CAclubindia News

Web Based Status Tracking Facility Launched to Check Corruption in Income Tax Refunds

24 November 2012 at 11:45

Instances of alleged corruption for settlement of refund claims and complaints come to notice from time to time. Whenever any such instance or complaints comes to notice, the same is verified and if it is found to be correct, the concerned officer

Posted in Income Tax | 7 comments | 15969 Views

Details of search by IT department in India

24 November 2012 at 10:42

The Income tax Department conducts search and seizure operations based on the credible companies, association of ‘persons’ which includes individuals, hindu undivided families (HUFs), firms, companies, association of persons (AoPs), bo

Posted in Income Tax | 14979 Views

Announcement related to verification

23 November 2012 at 11:54

[No.13-CA(Exams)/WdngPlcy/2012 - November 16, 2012] In terms of the provisions of Regulation 39 (4) of the Chartered Accountants Regulations, 1988, the candidates of an examination conducted by the Institute have the facility to apply for verifi

Posted in Students | 1 comments | 13998 Views

Hon'ble Finance Minister compliments the Income Tax Department during CPC, Bangalore visit

23 November 2012 at 11:31

Hon’ble Finance Minister compliments the Income Tax Department during CPC, Bangalore visit. "I am greatly impressed by what has been created and put in place at the CPC. The CPC represents a technological leap for the I.T. Department. U

Posted in Income Tax | 8508 Views

Technical Panel to Firm up Views on Major IT Cases

23 November 2012 at 11:31

With a view to provide clarity on contentious legal issues, promote consistency of approach on a given issue and reduce litigation, the following institutional mechanism to formulate ‘Departmental View’ on contentious legal issues has

Posted in Income Tax | 4680 Views

National Judicial Reference System

23 November 2012 at 11:29

A workshop on the proposed "National Judicial Reference System” will be held on 23rd Nov 2012, 10:30AM in the office of the Directorate of Income Tax (Legal & Research) at 15th Floor Hindustan Times Building, Kasturba Gandhi Marg, N

Posted in Income Tax | 5979 Views

Due date of filling of e-forms 23AC(Non-XBRL) and 23ACA (Non XBRL) has been extended to 24.11.2012 without additional fees

23 November 2012 at 11:24

Due date of filing of e-forms 23AC(Non-XBRL) and 23ACA (Non XBRL) as per new schedule VI (applicable for the accounting year commencing on or after 1.4.2011 ) has been extended upto 24.11.2012 for Companies holding AGM or whose due date for holdin

Posted in Corporate Law | 1 comments | 13227 Views

Zone-shifting of candidates for December - 2012 CA - CPT

23 November 2012 at 11:22

Due to paucity of accommodation in some Zones opted by the candidates in the city of Chennai, some of the candidates have been allotted examination centre in other zone of the said city where the accommodation is available. In view of this, it is no

Posted in Students | 6822 Views

Direct Tax Collections of Rs.2,65,417 Crore made till 15th November, 2012 during the Current Financial Year 2012-13

23 November 2012 at 11:00

Direct Tax Collections of Rs.2,65,417 crore have been made till 15th November,2012 during the current Financial Year 2012-13. It is expected that the total Direct Tax Collections for F.Y. 2012-13 will exceed the collection for F.Y. 2011-12. The

Posted in Income Tax | 5916 Views

Reduction in Fiscal Deficit by increased Tax Collection

23 November 2012 at 10:37

The following steps are being taken by the Ministry to mobilize resources to increase tax collection in order to reduce fiscal deficit:- (A) Direct Taxes: (i) Monitoring of Advance Tax payment especially by top tax

Posted in Income Tax | 4794 Views