CAclubindia News

SC wants separate account for F1 entertainment tax

22 October 2011 at 17:30

Jaypee Sports International Ltd, organizer of Indias first Formula One (F1) Grand Prix, was directed by the Supreme Court on Friday to deposit 25% of ticket sale receipts in a separate account. The court passed the interim order in

Posted in Community & General | 1 comments | 6555 Views

Sebi vigilance chief issues probity call

22 October 2011 at 17:30

The chief vigilance officer of Indias stock market regulator has sent an internal mail to all employees saying his office has been getting complaints alleging that some officers are in constant touch with others to settle cert

Posted in Community & General | 4905 Views

I-T's Rs 9-lakh reminder to Kejriwal

22 October 2011 at 12:58

The income tax (I-T) department has issued a fresh notice to Arvind Kejriwal, a former Indian Revenue Service officer and member of social activist Anna Hazare's team, asking him to pay Rs 9 lakh in dues to the department by the month-end. &qu

Posted in Income Tax | 3 comments | 7614 Views

LLP - Reminder for For filing Form 8 and Form 11

22 October 2011 at 11:29

All LLPs registered upto 30-September-2010 have to mandatorily close the financial year as on 31-03-2011 and file Form-11 by 30-May-2011 and Form-8 by 30- October-2011. LLPs registered from 01-10-2010 to 31-03-2011 have option either to close fi

Posted in Corporate Law | 13602 Views

Need for Better Co-Ordination Between Monetary and Fiscal Policies for Improving Overall Economic Stability and Growth : FM

22 October 2011 at 10:28

The Finance Minister Shri Pranab Mukherjee has said that the present global economic developments and more particularly the sovereign debt crisis of Europe has once again brought into focus the need for better co-ordination between monetary and fi

Posted in Community & General | 2571 Views

Finance ministry suggests reconciling accounting standards

21 October 2011 at 18:00

In a move that can help solve corporate litigation with the tax departments and mark a step forward in Indias commitment to implement International Financial Reporting Standards (IFRS), the finance ministry has suggested reconciliation of G

Posted in Community & General | 1 comments | 9102 Views

Observance of Vigilance Awareness Week as "Grievance Redressal Week"

21 October 2011 at 18:00

F.No. DGIT (Vig.)/PV/2010-11/VAP Date : 20.10.2011 To, All the CCsIT(CCA) Madam/Sir, Sub : Observance of Vigilance Awareness Week as Grievance Redressal Week - Reg. Ref : DO letter even number of DGIT (Vig.) dated 28.09.2011. Please

Posted in Income Tax | 1 comments | 5820 Views

Ashok Chawla takes oath as New Chairman of CCI

21 October 2011 at 12:29

Shri Ashok Chawla today took oath as New Chairman of the Competition Commission of India. He was administered the oath of the office by Union Corporate Affairs Minister Dr. M. Veerappa Moily in his Office. Shri Chawla has been the former Finance Sec

Posted in Corporate Law | 5172 Views

Extension of date of submission of service tax half yearly returns

20 October 2011 at 17:17

F. No. 137/99/2011 – Service Tax Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs *** New Delhi dated the 20th October 2011 ORDER NO. 1 /2011 – Service Tax In exercise of the p

Posted in Service Tax | 19 comments | 23781 Views

CBDT Makes Discussion Paper on Tax Accounting Standards Public

20 October 2011 at 17:17

The Central Board of Direct Taxes (CBDT) has made public the discussion paper on accounting standards, to be known as Tax Accounting Standards (TAS), for feedback from all concerned. The discussion paper is available on the following web-sites:

Posted in Income Tax | 6075 Views