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Archive: 2010

Posts in 2010

Whether Higher Stock than Actual Declared to Bank Attracts Additions U/s 69 of the Income Tax Act 1961

November 30, 2010 2549 Views 0 comment Print

Section 69 of Income Tax Act deals with the cases of unexplained investments which have been made by the assessee but not accounted for in his books of accounts if any maintained and for which no satisfactory explanation is offered by the assessee.

Announcement Regarding ISA AT to be held in Dec 2010 – (29-11-2010)

November 30, 2010 429 Views 0 comment Print

The Committee on Information Technology, has introduced, New Syllabus, with effect from April 2010 for which first Assessment Test will be held in Dec 2010. It has been decided that the members already registered for the ISA course prior to April 20

Income Tax Department is releasing 3 new services on the e-filing website

November 30, 2010 393 Views 0 comment Print

Income Tax Department is releasing 3 new services on the e-filing website Income Tax Department is releasing 3 new services on the e-filing website. These are available from the ‘Services’ menu on the Menu Bar on top. The services are available without requiring any login (and are also available under ‘My Account’ as well) are: […]

'CAs should be watchdogs of the economy' – Chairman CBDT

November 30, 2010 510 Views 0 comment Print

Indian economy is buoyant, strong and has kept recession at bay and to keep the progress going, the contribution of chartered accountants is important. They must act as the watchdogs of economy and contribute to nation building,

Know ITR-V receipt status, Income Tax Refund failure status and processing status of e-Returns in respect of return file

November 30, 2010 438 Views 0 comment Print

Income Tax Department is releasing 3 new services on the e-filing website. These are available from the ‘Services’ menu on the Menu Bar on top. The services are available without requiring any login (and are also available under ‘My Account’ as well)

CBI files fresh status report in SC on 2G probe

November 30, 2010 408 Views 0 comment Print

The CBI today filed in the Supreme Court a fresh status report on its ongoing investigation into the 2G spectrum scam allegedly involving former Telecom Minister A Raja, responding to posers by the judges and explaining in detail the nature of the pr

ICAI President's Message – December 2010

November 30, 2010 1089 Views 0 comment Print

All of us have responsibility towards the society we live in. Let us realise the position of our profession and understand that we should better displease others and do what we know is right than we make others happy by doing what we realise is unjus

Trai to impose hefty penalties on unwanted calls from tomorrow

November 30, 2010 456 Views 0 comment Print

In a move that will give major relief to millions of subscribers, telecom regulator Trai will tomorrow announce new guidelines to curb the menace of unsolicited calls by imposing hefty penalties on errant telemarketing firms and operators. Beside

Service tax on construction- Gujarat HC issues notice to Centre on service tax

November 30, 2010 585 Views 0 comment Print

A division bench of the Gujarat high court, headed by chief justice SJ Mukhopadhaya, has issued notices to the Union finance ministry and service tax department, with regards to a petition filed, seeking to withdraw service tax on construction of res

ICAI- CPT December 2010 Exam Hall Ticket/Admit Card available for download

November 30, 2010 1478 Views 0 comment Print

CA CPT DECEMBER 2010 Exam Hall Ticket/Admit Card available for download. You can download Hall ticket from the following official link of ICAI. www.icai.nic.in/admit.php

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