CAclubindia News

CBI arrests deputy commissioner and inspector of income tax dept

22 October 2014 at 10:46

The Central Bureau of Investigation has arrested a Deputy Commissioner and two Inspectors, all the three of Income tax Department in a bribery case. A case was registered against a Dy Commissioner of Income Tax, Karimanagar (Telangana) on the complai

Posted in Income Tax | 15 comments | 31443 Views

ICAI invites suggestions on Income-tax Returns (ITRs) and other forms notified under Income-tax Rules, 1962

22 October 2014 at 10:45

The Direct Taxes Committee of the ICAI is in the process of compiling suggestions on Income tax Return forms (ITRs) and other forms to be made applicable for Assessment year 2015-16. With regard to the same, suggestions are invited from the members.

Posted in Income Tax | 1 comments | 14250 Views

Streamlining the Procedure for Grant of Industrial Licenses

21 October 2014 at 11:23

Government of IndiaMinistry of Commerce & Industry Streamlining the Procedure for Grant of Industrial Licenses 1. Increasing the validity period of Industrial License As a measure of ease of doing business, henceforth two extensions of two yea

Posted in Others | 13305 Views

Bankruptcy Reforms Committee

21 October 2014 at 11:22

Government of IndiaMinistry of Finance The Hon'ble Finance Minster in his Budget Speech of 2014-15 announced that an Entrepreneur friendly legal bankruptcy framework would be developed for SMEs to enable easy exit. Pursuant to the above announc

Posted in Others | 10518 Views

Form ADT-1 available for filing

21 October 2014 at 11:22

Form ADT-1 for intimating appointment of Auditors, under section 139(1) of the Companies Act, 2013, by the companies is available for e-filing on the MCA website www.mca.gov.inunder company forms download with effect from 20thOctober 2014. Pursuant t

Posted in Corporate Law | 8 comments | 16683 Views

Collection of black money stashed abroad

20 October 2014 at 11:47

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesPress Release on the filing of I.A. No. 14 in WP(C) No. 176 of 2009 (Ram Jethmalani & Ors V. Union of India), by Union of IndiaUnion of India has filed I.A. N

Posted in Others | 4 comments | 15486 Views

Last date for filing TDS return extended in some states

17 October 2014 at 13:10

Last date of filing of the TDS/TCS Statements for the 2nd Quarter of Financial year 2014-15 for the deductors/collectors in the States of Andhra Pradesh, Jammu & Kashmir, Odisha & Telangana extended In view of the recent natural calamities in

Posted in Income Tax | 3 comments | 35703 Views

Dr. Arvind Subramanian appointed as Chief Economic Adviser

17 October 2014 at 10:45

The Appointments Committee of the Cabinet has approved the appointment of Dr. Arvind Subramanian as Chief Economic Adviser for a period of 3 years on contract basis, in the pay scale of Rs. 80000/- (fixed) from the date of appointment or till superan

Posted in Others | 13 comments | 17055 Views

CLSS scheme extended to 15 Nov

16 October 2014 at 12:20

General Circular No. 40/2014No. 02/13/2014 CL-VDated: 15.10.2014 Subject: COMPANY LAW SETTLEMENT SCHEME, 2014 (CLSS-2014) In continuation to the Ministry’s General Circular No. 34/2014 dated 12.08.2014 on the subject cited above, this Ministry

Posted in Corporate Law | 15156 Views

Launch of 100 Hours Advanced ITT course

16 October 2014 at 12:20

As per Regulation 29(c)(iv) of the Chartered Accountants Regulation 1988, students who have registered for Practical Training on or after August 1st, 2012 were required to complete Advanced IT Training before admission to the Final Examinati

Posted in Students | 20 comments | 34008 Views