CAclubindia News

Lok Sabha passes the Finance Bill,2016

06 May 2016 at 12:04

Lok Sabha passes the Finance Bill,2016 Please refer to the attached file for details

Posted in Income Tax | 5229 Views

Strict action taken against non performing tax officials

06 May 2016 at 10:49

Government takes strict action against defaulting/non performing tax officials/officers; For the First Time, 33 officials/officers including 7 Group ‘A’ officers prematurely retired for non-performance and 72 officers/officials including

Posted in Professional Resource | 1 comments | 5178 Views

Income arising from unlisted shares taxable under capital gains

06 May 2016 at 10:49

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 5th May, 2016Subject: Taxability of Income/Loss arising from Transfer of Unlisted Shares-reg.CBDT, vide order dated 2nd May, 2016 has given direction t

Posted in Income Tax | 4371 Views

Feedback of students on the Question paper of CA exams

05 May 2016 at 10:47

4th May, 2016It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held in May 2016, by e-mail at examfeedback@icai.in or by w

Posted in Exams | 5 comments | 20451 Views

CSR Spends on Swachh Bharat CESS

04 May 2016 at 11:26

As per Union Budget 2016-2017, the estimated amount to be collected from Swachh Bharat Cess during the year 2016-17 is Rs. 10,000 crores.

Posted in Corporate Law | 8625 Views

Reward of Rs 15 lac for informer of tax evasion

30 April 2016 at 15:44

Guidelines for Grant of Rewards to Informers of Tax Evasion The details with regard to guidelines in respect of rewards to informers of tax evasion are: Direct Taxes:- Any person who provides specific information with respect to evasion of direct ta

Posted in Income Tax | 6 comments | 19020 Views

Road Map for implementation of Indian Accounting Standards

30 April 2016 at 15:44

The Road Map for implementation of Indian Accounting Standards (Ind AS) for commercial Banks (Banks), Insurance Companies (Insurers) and Non-Banking Financial Companies (NBFCs) was announced on 18/01/2016 and implementation schedule is drawn as follo

Posted in Accounts | 1 comments | 15549 Views

ICAI - President's Message - May 2016

30 April 2016 at 10:56

The Indian accountancy profession has consolidated itself internationally to register its wise, strong and empowering global presence

Posted in Professional Resource | 3 comments | 10830 Views

CBDT releases detailed direct taxes data

29 April 2016 at 11:40

CBDT releases Direct Taxes DataPFA the enclosed attachment to view the detailed data on the following aspects as mentioned below:- Income Tax Department Time Series Data Financial Year 2000-01 to 2014-15 Income Tax Department PAN Allotment Statistics

Posted in Income Tax | 10989 Views

Govt invites suggestion on MAT framework for computation of book profit

29 April 2016 at 11:40

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 28th April, 2016Subject: Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income-tax Act, 1961 for

Posted in Income Tax | 6492 Views