CAclubindia News

Guidance note on audit of Bank

12 March 2008 at 11:22

GUIDANCE NOTE ON AUDIT OF BANKS (2008 Edn.)We are pleased to inform that a revised 2008 Edition of the Guidance Note on Audit of Banks has been released.The 2008 edition of the Guidance note has been divided into four distinct parts.Part I - Banking

Posted in Audit | 1 comments | 15246 Views

CA Job Corner.. A platform for interaction between industry and CAs

11 March 2008 at 14:01

Consideringthe overwhelming response that we have got for Article Trainee Corner.. CAclubindia launches a platform for interaction among Industry andChartered Accountants "CA Job corner"Click here to access the sameFeedback and Opinions are wel

Posted in Others | 1 comments | 4929 Views

I-T to Become Expeditious

08 March 2008 at 17:24

I-T to Become Expeditious After escorting in e-filing, the government is now set to revolutionize processing of returns. Jurisdiction-free processing of income-tax returns could be a reality soon, with the Finance Bill authorising the gove

Posted in Income Tax | 5124 Views

At Last Breather for CFA US.

04 March 2008 at 17:00

As you know, because the CFA Program is not registered with the AICTE, CFA Institute has not been accepting CFA Program registrations from within India. Earlier this month, we met with the AICTE in order to understand our options, and we have now sub

Posted in Others | 1 comments | 7794 Views

ISA - twice a year

04 March 2008 at 05:52

ICAI - AnnouncementInformation Systems Audit Assessment Test (ISA - AT) - Twice a YearItis notified that, in terms of the decision of the Council of theInstitute, Information Systems Audit Assessment Test (ISA-AT) willhenceforth be held twice a year

Posted in Students | 5670 Views

Aam admi gives "Thumbs-up" to the Union Budget

01 March 2008 at 17:01

Aam admi gives "Thumbs-up" to the Union BudgetThe 'aam admi' (common man) gave his thumbs-up to the Union Budget 2008-09, in which, apparently with an eye on elections, a large number of sops have been announced for the middle class and the far

Posted in Income Tax | 2919 Views

BCTT Withdrawn

29 February 2008 at 22:14

BCTT Withdrawn The Banking Cash Transaction Tax, which provided for a 0.1% levy on certain cash withdrawals from banks has been withdrawn.In the budget proposals for the fiscal year 2008-09, he said that no BCTT would be charged in respect

Posted in Income Tax | 1 comments | 11691 Views

Taxpayers may gain up to Rs 44,000 per year

29 February 2008 at 22:14

Taxpayers may gain up to Rs 44,000 per year A great news for the salaried with the

Posted in Income Tax | 5142 Views

Section 80C scope expanded

29 February 2008 at 22:09

Enlargement of the scope of eligible saving instruments under section 80C Section 80C of the Income-tax Act provides for a deduction of upto rupees one lakh to an individual or a Hindu undivided family (HUF) for,-(i) making investments in

Posted in Income Tax | 1 comments | 12033 Views

Now file returns on 30th September

29 February 2008 at 22:09

Advancement of due date from 31st October to 30th September in respect of certain categories of assessees.Section 139 provides for filing of return of income by certain categories of assessees. Due dates, for filing such return of income in respect o

Posted in Income Tax | 9105 Views