Referring to Kautilya’s Arthashastra, the Vice President said that judges shall discharge their duties objectively and impartially and added that rectitude is thus a prime requirement in judiciary as in all other walks of life and must be observed at all times and at all levels.
NOTICE Dated: 13 April 2016 Extension of time for CEP Credit Hours for renewal of COP Dear Members, As you are aware that in case of members holding Certificate Of Practice (COP), as per the Guidelines for Mandatory Training for all Members of The Institute under Continuing Education Programme, it is mandatory to undergo minimum […]
Key Features of e-TDS/TCS File validation utility (FVU) version 5.0 for FY 2010-11 onwards 1. Remark ‘B’ is made applicable for Section code 192A (Payment of accumulated balance due to an employee) for Form 26Q. 2. New Section code 194IA (Payment on transfer of certain immovable property other than agricultural land) has been added under list of sections available under Form
e-TDS/TCS RPU version 1.5 for Statement(s) from FY 2007-08 onwards is released (13/04/2016). Key Features – Return Preparation Utility (RPU) version 1.5 Remark ‘B’ is made applicable for Section code 192A (Payment of accumulated balance due to an employee) for Form 26Q. New Section code 194IA (Payment on transfer of certain immovable property other than […]
The OECD Secretary-General’s report proposes that the G20 take additional steps to ensure that all countries and jurisdictions immediately endorse and implement all global standards devised and implemented by the Global Forum on Transparency and the Exchange of Information for Tax Purposes.
Taxes on labour income for the average worker across the OECD remained stable at 35.9% in 2015, ending a series of steady annual increases dating to 2011, according to a new report.
In its commitment to release ITR timely and also to comply with Hon’ble Punjab High Court Direction as given in the case of Vishal Garg & Ors. Vs. Union of India & Anr CBDT has further e-filing utility of ITR 4 and ITR 5 for AY 2016-17. CBDT has earlier released e-filing utility for ITR 1 […]
Creation of a panel of Cost Accountant Firms for sending to RBI for its consideration for Stock / Concurrent Audit in the banks. A panel consisting of list of eligible Cost Accountant Firms would be formed and sent to RBI so that they may examine and consider the same for recognizing them for audit work in banks in India.
The Unique Identification Authority of India (UIDAI) cautions people not to fall to ploys of some unscrupulous entities who are charging anywhere between Rs. 50 to Rs.200 for printing Aadhaar on a plastic card in the name of smart card, as the Aadhaar letter or its cutaway portion or downloaded version of Aadhaar on ordinary paper is perfectly valid.
The publication Central Excise Law and Procedure for Jewellery Industry has been brought out by Indirect Taxes Committee of ICAI to familiarize the members and the industry with the various provisions of excise law and procedures pertaining to the levy of excise duty on jewellery. The response to the publication has been encouraging.
