The Students who wish to apply for Verification of their answer books for the Chartered Accountants Examination held in May, 2010, CPT held on June 20, 2010 and CPT Online held on July 24-25, 2010 are requested to note and follow the procedure as detailed below:
This is to bring to the notice of all students pursuing CPT course that the Study Material on General Economics was revised in February 2010. In view of the fact that the revision of the study material is a continuous process, it is expected that students keep themselves updated about the latest development.
Highlights of E- Filing Season Assessment Year 2010-11/ Financial Year 2009-2010 (up to 04/08/2010). Please see updated “Quick Statistics” for E-Filing of Income Tax Returns upto 4th August 2010.
Vodafone’s senior counsel, Harish Salve, today began arguments on behalf of the company on its plea against the income tax department in the Hutchison case. The arguments could continue for some weeks. The company had moved court on a showcause notice from the I-T Department, quantifying a tax liability of Rs 12,000 crore (Rs 120 billion), which could include a penalty, on account of Vodafone not deducting tax from the payment made to Hutchison for acquiring the latter’s stake in an Indian telecom venture.
Members who enrolled as Associate members from 01st September, 2009 to 28th February, 2010 would be eligible to receive their membership certificate in person at the Convocation. However in case of Eastern Region, it would be from November, 2009 to February, 2010.
Applicability of services for November 2010 examinations:-Professional Competence Examination. It is clarified that in Part –II : Service tax and VAT of Paper 5 : Taxation, students will not be tested on specific questions covering individual taxable services.
The Reserve Bank of India today released on its website, a Discussion Paper on “Engagement of ‘for profit’ Companies as Business Correspondents (BCs)” to seek the views/comments of banks, non-banking financial institutions, ‘for-profit’ companies, regulators, academicians, NGOs and the public at large.
Introduction :-The Pay and Accounts Office (PAO)/ District Treasury Office (DTO)/ Cheque Drawing and Disbursing Office (CDDO) are required to file Form 24G as per Income-tax Department Notification no. 41/2010 dated May 31, 2010. In case of an office of the Government, where tax has been paid to the credit of Central Government without the production of a challan associated with deposit of the tax in a bank, the PAO / CDDO / DTO is required to file Form 24G.
The domestic savings rate which had fallen in 2008/09 is expected to pick up substantially in 2010-11. We estimate the savings rate at 34.3 per cent of GDP in 2010/11 and the corresponding investment rate will be 37.0 per cent. These savings and investment rates will further improve in 2011/12. These rates should enable the economy to grow in a sustained manner at 9 per cent
I have great respect for judiciary and legal profession. I have heard about the eminent lawyers in India like H.M.Seervai and his courage and commitment to the chosen principles. I have studied that he was so courageous and never compromised with his chosen principles in legal profession and successfully held the post of Advocate-General of Maharashtra for 17 years continuously and even when he was acting as an Advocate-General of a State,
