CAclubindia News
The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled
08 May 2012 at 10:58The online submission of ITR-1 (SAHAJ) for AY 2012-13 has been enabled
Conducting of AGM by Companies
08 May 2012 at 10:58The Companies Act, 1956 prescribes filing of a copy of the Balance Sheet and Annual Report after the AGM has been conducted, with the concerned Registrar of Companies. There is no requirement under the Companies Act requiring the Registrar of Comp
Furnishing of Misleading Information by Multinational Network Accounting Firms (MNAFs)
07 May 2012 at 17:28Furnishing of Misleading Information by MNAFs According to the information furnished by the Institute of Chartered Accountants of India (ICAI) a High Power Committee (HPC) appointed by them for examining the operation of Multinational Network Ac
Opening Remarks by FM on Finance Bill 2012
07 May 2012 at 17:28Opening Remarks made by the Finance Minister Shri Pranab Mukherjee at the beginning of the Discussion on Finance Bill 2012 The text of the Opening Remarks made by the Union Finance Minister Shri Pranab Mukherjee at the beginning of the discussio
No change in the schedule for CA Examination May-2012
07 May 2012 at 10:08No.13-CA(Exams)/May, 2012/2 Enquires are being received as to whether the examination for the Paper - 4 of Professional Competence Examination (PCE) and Paper - 3 of Integrated Professional Competence Examination (IPCE) Cost Accounting and Finan
Income -Tax (5th Amendment) Rules, 2012- Insertion of Rule F
07 May 2012 at 10:08NOTIFICATION NO. 16/2012 [F. NO. 149/72/2011-SO (TPL)] DATED 30-4-2012 In exercise of the powers conferred by clause (47) of section 10 read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby ma
Stopping of Form 23AC and Form 23AC XBRL for fy starting on or after 01.04.2011
04 May 2012 at 17:01Please note that existing Form 23AC, Form 23ACA, Form 23AC-XBRL and Form 23ACA-XBRL can not be filed by those companies whose financial year is starting on or after 1.4.2011 as Revised Schedule VI is applicable for such period. New e-forms are und
Future Implementation of XBRL
04 May 2012 at 13:10The Ministry of Corporate Affairs has set up a Committee to develop the roadmap for future implementation of Extensible Business Reporting Language (XBRL). This Committee comprises of XBRL experts and representatives from the corporate sector as
Advisory Group for International Taxation and Transfer Pricing Constituted
03 May 2012 at 15:37An Advisory Group for International Taxation and Transfer Pricing has been constituted by Central Board of Direct Taxes , Department of Revenue, Ministry of Finance. The Group would comprise of the following members:- i. Revenue Secretary to
Clarification on Vodafone Tax Issue
02 May 2012 at 16:54A news report has appeared in the Financial Express, Delhi edition, 27th April, 2012 captioned “I-T didn’t warn Vodafone of tax burden or dispute deal format”. In this regard, the Central Board of Direct Taxes (CBDT) has issued t
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