CAclubindia News

Detection of black money by Government

20 July 2016 at 10:34

Recognizing various limitations under the existing legislation [Income-tax Act, 1961, etc.], the Government enacted a new law – ‘The Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015’ – to spe

Posted in Income Tax | 1 comments | 5583 Views

Synchronisation of financial accounting year with calendar year

20 July 2016 at 10:34

Government has constituted a Committee to examine the desirability and feasibility of having a new financial year and give its recommendations by 31st December, 2016. The terms of reference (ToR) of the Committee are as under: Examine the merits and

Posted in Professional Resource | 1 comments | 4854 Views

Toppers of CA Final May 2016 Exam

18 July 2016 at 18:14

The Institute of Chartered Accountants of India (ICAI) today announced the following results: 1) Chartered Accountants Final Examination held in May, 2016.2) Common Proficiency Test held on June 19, 2016. The top three rank holders on all I

Posted in Exams | 11 comments | 26613 Views

Pass Percentage of CA Final May & CPT June 2016

18 July 2016 at 18:14

CA final and CPT result has been declared

Posted in Exams | 5 comments | 25644 Views

CA Final and CPT May 2016 exam result declared

18 July 2016 at 14:08

Result of the CA Final May, 2016 & CPT June, 2016 exam declared Click here for result

Posted in Exams | 4 comments | 12435 Views

SIT on black money recommends ban of cash transaction above 3 lakh and cash holding more than 15 lakhs

15 July 2016 at 10:45

Recommendations of SIT on Black Money as Contained in the Fifth SIT Report The Fifth SIT report has been submitted before the Hon’ble Supreme Court by the SIT. An extract of the report has been uploaded on Department of Revenue website www.dor

Posted in Income Tax | 3 comments | 6195 Views

Time Schedule revised for making tax payments under IDS Scheme

15 July 2016 at 10:45

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesNew Delhi, 14th July, 2016Sub : The Income Declaration Scheme 2016 - Relaxation of time schedule for making payments under the SchemeDuring the course of meetings

Posted in Income Tax | 12045 Views

Govt clarifies effective tax rate is 45% and not 31% under income declaration scheme

14 July 2016 at 16:42

Circular No. 27 of 2016 F.No.142/8/2016-TPL Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes (TPL Division) Dated 14th day of July, 2016 Clarifications on the Income Declaration Scheme, 2016 The Income Dec

Posted in Income Tax | 1 comments | 5394 Views

Govt to interact with Trade and industry on tax laws issues

14 July 2016 at 14:58

Government accepts the recommendations of Sub-Committee of the High Level Committee to interact with Trade & Industry on Tax Laws on issues relating to compliance procedure for the excise duty,records to be maintained and other relevant administr

Posted in Others | 1 comments | 2649 Views

CA Final and CPT results to be declared on 18th July 2016

11 July 2016 at 10:38

Result of the Chartered Accountants Final Examination held in May 2016 and Common Proficiency Test (CPT) held in June 2016 are likely to be declared on Monday, the 18th July 2016

Posted in Students | 4 comments | 10896 Views