- Friday, December 4, 2009, 3:31
- Income Tax
- 76 views
The income tax (IT ) department in a raid on a chartered accountant (CA) last week unearthed a money laundering racket running into over Rs 1,000 crore. The CA, Mukesh Choksi, through his several companies generated fake bills showing share transactions in the name of his customers who wanted to convert their black money into white. The department also recovered a pay order of 1 million and came across another onetime transfer of Rs 10 crore in a private bank account.
Full Article
- Thursday, September 17, 2009, 2:21
- Finance, RBI
- 14 views
Refrence No. RBI/2009-10/ 155 ,Circular No. RPCD.CO.RRB. BC.No. 21 /03.05.33/2009- 10, Dated: September 14, 2009, Issued to : Chairman, All Regional Rural Banks Dear Sir, Finance for Housing Projects – Incorporating clause in the terms and conditions to disclose in Pamphlets/Brochures /advertisements information regarding mortgage of property to Regional Rural Banks (RRBs)
Full Article
- Tuesday, September 8, 2009, 3:38
- Income Tax
- 1 views
A Mumbai-based social worker has threatened to press charges against the I-T department for placing ads in various newspapers, which allegedly disrespect the national flag. According to Sundeep Sharma , the advertisement, which urges people to pay advance tax, shows a child saluting the national flag with his left hand .
Full Article
- Saturday, May 9, 2009, 7:10
- CA CS ICWA
- 61 views
To, The Chairmen/Executive Officers All the Regional Councils & Chapters of ICSI The Council of the Institute in its 183rd meeting held on 8th-9th November, 2008 has approved the new training structure as under. I. Duration of training It was decided that the present period of training of 15 Months may be continued. It was decided that [...]
Full Article
- Thursday, August 7, 2008, 11:52
- Income Tax
- 20 views
The Kolkata Income-Tax Tribunal has held that payment made by an assessee company to accredited advertising agencies could not be termed as payment of commission, and accordingly no TDS is required to be deducted under the provisions of section 194-H of the Income-Tax Act, 1961.
Full Article
- Monday, June 9, 2008, 13:30
- CA CS ICWA
- 43 views
THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (ICAI) (Set up under the Chartered Accountants Act, 1949) ICAI Guidelines No.1-CA(7)/ Council Guidelines/01/ 2008, Dated 14th May,2008 (Issued Pursuant to Clause (7) of Part I of the First Schedule to the Chartered Accountants Act, 1949.) The Members may advertise through a write up setting out their [...]
Full Article