARD OKAYS AS-32 The ICAI’s Accounting Standards Board (ASB) has cleared the proposed accounting standard on disclosure of ‘financial instruments’ (AS-32). This standard would now be considered for final approval by

Posted in Accounts |   5880 Views


CLARIFICATION ON TDS ON SERVICE TAX ON RENT U/S 194 -I

   02 May 2008 at 14:35

Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I of the Income-tax ActCIRCULAR NO. 4/2008, DATED 28-4-2008 Representations/letters have been received in the Board seeking clarificati

Posted in Income Tax  2 comments |   10482 Views


No change in exam schedule

   02 May 2008 at 14:35

  ICAI - Announcement   No Change in Examination Schedule of Ma

Posted in Students  1 comments |   6522 Views


Ammendment - Sec 40(a) (ia)

   01 May 2008 at 17:36

Sec 40 (a) (ia) ammendment retrospectively to allow deduction of expenses in case TDS of Mar month not paid in time but paid before due date of return

Posted in Income Tax  6 comments |   16395 Views


Chaotic tax axe on builders

   30 April 2008 at 01:01

Author : Monish Bhalla/DNA-Daily News & Analysis We are a real estate development firm which engages a contractor to construct residential societies. Prospective buyers pay us a booking advance on these residential units. Are we liable to pay servic

Posted in Service Tax  2 comments |   9699 Views


RBI issues norms regarding recovery agents

   29 April 2008 at 09:05

In view of the rise in the number of disputes and litigations against banks for engaging recovery agents in the recent past, it is felt that the adverse publicity would result in serious reputational risk for the banking sector as a whole.

Posted in Others |   6144 Views


Stamp duty payment to be made online

   29 April 2008 at 08:53

 Stamp duty payment to be made onlineThe government is all set to instigate a centralized electronic stamp duty payment and online vetting of charter of new companies, irrespective of the states where they are set up. Entrepreneurs will soon be

Posted in Others |   8088 Views