CAclubindia News

Vision-2021,ICAI

02 August 2007 at 11:34

A comprehensive Vision Document titled `ICAI Vision for the 21st Century' was released in 2002; comprising detailed vision and restructuring business plan for the Institute and the profession keeping 2010 as target year. Since then, the world economy

Posted in Others | 4689 Views

CAs ARE ALLOWED TO BE E-INTERMEDIARIES !!

01 August 2007 at 23:21

NOTIFICATION NO. 210/2007, DATED 27-7-2007 In exercise of the powers conferred by sub-section (1B) of sections 139 and 139D of the Income-tax Act, 1961 (43 of 1961) read with sub-rule (3) of rule 12 of the Income-tax Rules, 1962 and in supercession o

Posted in Income Tax | 5739 Views

Enhancement of articles assistant may be delayed to 14th August

01 August 2007 at 07:29

Vide Notification bearing no.1-CA(7)/102/2007(E) dated 26th April,2007, objections/suggestions were solicited on the draft amendmentsproposed in the Chartered Accountants Regulations, 1988, upto 11thJune, 2007 pertaining to said subject matters. Acco

Posted in Students | 5010 Views

Stay Of High Court

01 August 2007 at 04:26

Allahabad high court on Friday issue directions to Income Tax Department to accept the return on old salar forms 2-D in public interest case.For submitting reply on new forms two weeks time allowed.

Posted in Income Tax | 3825 Views

HC ADMITS WRIT ON NEW IT RETURN FORMS !

31 July 2007 at 23:33

Gujarat HC admits writ against new return form::ADMITTING the writ petition challenging the newly-introduced income-tax return forms as being arbitrary and unreasonable, the Gujarat High Court has issued notice to the Union of India. The bench compri

Posted in Income Tax | 5382 Views

People rush to file IT return on time

31 July 2007 at 11:59

With July coming to an end, taxpayers across the country have joined queues to beat the last date for filing returns. Thisyear the last date for filing income tax returns for the AssessmentYear 2007-08 for salaried and non-audit business cases is Jul

Posted in Income Tax | 3447 Views

Targets set-"VAT n STT data to trace Tax evasion!!!"

30 July 2007 at 07:10

NEW DELHI: If you are planning to buy a large quantity of shares in a blue-chip company, better get your account books right. The government may soon use the security transaction tax (STT) data to track cases of income tax evasion. The Central Board

Posted in VAT | 9306 Views

TRP's Vs CA's!!!!!!

30 July 2007 at 06:22

The government's much-touted scheme to certify Tax Return Preparers (TRPs) to feed a growing demand from taxpayers and assesses has got off to a shaky start in its first year. More than 3,700 TRPs trained for free by the government are still finding

Posted in Income Tax | 10314 Views

Employer did not deduct TDS..what to do??

29 July 2007 at 07:39

Employer does not credit TDS to Govt - Can it be recovered again from employee by Income Tax? No, says Bombay HC MUMBAI, JULY 26, 2007 : BEWARE your employer may run away with your TDS or refuse to give you a TDS certificate! What happens then? Here

Posted in Income Tax | 8895 Views

PROCEDURE FOR SELECTION OF CASES FOR `SCRUTINY' FOR NON-CORPORATE ASSESSEES

28 July 2007 at 10:24

PROCEDURE FOR SELECTION OF CASES FOR `SECRUTINY' FOR NON-CORPORATE ASSESSEES In supercession of earlier instructions on the above subject the Board herebylays down the following procedure for selection of returns / cases of Non-Corporate Assessees fo

Posted in Income Tax | 3 comments | 35658 Views