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New FVU for Form 15CA Bulk upload (version 1.3)

April 30, 2013 2495 Views 0 comment Print

File Validation Utility (FVU) for Form 15CA Bulk upload (version 1.3) released on 07/03/2013 The Form 15CA FVU is a Java based utility. JRE (Java Run-time Environment) [versions: SUN JRE: 1.4.2_02 or 1.4.2_03 or 1.4.2_04 or IBM JRE: 1.4.1.0] should be installed on the computer where the Form 15CA FVU is being installed. Java is […]

CA Final & IPCC Examination Dates, Timing, Changes for May 2013

April 30, 2013 12035 Views 0 comment Print

 CA final exams will be started from 2nd May 2013 and ended on 16th May 2013 CA IPCC will be started from 3rd May and ended on 15th May 2013 CA IPCC Exam Date Sheet for May 2013

ICAI President's Message – May 2013

April 30, 2013 1817 Views 0 comment Print

Dear Friends, Ethics is all about our becoming and feeling responsible about everything that is around us. We are responsible only when we appreciate everything that is ethical and denounce all that is not ethical around us. I would like our membership to ensure that they always go for the stricter interpretation, foregoing the liberal […]

Anti-Dumping Duty on Import of Solar PV Modules

April 30, 2013 1138 Views 0 comment Print

The Ministry examines the effects of dumped goods on the domestic industry, and not cheap goods. Dumping takes place if the export price of a product is less than the normal value prevailing in the exporter’s country. In order to offset the adverse effects of dumped imports, Domestic Industry can avail the trade defence measures […]

Steps to strengthen the process and creations of Intellectual Property Rights

April 30, 2013 957 Views 0 comment Print

The Office of Controller General of Patents, Designs and Trade Marks has taken the following steps to strengthen the process and creations of Intellectual Property Rights. (i) The filing of Patents and Trademarks applications has been made online.

Five Years jail to Then Income Tax officer In Disproportionate Assets Case

April 30, 2013 1625 Views 0 comment Print

  The Special Judge for CBI cases, Visakhapatnam has convicted Sri Akella Venkata Subramanya Sastry, the then Income Tax Officer, Eluru, West Godavari District (Andhra Pradesh) U/s 13(2) r/w 13(1) (e) of P.C Act 1988 in Disproportionate Assets case and sentenced him to undergo Five Years Rigorous Imprisonment with fine of Rs.10,000/-. The Special Judge […]

Be Cautious While E-Filing Income-Tax Returns

April 26, 2013 3054 Views 0 comment Print

CA Members may note that ICAI has received a letter from Directorate of Income-tax (Systems) requesting it to impart information regarding correct procedure of e-filing of returns. The following are the major concerns of the Department:- a) ITR-V is not received or is belated for the assessment year at CPC b) ITR-V is not signed by the tax payer

Advance booking period for train tickets reduced to 60 days

April 25, 2013 1787 Views 0 comment Print

Railways has reduced advance booking period from four months to two months from May 1 as part of its efforts to prevent touts from cornering bulk of tickets.

TIN user who have registered on TRACES but not activated their account within 24 hours will have to register as new user

April 25, 2013 1828 Views 0 comment Print

TIN users who have registered on TRACES but not activated their account within 24 hours will have to register as new user. Click on  ‘Register as New User’ and select user as ‘Deductor’ to proceed.

Police action under Prize Chits and Money Circulation Schemes (Banning) Act, 1978

April 22, 2013 2601 Views 0 comment Print

State Governments Requested to issue Instructions to their Police for Vigorous Action under the Prize Chits and Money Circulation Schemes (Banning) Act, 1978 The Minister of Corporate Affairs has written to State Chief Ministers requesting State Governments to issue instructions to their State Police Authorities for vigorous action under the Prize Chits and Money Circulation […]

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