CAclubindia News

Clarification on Point of Taxation Rules - regarding

29 March 2012 at 16:03

Circular No.154/5/ 2012 – ST FNo 334/1/2012- TRU Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs Tax Research Unit Room No 146, North Block, New Delhi Dated: 28th March 2012 To Chief Comm

Posted in Service Tax | 3 comments | 15909 Views

Payment of arrears from Cenvat Credit earned at a later date

29 March 2012 at 16:03

Circular No.962/05/2012-CX F.No.267/96/2009-CX8 Government of India Ministry of Finance Department of Revenue (Central Board of Excise & Customs) New Delhi, dated the 28th March, 2012 To, All Director Generals, All Chief Commission

Posted in Excise | 8235 Views

Tax Concession on Education Loan

28 March 2012 at 15:08

Section 80E of the Income Tax Act, 1961 provides for a deduction to an assessee (being an individual), out of his income chargeable to tax, on account of any amount paid by him in the previous year by way of interest on loan taken by him from any fi

Posted in Income Tax | 4 comments | 15120 Views

Schedule of CWA Campus Placement for December 2011 final qualified

28 March 2012 at 15:08

Campus Placement Schedule S.No. Place Date Venue Particpating Companies Criteria (If any)

Posted in Students | 11391 Views

Prosecution for Concealing Income

28 March 2012 at 15:08

Prosecution for Concealing Income Income Tax Department receives information from various sources including from foreign governments under the Double Taxation Avoidance Agreement (DTAA). Whenever such information is received, it i

Posted in Income Tax | 1 comments | 6693 Views

Public sector general insurance companies not to charge service tax on cashless hospitalization claims

27 March 2012 at 15:23

Public Sector General Insurance Companies do not charge Service Tax on Cashless Hospitalization claims. However, hospitals were charging Service Tax on Cashless Hospitalization from 01.07.2010 to 30.04.2011 as per the provisions of the Finance Act

Posted in Service Tax | 1 comments | 7872 Views

Training institutes to register themselves either as a company under the companies act, 1956 or as a society/trust

27 March 2012 at 15:22

The Insurance Regulatory and Development Authority (IRDA) has informed that as per the new guidelines dated 07.12.2011, all new applicants have to register themselves either as a company under the Companies Act, 1956 or as a Society/Trust. For the

Posted in Others | 6087 Views

No proposal to shift the insurance sector to a paperless model

27 March 2012 at 15:21

Insurance Regulatory and Development Authority (IRDA) has reported that there is no proposal to shift the insurance sector to a paperless model. The insurance companies could continue to issue paper insurance policies. However, where an insurer is

Posted in Others | 3333 Views

Expert Panel for Addressing Queries arising during Bank Branch Audits for year ending 31st March 2012

27 March 2012 at 15:20

FOR THE ATTENTION OF THE MEMBERS EXPERT PANEL FOR ADDRESSING QUERIES ARISING DURING BANK BRANCH AUDITS FOR YEAR ENDING 31ST MARCH 2012 Dear Members, The bank audit season is around the corner. Given the fact that the banking industry is typic

Posted in Others | 7542 Views