Daily Quiz (29/02/13) What is the definition of service in the context of service tax?

 Daily Quiz (29/02/13) What is the definition of service in the context of service tax? 


The member providing the first correct reply shall receive free talk time worth Rs.20 award.

The member providing the second correct reply shall receive free talk time worth Rs.10 award.

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Vacancy for CA in Godrej

http://websrv.godrej.com/extrec/ApplEmpQryVac.asp?srNo=4440&flag=false&companyCode=G%26B

Vacancy for ICWA in Godrej

http://websrv.godrej.com/extrec/ApplEmpQryVac.asp?srNo=2157&flag=false&companyCode=G%26B

Vacancy for CA/ICWA in Mahajan Aibara

Job Description Send me Jobs like this

Dear Candidate,

We are looking for Accounts Assistant for 30 year old firm of Consultants in South Mumbai (Colaba).

He / She should have 1-4 years of experience in accounts.
Preferably have completed Inter CA or inter ICWA.

Required CS Trainees for a Research Organization in Delhi

Required CS Trainees for a Research Organization in Delhi
Candidates having updated Knowledge, good Presentation & Communication Skills may mail their CVs at

Vacancy In One of the Big Four in Audit

vacancy In One of the Big Four in Audit:
-Job Location: Gurgaon
-CA Fresher Qualified in May'2012 and Nov'2012 only
-Strong Communication Skills
-Strong Internal Audit Skillls Required
-Salary: AS per the Industry Standard
-Salary: AS per the Industry Standard
Interested candidates Send your CV at contact@studycafe.in
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Expression of Interest for Appointment of Chartered Accountant for Audit work by Accrual base double entry accounting system

Department Of Local Self Government
Last Date : 01/03/2013
Expression of Interest for Appointment of Chartered Accountant for Audit work by Accrual base double entry accounting system

Address: Department Of Local Self Government Jaipur,Rajasthan
Phone:
Email:

National Institute For The Mentally Handicapped Intends to Engage the Services of an Internal Auditor

National Institute For The Mentally Handicapped
Last Date : 01/03/2013
Intends to Engage the Services of an Internal Auditor, Preferably a Person who have Retired from Audit Departments at the level of Senior Audit officer & above having Experience in Audit of Autonomous Bodies & Knowledge of Government of India rules & Regulations in Finance, Establishments & purchase

Address: NATIONAL INSTITUTE FOR THE MENTALLY HANDICAPPED(Ministry of Social Justice & Empowerment, Govt. of India) Manovikasnagar P.O., Secunderabad 500 009
Phone: 27751741 – 45
Email: nimh.director@gmail.com

Expression of Interest to conduct the Audit of accounts of J & k police welfare fund

Police Headquarter
Last Date : 01/03/2013
Expression of Interest to conduct the Audit of accounts of J & k police welfare fund

Address: Jammu - Jammu-kashmir
Phone:
Email:

Provide Charted Accountant Service.

Municipal Corporation Of Moradabad
Last Date : 01/03/2013
Provide Charted Accountant Service.

Address: Municipal Corporation Of Moradabad Moradabad Uttar Pradesh
Phone:
Email:

Companies Bill, 2012 has been withdrawn from list of business of Rajya Sabha

 

Companies Bill, 2012 has been withdrawn from list of business of Rajya Sabha on 27-2-2012.

Let us hope it will come in second part of budget session
You may please visit the website: http://rajyasabha.nic.in/

Parliament passes sexual harassment at workplace Bill

Parliament on Tuesday passed a law, providing for protection of women, including domestic helps and agricultural labourers, against sexual harassment at workplace.

The new legislation, seeking to provide a secure and enabling environment for women employees, will make it mandatory for all workplaces including home, universities, hospitals, government and non-government offices, factories, other formal and informal work places to constitute an internal committee for redressal of

SEND SUGGESTIONS ON BUDGET TO ICAI BY 4TH MARCH 2013

ICAI Invites Suggestions on Tax Proposals of Union Budget 2013-14. - (28-02-2013)

FDI-ACCOUNTANCY SECTOR

The Economic Survey has strongly batted for the removal of restrictions on foreign direct investment (FDI) in legal and accountancy services.

It said 51 per cent FDI in multi-brand retail would not impact small traders who gave a tough competition to the big retail players.

“Immediate attention is needed on several restrictions and regulations in different services like transport,

BSNL FREE CALLS WITHDRAWN RE BROADBAND

Customers of the state-owned Bharat Sanchar Nigam Ltd (BSNL) will have to pay more as the telecom operator has “quietly” withdrawn free calls available under its different broadband plans to other operators’ network resulting in increase in monthly bills.

The free calls of different quantity available in various broadband plans, including Broadband Combo,

Exposure Draft on Framework of Indian GAAR

Exposure Draft on Framework of Indian GAAR. New

2013-02-26

Technical Directorate

26th February, 2013

REQUEST FOR COMMENTS

The Technical Directorate of the Institute of Cost Accountants of India has released the exposure draft on framework of Indian General Anti Avoidance Rule (GAAR) for public comments.

BUDGET SCHEDULES AND MEMORANDUM 2013

First Schedule.pdf

Memorandum Regarding Delegated Legislation.pdf

Second Schedule.pdf

Third Schedule.pdf

Fifth Schedule.pdf

Fourth Schedule.pdf

Notes on Clauses.pdf

Sixth Schedule.pdf

Statements of Objects and Reasons.pdf

IMPORTANT DUE DATES FOR THE MONTH OF MARCH, 2013

IMPORTANT DUE DATES FOR THE MONTH OF MARCH, 2013

Due Date	Particulars	Period	Form/Challan
05.03.2013	Payment of Central Excise Duty Monthly Cases	February, 13	GAR 7
05.03.2013	Payment of Service Tax  Monthly Cases	February, 13	TR 6

ICAI JOURNAL MARCH 2013

 

ICAI e-Journal (March 2013 - PDF Download)

CA Journal March 2013 Cover Page

AMNESTY SCHEME FOR SERVICE TAX PAYERS NON FILERS AND STOP FILERS

http://www.simpletaxindia.net/2013/02/amnesty-scheme-for-service-tax-payers.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+SimpletaxIndia+%28SIMPLE+TAX+INDIA%29&utm_content=Yahoo!+Mail

Good News for tax payers ,who has taken the service tax number but has not filed his service tax return from October 2 007 to December ,2012.Now they can file their tax return without any interest and penalty . The details of the scheme is given below and the scheme will be applicable after Budget will be passed and notified.

Finance minister in his speech said that Out of nearly 17 lakh registered assesses under Service Tax only 7 lakhs file returns regularly. Need to motivate them to file returns and pay tax dues. A onetime scheme called ‘Voluntary Compliance Encouragement Scheme’ proposed to be introduced. Defaulter may avail of the scheme on condition that he files truthful declaration of Service Tax dues since 1st October 2007.
Extracts from Finance Minister budget Speech(read Complete Budget Speech 28.02.2013)

While there are nearly 17,00,000 registered assessees under service tax,only about 7,00,000 file returns. Many have simply stopped filing returns. We cannot go after each of them. I have to motivate them to file returns and pay the tax dues. Hence, I propose to introduce a one-time scheme called ‘Voluntary Compliance Encouragement Scheme’. A defaulter may avail of the scheme on condition that he files a truthful declaration of service tax dues since 1.10.2007 and makes the payment in one or two installments before prescribed dates. In such a case, interest, penalty and other consequences will be waived. I hope to entice a large number of assessees to return to the tax fold. I also hope to collect a reasonable sum of money.

AMNESTY SCHEME FOR NON FILERS AND STOP FILERS :

To encourage voluntary compliance and broaden the tax base, it is proposed to provide one time amnesty by way of 

• (i) waiver of interest and penalty; and 
• (ii) immunity from prosecution, to the stop filers, non-filers or non-registrants or service providers (who have not disclosed true liability in the returns filed by them during the period from October 2007 to December 2012) who pay the "tax dues". 
• Details of the scheme are given as under.
• The scheme will be operational from the date on which the Finance Bill, 2013 receives the assent of the President. 

Service Tax Voluntary Compliance Encouragement Scheme

94. This Scheme may be called the Service Tax Voluntary Compliance Encouragement Scheme,2013.

95. (1) In this Scheme, unless the context otherwise requires,—

(a) “Chapter” means Chapter V of the Finance Act, 1994;

(b) “declarant” means any person who makes a declaration under sub-section (1) of section 97;

(c) “designated authority” means an officer not below the rank of Assistant Commissioner of  Central Excise as notified by the Commissioner of Central Excise for the purposes of this Scheme;

(d) “prescribed” means prescribed by rules made under this Scheme;

(e) “tax dues” means the service tax due or payable under the Chapter or any other amount due or payable under section 73A thereof, for the period beginning from the 1st day of October, 2007and ending on the 31st day of December, 2012 including a cess leviable thereon under any other Act for the time being in force, but not paid as on the 1st day of March, 2013.

(2) Words and expressions used herein and not defined but defined in the Chapter or the rules made thereunder shall have the meanings respectively assigned to them in the Chapter or the rules made thereunder.

96. (1) Any person may declare his tax dues in respect of which no notice or an order of determination under section 72 or section 73 or section 73A of the Chapter has been issued or made before the 1st day of March, 2013:

Provided that any person who has furnished return under section 70 of the Chapter and disclosed his true liability, but has not paid the disclosed amount of service tax or any part thereof, shall not be eligible to make declaration for the period covered by the said return:

Provided further that where a notice or an order of determination has been issued to a person in respect of any period on any issue, no declaration shall be made of his tax dues on the same issue for any subsequent period.

(2) Where a declaration has been made by a person against whom,—

(a) an inquiry or investigation in respect of a service tax not levied or not paid or short-levied or short-paid has been initiated by way of —

(i) search of premises under section 82 of the Chapter; or

(ii) issuance of summons under section 14 of the Central Excise Act, 1944, as made applicable to the Chapter under section 83 thereof; or

(iii) requiring production of accounts, documents or other evidence under the Chapter or the rules made thereunder; or

(b) an audit has been initiated, and such inquiry, investigation or audit is pending as on the 1st day of March, 2013, then, the designated authority shall, by an order, and for reasons to be recorded in writing, reject such declaration.

97. (1) Subject to the provisions of this Scheme, a person may make a declaration to the designated authority on or before the 31st day of December, 2013 in such form and in such manner as may be prescribed.

(2) The designated authority shall acknowledge the declaration in such form and in such manner as may be prescribed.

(3) The declarant shall, on or before the 31st day of December, 2013, pay not less than fifty per cent. of the tax dues so declared under sub-section (1) and submit proof of such payment to the designated authority.

(4) The tax dues or part thereof remaining to be paid after the payment made under sub-section (3) shall be paid by the declarant on or before the 30th day of June, 2014:

Provided that where the declarant fails to pay said tax dues or part thereof on or before the said date, he shall pay the same on or before the 31st day of December, 2014 along with interest thereon,at such rate as is fixed under section 75 or, as the case may be, section 73B of the Chapter for the period of delay starting from the 1st day of July, 2014.

(5) Notwithstanding anything contained in sub-section (3) and sub-section (4), any service tax which becomes due or payable by the declarant for the month of January, 2013 and subsequent months shall be paid by him in accordance with the provisions of the Chapter and accordingly, interest for delay in payment thereof, shall also be payable under the Chapter.

(6) The declarant shall furnish to the designated authority details of payment made from time to time under this Scheme along with a copy of acknowledgement issued to him under sub-section (2). 

(7) On furnishing the details of full payment of declared tax dues and the interest, if any, payable under the proviso to sub-section (4) the designated authority shall issue an acknowledgement of  discharge of such dues to the declarant in such form and in such manner as may be prescribed.

98. (1) Notwithstanding anything contained in any provision of the Chapter, the declarant, upon payment of the tax dues declared by him under sub-section (1) of section 97 and the interest payable under the proviso to sub-section (4) thereof, shall get immunity from penalty, interest or any other proceeding under the Chapter.

(2) Subject to the provisions of section 101, a declaration made under sub-section (1) of section 97 shall become conclusive upon issuance of acknowledgement of discharge under sub-section (7) of section 97 and no matter shall be reopened thereafter in any proceedings under the Chapter before any authority or court relating to the period covered by such declaration.

99. Any amount paid in pursuance of a declaration made under sub-section (1) of section 97 shall not be refundable under any circumstances.

100. Where the declarant fails to pay the tax dues, either fully or in part, as declared by him, such dues alongwith interest thereon shall be recovered under the provisions of section 87 of the Chapter.

101. (1) Where the Commissioner of Central Excise has reasons to believe that the declaration made by a declarant under this Scheme was substantially false, he may, for reasons to be recorded in writing, serve notice on the declarant in respect of such declaration requiring him to show cause why he should not pay the tax dues not paid or short-paid.

(2) No action shall be taken under sub-section (1) after the expiry of one year from the date of declaration.

(3) The show cause notice issued under sub-section (1) shall be deemed to have been issued under section 73, or as the case may be, under section 73A of the Chapter and the provisions of the Chapter shall accordingly apply.

102. For the removal of doubts, it is hereby declared that nothing contained in this Scheme shall be construed as conferring any benefit, concession or immunity on the declarant other than the benefit, concession or immunity granted under section 98.

103. (1) If any difficulty arises in giving effect to the provisions of this Scheme, the Central Government may, by order, not inconsistent with the provisions of this Scheme, remove the difficulty:

Provided that no such order shall be made after the expiry of a period of two years from the date on which the provisions of this Scheme come into force.

(2) Every order made under this section shall, as soon as may be after it is made, be laid before each House of Parliament.

104. (1) The Central Government may, by notification in the Official Gazette, make rules for carrying out the provisions of this Scheme.

(2) Without prejudice to the generality of the foregoing power, such rules may provide for all or any of the following matters, namely:—

(a) the form and the manner in which a declaration may be made under sub-section (1) of section 97;

(b) the form and the manner of acknowledging the declaration under sub-section (2) of section 97;

(c) the form and the manner of issuing the acknowledgement of discharge of tax dues under sub-section (7) of section 97;

(d) any other matter which is to be, or may be, prescribed, or in respect of which provision is to be made, by rules.

(3) The Central Government shall cause every rule made under this Scheme to be laid, as soon as may be after it is made, before each House of Parliament, while it is in session, for a total period of thirty days which may be comprised in one session or in two or more successive sessions, and if, before the expiry of the session immediately following the session or the successive sessions aforesaid, both Houses agree in making any modification in the rule or both Houses agree that the rule should not be made, the rule shall thereafter have effect only in such modified form or be of no effect, as the case may be; so, however, that any such modification or annulment shall be without prejudice to the validity of anything previously done under that rule.

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Daily Quiz (28/02/13) Provide the format of Audit Report applicable to Companies for FY 2012-2013

 Daily Quiz (28/02/13) Provide the format of Audit Report applicable to Companies for FY 2012-2013.

The member providing the first correct reply shall receive free talk time worth Rs.20 award.

The member providing the second correct reply shall receive free talk time worth Rs.10 award.

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Budget Highlights

http://xa.yimg.com/kq/groups/20478168/559037123/name/HIGHLIGHTS%20OF%20BUDGET%202013.pdf

ANALYSIS OF BUDGET PROPOSAL

ANALYSIS OF BUDGET PROPOSALS

 

 

FAVOURABLE POINTS OF BUDGET 2013-14 ON DIRECT TAXATION

1.                     An amendment had been made in Section 36 of the Income Tax Act providing that  the tax paid by the assessee in respect of new tax called Commodities Transaction     Tax (CTT) entered in the course of his business during previous year shall be allowable as deduction, if the Income arising from such taxable commodity transaction  is included in the income computed under the head Profit & Gains from

Public Meeting on Union Budget 2013 on Sat., 2nd March 2013 @ 5.30pm

Respected Sir/Madam,
We are glad to inform you that Vasai Branch of WIRC Organises Public Meeting on Union Budget Analysis on Saturday, 2nd March 2013 at Indravarun Hall, Jesal Park, Opp.Railway Station, Bhayandar (East). at 5.30 pm to 8.30 pm.
The Detail Programme Schedule is given below:

Daily Quiz (26/02/13) How much interest has to be paid for delay in payment of service tax?

Daily Quiz (26/02/13) How much interest has to be paid for delay in payment of service tax?

The member providing the first correct reply shall receive free talk time worth Rs.20 award.

The member providing the second correct reply shall receive free talk time worth Rs.10 award.

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Vacancy for CA in HAL

Eligibility: CA(Accounts)
Location: Uttar Pradesh-other
Job Category: 1 to 3 Yr Exp

Job Type: Full Time
Hiring Process: Written-test.

Job Details

Hindustan Aeronautics Limited (HAL), inviting application for the post of Finance Officer www.freshersworld.com

Name of Post	SC	ST	OBC(NonCreamy Layer)	UR	Total
Finance Officer (Grade – II)	8	4	19	35	66

Qualification : Bachelor's Degree (10+2+3 years) with a pass in final examination of the Institute of Chartered Accountants of India / Institute of Cost Accounts of India. Experience: The

Vacancy for CA in West Bengal Financial Corporation

Eligibility: CA
Location: Kolkata
Job Category: 1 to 3 Yr Exp
Last Date: 15 March 13

Job Type: Full Time
Hiring Process: Written-test.

Job Details

West Bengal Financial Corporation, invites applications for the post of Senior Chartered

Requirement of a Qualified chartered accountant (full time) on contract basis

Jharkhand State Food And Supply Corporation Limited
Last Date : 27/02/2013
Requirement of a Qualified chartered accountant (full time) on contract basis

Address: Jharkhand State Food And Supply Corporation Limited,jsmb Building,jtki Road,Po,Hehal,Ranchi_834005(Jharkhand)
Phone: 0651_2510929
Email: jsfcmonitoring@gmail.com

Request for Proposal to Conduct Revenue Audit

Jaipur Vidyut Vitaran Nigam Limited
Last Date : 26/02/2013
Request for Proposal to Conduct Revenue Audit

Address: Jaipur Vidyut Vitaran Nigam Limited Room No.1/11.Vidhyut Bhawan,Janpath,Jyoti Nagar Jaipur
Phone: 0141-2740264
Email: caoia.jvvnl@gmail.com

Issue Arising from Dissolution of Partnership

Introduction:

Normally the partnership would stand dissolved on the death of a partnerunless it is otherwise contracted for, but if it is found from the subsequent conduct of the parties that despite the death of partner, partnership business continued to function, then it would be taken that it continued by virtue of contractual relationship. [Devji Goa vs. Tricumji AIR 1945 PC 91] The dissolution must be established from the

Unless assessee establishes that land sold was actually being used for agricultural purposes during two years prior to date of transfer, exemption under section 54B would not be available IT : Where assessee did not produce material to show that entire area purchased with farm house was land appurtenant to it, value of entire land would not be considered for exemption under section 54F

[2013] 30 taxmann.com 334 (Kerala)

HIGH COURT OF KERALA

Smt. Asha George

v.

Income-tax Officer, Ward 2(1), Thrissur*

K.M. JOSEPH AND C.K. ABDUL REHIM, JJ.

IT APPEAL NO. 114 OF 2012†

JANUARY 16, 2013

I. Section 54B of the Income-tax Act, 1961 - Capital gains - Transfer of land used for agricultural purposes - Conditions precedent - Assessment year 2005-06 - During assessment, assessee claimed exemption under section 54B in respect of land sold

Where assessee purchased windmill, sold windmill to its sister concern and got same leased back, claim of deduction under section 80-IA was not liable to be accepted being violative of section 80-IA(3)

[2013] 30 taxmann.com 271 (Chennai - Trib.)

IN THE ITAT CHENNAI BENCH 'B'

Armstrong Knitting Mills (P.) Ltd.

v.

Deputy Commissioner of Income-tax, Co. Circle*

DR. O.K. NARAYANAN, VICE-PRESIDENT

S.S. GODARA, JUDICIAL MEMBER

IT APPEAL NO. 113 (MAD.) OF 2012

[ASSESSMENT YEAR 2007-08]

JANUARY 4, 2013

Section 80-IA of the Income-tax Act, 1961 - Deductions - Profits and gains from infrastructure undertakings, etc. - Splitting up or reconstruction - Assessment year

Where reference made by Assessing Officer to DVO for valuation of properties of assessee was not in accordance with law and DVO's valuation was based on incomparable sales, addition made to income of assessee under section 69 on basis of DVO's valuation was wrong

[2013] 30 taxmann.com 357 (Delhi)

HIGH COURT OF DELHI

Commissioner of Income-tax

v.

Abhinav Kumar Mittal*

BADAR DURREZ AHMED AND R.V. EASWAR, JJ.

IT APPEAL NO. 42 OF 2013†

JANUARY  23, 2013 

Section 69, read with sections 142A and 153C of the Income-tax Act, 1961 -

CBEC finally notifies ST-3 for filing return for period July 1, 2012 to Sept 30, 2012 by March 25, 2013

In exercise of the powers conferred by sub-section (1)read with sub-section (2) of section 94 of the Finance Act, 1994 (32 of 1994),the Central Government hereby makes the following rules further to amend theService Tax Rules, 1994, namely:-

Buy Insight into Companies Bill 2012: As passed By Lok Sabha at heavy discount

Click here to Buy Insight into Companies Bill 2012: As passed By Lok Sabha at heavy discount

Daily Quiz (24/02/13) Whether a assessee having branch offices in various states has to apply for registration of professional tax in each such states in India?

Daily Quiz (24/02/13) Whether a assessee having branch offices in various states  has to apply for registration of professional tax in each such states in India?


The member providing the first correct reply shall receive free talk time worth Rs.20 award.

The member providing the second correct reply shall receive free talk time worth Rs.10 award.

Vacancy for CA / ICWA in Dena Bank

http://www.freejobalert.com/wp-content/uploads/2012/04/Notificion-of-Dena-Bank-of-Specialist-Officers.pdf

Vacancy for CA/ICWA in Maharashtra Natural Gas Ltd

Company:	Maharashtra Natural Gas Ltd., Pune
Industry:	Petrochemicals/Petroleum/Oil and Gas
Job Function:	Finance & Accounting

Company Details: Maharashtra Natural Gas Ltd.,Pune. (A joint venture company of GAIL (lrdia) Ltd. and Btiarat Petroleum Corporation Ltd.) MNGL is one of fastest growing City Gas Distribution company with the mission to supply clean and green fuel to Pune & other districts of Maharashtra.

Job Description: Minimum Qualification - MBA (Finance / Marketing / ICWA / CA, Minimum Exp in Yrs -

Effect of reduction in bank audit- Banking fraud total jumped 43% to Rs 52.66 cr in 2012: Govt

This is just a begining. By these steps of reduction in Bank branch Audits cases of frauds, malpractices and NPa etc. will be increased to a very highlevel specially in Small & rural branches because in such type of

Analysis of Union Budget, 2013

TAX PRACTIONERS ASSOCIATION , THANE

 

 

Analysis of Union Budget, 2013

 

The Finance Minister will be presenting the Union Budget on 28^th February, 2013.

 

With a view to help the members to understand the intricacies of the proposals in the Union Budget relating to Direct and Indirect Taxes, , Tax Practitioners Association, Thane has arranged a Free Lecture meeting on Saturday, 2^nd March, 2013 from 4.30 p.m. to 8.00 p.m. at Gr. Floor, TSSIA Hall, TSSIA House, Plot No. P-26, Road 16/T, Wagle Industrial Estate, Thane

Noida branch gots Award of HIGHLY COMMENDABLE BRANCH in CIRC

Dear Members of Noida Branch of CIRC of ICAI ,

Its a matter of great pleasure to give you Information that CIRC of ICAI has decided to confer the CIRC Highly Commendable Branch – 2012  to Noida Branch of CIRC  under  Larger Category (branches having more than 500 Members) .

This award shall conferred in the 8th Annual Function to be held  on 26th February, 2012 at K D Palace,Mc Robertganj Kanpur at  11 AM to 02.30 PM

Exposure Draft of Excel Template of Taxonomy for Non-Banking Financial Companies (NBFCs) - (21-02-2013)

While the filing of the financial statements in XBRL format had begun for a class of companies, NBFCs were kept outside the purview, despite the fact that these companies also followed the Schedule VI format. Owing to peculiar nature of business as compared to the other Commercial and Industrial companies, a need was felt to identify and compile the NBFCs specific elements and include them in the core C&I taxonomy making

Guidelines for Differently abled – physically and/or visually - candidates and procedure for issue of Permanent Concession Card. - (23-02-2013)

http://220.227.161.86/29276exam230213.pdf

Revised Passing Requirements for Common Proficiency Test (CPT) effective from June, 2013 - (22-02-2013)

http://220.227.161.86/29272exam18869.pdf

SC to look into Mother Dairy TDS dispute

The Supreme Court (SC) has decided to look into whether Mother Dairy
Food Processing was liable to deduct TDS on payments to its
agents/concessionaires, who sold its milk and other products from the

Daily Quiz (23/02/13) What is eligible company for the purpose of section 54GB of the Income Tax Act 1961?

Daily Quiz (23/02/13) What is eligible company for the purpose of section 54GB of the Income Tax Act 1961?

The member providing the first correct reply shall receive free talk time worth Rs.20 award.

The member providing the second correct reply shall receive free talk time worth Rs.10 award.

Vacancy for CA/ICWA in Nokia

http://nokia.taleo.net/careersection/10120/jobdetail.ftl?job=1009332&src=JB-10720

Daily Quiz (22/02/13) Can exemption be claimed by purchase of equity shares from Long term Capital gain?

The member providing the first correct reply shall receive free talk time worth Rs.20 award.

The member providing the second correct reply shall receive free talk time worth Rs.10 award.


Terms and Conditions:

Request for Expressions of Interest (EOI) for Selection of Audit Firm (International) for Information System Audit of Cellular Mobile Operators in Bangladesh.

Bangladesh Telecommunication Regulatory Commission
Last Date : 22/02/2013
Request for Expressions of Interest (EOI) for Selection of Audit Firm (International) for Information System Audit of Cellular Mobile Operators in Bangladesh.

Address: Bangladesh Telecommunication Regulatory Commission (BTRC) , IEB Bhaban (5,6 &7th Floor), Ramna, Dhaka-1000, Bangladesh.
Phone: 8802-7162277
Email:

Vacancy for CA/ICWA in Canara Bank

Recruitment Cell, Human Resources Wing

Head office, 112, J C Road, Bangalore – 560 002

e-mail: horecruitment@canarabank.com         www.canarabank.com

CB / RP / 1 /2013

1.     RECRUITMENT OF SPECIALIST OFFICERS IN JMGS-I & MMGS-II AND

2.     SPECIAL RECRUITMENT DRIVE FOR SCHEDULED TRIBES AS SPECIALIST OFFICERS IN MMGS-II & MMGS-III

Canara Bank, a leading Public Sector Bank with Head Office in Bangalore and pan India presence with over 3680 branches, invites ON-LINE APPLICATIONS, from the eligible candidates for;

World's Biggest Fund Blasts Corporate Governance Rules

Sr Editor of CNBC.com John Carney reports at this link as under:

Norway's gigantic $650 billion sovereign wealth fund has just published an important note on what it expects in terms of corporate governance from the companies it invests with.

The sheer size of the fund, the world's largest sovereign wealth fund, makes its "expectations" influential. Its equity portfolio is worth $380 billion. The fund is a minority shareholder in more than 7,000 companies world wide. It says it is among the 10 largest shareholders in 2,400 companies and

I-T FORCES HSBC A/C HOLDERS TO SPILL BEANS

I-T FORCES HSBC A/C HOLDERS TO SPILL BEANS
This could well be a last-ditch attempt by tax authorities to finish the messy job of bringing to book individuals having undisclosed accounts with HSBC Geneva. In the past few days, men and women whose names appear in the now-famous list of account holders with the Swiss private banking arm of the British bank have been asked by income-tax officials to sign on a two-page letter spelling out their account details

INDIA INC EXPECTS TAX FOR SUPER- RICH IN BUDGET

INDIA INC EXPECTS TAX FOR SUPER- RICH IN BUDGET Top leaders of corporate India think Finance Minister P Chidambaram would take steps to tax the super- rich, introduce goods and service tax and raise tax rebates on home loans in the coming Budget, a survey has shown. A majority of them,

TIME FOR COMMODITIES TRANSACTION TAX

Stock exchanges want commodities, currency and fixed income derivatives to be taxed in the same way as securities. The stock markets and other markets serve different economic utility functions: one is for investments and the second is for price discovery and risk management. Hence, they cannot be treated the same way. Stock derivatives attract the Securities Transaction Tax ( STT) but, when the stock exchanges

TAX SOPS TO INSURANCE MAY BE IN THE OFFING

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