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Whats New
Updated on 26-07-2004
Annual Report 2003-04
Updated on 12-06-2004
Advance Ruling - in Re UAE Exchange Centre – taxability of income accruing to liaison offices
Range 7 (Income Tax) jurisdiction is modified wef 01/05/2004
PAN Forms Anywhere, Anytime
PAN to be issued by NSDL also
Updated on 06-06-2004
Remittance for maintenance of close relatives abroad - Requests of Indian Nationals on deputation to India from Overseas Companies
Rates of Interest on loans charged by SBI - for reckoning perquisite value of interest free loans given by employers
Updated on 29-05-2004
TDS on Deep Discount Bonds
Updated on 15-05-2004
Bank Audit Empanelment Forms available on ICAI website
ICAI revised Notification for minimum audit fee for audit firms having more than 4 partners
Updated on 10-05-2004
Some features of new Online Tax Accounting System (OLTAS) to be introduced by Income Tax Department from 1 June 2004.
Filing of e-TDS returns - Clarifications regarding Form-24 (Salaries)
Updated on 05-05-2004
Salary Ceiling for ESI applicability enhanced
Deposits from Directors in public companies exempted
Companies (Particulars of Employees) (Amendment) Rules, 2004.
Statement on CARO, 2003 released
ICAI Council resolution under Regulation 190A
On Line Tax Accounting System From 01.06.2004
Acceptance of deposits from non-residents other than by banks prohibited
No TDS on RBI 8% Taxable Bonds
Updated on 07-02-2004
73 items Exempted from Cess
Sales Tax and Other Laws Amendments w.e.f. 1.2.04
Updated on 19-01-2004
Revised empanelment norms for bank audits
Updated on 14-01-2004
Bank Branch Audit Allotments – 2003-04
Customs and Excise Notifications reducing tariff rates
Circular on Single registration for multiple services
Circular on efiling of Service Tax returns
CBDT Circular on taxation of BPO units set up by non residents/foreign companies
Updated on 02-01-2004
Simplified Exit Scheme extended
Bills to amend Chartered Accountants Act, Cost & Works Accountants Act and Co, Secretaries Act, introduced
Service Tax on Software maintenance exempted
Karnataka Tax on Lotteries Ordinance
Updated on 26-12-2003
ICAI Draft Statement on CARO,2003
Last Date for Obtaining mandatory CPE Credit for 2003 extended to 31st March 2004
Unlisted Companies (Issue of Sweat Equity Shares) Rules
Updated on 9-12-2003
Paper on AS 22 presented by Shri Gururaj Acharya, FCA at KSCAA/SDCA joint seminar held at Shimoga on November 15, 2003
Service Tax exemption for payments received in foreign currency
Residential Status of Indian Students Abroad Revised
FAQs on OCBs - RBI Press Release
Lucent Technologies vs. ITO - ITAT (BANG) Decision dated 31.10.03 on TDS on software imported for sale with hardware.
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