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Posted Date : 23-Mar-2014 , 10:58:55 am | Posted By CASANSAAR
In order to weed out the hassle of sending by post a hard copy of e-filed return, the Income-Tax Department has decided to bring in the facility of electronic signatures for taxpayers to endorse their bonafides. The Central Board of Direct Taxes (CBDT), the apex office to formulate policies...
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Posted Date : 22-Mar-2014 , 09:44:18 am | Posted By CASANSAAR
CASANSAAR are providing you free Designs for your Professional Website. It’s totally Free of Cost. Out of our 100 Designs you can select any Design for your Professional Website & can create your own Personal Professional Website as per your own choice. After Selecting the Website Des...
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Posted Date : 22-Mar-2014 , 09:33:11 am | Posted By CASANSAAR
Unclaimed bank deposits, which are estimated at Rs. 3,500 crore, will be utilised for education and awareness of depositors, the Reserve Bank of India (RBI) said on Friday. The 'Depositor Education and Awareness Fund Scheme, 2014' has been finalised and forwarded to the government for not...
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Posted Date : 22-Mar-2014 , 09:32:12 am | Posted By CASANSAAR
The Chairman-cum-Managing Director (CMD) of a telecom firm here has been arrested for allegedly evading service tax of about Rs 32 crore. A case has been registered against Tulip Telecom Ltd for non-payment of service tax, official sources said. Investigations by Delhi Service Tax ...
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Posted Date : 21-Mar-2014 , 08:22:07 pm | Posted By CASANSAAR
The Income Tax department is set to overhaul its official website for better taxpayer interface and has invited suggestions from public in order to make the portal more user friendly. "The national website of the Income Tax department is undergoing redevelopment. In this regard, the departmen...
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Posted Date : 21-Mar-2014 , 08:42:30 am | Posted By CASANSAAR
A day before filing his nomination for the Bangalore South Lok Sabha constituency, the Congress candidate and the former Chairman of the Unique Identification Authority of India (UIDAI), Nandan Nilekani, declared on Thursday that he and his wife Rohini have assets worth Rs. 7,700 crore. &ld...
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Posted Date : 21-Mar-2014 , 08:25:11 am | Posted By CASANSAAR
The Corporate Affairs Ministry Thursday received Election Commission's approval for notifying rules related to various sections of the new Companies Act, paving the way for its implementation from April 1. The legislation, which provides for significant changes in the way corporates are governed an...
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Posted Date : 21-Mar-2014 , 08:22:49 am | Posted By CASANSAAR
Making know-your-client process easier for investors, Sebi has notified a net set of norms that allow various market entities such as brokers and MFs to get details from centralised KYC agencies, rather than carrying out a fresh KYC verification procedure. An option available to a...
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Posted Date : 20-Mar-2014 , 07:58:52 am | Posted By CASANSAAR
Mumbai police has now found that even auditors of the NSELhas violated several norms and some of them are punishable under the Indian Penal Code. Police has found some discrepancies since inception of the exchange in 2007 which suspended trading last July and later faced default of Rs...
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Posted Date : 20-Mar-2014 , 07:57:37 am | Posted By CASANSAAR
Bank branches will remain open for full day on March 29, 30 and 31 to facilitate tax collection. While March 29 is a Saturday, March 30 is Sunday and March 31 is the last day of financial year and is a public holiday in some parts of the country. “The Chairperson, Central Board of Excise and ...
Continue Reading... Category : Banking | Comments : 0 | Hits : 647
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Posted Date : 20-Mar-2014 , 07:54:45 am | Posted By CASANSAAR
The Institute of Company Secretaries of India has recommended that the norms for proposed secretarial audit should be on par with that of internal financial audit. The Government needs to approve the recommendation as a rule under the new company law. R Sridharan, President of ICSI, said he...
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Posted Date : 19-Mar-2014 , 10:22:22 pm | Posted By CASANSAAR
The Reserve Bank of India (RBI) has allowed more banks, including Axis Bank and Kotak Mahindra Bank, to import gold under the 80:20 scheme, a move seen as a precursor to easing restrictions on inward shipments of the metal. The government and the RBI had imposed tough measures to control gold impor...
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Posted Date : 19-Mar-2014 , 08:22:27 am | Posted By CASANSAAR
Reserve Bank of India on Tuesday inducted its official, Pravathy Sundaram, to the board of United Bank of India (UBoI). As per the Banking Companies (Acquisition & Transfer of Undertakings) Act 1970, the finance ministry nominated the official who holds a rank of chief general manager a...
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Posted Date : 19-Mar-2014 , 08:20:37 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) will soon decide whether public financial institutions such as banks and insurance companies which are also trading members on stock exchanges can continue to be classified as ‘public’ shareholders in bourses. Accordi...
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Posted Date : 18-Mar-2014 , 09:22:27 pm | Posted By CASANSAAR
It is seen that candidates while filling the exam forms ( either online or physical) do notexercise reasonable care and commit errors. This creates lots of difficulties for them aswell as the office at Admit Card stage and thereafter. With a view to provide them an additional opportunity to...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 1051
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Posted Date : 18-Mar-2014 , 09:06:58 pm | Posted By CASANSAAR
These ITR utilities are developed using the latest JAVA technology and effort has been made to make it user friendly, simpler and faster preparation/submission of tax returns. It is recommended to stay connected to internet to experience the refreshingly new utility. Please check for ...
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Posted Date : 17-Mar-2014 , 07:57:03 pm | Posted By CASANSAAR
For the first time in its over two centuries of history, State Bank of India (SBI) is going all out to stem the rot by offloading around Rs.5,000 crore of its Rs. 67,799 crore dud assets to asset reconstruction companies (ARCs) before the end of the month. "There are 14 ARCs function...
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Posted Date : 17-Mar-2014 , 08:49:20 am | Posted By CASANSAAR
May God gift you all the colors of life, colors of joy, colors of happiness, colors of friendship, colors of love ‘n All other colors you want to Paint in Your life. Wishing U & Ur Family HAPPY, Colourful & Wonderful HOLI......
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Posted Date : 16-Mar-2014 , 09:58:38 pm | Posted By CASANSAAR
You can walk into any bank to get your pre-2005 currency notes - including Rs. 500 and Rs. 1,000 denominations - exchanged till January 1, 2015, following a directive by the Reserve Bank of India (RBI) asking banks to help the public get rid of old currency notes. There is no li...
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Posted Date : 16-Mar-2014 , 09:50:06 pm | Posted By CASANSAAR
Important Announcement Attention: Intermediate (IPC) and Final Course students Applicability of notified sections of the Companies Act, 2013 forNovember 2014, Examinations As students may be aware that theCompanies Act, 2013 has been notified in the Official Gazette&nbs...
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Posted Date : 15-Mar-2014 , 10:16:58 pm | Posted By CASANSAAR
The Income Tax department has floated a toll-free helpline number for general public to alert it about any suspicious movement of large sums of cash in the national capital during polls. The investigation wing of the department has created a control room and complaint monitoring cell at its off...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 298
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Posted Date : 15-Mar-2014 , 09:55:44 am | Posted By CASANSAAR
The recent order issued by the Income-Tax Appellate Tribunal (ITAT), Delhi bench, in the case of Bharti Airtel, has dealt with another important issue by holding that payment of share application money to various overseas subsidiaries cannot be partly treated as interest free loans to...
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Posted Date : 14-Mar-2014 , 09:18:45 pm | Posted By CASANSAAR
The Supreme Court on Friday dealt Nokia a setback after dismissing the Finnish handset maker’s appeal challenging a Delhi High Court order regarding the transfer of the company’s assets to software giant Microsoft. Nokia India, which is currently caught in a Rs. 21,000-crore tax...
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Posted Date : 14-Mar-2014 , 07:01:51 pm | Posted By CASANSAAR
Uttar Pradesh Income tax departmentsaid that any person carrying cash more than Rs 50,000 would have to show ID proof along with documents related to the source of the cash, in view of the Model code of Conduct. “As per the Election Commissionguidelines, ...
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Posted Date : 14-Mar-2014 , 06:34:38 pm | Posted By CASANSAAR
The final instalment of Advance tax for Financial Year 2013-14 is required to be paid on or before 15th March, 2014 by the tax payers who are liable to pay advance tax. These taxpayers can make payments in the designated branches of the authorized banks, electronically or physically, as per law. &...
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Posted Date : 14-Mar-2014 , 08:26:44 am | Posted By CASANSAAR
The Central Board of Direct Taxes has clarified to field officers that the requirement of deducting tax at source when a person makes payments to non-residents or foreign companies should be enforced only on that part of the remitted amount that accounts for the recipient's income chargeable to tax ...
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Posted Date : 14-Mar-2014 , 08:13:13 am | Posted By CASANSAAR
The Supreme Court on Thursday asked Nokia India to declare the valuation of its assets in India so it could devise a method to resolve the tussle between the company and revenue authorities. Last week, the court had asked Nokia to bring a proposal to “find a way out”...
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Posted Date : 14-Mar-2014 , 08:05:34 am | Posted By CASANSAAR
State Bank of India (SBI) chairperson Arundhati Bhattacharya launched its online electronic payments aggregator service -- 'SBIePay' -- at its corporate centre here today in the presence of its top management. She said the possibility for other bank customers to use the facility wou...
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Posted Date : 13-Mar-2014 , 09:57:35 pm | Posted By CASANSAAR
The Institute of Company Secretaries of India (ICSI) is soon to introduce its Open Book Examination (OBE) that will be conducted for 5 elective subjects as follows: Banking, Insurance, Intellectual Property Rights, International Business (all law and practice) and Capital and Commodity and Money mar...
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Posted Date : 13-Mar-2014 , 02:45:12 pm | Posted By CASANSAAR
CBI on Thursday carried out searches at 15 locations across the country, including offices of National Sport Exchange Limited in Mumbai, in a case of alleged irregularities in investments by state-run trading company PEC causing a loss of Rs. 120 crore. The searches were carried out after t...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 388
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
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- Bank Branch Statutory Audit Updates 2019
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- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
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