CAclubindia News
CBEC exceeds target in recovering arrears of revenue
14 May 2008 at 11:03The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher
Post Budget notifications giving effect to prov of Finance Act 08
13 May 2008 at 11:17The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued s
The Finance Bill, 2008 passed on 10th May 2008
12 May 2008 at 10:47The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued seve
Download CA Final May 2008 question papers
11 May 2008 at 14:19To download 1st group CA Final May 2008 question papers click on the links below :Q paper Accounts Final may 08Q paper Mafa Final may 08Q paper Audit Final may 08Q paper Law Final may 08Costing May 08 Q paper FinalDirect tax May 08 Q paper FinalIndir
Comodities transaction tax to come into force by July
07 May 2008 at 14:12The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the
Expect lobbying for perpetual STPI to continue
03 May 2008 at 16:33Author : C Chitti Pantulu/DNA-Daily News & Analysis Brokerages and analysts are reworking their numbers to re-rate IT counters following the government's decision to extend the Software Technology Parks of India (STPI) scheme for one more year. Finan
ICAI Board Okays AS-32
02 May 2008 at 16:23ICAI BOARD OKAYS AS-32 The ICAI’s Accounting Standards Board (ASB) has cleared the proposed accounting standard on disclosure of ‘financial instruments’ (AS-32). This standard would now be considered for final approval by
CLARIFICATION ON TDS ON SERVICE TAX ON RENT U/S 194 -I
02 May 2008 at 14:35Clarification on deduction of tax at source (TDS) on service tax component on rental income under section 194-I of the Income-tax ActCIRCULAR NO. 4/2008, DATED 28-4-2008 Representations/letters have been received in the Board seeking clarificati
No change in exam schedule
02 May 2008 at 14:35ICAI - Announcement No Change in Examination Schedule of Ma
Ammendment - Sec 40(a) (ia)
01 May 2008 at 17:36Sec 40 (a) (ia) ammendment retrospectively to allow deduction of expenses in case TDS of Mar month not paid in time but paid before due date of return
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