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Investment Upto Rs. 20000/- In Longterm Infrastructure Bonds Allowed As Deduction U/S 80ccf Of Income Tax Act 1961

03 August 2010 at 17:23

Investment Upto Rs. 20000/- In Longterm Infrastructure Bonds Allowed As Deduction U/S 80ccf Of Income Tax Act 1961 The Finance Act, 2010 has inserted a new section 80CCF in the Income Tax Act, 1961, which provides that an amount upto the extent of

Posted in Income Tax | 5 comments | 20301 Views

Centralised Processing Centre (CPC) At Bangalore Performing Successfully - 26.99 Lakh Returns Processed And Over 3 Lakh Refunds Issued Till Date

03 August 2010 at 17:21

Centralised Processing Centre (CPC) At Bangalore Performing Successfully - 26.99 Lakh Returns Processed And Over 3 Lakh Refunds Issued Till Date Centralized Processing Centre (CPC) at Bangalore is performing successfully. Till date, 26.99 alkh re

Posted in Income Tax | 7230 Views

Announcement regarding services in service tax for November 2010 examinations

03 August 2010 at 15:28

Announcement regarding services in service tax for November 2010 examinations Important Announcement Applicability of services for November 2010 examinations:- Professional Competence Examination It is clarified that in Part –II : Serv

Posted in Students | 6 comments | 17724 Views

Procedure for application for Accounts Office Identification Number (AIN) for Government offices required to file Form 24G

03 August 2010 at 11:17

Procedure for application for Accounts Office Identification Number (AIN) for Government offices required to file Form 24G Introduction The Pay and Accou

Posted in Income Tax | 13206 Views

Tax SOPS for Industrial Parks

03 August 2010 at 11:04

Tax SOPS for Industrial Parks Section 80-IA [4 (iii)] of the Income Tax Act, 1961 provides for a tax holiday for 10 out of 15 years in respect of profits of any undertaking which develops, develops and operates or maintains and operates an industr

Posted in Income Tax | 4668 Views

Non-Compliance of Certain Provisions of The Companies Act by Owners of IPL Cricket Teams

03 August 2010 at 11:02

Non-Compliance of Certain Provisions of The Companies Act by Owners of IPL Cricket Teams The Government has said that preliminary information/reports have indicated non-compliance of certain provisions of the Companies Act, 1956 by owners of some

Posted in Corporate Law | 3186 Views

RBI releases Discussion Paper on Engagement of 'for-profit' Companies as Business Correspondents (BCs)

03 August 2010 at 10:51

RBI releases Discussion Paper on Engagement of 'for-profit' Companies as Business Correspondents (BCs) The Reserve Bank of India today released on its website, a Discussion Paper on "Engagement of 'for profit' Companies as Bus

Posted in Others | 5259 Views

ICWAI President's Communique - August 2010

03 August 2010 at 10:48

Presidents Communique August 2010 When someone like Lord Krishna, the master of Yoga & embodiment of knowledge, and a sincere devotee like Arjuna, come together, there shall be all kind of prosperity, victory, happiness & steady resolve, thi

Posted in Others | 2 comments | 3861 Views

LS passes Bill to replace Ulip Ordinance

03 August 2010 at 10:28

LS passes Bill to replace Ulip Ordinance The Lok Sabha on Monday passed a Bill to replace the Ulip Ordinance that seeks to set up a joint mechanism to address the issues of jurisdiction between the financial sector watchdogs after the government a

Posted in Others | 2868 Views

Due date for filing of income tax return extended till 04-Aug-2010

02 August 2010 at 10:17

Due date for filing of income tax return extended till 04-Aug-2010 The Central Board of Direct Taxes (CBDT) has decided to extend the due date of filing of income tax returns to 4th August 2010 for taxpayers for whom the due date ends today, which

Posted in Income Tax | 1 comments | 5496 Views