The Central Bureau of Investigation has arrested an Income Tax Officer posted in Ward-1, Warangal (Andhra Pradesh) for demanding and accepting a bribe of Rs.One Lakh from the complainant. A case was registered U/S 7 of PC Act, 1988 against the Income Tax Officer, Ward-1, Warangal on the basis of written complaint lodged by the complainant...
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Addressing concerns of garment manufacturers, the Central Board of Customs and Excise today said effective rate of excise on branded apparel is only 4.50 per cent and small manufacturers are exempted from the levy. "Manufacturers having a turnover of Rs four crore are eligible for SSI (small scale industry) exemption from central excise d...
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Knitwear exporters from Tirupur have requested the Centre to impose 15 per cent export duty on cotton yarn immediately to prevent a spurt in yarn prices in the domestic market. This would help the knitwear sector have a level playing field in international markets and compete effectively, Tirupur Exporters'' Association President A Shakti...
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Finance Act, 2011[8 OF 2011] An Act to give effect to the financial proposals of the Central Government for the financial year 2011-2012. Download Finance Act, 2011 [8 of 2011] Assented by the President on 8-4-2011...
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in a recent case namely Snoline/Snowline Air Conditioner Vs State of Punjab decided on 17-12-2010 by PVAT Tribunal(2011) 16 STM 332 where the penalty was imposed u/s 14-B(6)(i) of Punjab General Sales Tax Act 1948 and the case was remanded for denovo orders to the designated officer on the ground that “As per records, the goods were det...
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All about XBRL Applicable to Listed Companies and companies having a paid up capital of Rs. 5 Crore and above or a turnover of Rs. 100 crore or above - eXtensible Business Reporting Language (XBRL) is an open technology standard which makes it possible to store business and financial information in a computer-readable format. Many countr...
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A Pacific Heights housewife will be heading to prison after pleading guilty Tuesday to insider trading and obstruction of justice charges. In her plea agreement, Annabel McClellan says she gleaned confidential information about publicly traded companies by overhearing her husband, Arnold McClellan, then a partner at Deloitte Tax LLC, dis...
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ICAI Live Classes for CPT & IPCC Courses from 2nd May, 2011 to 12th July, 2011 - (08-04-2011)
Last date of registration to ICAI Live Classes is April 25, 2011.
The Delhi Live Classes registration form has to be submitted at:
Dak Receipt Counter, ICAI
ICAI Bhawan, Ground Floor, 52, 53, 54, Institutional Area,
Vishwas Nagar, Shahdara, Nea...
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Notification No. Ref:IRDA/IT/CIR/MISC/056/04/2011 -
08/04/2011
IRDA/IT/CIR/MISC/056/04/2011 Date:08-04-2011 Based on the detailed scrutiny of the Technical Proposals submitted by the various IT firms, subsequent clarifications and also based on the evaluation of the presentations made before the Technical Committee, the following IT firms have been short-listed for the Phase-III of Business Analytic...
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The government auditor CAG on Friday said it will soon finalise its report on the conduct of Commonwealth Games which will be tabled in the next session of Parliament. "Yes...certainly," the Comptroller and Auditor General (CAG) said when asked if the CWG report would be tabled in the Monsoon Session of Parliament. Rai said his office ...
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