CAclubindia News

Model Tenancy Act to regulate renting of Premises announced in Budget

13 July 2019 at 11:32

Model Tenancy Act(MTA) to Promote Growth of Rental Housing Segment by Regulating Renting of Premises To Balance Interests of Owner & Tenant by Establishing Adjudicating Mechanism for Speedy Dispute Redressal Draft Model Tenancy Act(MTA), 2019 Iss

Posted in Union Budget | 1 comments | 4803 Views

Download Pre-filled XML available for ITR 1, 2, 3 and 4

13 July 2019 at 11:32

Taxpayers are requested to note the followings in connection with pre-filling of ITRs-1. Pre-filling of ITR is only for the taxpayer's convenience. Taxpayers should verify the pre-filled data carefully and add any other taxable income which is no

Posted in Income Tax | 1 comments | 9474 Views

CPT results of June 2019 to be declared on 18th July

12 July 2019 at 11:51

The results of the Common Proficiency Test (CPT) held in June 2019 are likely to be declared on Thursday, the 18th July 2019 at around 6.00 P.M. and the same will be available on the following websites:1. icaiexam.icai.org2. caresults.icai.org3. icai

Posted in Students | 10 comments | 7887 Views

ICAI announces changes in the CA Final course Corporate Law paper

11 July 2019 at 11:25

Detailed announcement chapter wise as to Inclusion/ Exclusion of topics from the scope of syllabus of Paper 4: Corporate and Allied Laws (Old Course)[in continuation of earlier announcement dated 3/7/19 ][I] Exclusion of topics from the scope of syll

Posted in Students | 7 comments | 15906 Views

Cabinet approves the Banning of Unregulated Deposit Schemes Bill, 2019

11 July 2019 at 11:25

Bill to be introduced in ensuing session of ParliamentThe Union Cabinet, chaired by the Prime Minister Narendra Modi has approved the banning of Unregulated Deposit Schemes Bill, 2019. It will replace the banning of Unregulated Deposit Schemes Ordin

Posted in Others | 1 comments | 4479 Views

No proposal to extend IT return date : Govt

10 July 2019 at 11:21

Government has recently changed Form 16 and Form 24 Q to bring more disclosures. In order to enable pre-filling of return of income of salaried taxpayers, the Government has amended Form No. 16 (certificate for tax deduction) and Form No. 24Q (quart

Posted in Income Tax | 1 comments | 36735 Views

Technology changes in Income Tax Department

09 July 2019 at 12:03

The Government is continuously taking several initiatives to enhance the technology back bone of the Income Tax Department (ITD). ITD is having a dedicated directorate called �Directorate of System� which handles the technology aspects of

Posted in Income Tax | 1 comments | 9888 Views

Few important takeaways from the Memorandum Finance Bill 2019

06 July 2019 at 13:40

Facilitating demerger of Ind-AS compliant companiesOne of the existing conditions for tax-neutral demergers is that the resulting company should record the property and the liabilities of the undertaking at the value appearing in the books of account

Posted in Union Budget | 1 comments | 4794 Views

Rs 1.5 lac tax incentive for affordable housing

05 July 2019 at 18:07

Tax incentive for affordable housing In order to provide an impetus to the �Housing for all� objective of the Government and to enable the home buyer to havelow-cost funds at his disposal, it is proposed to insert a new section 80EEA in t

Posted in Union Budget | 3 comments | 6105 Views

Compulsory electronic payments for business with turnover above 50 crore

05 July 2019 at 18:04

Mandating acceptance of payments through prescribed electronic modes In order to achieve the mission of the Government to move towards a less cash economy to reduce generation and circulationof black money and to promote digital economy, it is propos

Posted in Union Budget | 6069 Views