CAclubindia News

CBEC exceeds target in recovering arrears of revenue

14 May 2008 at 11:03

The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher

Posted in Custom | 8661 Views

Post Budget notifications giving effect to prov of Finance Act 08

13 May 2008 at 11:17

The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued s

Posted in Income Tax | 7731 Views

The Finance Bill, 2008 passed on 10th May 2008

12 May 2008 at 10:47

Posted in Corporate Law | 1 comments | 13779 Views

Download CA Final May 2008 question papers

11 May 2008 at 14:19

To download 1st group CA Final May 2008 question papers click on the links below :Q paper Accounts Final may 08Q paper Mafa Final may 08Q paper Audit Final may 08Q paper Law Final may 08Costing May 08 Q paper FinalDirect tax May 08 Q paper FinalIndir

Posted in Students | 1 comments | 50157 Views

Comodities transaction tax to come into force by July

07 May 2008 at 14:12

The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the

Posted in Others | 4557 Views

Expect lobbying for perpetual STPI to continue

03 May 2008 at 16:33

Author : C Chitti Pantulu/DNA-Daily News & Analysis Brokerages and analysts are reworking their numbers to re-rate IT counters following the government's decision to extend the Software Technology Parks of India (STPI) scheme for one more year. Finan

Posted in Income Tax | 4095 Views

ICAI Board Okays AS-32

02 May 2008 at 16:23

ICAI BOARD OKAYS AS-32 The ICAI’s Accounting Standards Board (ASB) has cleared the proposed accounting standard on disclosure of ‘financial instruments’ (AS-32). This standard would now be considered for final approval by

Posted in Accounts | 5871 Views

CLARIFICATION ON TDS ON SERVICE TAX ON RENT U/S 194 -I

02 May 2008 at 14:35

Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I of the Income-tax ActCIRCULAR NO. 4/2008, DATED 28-4-2008 Representations/letters have been received in the Board seeking clarificati

Posted in Income Tax | 2 comments | 10476 Views

No change in exam schedule

02 May 2008 at 14:35

ICAI - Announcement No Change in Examination Schedule of Ma

Posted in Students | 1 comments | 6516 Views

Ammendment - Sec 40(a) (ia)

01 May 2008 at 17:36

Sec 40 (a) (ia) ammendment retrospectively to allow deduction of expenses in case TDS of Mar month not paid in time but paid before due date of return

Posted in Income Tax | 6 comments | 16392 Views