Proposals are invited by Delhi Pollution Control Committee for Accounting Services. Scope of work: Writing of Accounts Books on day to day basis.The approximate annual expenditure of Delhi Pollution Control Committee for the year 2007-08 and 2008-09 is Rs. 4.32 and 7.01 Crore respectively.
Proposals are invited by Delhi Pollution Control Committee for Internal and Concurrent audit for the period 2007-08 and 2008-09. Scope of work: Internal audit on monthly basis. The approximate annual expenditure of Delhi Pollution Control Committee for the year 2007-08 and 2008-09 is Rs. 4.32 and 7.01 Crore respectively.
The next Common Proficiency Test (CPT) of the Institute will be held on 20th June, 2010. The sale of Information Brochure cum Examination Application forms for the said test would commence from 6th April, 2010. The last date for sale and receipt of filled in application is 27th April, 2010.
Amendments in the notification of the Government of India, Ministry of Finance, Department of Revenue, No. 19/2007-Service Tax, published vide number G.S.R. 354(E), dated the 12th May, 2007
In the said notification, in the TABLE, against the entries relating to Sl.No. 17 in column (3), after the words Mumbai Service Tax, the words, Service Tax Mumbai-I, Service Tax Mumbai-II shall be inserted.
Under the provisions of section 35, a person carrying on business or profession, is entitled to the deduction of the expenditure (revenue as well as capital) incurred by it on scientific research. In specified cases, the weighted deduction is given to the person incurring the expenditure. For providing further impetus to the activities of research, the weighted deduction has been enhanced as mentioned below:
Extensive provisions have been made in the Finance Bill, 2010, for expanding the scope of benefits given to the research so as to embrace non-scientific research (social science) and statistical research. Parity has been provided for the social science and statistical research with scientific research.
Institute of Chartered Accountants of India (ICAI), the statutory body regulating chartered accountants in India, has now demanded amendment of some section of the law, which guides them. The whole idea is to seek more legal power to initiate stringent disciplinary measures against erring auditors/CAs on a fast track basis, G Ramaswamy, the newly elected […]
The applicant, a resident of Mauritius, was a subsidiary of a USA company. It received capital contribution and loans from the USA parent which were used to purchase shares in ILFS, an Indian company. On sale of the shares, the applicant earned capital gains which were chargeable to tax under the Act.
Central Board of Excise and Customs has introduced “Automation of Central Excise and Service Tax” (ACES) to improve tax-payer services. ACES is a centralized web based application which enables the assesses to electronically interface with the department. It aims to reduce paperwork, manual interface, transaction costs and increase accountability, efficiency and transparency.
