Notification & Circulars

Announcement from ICAI ::

Announcement Suggestions to be included in the Pre-Budget Memorandum 2008 September 3, 2007 Dear Sir/s Sub: Suggestions to be included in the Pre-Budget Memorandum 2008 As you are kindly aware, every year the ICAI submits its Pre-Budge..

Posted in Community & General

Articled assistant

[PUBLISHED IN PART III SECTION 4 OF THE GAZETTE OF INDIA EXTRAORDINARY DATED 17TH AUGUST, 2007] (THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA) NOTIFICATION New Delhi, dated the 17th August, 2007. NO.1-CA(7)/102/2007(E).- Whereas certain draft amendments further to amend the Chartered Acco..

Posted in Students | 1 comments

Levy of Service Tax on Professionals

Supreme Court of India All India Federation of Tax Practitioners v. Union of India Levy of Service Tax on Professionals Article 246, read with article 274, of the Constitution of India - Relations between Union and States - Subject-matter of laws made by Parliament and by Legislature..

Posted in Service Tax

MCA-21

Posted in Miscellaneous

Trade Facilitaion Measure

India : Central Govt issues 2 master circulars on service taxAugust 25, 2007 As a trade facilitation measure, the Central Government issued, here two consolidated circulars containing clarifications on issues relating to levy of service tax in lieu of all the clarifications is..

Posted in Service Tax

Scope of e-TDS expanded

Income-tax (Ninth Amendment) Rules, 2007 NOTIFICATION No. 238/2007, dated 30-8-2007 In exercise of the powers conferred by section 295 read with sub-section (3) of section 200 and proviso to sub-section (3) of section 206C of the Income-tax Act, 1961 (43 of 1961), the Central Board of Di..

Posted in Income Tax

Import and Export Through Courier

Circular No.31/2007 (Customs) F.No.450/97/2005-Cus. IV Government of India Ministry of Finance Department of Revenue {Central Board of Excise & Customs} *** New Delhi, dated 29th August, 2007 To All Chief Commissioners of Customs, All Chief Commissioners o..

Posted in Community & General

Custom House Agents

F. No. 502/ 6/ 2007-Cus.VIGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Excise and Customs *** New Delhi, 8th June, 2007. To, All Chief Commissioners of Customs, All Commissioners of Customs, All Commissioners of Customs and Central Excise, D.G...

Posted in Custom

tour operators

PRESS RELEASE The Central Government has increased the rate of abatement to 75% for the purpose of levy of service tax on taxable services provided by tour operators in relation to package tours. To this effect,..

Posted in Service Tax

Foriegn Direct Investments Proposals

The hon'ble Finance Minister has approved 17 Foreign Direct Investment proposals recommended by Foreign Investment Promotion Board (FIPB) in its meeting held on 31st August, 2007. The approval amounts to Rs. 284.7695 crore. The proposals are related to Ministries /Departments..

Posted in Community & General