CAclubindia News

ICAI President's Message - July 2016

01 July 2016 at 11:17

Dear Professional Colleagues, Heartiest greetings on CA Day! I wish all of you a very happy CA Day. All arrangements have been made to celebrate the legacy of the Indian accountancy profession with great enthusiasm in the form of flag hoisting

Posted in Professional Resource | 4638 Views

CA day celebration at ICAI

30 June 2016 at 10:39

ICAI celebrates its Foundation Day as the Chartered Accountants’ Day on 1st July every year. This year, the Chartered Accountants’ Day Celebrations of the ICAI will be held on 1st July, 2016 in the `Plenary Hall’, Vigyan Bhawan, Mau

Posted in Professional Resource | 5 comments | 5955 Views

CBEC survey says 45 percent saw improvement in taxpayer services

30 June 2016 at 10:39

Tax payers Survey got conducted by Central Board of Excise & Customs (CBEC) for garnering a feedback on impact that reforms undertaken during the last two years; Responses showed that 45% of the respondents saw an attitudinal change in senior fun

Posted in Income Tax | 3 comments | 2757 Views

Cabinet approves Implementation of the recommendations of 7th Central Pay Commission

30 June 2016 at 10:39

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the implementation of the recommendations of 7th Central Pay Commission (CPC) on pay and pensionary benefits. It will come into effect from 01.01.2016. In the past, the

Posted in Others | 4176 Views

New TDS/TCS RPU and FVU versions released

29 June 2016 at 11:41

Due date for filing Quarterly TDS/TCS statement for Q1(April to June) of FY 2016-17 is July 31, 2016 for all the categories of Deductors/Collectors. Do submit quarterly TDS/TCS statement on or before due date to avoid late filing fee under section 23

Posted in Income Tax | 7 comments | 7482 Views

Further clarification issued on Income Declaration Scheme

28 June 2016 at 11:10

Page 1 of 4Circular No. 24 of 2016F.No.142/8/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes(TPL Division)***Dated 27th of June, 2016Clarifications on the Income Declaration Scheme, 2016The Income Decl

Posted in Income Tax | 1 comments | 4974 Views

Time table for CS Dec 2016 exams released

27 June 2016 at 10:26

Time Table and Programme for December, 2016 Examination

Posted in Exams | 11337 Views

PM says last chance to declare undisclosed income

27 June 2016 at 10:26

Prime Minister speaks on Income Declaration Scheme in Mann ki Baat The Honourable Prime Minister, Shri Narendra Modi, in his radio programme, Mann ki Baat aired on Sunday, 26th June, 2016, advised his countrymen about the benefits of declaring hithe

Posted in Income Tax | 4050 Views

TCS at 1 percent only applicable on cash portion of sale

25 June 2016 at 12:09

Circular No. 23/2016F.No.370142/17/2016-TPLGovernment of IndiaMinistry of FinanceDepartment of revenueCentral Board of Direct Taxes(TPL Division)Subject: Amendment in Section 206C of the Income-tax Act vide Finance Act 2016 In order to curb the cash

Posted in Income Tax | 15 comments | 10905 Views

Clarification regarding HUF cannot be partner in a partnership firm

24 June 2016 at 10:45

Clarification that HUF cannot be a partner but its karta or any individual of HUF can be a partner in a partnership firm in its individual capacity and not the HUF.

Posted in Professional Resource | 4 comments | 9711 Views