CAclubindia News

New Norms for XBRL Filing

30 April 2013 at 17:50

New norms have been put in place for Extensible Business Reporting Language (XBRL) filing with effect from 6th October, 2011 for select class of companies. For the financial years 2010-11 and 2011-12 a total of 2,90,39 and 2,57,86 companies respe

Posted in Corporate Law | 1 comments | 21333 Views

The tax payer should be seen as an important partner in generating revenue for all our National Endeavours, says President

30 April 2013 at 10:43

The President of India, Shri Pranab Mukherjee attended the Valedictory Ceremony of the 65th Batch of Indian Revenue Services today (April 29, 2013) at Nagpur. Speaking on the occasion the President said tax collection is neither a simple nor pop

Posted in Others | 5184 Views

Date sheet for CA IPCC and CA Final Exam for May 2013

29 April 2013 at 12:20

CA final exams will be started from 2nd May 2013 and ended on 16th May 2013 CA IPCC will be started from 3rd May and ended on 15th May 2013 CA IPCC Exam Date Sheet for May 2013 Date May 2013 Day Exam

Posted in Students | 4 comments | 91692 Views

ITOUs set up in Indian Missions abroad to unearth black money

27 April 2013 at 11:50

Income Tax Overseas Units have been set up in Indian Missions abroad as part of efforts to unearth black money. Tax Officers at the level of First Secretary are being posted to Income-tax Overseas Units (ITOUs) in Indian Missions abroad to maint

Posted in Income Tax | 1 comments | 12468 Views

Tax Foregone Statement

27 April 2013 at 11:48

The salient features of the Tax Forgone Statement issued by the Government are as under: • This Statement seeks to list the revenue impact of tax incentives or tax subsidies that are a part of the tax system of the Central Governm

Posted in Income Tax | 11013 Views

Penal Provisions on Service Tax Evasion Cases

27 April 2013 at 11:44

The cases of service tax evasion have increased during the recent time. The details are as under: Year No. of cases detected Service tax evasion involved (Rs. in crores) 2010-11

Posted in Service Tax | 15138 Views

PNGRB reference on compliance with AS 17 by CGD entities

26 April 2013 at 11:52

The Petroleum and Natural Gas Regulatory Board (PNGRB), entrusted with the duties, interalia, of regulating the transportation rate for city or local natural gas distribution networks or common or contract carrier pipelines, has recently informed

Posted in Accounts | 8817 Views

Special Task Force Constituted in the SFIO to Investigate-The Affairs of Certain Chit Fund Companies

26 April 2013 at 11:51

The Ministry of Corporate Affairs has taken note of the misuse by certain “Chit Fund Companies” who have raised huge sums of money from the public at large. The State Governments are the appropriate authorities for regulation of such c

Posted in Corporate Law | 6312 Views

Date for filing the ST-3 return, for the period from Oct'12 to March'13 has been extended from 25th Apr, 2013 to 31st August, 2013

24 April 2013 at 11:05

F.No.137/99/2011-Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise & Customs *** New Delhi, dated the 23rd April, 2013 Order No: 03/2013-Service Tax In exercise of the p

Posted in Service Tax | 5 comments | 17895 Views