CAclubindia News

Cabinet approves Promulgation of the Companies (Second Amendment) Ordinance 2019

20 February 2019 at 11:02

The Union Cabinet chaired by Prime Minister Narendra Modi has approved the Promulgation of the Companies (Second Amendment) Ordinance 2019 and for replacement of the said Ordinance in Parliament by a replacement Bill. It is based on the recommendatio

Posted in Corporate Law | 1533 Views

MCA direct ICAI to withdraw notification on applicability of auditor rotation

18 February 2019 at 11:30

ANNOUNCEMENTWithdrawal of the Announcement regarding Clarification on Applicability of Rotation principles on a company as per Section 139 of the Companies Act 2013 where the company ceases to fall under the ambit of Rotation principles in subsequent

Posted in Audit | 5940 Views

Last date extended to 22nd Feb for CAG empanelment for 2019-20

15 February 2019 at 12:00

Extension of the Last Date for submission of online application for Empanelment of Chartered Accountants firms/LLPs with O/o C&AG for the year 2019-20Considering the difficulties faced by Chartered Accountant firms/LLPs in submitting the online e

Posted in Professional Resource | 6318 Views

Aadhaar linking with PAN is compulsory now

15 February 2019 at 12:00

Aadhaar-PAN linking is mandatory now which has to be completed till 31.3.2019 by the PAN holders requiring filing of Income Tax Return.Constitutional validity of Aadhaar has been upheld by the Hon'ble Supreme Court of India in September 2018. Con

Posted in Income Tax | 11919 Views

Time Table of CA Final and IPC May 2019 exams released

15 February 2019 at 11:18

IMPORTANT ANNOUNCEMENTNo. 13-CA (EXAM)/M/2019: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to announce that the next Chartered Accountants Fou

Posted in Students | 17 comments | 38388 Views

CBDT denies recovery of dues on account of Angel tax

14 February 2019 at 15:03

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 8th February, 2019Note on Recovery of Tax in the case of Travel KhanaIt has come to the notice of CBDT, through some media reports that Rs. 36 lakh ha

Posted in Income Tax | 3108 Views

Next Articleship exam scheduled on March 10, 2019

13 February 2019 at 15:05

The next practical training assessment test is being scheduled on March 10, 2018. The students who have completed their 1st/ 2nd year of practical training during the second/ third/ fourth quarter of 2018, i.e. April-June, 2018, July-September, 2018

Posted in Students | 5 comments | 6282 Views

More than 16 lakh refund claim pending till January end

13 February 2019 at 15:05

The level of income-tax compliance has continuously increased over the last three Financial Years, which is reflected in the number of Income-Tax Returns filed over this period, as given hereunder: - S.No. Financial Year Total

Posted in Income Tax | 2571 Views

Steps taken by Govt to tax digital businesses

13 February 2019 at 15:05

Taxation of Digital BusinessesThe Government has not held any consultation regarding taxation of digital businesses as such. However, to address the challenges posed by the enterprises who conduct their business through digital means and carry-out ac

Posted in Others | 2232 Views