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Discussion Paper on the Conceptual Framework issued by IASB

   19 September 2013 at 11:15

The Conceptual Framework sets out the concepts that underlie the preparation and presentation of financial statements. It identifies principles for the IASB to use when it develops and revises its IFRSs. The International Accounting Standards Boar

Posted in Accounts  1 comments |   9786 Views


Net Direct Tax Collections for 2013-14, up to 17th September 2013 Shows A Growth of 12.5% and Stood At Rs. 2,38,325 Crore as against Rs. 2,11,641 Crore in the Same Period Last Year

   19 September 2013 at 11:15

Net direct tax collections for the current F.Y. 2013-14, up to 17th September 2013, stood at Rs. 2,38,325 crore as against Rs. 2,11,641 crore in the same period last year showing a growth of 12.5%. Corporate tax collections are Rs. 1,46,610 crore as

Posted in Income Tax  1 comments |   7527 Views


Ad-hoc exemption order for taxable service provided by the hotel or restaurant in the flood affected State of Uttarakhand

   18 September 2013 at 16:30

F.No.354/182/2013-TRU Government of India Ministry of Finance Department of Revenue Tax Research Unit ***** New Delhi, 17th September, 2013 AD-HOC EXEMPTION ORDER NO.1/1/2013 Whereas the recent floods and landslides has caused ex

Posted in Service Tax  2 comments |   8481 Views


Customs Duty on Articles of Jewellery and of Goldsmiths or Silversmiths' Wares Revised from 10 % to 15%

   18 September 2013 at 11:20

As part of measures to contain the current account deficit, the customs duty on gold has been revised upwards periodically in the past two years. Prior to 17th January 2012, the import duty on standard gold (of purity 99.5% & above) was Rs. 300

Posted in Custom  2 comments |   11340 Views


CMA-Notification regarding Mode of Payment for getting admission / registration / enrollment to the Foundation / Intermediate/ Final Course

   18 September 2013 at 11:20

THE INSTITUTE OF COST ACCOUNTANTS OF INDIA (Statutory Body under an Act of Parliament) CMA Bhawan, 12, Sudder Street, Kolkata-700016 NOTIFICATION No. CMA(12)/2013 September 16, 2013 Sub: Mode of Payment It is hereby notified for general informat

Posted in Others  5 comments |   12237 Views


Arrest and Bail under Central Excise Act, 1944 - reg

   18 September 2013 at 11:19

Circular No. 974/08/2013-CX F. No. 4/2/2011-CX-1 Government of India Department of Revenue Central Board of Excise & Customs New Delhi ****** New Delhi, the 17th September 2013 To All Chief Commissioners of Central Excise & Cus

Posted in Excise  3 comments |   7668 Views


CBDT Extended Date for Filing of Applications by Electoral Trusts upto 30th November, 2013

   17 September 2013 at 18:34

The Central Board of Direct Taxes (CBDT) has permitted Electoral Trusts to file their applications upto 30th November, 2013 in respect of Assessment Year 2014-15 for approval under clause (22AAA) of Section 2 of the Income-tax Act, 1961 (read with P

Posted in Income Tax  2 comments |   10410 Views


Opening of the Bank Branches for accepting the advance tax challans for Income Tax and Corporate Tax on September 14 & 15, 2013

   14 September 2013 at 12:57

RBI/2013-2014/253 DGBA.GAD.No.H – 1739/42.01.029/2013-14 September 13, 2013 The Chairman & Managing Director/The Chief Executive Officer All Agency Banks Dear Sir/Madam, Opening of the Bank Branches for accepting the advance tax ch

Posted in Income Tax |   57999 Views


Record Management System at CPC, Bengaluru Receives ISO 15489-1:2000 Certification; Becomes First Organization in India and the World to Receive Such Certification

   14 September 2013 at 12:21

Centralized Processing Center (CPC), Bengaluru, the flagship project of Income Tax Department with M/s.Infosys Limited as the Managed Service Provider, was awarded “ISO 15489-1: 2001” certificate by British Standards Institution (BSI). W

Posted in Income Tax  2 comments |   49770 Views


The new Company law has the Potential to Unleash Huge Economic and Social Value - Sachin Pilot

   14 September 2013 at 12:21

Highlighting the important features of the Companies Act, 2013, the Minister of Corporate Affairs has said that the Act is the result of intensive consultative process by his Ministry with industry, professionals, corporates and other stakeholders.

Posted in Corporate Law |   55968 Views



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