The Government has said that the time taken to register a company has been reduced to 48 hours. Similarly, issue of Director’s Identification Number (DIN) and name availability of company can now be done online within 24 hours. Giving this i
As per extant FDI policy, FDI, up to 26% is permitted, in the defence sector, with prior Government approval. Government has, further, interalia announced the following decisions:- (i) Amendment of certain conditions relating to FDI, up
The Institute of Cost Accountants of India organises National Seminar on Costing XBRL filing & Hands on Training on Filing of Cost Audit Report & Compliance Report in XBRL Wednesday, 5 December 2012 at GulMohar Hall, India
Government has imposed economy measures like rationalization of expenditure and optimization of available resources with a view to improve macroeconomic environment. These include a ban on holding of meetings and conferences at five star hotels, r
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
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
[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
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
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
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
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