CAclubindia News

Retailers, real estate cos. challenge levy of service tax

11 July 2007 at 08:56

NEW DELHI: Retailers, real estate developers and multiplex owners amongothers have moved the Bombay High Court challenging the levy of service taxon rental income from commercial properties.Pantaloon Retail, Trent, Aditya Birla Retail, Archies, CISCO

Posted in Service Tax | 4029 Views

No more filing of income-tax returns at post offices !

10 July 2007 at 06:46

The income tax department is planning to withdraw a facility introduced last year for filing tax returns at around 2,000 post offices, owing to incomplete and inaccurate returns. Nearly 350,000 returns were filed through post offices last year. "Man

Posted in Income Tax | 3216 Views

CA may end up as college course

09 July 2007 at 09:21

CA may end up as a college course. With changing business environmentand expectations from chartered accountants (CAs), world'ssecond-largest accounting body Institute of Chartered Accountants ofIndia (ICAI) is now contemplating making residential cl

Posted in Career | 4221 Views

Ten deadly time wraps for Chartered Accountants

09 July 2007 at 00:46

Watch out for those ten deadly time-trapsNanu R. Mallya.,B.Com. F.C.A.Chartered Accountants, as a tribe, are workaholics. Whether one isin practice; or in employment. It is not unusual to see a CharteredAccountant put in twelve hours of work everyday

Posted in Career | 5454 Views

No service tax on Life insurance Companies on 'fund management' fees !!

08 July 2007 at 02:01

Life insurance companies are set to be spared of paying service tax on fund management fees. This is good news for policy holders investing in unit-linked insurance plans (Ulip) as they will not have to take a hit on their returns. The Central Board

Posted in Service Tax | 3153 Views

INCOME-TAX RETURN FORM GETS SIMPLER !

07 July 2007 at 23:35

I-T return form gets simpler: There is some relief for income tax payers. While filing returns this year, they will not require to attach loads of documents related to investment details. The Income-Tax department has finally come clear on the issue.

Posted in Income Tax | 4437 Views

NAAMKARAN proposal for ICWAI

07 July 2007 at 08:28

Will this proposal give recognition to Work Accountants????The Institute of Cost and Works Accountants of India (ICWAI) has presented a memorandum to the Ministry of Corporate Affairs requesting for a change in the name of the institute. The name it

Posted in Community & General | 4401 Views

The hulla about the word Chartered

07 July 2007 at 08:27

The word "Chartered" we debate on everytime as in word "Chartered Accountant", I thought of finding the origin of this word. Some interesting facts that I came to know when I searching wikipedia and its related links.http://www.reference.com/browse/w

Posted in Career | 4572 Views

Three-month-old Orissa baby becomes youngest tax payer

07 July 2007 at 02:37

Three-month-old Orissa baby becomes youngest tax payerBy Sarada LahangirRourkela (Orissa), July 4: A three-month-old Orissa baby has become the\nyoungest individual to get a tax account number, after a trust signed a pact\u003cbr\>\nwith

Posted in Income Tax | 9402 Views

Four senior PwC execs join rival Deloitte

06 July 2007 at 00:54

TIMES NEWS NETWORK[ WEDNESDAY, JULY 04, 2007 02:06:06 AM] MUMBAI: Four senior executives from PricewaterhouseCoopers have joined rival and professional services major Deloitte Touche Tohmatsu signalling a pick up in consolidation activity in the tax

Posted in Career | 8487 Views