Transportation of Passengers and Goods by Indian Railways Exempted from Service Tax for Three Months The Ministry of Finance has issued a notification today which states that the Central Government, on being satisfied that it is necessary in the
Central Board of Direct Taxes (CBDT) has issued a notification S.O. 626(E) dated 28th March 2012 vide which e-Filing has been made compulsory for Assessment Year 2012-13 onwards for an individual or a Hindu undivided family, if hi
The wheel of progress in a professional body is set in motion by the Council and the President is the facilitator who implements the policies and action plans dictated by the strategies formulated by the collective wisdom of the Council.
The process of organizing the 12th ICSI National Award for Excellence in Corporate Governance 2012 has commenced. The Award which was instituted in the year 2001 by the Institute of Company Secretaries of India aims to identify corporates which be
Filing of Cost Audit Report (Form-I) and Compliance Report (Form-A) in the eXtensible Business Reporting Language (XBRL) mode
Extension of time in Filing of annual return by Limited Liability Partnerships(LLPs) The Ministry vide circular No. 15/2012 dated 29-06-2012 has extended the time limit for filing of Annual Return by LLPs for financial year ended on 31-03-2012
The Central Board of Direct Taxes (CBDT), Ministry of Finance has invited comments/suggestions on the Draft Guidelines regarding implementation of General Anti Avoidance Rules (GAAR) in terms of Section 101 of The Income Tax Act, 1961.The Draft GA
ICAI - President's Message - July 2012
Report of Parliamentary Standing Committee on Finance on The Companies Bill, 2011 Presented
Background The Chairman, CBDT, Vide OM F.NO. 500/111/2009-FTD-1 Dated 27 February, 2012 constituted a Committee under the Chairmanship of the Director General of the Income Tax (International Taxation) to give recommendations for formulating th