CAclubindia News

Higher TDS rate if PAN not disclosed

23 July 2008 at 17:46

Higher TDS rate if PAN not disclosed The move is being viewed as an effort by the government to expand the taxpayer base. Companies and individuals who do not reveal their Permanent Account Number (PAN) while receiving income from any sour

Posted in Income Tax | 13 comments | 8214 Views

IT returns to be filed without TDS certificates

19 July 2008 at 12:53

The Central Board of Direct Taxes have vide notification S.O.No.752(E) dated 28.3.2008, notified the return forms for the assessment year 2008-09. With a view to enabling tax-payers to file returns in the electronic mode, these returns (except ITR-7)

Posted in Income Tax | 2 comments | 14511 Views

Professional tax may raise for Professionals

18 July 2008 at 21:28

Doctors, lawyers and other professionals both salaried and self employed may now have to pay a higher professional tax.Acceding a long-pending demand of the state governments, the Centre has decided to raise the ceiling on professional tax from Rs 2,

Posted in Income Tax | 1 comments | 11535 Views

Now E payment can be made from any other person's account

18 July 2008 at 20:57

The Central Board of Direct Taxes (CBDT) have vide notification S.O.No.493(E) dated 13.3.2008 notified the categories of taxpayers who are mandatorily required to electronically pay taxes on or after the 1st day of April, 2008. A company and such oth

Posted in Income Tax | 2 comments | 6354 Views

PE2 and PCC results to be declared on 30th july

18 July 2008 at 00:06

The results of the Chartered Accountants Professional Education - II and Professional Competence Examinations held in May, 2008 are likely to be declared on Wednesday, the 30th July, 2008 around 12 Noon and the same as well as the merit list (candida

Posted in Students | 4 comments | 81933 Views

Warning! Anyone can hack into your tax records online

15 July 2008 at 10:51

For those who prefer to e-file their returns, the current system offers little safety from cyber cons, If you are thinking of filing your income tax returns online, think twice.

Posted in Income Tax | 6 comments | 9381 Views

It's better to file physical returns as online mode is complicated

15 July 2008 at 00:02

It's better to file physical returns as online mode is complicated, doubles work, Salaried individuals these days can pay most bills online.

Posted in Income Tax | 1 comments | 10260 Views

Understanding options, the Greek way

14 July 2008 at 11:54

An overview of option Greeks — The Delta, Theta and Vega of options pricing theory, Walking down eat street, lost in thoughts of Hari Puttar (the greatest wizard of all times)

Posted in Students | 8940 Views

Taxing times for floundering tax saving schemes

09 July 2008 at 13:22

These schemes have on an average fallen in excess of 41% in the last six months, If you are an investor in equity-linked saving schemes (ELSS), chances are you have lost more than index investors

Posted in Shares & Stock | 10137 Views

ICAI is planning a course for accounting technicians

05 July 2008 at 14:32

The Western India Regional Conference organised the 23rd WIRC regional conference at C.C. Mehta Auditorium of M.S. University of Baroda on Friday. More than 750 chartered accountants participated

Posted in Career | 5 comments | 15879 Views