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E-filing Website will not work on August 15

   14 August 2007 at 03:25

The INCOMETAX E-FILING website will be unavailable between 5pm on 14th August till 11 pm on 15th August on account of site upgradation work.

Posted in Income Tax |   2757 Views


'Capital-gains' & 'Tax-hunters' !

   13 August 2007 at 23:16

Owning land away from city limits may be a good idea to keep away from the madding crowd - but not so much from taxes. As the penchant for a house with that green patch grows even in smaller cities, the income-tax department is mulling over enhancing

Posted in Income Tax |   2907 Views


MEF date extended

   13 August 2007 at 08:20

Last date for submission of MEF for the year 2007-08 extended to August 21, 2007.Last date for receipt of hard copy of duly signed declaration extended to August 31, 2007.  

Posted in Audit |   4911 Views


ITR 6 in excel format released by Income tax dept

   12 August 2007 at 05:40

ITR 6 in excel format released by Income tax deptClick on the link below to download http://www.caclubindia.com/files_download.asp?files_id=916 

Posted in Income Tax |   22614 Views


Myth or Reality-Low tax collection cost?

   12 August 2007 at 02:37

The I-T department should work out the cost of collection after excluding the tax collected at pre-assessment stages. T. N. Pandey One of the achievements for which the Income-Tax (I-T) department takes considerable credit is the low cost of collecti

Posted in Income Tax |   4329 Views


High power committee to inquire into CPT paper leak

   11 August 2007 at 08:39

Council Affairs/M-626/ 2007 9th August, 2007 ALL MEMBERS OF THE COUNCIL Dear Sir/Madam, I wish to inform you that the President, in terms of the authoritygiven to him by the Council at its 266th meeting held

Posted in Students |   3852 Views


CA aspirants to get help from ICFAI's B.Com course

   11 August 2007 at 01:40

The Institute of Chartered Financial Analysts (ICFAI), Tripura, has developed the BCom (professional accounting track) programme. This course is aimed at those students who wish to pursue the chartered accountant programme simultaneously. This progra

Posted in Students |   7326 Views


COMPARATIVE SCRUTINY GUIDELINES

   11 August 2007 at 01:23

To download the comparative scrutiny guidelines click on the link belowhttp://www.caclubindia.com/files_display.asp?files_id=898

Posted in Income Tax  2 comments |   6897 Views


Supreme Court on 'bank guarantees' & 'letter of credit' !

   10 August 2007 at 06:12

In a significant ruling, the Supreme Court has laid down guidelines for encashment of bank guarantee or letter of credit. A bench comprising justice Tarun Chatterjee and justice PK Balasubramanyan said, "We find that the following principles should b

Posted in Others |   9090 Views


Now PAN card might be compulsory for all bank transaction

   10 August 2007 at 04:14

Another step to curb black money transactions. Inanother step to keep closer tabs on financial transactions and curb black moneytransactions, the government is planning to make quoting the permanent accountnumber (PAN) mandatory for all transaction

Posted in Others |   4503 Views



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