CAclubindia News

Scrip wise details of entering LTCG is optional in ITR says CBDT

22 July 2019 at 11:50

Schedule 112A and 115AD(1)(iii) of long term capital gain are provided in the Income Tax Return software as per the Instructions to the Notified ITR form and based on taxpayer feedback.Taxpayers have an option to either enter the Scrip wise details o

Posted in Income Tax | 1 comments | 2565 Views

ICSI introduces OMR based examination for Executive Programme

22 July 2019 at 07:58

OMR BASED EXAMINATION IN THREE SUBJECTS OF CS EXECUTIVE PROGRAMME(OLD SYLLABUS � 2012 AND NEW SYLLABUS�2017) )1. The Institute has been conducting OMR based Examination in the following three subjects of the CS Executive Programme (Old S

Posted in Students | 3723 Views

Two businessmen arrested in Gurgaon for fraudulent claim of ITC of 40 crores

22 July 2019 at 07:58

Gurugram Zone DGGI arrests two businessmen for fraudulent issuance of around Rs 40 crores of input tax creditGurugram Zonal Unit of the Directorate General of GST Intelligence (DGGI) has arrested two businessmen, namely, Sh. Anil Kumar Jain of M/s Ja

Posted in GST | 5 comments | 8745 Views

ICAI announces changes in the syllabus of Foundation course

22 July 2019 at 07:58

Exclusion of Annuity Method, Sinking Fund Method and Provision for Repairs fromChapter 5 of Paper 1: Principles and Practice of Accounting Foundation CourseIt has been observed that ‘Annuity method’, ‘Sinking Fund Method’ and

Posted in Students | 8676 Views

GST Composition CMP-08 return date extended to 31st July

19 July 2019 at 10:21

[To be published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i)]Government of IndiaMinistry of Finance(Department of Revenue)Central Board of Indirect Taxes and CustomsNotification No. 34/2019 - Central TaxNew Delhi, the

Posted in GST | 1 comments | 9363 Views

Pass Percentage of CPT exam held on June 16, 2019

18 July 2019 at 16:53

The Institute of Chartered Accountants of India (ICAI) today announced the result of Common Proficiency Test (CPT) exam held on June 16, 2019.The result analysis of the CPT Examination in terms of total pass percentage & gender wise details are m

Posted in Students | 9 comments | 18747 Views

CPT June'19 results declared

18 July 2019 at 14:09

Results of the Common Proficiency Test (CPT) held in June 2019 declared.Click the below-mentioned sites to check your results icaiexam.icai.org caresults.icai.org icai.nic.in

Posted in Students | 3 comments | 5118 Views

CBDT clarifies no major changes have been introduced in the ITR-2 and ITR-3

17 July 2019 at 12:31

CBDT issues clarification on incorrect reports in social media pertaining to difficulty in filing of Income Tax ReturnsCentral Board of Direct Taxes (CBDT) has said today that no changes have been made in any of the Income-tax Return (ITR) forms incl

Posted in Income Tax | 10 comments | 21603 Views

DGGST arrests a person for fraudulently claiming ITC of over 5.06 crores

17 July 2019 at 12:31

The Directorate General of GST Intelligence (DGGI),Gurugram Zonal Unitarrests one person for taking ITC fraudulently to the tune of more than Rs 5.06 Crore The Directorate General of GST Intelligence (DGGI),Gurugram Zonal Unit, Gurugram has arrested

Posted in GST | 4 comments | 10302 Views

Impact of GST on Apparel Sector

13 July 2019 at 15:02

GST incidence of taxes on these goods. To reduce the cost of garment industry, GST rate on manmade fibre yarns has been reduced from 18% to 12%. Further, the refund of accumulated input tax credit on fabrics has also been allowed to reduce cost of fa

Posted in GST | 7320 Views