Supplementary Study Paper for PCC/IPCC and CA Final May and Nov 2010 students

Supplementary Study Paper for PCC/IPCC and CA Final Students May and Nov 2010 ExamsHereby i m attaching herewith the link to download the Supplementary Study paperPCC/IPCC: http://www.box.net/shared/u16un066ij  CA Final: http://www.box.net/shared/7udnv1g3vp  1.FOLLOW US ON TWITTER CLICK HERE: http://twitter.com/taxpertindia 2.Posted www.taxpertindia.blogspot.com 3.Get Tax updates from my blog through by joining my google group CA_taxmannindia:http://groups.google.co.in/group/ca_taxmannindia?hl=en 5.Get...

Read rest of entry

FBT ADJUSTMENT AGAINST ADVANCE TAX-CBDT CIRCULAR

CIRCULAR NO 2/2010, Dated: January 29, 2010 Sub: Adjustment of “Advance Tax in respect of Fringe Benefits” for Assessment Year 2010-11 against “Advance Tax” – matter regarding. The Finance Act, 2005 introduced a levy namely Fringe Benefit Tax (FBT) on the value of certain fringe benefits as contained in Chapter XII H (Sections 115 W to 115 WL) of Income Tax Act, 1961. By the Finance (No. 2) Act, 2009 a new Section 115 WM was inserted to abolish the FBT with effect from Assessment Year (A.Y.)...

Read rest of entry

Results of the Chartered Accountants PE–II, PCE and IPCE held in November, 2009 are likely to be declared on Friday, the 29th January, 2010 around 2 P.M. - (21-01-2010)

January 21, 2010 The results of the Chartered Accountants Professional Education – II, Professional Competence Examinations and Integrated Professional Competence Examination held in November, 2009 are likely to be declared on Friday, the 29th January, 2010 around 2 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank) on all India basis will be available on the following website: http://www.caresults.nic.in Arrangements...

Read rest of entry

Useful Presentations - Tax and Allied Aspects of Construction Industry

---------- Forwarded message ---------- From: Rebecca Andrews <rebecca.andrews88@yahoo.in> Date: Sat, Jan 16, 2010 at 12:08 PM Subject: Useful Presentations - Tax and Allied Aspects of Construction Industry To: Click Here to download the files: http://www.box.net/shared/al9sgpbfvj  I am pleased to forward Power Point Presentations at  Chamber of Tax Consultants on 9th January 2010, on following Topics : 1. Accounting Standards Applicable to Construction Industry by...

Read rest of entry

TDS | Payments to Contractors (Sec 194C) -- covering most of the circulars

   Under the Indian Income Tax Act, the following provisions relate to the Tax Deduction at Source from payments to Contractors and Subcontractors under section 194C. Person responsible for paying any sum for carrying any work to any resident  contractor should deduct tax at source.        Tax should be deducted at source only if the contract is between the  contractor and the following specified persons:  1.    The Central Government or...

Read rest of entry

Result of the Information Systems Audit [ISA] Assessment Test held on 19th December, 2009 is likely to be declared on 17th January, 2010 around 2.00 PM - (13-01-2010)

12th January, 2010 The result of the Information Systems Audit [ISA] Assessment Test held on 19th December, 2009 is likely to be declared on 17th January, 2010 around 2.00 PM at the Institute’s office at New Delhi. The result of the above Assessment Test will be available on the Institute’s website www.icai.org (G. SOMASEKHAR) ADDITIONAL SECRETARY (EXAMS) 1.FOLLOW US ON TWITTER CLICK HERE: http://twitter.com/taxpertindia 2.Posted www.taxpertindia.blogspot.com 3.Get Tax updates from my blog through...

Read rest of entry

ICAI launched facility to post your Grievance online

ICAI - e-Samadhaan (The ICAI Helping Hand), Grievance Resolution Management System, For more details click on below:- http://www.icai.org/help/ 1.FOLLOW US ON TWITTER CLICK HERE: http://twitter.com/taxpertindia 2.Posted www.taxpertindia.blogspot.com 3.Get Tax updates from my blog through by joining my google group CA_taxmannindia:http://groups.google.co.in/group/ca_taxmannindia?hl=en 5.Get Free Quality SMS updates from my blog on your MOBILE:http://labs.google.co.in/smschannels/subscribe/ca_taxmannindia OR...

Read rest of entry

Results of the Chartered Accountants Final and Final (New Course) Examinations held in November, 2009 and Common Proficiency Test (CPT) held in December, 2009 are likely to be declared on Sunday, the 17th January, 2010 around 2:00 PM - (08-01-2010)

January 7, 2010 The results of the Chartered Accountants Final and Final (New Course) Examinations held in November, 2009 and Common Proficiency Test (CPT) held in December, 2009 are likely to be declared on Sunday, the 17th January, 2010 around 2:00 PM and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank in the case of Final Examination and candidates securing a minimum of 60% and above marks and upto the maximum of...

Read rest of entry

Fringe benefit tax to hit employees with company cars

The new perquisite rules have been notified and are applicable from April 1,2009, for the current financial year. There is significant difference in respect of  the taxability of the car benefit under the Fringe Benefit Tax (FBT) regime vis-à-vis the perquisite taxation. FBT regime Under FBT, a fringe benefit was deemed to have been provided by the employer to its employees for the expenditure incurred and/or payment made for repair, running (including fuel), maintenance of the motor car...

Read rest of entry

Cos to get fringe benefit from Q4 advance tax

The government will allow companies to adjust the fringe benefit tax (FBT) paid by them against the advance tax due in the March quarter, reducing the hazard of claiming a refund and slightly improving profits at a time of rising costs, said an income-tax department official. “The Central Board of Direct Taxes has taken an in-principle decision to allow corporates to adjust FBT paid in the first quarter against their advance tax,” he said. Finance Minister Pranab Mukherjee in his July 2009...

Read rest of entry

Blog opened specially devoted to CA,CS and ICWAI students

Friends, Blog specially devoted for CA,CS and ICWAI students is opened which can be accessed at http://taxpertstudents.blogspot.com/ The blog is at a testing stage so if you encounter any problem please let us know at email:taxpertindia@gmail.com As a kind of 1st installment as promised i have uploaded PCC NOV 2009 papers click here to go to that post: http://taxpertstudents.blogspot.com/2010/01/nov-2009-papers.html IF you have any kind of papers of CA,CS and ICWAI exams which you wud like to...

Read rest of entry