CAclubindia News

TAX DEPT MUST ACCEPT COS' AUDITED ACCOUNTS: SC

25 September 2008 at 18:02

The Supreme Court has said the Income-Tax Department has to accept the authenticity of the accounts maintained in accordance with the provisions of the Companies Act and certified by the auditors. The assessing officer cannot go beyond the

Posted in Income Tax | 5 comments | 14001 Views

Certificate Course on Valuation

25 September 2008 at 13:51

Certificate Course on Valuation - (25-09-2008) The Council of the Institute of Chartered Accountants of India has, while appreciating the emerging diversities and complexities in valuation job, decided to launch Certifica

Posted in Others | 7026 Views

Relaxation from compulsory filing of E-return for representative assessee

25 September 2008 at 12:43

RELAXATION FROM COMPULSORY FILING OF E-RETURN OF INCOME FOR AY 2008-09 FOR REPRESENTATIVE ASSESSEE OF NON-RESIDENTSPRESS RELEASE, DATED 23-9-2008The Central Board of Direct Taxes, vide notification S.O. No. 752(E) dated 28.03.2008, inter-alia, notifi

Posted in Taxpayers | 18633 Views

ICAI TO TEACH AFRICAN, WEST ASIAN TAX LAWS

24 September 2008 at 18:06

The Institute of Chartered Accountants of India (ICAI) will soon offer an international course for students in Africa and West Asia. The curriculum will include local laws, particularly tax laws. The initiative aims to train its members and qua

Posted in Career | 4773 Views

Health cover a tax-saver, too

23 September 2008 at 16:19

Lest you forget, deduction possible under Sec 80D has gone up from this fiscal, When the finance ministry released a list of items that make it mandatory for the owner to file income-tax returns

Posted in Income Tax | 5076 Views

Morgan, Goldman biz model 'flawed'

20 September 2008 at 15:15

Wall Street's hammering of shares of Morgan Stanley and Goldman Sachs, the last two investment banks standing

Posted in Others | 5793 Views

Last date of filing of income-tax returns extended in Bihar

20 September 2008 at 14:43

The Central Board of Direct Taxes (CBDT) has extended the last date of filing of income-tax returns and obtaining of tax audit report, due by September 30, 2008, to November 30 in Bihar in view of the disruptions caused by floods in that State.

Posted in Income Tax | 10611 Views

MCA new forms issued

17 September 2008 at 16:48

Four Forms namely 20B, 21A, 23AC and 23ACA have been revised vide Notification NO: 655(E) dated 12-9-08. Revised Forms will come into force from 28th September 2008. Please refer to the Notification below. Further, new version of Additional att

Posted in Corporate Law | 10107 Views

NEW LAW FOR REMOVING TIME LIMIT ON DIVIDEND CLAIM

16 September 2008 at 12:55

The new company law proposes to remove the time limit for claiming dividend. The Companies Bill 2008 – recently cleared by the Cabinet and to be placed before Parliament soon – has removed the seven-year ceiling up to which unclaimed divi

Posted in Corporate Law | 9630 Views

MEF Application Form submission date extended to 6th Oct for 2008-09

15 September 2008 at 13:23

The last date for submission of application on the website www.meficai.org has been extended to 6th October, 2008 and the last date for receipt of duly signed hard copy of declaration (alongwith the acknowledgement of soft submission of application)

Posted in Audit | 1 comments | 6495 Views