Request to consider extension of due date of filing return i.e. September 30, 2009 on account of closure of banks on September 30, 2009 and consequent difficulty in remitting taxesThe ICAI has submitted a representation on September 30, 2009 to the C
GIFTS OF PROPERTY (GIFTS-IN-KIND) ABOVE VALUE OF RS. 50,000 TO BECOME TAXABLE FROM 1ST OCTOBER 2009 The Income Tax Act 1961 (the Act) has been amended with effect from 1st October 2009 to provide that any gift-in-kind, being an immovable property or
CBDT extends date of filing IT return filing from Sep 30, 2009 to Oct 31, 2009 for Pune, Sangli and Kolhapur No.402/92/2006-MC (20 of 2009) Government of India / Ministry of FinanceDepartment of RevenueCentral Board of Direct Taxes*** New Delhi dated
MERGER OF FIRMS – SENIORITY/ FIRM NAME ISSUES To give boost to the capacity building of the Chartered Accountants firms, the Council in its 250th meeting held in April 2005 had approved a scheme envisaging merger of two or more firms of Charter
REPRESENTATION MADE FOR EXTENSION OF DUE DATE FOR FILING THE RETURN OF INCOMEDue to the fact that most of the establishments are virtually closed on account of festivals of Durga Pooja, Navratra’s and Dussehra, representations were received fro
Panel for outsourcing of work of Technical Scrutiny of Balance Sheets The Institute has received an Office Memorandum (OM) from the Ministry of Corporate Affairs. As per the OM, the Registrar of Companies will prepare a panel of professio
Amendment in Electronic Furnishing of Return of Income Scheme, 2007Notification No. 70/2009, dated 22-9-2009In exercise of the powers conferred by sub-section (1B) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct T
A. Procedure for preparation of returnDeductors' Manual for quarterly returnsDos and Don’ts for Deductors/CollectorsB. Forms Form 24Q Form 26Q Form 27Q Form 27EQ Form 27A C. The data structure1. New structure w.e.f October 01, 2009 File
Permission for pursuing a course along articleship [Regulations 65 & 78, Form 112] Attention of the students /articled assistants is drawn to Regulation 65 of the Chartered Accountants Regulations, 1988, reproduced below: -
Systems Audit of Mutual FundsCircular No. SEBI/IMD/CIR No. 8/176988/2009, dated 16-9-2009 Considering the importance of systems audit in the technology driven asset management activity, it has been decided that mutual funds shall have a systems audit
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