CAclubindia News


Proposal for Nomination of CA u/s 14A and 14AA

   02 June 2009 at 14:33

Proposal for Nomination of Chartered Accountants u/s 14A and 14AA of the Central Excise Act, 1944 for special auditSections 14A and 14AA of the Central Excise Act, 1944 provide for special audit, under certain circumstances, to be done only a Cost Ac

Posted in Career  14 comments |   15906 Views


Govt realises 152% target for indirect tax recovery

   02 June 2009 at 12:34

Customs duty evasion still high, only a third of demanded duty was realised Author : Nivedita Mookerji/DNACustoms duty evasion continued to be high during 2008-09, according to estimates available with the ministry of finance. While the all-India cus

Posted in Excise |   6453 Views


Relaxation in cut off date for registration of CS Exam

   30 May 2009 at 10:32

RELAXATION IN CUT-OFF DATE The actual cut-off date for acceptance of Registration Applications relating to Executive Programme  for appearing in one module in December, 2009 Session of Examinations is 31st May, 2009.   However,

Posted in Career  2 comments |   16365 Views


Delhi HC stay on disclosure of answer sheets of CA exam

   29 May 2009 at 17:15

While considering an appeal filed by a student of the Chartered Accountants Examination under the Right to Information Act, 2005, the Central Information Commission recently ordered for supply of certified copies of the answer sheets of a student con

Posted in Students  38 comments |   29532 Views


FM says Budget will push inclusive growth, reforms

   29 May 2009 at 10:24

Will talk banks into "a more benign plan of action" on interest rates Author : Nivedita Mookerji/DNAPushing reform measures while initiating steps to boost inclusive growth and ensuring economic revival amidst the continuing global financia

Posted in Community & General |   5886 Views


Establishment of Competition Commission of India

   27 May 2009 at 11:32

ESTABLISHMENT OF COMPETITION COMMISSION OF INDIAThe Central Government has appointed the Chairman and Members of the Competition Commission of India.    Present Organogram of Competition Commission of IndiaNOTIFICATION OF SECTION 3 &am

Posted in Community & General |   11685 Views


CAs should be able to call for a/c restatement

   25 May 2009 at 13:17

Uttam Prakash Agarwal, president of Institute of Chartered Accountants of India (ICAI), has been in focus lately, handling queries on the role of auditors in the Satyam Computer fiasco. Agarwal, who is also chairing the six-member high-level committe

Posted in Community & General  10 comments |   13743 Views


Service tax clarity profit booster for SEZs

   23 May 2009 at 12:52

Govt says refunds can be sought on tax levied on services consumed outside an SEZ Author : Mehul Sheth/DNAThe government has provided the much-needed relief sought by developers or units inside special economic zones (SEZ).Through a notification on M

Posted in Service Tax  3 comments |   17886 Views


AS 11 will prevent forex-led distortions

   22 May 2009 at 13:11

A clarification regarding tax treatment of the accounting option is warrantedAuthor : Suresh Surana/DNAIndia has been growing by 8-9% for the past few years and this outstanding growth has resulted in heavy inflow of foreign funds to the country. Man

Posted in Accounts  10 comments |   16830 Views


Direct tax mop-up drops as a proportion of GDP

   22 May 2009 at 13:09

Despite 8% rise to Rs 3.38 lakh croreAuthor : Nivedita Mookerji/DNAThe day before the new government is to take over, there was good news flowing from the finance ministry. According to its estimates, direct tax collection for the financial year 2008

Posted in Community & General |   4341 Views



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