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Delhi VAT – Regarding offline payment of tax, interest and penalty or any other amount due

July 31, 2013 1563 Views 0 comment Print

In partial modification of Notification No No.F.7(400)/Policy/VAT/201 1/383-396 (dated 05.07.2013, regarding procedure of offline payment of tax, interest and penalty or any other amount due under the Delhi Value Added Tax Act, 2004, and in exercise of the powers conferred under sub rule (2) of Rule 31 of Delhi Value Added Tax Rules, 2005,

e-filing of Income Tax Returns got Overwhelming Response

July 31, 2013 2650 Views 0 comment Print

Overwhelming Response for e-filing from Every Corner of the Country; More than 82 Lakh Returns E-Filed till 29th July, 2013 which is More than 40% of the Returns e-filed during the Same Period Last Year; Record Peak of more than 85,000 Returns Per Hour Achieved . The due date for filing of Income Tax Return […]

Notification No. 39/2013 – Customs – Related to Rice bran and Rice bran oil cake

July 31, 2013 1081 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in

Non-Applicability of SA 700 on Tax- Audit Reports

July 31, 2013 2765 Views 0 comment Print

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) – Forming an Opinion and Reporting on Financial Statements. We were receiving messages seeking clarification regarding applicability of SA 700 on tax-audit reports, i.e. Form No. 3CA/3CB.

Government increases Tariff Value of Gold, Silver & Brass Scrap wef 31.07.2013

July 31, 2013 1123 Views 0 comment Print

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Excise & Customs, being satisfied that it is necessary

ICAI expected to declare today result of (IPC) Examinations held in May, 2013

July 31, 2013 2329 Views 0 comment Print

Result of the Chartered Accountants Intermediate (IPC) Examinations held in May, 2013 are likely to be declared on today, the 31st July, 2013. Results will be available on the following website: http://www.caresults.nic.in Read More on – Result of CA Intermediate (IPC) Examinations held in May, 2013 likely to be declared on 31st July, 2013

Notification No. 23/2013-Central Excise Dated 31st July, 2013

July 31, 2013 2545 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 5A of the Central Excise Act, 1944 (1 of 1944), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby directs that each of the notifications of the Government of India in the Ministry of Finance (Department of Revenue)

SEBI Circular regarding Utilisation period for FII investments in Government Debt Limits

July 31, 2013 945 Views 0 comment Print

SEBI has issued a circular CIR/IMD/FIIC/11/2013 dated July 31, 2013 regarding the utilisation period for Government Debt limits. In accordance with the said circular, FIIs/QFIs shall be permitted to utilise the debt limits allocated to them in each monthly auction till the 17th day of the succeeding month. Any unutilised limit as on the 18th […]

DGFT invites Suggestions to prevent unintended benefit under Incremental Export Incentivisation Scheme

July 31, 2013 1829 Views 0 comment Print

In order to prevent unintended benefit under the scheme in cases where growth in exports is more than 25 % or the total incremental growth is Rs. 10 crore or more, RAs would have to be more careful. Their scrutiny of the claim may require, inter alia,

EPFO must give Priority to timely Settlement of Claims for Provident Fund

July 31, 2013 1265 Views 0 comment Print

Union Labour & Employment Minister Shri Sis Ram Ola has emphasized that the Employee Provident Fund Organization (EPFO) must give priority to timely settlement of claims for provident fund. In a meeting with the senior officers of EPFO the minister has also emphasized that due to improvement and availability of technology, the citizen rightly expects […]

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