Clarification Regarding Applicability of SA 700 on Tax Audit Report under Section 44AB of The Income-Tax Act, 1961. As the members are aware that all audit reports in respect of audits of financial statements for period beginning on or after 1st April 2012 are to be issued in accordance with the requirements of SA 700(Revised) […]
Revenue Secretary Assures Trade and Industry Associations that their Concerns with Regard to Service Tax Voluntary Compliance Encouragement Scheme 2013 will be Duly Addressed The Revenue Secretary, Shri Sumit Bose said that the concerns of the industry relating to Service Tax Voluntary Compliance Encouragement Scheme (VCES) 2013 will be duly addressed and the necessary clarification(s) […]
Dr. Sanjiv Agarwal It has been over three years of high volatility for the Indian stock markets, influenced by key events that occurred (and continue to do so) during the period, both on the domestic and global arena. Retail investors have also reacted to the market volatility and poor returns, with a significant number of […]
Notification No. 52/2013 – Income Tax The notification shall be effective subject to the following conditions, namely :- (a) the Gujarat State AIDS Control Society does not engage in any commercial activity; (b) the activities and the nature of the specified income of the Gujarat State AIDS Control Society remain unchanged throughout the financial year; and
Whereas, the designated authority vide notification No. 15/1/2013-DGAD, dated the 30 th April, 2013, published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 30 th April, 2013, had initiated review, in terms of sub-section (5) of section 9A of the
Whereas, the designated authority vide notification No. 15/1/2013-DGAD, dated the 30 th April, 2013, published in Part I, Section 1 of the Gazette of India, Extraordinary, dated the 30 th April, 2013, had initiated review, in terms of sub-section (5) of section 9A of the
NOTIFICATION 5th July, 2013 No. 13-CA (EXAM)/N/2013: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Intermediate (IPC) and Final examinations will be held on the dates given below at the following places provided that sufficient number […]
5h July, 2013 – No.13-CA (EXAM)/CPT/December/2013: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test will be held on Sunday, 15th December, 2013 in two sessions as below, at the following centres provided that […]
The assessee had categorically stated that the assessee had claimed deduction under the provisions of section 10B for the first time in the assessment year 1995-96. This fact has been admitted by the Revenue in the assessment year 1999-2000. The assessee has placed on record the order of the CIT(A) dated 21.10.2005 relevant to the assessment year 1999-2000 at page 10 to 16 of the paper book.
Notification No. 53/2013 – Income Tax Whereas, an Agreement between the Government of the Republic of India and the Government of the Oriental Republic of Uruguay for the avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and on capital was signed in India on the 8th day of September, 2011 (hereinafter referred to as the Agreement);
