CAclubindia News
What to do, if you have recd IT notice
04 July 2007 at 23:51A tax enquiry notice can be unnerving for most due to ignorance of laws and understanding the correct way to respond to such notices. Stories of experiences with the taxman also play their own role with people always asking "Why did I get a notice?
When can you make cash expenditure exceeding 20000: NEW RULES
04 July 2007 at 22:52NOTIFICATION NO208/2007, Dated: June 27, 2007In exercise of the powers conferred by Section 295 read with proviso to sub-section (3) of Section 40A of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following
ICWAI National award for excellence in Cost Management
04 July 2007 at 00:14NEW DELHI, INDIA: CyberMedia India Ltd. has been conferred the prestigious ICWAI Award for Excellence in Cost Management. CyberMedia happens to be the first media company to receive the award for its innovative HR practices in managing costs, under t
TDS on bond interest
03 July 2007 at 02:03The decision to deduct tax at source from the financial year 2007-08 in respect of the Government of India Savings Bonds if interest during a year exceeds Rs 10,000 is a big blow to many retired persons who have invested substantially in these bonds.
Tele-conference with CBDT officials!
02 July 2007 at 07:21Important Announcement Tele-conference on "E-filing of Income-tax return forms" to be held LIVE on 11 July, 2007 from 2.00pm to 4.30 pm in the Indira Gandhi National Open University (IGNOU) Dear Members, The Fiscal Laws Committee has decided to est
Pvt schools, hospitals to be in service tax net
02 July 2007 at 03:39Pvt schools, hospitals to be in service tax netJune, 28th 2007Will have to pay 12% tax besides 3% education cess. Service tax of 12 per cent (plus the education cess of 3 per cent) will soon be levied on fees charged by schools, doctors and hospitals
I-T return form's a tough nut
02 July 2007 at 03:30I-T return form's a tough nutJuly, 02nd 2007Are the new income tax returns (ITR) 'saral' indeed? For close to a decade, successive finance ministers have sought to make the returns easy to file although many taxpayers are not convinced.According to f
Should CPE seminars be done away with??
02 July 2007 at 02:14In reference to decline in Seminar Income of LKO branch , loss of interestin seminars shown by members is the only reason for this decline. Thebranch has to introspect the quality of the seminars held by branch.I have personally experienced the fol
Unfair competition to Indian CA firms from the biggies
02 July 2007 at 01:53One of the biggest reasons why Indian Chartered Accountant firmshave remained small-sized is some of the antiquated laws in ourcountry that have shackled our profession and growth. Next time youare watching a cricket match being played in South Afric
New logo of ICAI unveiled
01 July 2007 at 08:02The ICAI has designed new LOGO shich has been unveiled by Shri Premchand Gupta, the Union Minister for Corporate Affairs today the CA day.To download the new logo click on the link belowhttp://www.caclubindia.com/files_display.asp?files_id=780
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