Black Money Disclosure: 638 people declare possession of Rs 3,770 Cr
Posted Date : 01-Oct-2015 , 09:11:03 pm | Posted By CASANSAAR
As the final day of Black Money Disclosure approached 638 people have declared possession of Rs 3,770 crore, according to CBDT Chairperson Anita Kapur. Officials at Income Tax Department told ANI that people who have declared have until December 31st, 2015 for payment of taxes& penalty .
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Black Money |
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PAN allotment will remain suspended between 05.10.2015 to 09.10.2015
Posted Date : 01-Oct-2015 , 08:59:55 pm | Posted By CASANSAAR
The Income Tax Department is in the process of upgrading software applications. It is for information of PAN applicants that PAN allotment by Income Tax Department will remain suspended between 05.10.2015 to 09.10.2015 due to PAN data migration activity.
However, PAN applications, through on...
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PAN |
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Press release regarding extension of date for filing of Income tax returns and tax audit reports to 31st October 2015
Posted Date : 01-Oct-2015 , 01:07:33 pm | Posted By CASANSAAR
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Tax
PRESS RELEASE
New Delhi, 1st October, 2015
Subject: Extension of date for filing of Income tax returns and tax audit reports to 31st October 2015 - regarding
The issue of extension of last date f...
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Tax Audit |
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CBDT extends the Due Date for efiling of TAR/IT upto 31st Oct for whole country
Posted Date : 01-Oct-2015 , 01:02:15 pm | Posted By CASANSAAR
Becoz of so many legal verdicts by different courts, we have extended time of filing of audited tax returns upto 31st Oct for whole country. - Dr. Hasmukh Adhia (Revenue Secretary).
Tweet of Revenue Secretary, We will confirm the authenticity and update the Notification Soon.
Plz rely on it af...
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Tax Audit |
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Government Extends the due Date for E-Filing of Returns of Income Tax and Audit Reports U/S 44AB of Income Tax Act from 30th September, 2015 to 31st October 2015
Posted Date : 01-Oct-2015 , 01:01:50 pm | Posted By CASANSAAR
The issue of extension of last date for e-filing returns of income and audit reports u/s 44AB due by 30thSeptember, 2015 has been the subject matter of litigation in various High Courts across the country. While some High Courts have ruled in favour of the extension of due date, some others ha...
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Income Tax |
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Bombay High Court also directed the CBDT to extend the date to 31st Oct 2015
Posted Date : 30-Sep-2015 , 08:10:17 pm | Posted By CASANSAAR
Bombay High Court also directed the CBDT to extend the date to 31st Oct 2015.
Bombay HC orders one month due-date extension, concurs with Gujarat HC reasoning.
The Chamber of Tax Consultants Vs. Union of India & Ors. (Bombay High Court), WP 2764/2015, Filed on 22.09.2015
...
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Income Tax |
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CBDT extends due date for Punjab & Haryana, Gujarat assessees subject to SLP
Posted Date : 30-Sep-2015 , 07:50:32 pm | Posted By CASANSAAR
Vide its order dated 30.09.2015 CBDT has extended due date only for the state of Haryana, Punjab , Union Territory of Chandigarh and Gujarat.
F.No.225/207/2016/ITA.II
Government of incite
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
North-Block, TA.II Div...
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Tax Audit |
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CBDT simplifies the format and procedure for Form No. 15G and 15H
Posted Date : 30-Sep-2015 , 02:51:15 pm | Posted By CASANSAAR
Tax payers seeking non deduction of tax from certain incomes are required to file a self declaration in Form No. 15G or Form No.15H as per the provisions of Section 197A of the Income-tax Act, 1961 (‘the Act’). In order to reduce the cost of compliance and ease the compliance burden for ...
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CBDT |
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Tax Audit Date Extension - Status of Appeal with Different High Courts - 29/09/2015
Posted Date : 30-Sep-2015 , 01:04:36 pm | Posted By CASANSAAR
Summary of the moves for the Extention of Date u/s 44AB (Tax Audit):-
1. Punjab & Haryana HC - Vishal Garg & Ors. Vs. Union of India & Anr (CWP-19770/2015)
Directed CBDT to extend due date to 31st Oct.2015.
2. Gujarat HC - All Gujarat Federation of Tax Consultants ...
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Tax Audit |
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Orissa High Court also directed the CBDT to extend the date to 31st Oct 2015
Posted Date : 30-Sep-2015 , 12:25:38 pm | Posted By CASANSAAR
Tax Audit Date Extension Update:-
As Interim Relief Orissa High Court also directed the CBDT to extend the date to 31st Oct 2015.
Waiting for Order.
...
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Category :
Tax Audit |
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0 | Hits : 1924
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Companies need to provide PAN in annual returns: MCA
Posted Date : 30-Sep-2015 , 07:44:04 am | Posted By CASANSAAR
Corporates are now required to furnish Permanent Account Number (PAN) while submitting their annual returns to the government, a move that would help in sharing of information between different departments.
The Ministry of Corporate Affairs ( MCA), which is implementing the C...
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Companies Act |
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0 | Hits : 980
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Bombay High Court adjourned the case for TAR Extension till tomorrow 3PM
Posted Date : 29-Sep-2015 , 04:24:28 pm | Posted By CASANSAAR
Bombay HC:
Judges pointed that once one HC rules under article 226, same would be binding on all HC in country.
If CBDT don't respond by tomorrow they will hear it tomorrow. Matter adj to tomorrow at 3 pm
...
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Category :
Income Tax |
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0 | Hits : 1837
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RBI springs a surprise, cuts repo rate by 50 bps to 6.75%
Posted Date : 29-Sep-2015 , 03:18:38 pm | Posted By CASANSAAR
Ceding to impassioned calls by corporate India, not to mention Finance Minister Arun Jaitley, the Reserve Bank of India on Tuesday cut the repurchase, or repo, rate by a higher-than-expected 50 basis points to 6.75%, the lowest the key interest rate has been in four years.
T...
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RBI |
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Gujrat High Court also directed the CBDT to extend the date to 31st Oct 2015
Posted Date : 29-Sep-2015 , 01:34:08 pm | Posted By CASANSAAR
After Punjab & Haryana High Court the Gujarat High Court also directs CBDT to extend the due date for Filing of ITR to October 31st in its Judgement today....
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CBDT |
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Copy of the Order of P&H HC for Extension of efiling of Returns
Posted Date : 29-Sep-2015 , 12:30:41 pm | Posted By CASANSAAR
Copy of the Order of P&H HC for Extension of efiling of Returns
Last para of Punjab & Haryana HC Orders
In view of the above, taking the totality of facts and circumstances of the case, it is considered appropriate to extend the due date for e-filing of returns upto 31st October 2015 for...
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ITR |
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P & H HC extended the date of fillingTAR / IT to 31st Oct.2015
Posted Date : 29-Sep-2015 , 11:57:43 am | Posted By CASANSAAR
In the case of Vishal Garg & Ors. Vs. Union of India & Anr., Punjab & Haryana HC extended due date of Tax Audit cases to 31st October 2015 from existing 30th September 2015. Its not clear if the due date for non audit cases also been extended or not for which we have to ...
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Category :
Tax Audit |
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0 | Hits : 1852
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HC asks CBDT to consider CA body’s representation
Posted Date : 29-Sep-2015 , 09:51:22 am | Posted By CASANSAAR
The Karnataka High Court on Monday directed the Chairman of the Central Board of Direct Taxes (CBDT) to consider by September 29 a representation by Karnataka Chartered Accountants’ Association (KCCA) for extending the deadline to file income tax returns for certain categories of tax payers, s...
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CA |
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0 | Hits : 1778
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Internet blockade in J&K kicks off storm in the time of Digital India
Posted Date : 29-Sep-2015 , 09:40:15 am | Posted By CASANSAAR
Internet blockade has sparked off a major controversy in Jammu and Kashmir at a time when Prime Minister Narendra Modiis pushing for the digital India in the United States.
From tourism to industry to health care, Jammu and Kashmir has suffered huge losses as Mufti...
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Category :
General |
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Delhi HC admits plea challenging validity of Article 370
Posted Date : 28-Sep-2015 , 08:35:44 pm | Posted By CASANSAAR
The Delhi High Court today agreed to hear a PIL challenging the constitutional validity of Article 370 that gives special status to Jammu and Kashmir.
A bench of Chief Justice G Rohini and Justice Jayant Nath posted for October 19, the hearing on a plea by a 22-year-old girl who contended that Ar...
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General |
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Karnataka HC directs CBDT to consider representation on TAR/IT Due Date Extension
Posted Date : 28-Sep-2015 , 07:05:16 pm | Posted By CASANSAAR
HIGH COURT OF KARNATAKA AT BENGALURU
DATED THIS THE 28TH DAY OF SEPTEMBER, 2015
Writ Petition Nos. 41109 and 41110 of 2015 (T- IT-PIL)
1. Karnataka State Chartered Accountants Association
2. Sri.Raveendra S.Kore
Vs.
1. Union of India
2. Central Board of Direct Taxes
These...
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Category :
Tax Audit |
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Status of Tax Audit Date Extension Update with Different High Courts - 28/09/2015
Posted Date : 28-Sep-2015 , 05:19:55 pm | Posted By CASANSAAR
Summary of the moves for the Extention of Date u/s 44AB:-
1. Punjab & Haryana HC - Vishal Garg & Ors. Vs. Union of India & Anr (CWP-19770/2015)
Argument over and order on 29/09/2015, 10 am
2. Gujarat HC - All Gujarat Federation of Tax Consultants (AGFTC) vs Ce...
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Category :
Income Tax |
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2 | Hits : 8758
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Circulation of Fake order for extension of due date for filing of Audit report and return of Income for Assessment Year 2015-16
Posted Date : 28-Sep-2015 , 11:27:15 am | Posted By CASANSAAR
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
PRESS RELEASE
New Delhi, 28th September, 2015
It has been brought to the notice of the Government that a fake order dated 26th September 2015 supposedly under section 119 of the Inc...
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Category :
Tax Audit |
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0 | Hits : 1889
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Ten Reasons which supports that Notification for TAR Date Extension is fake
Posted Date : 28-Sep-2015 , 09:10:53 am | Posted By CASANSAAR
Notification is fake for the following reasons :-
1. Confirmed with CBDT officials and they denied issue of any such Notifications.
2. Checked the official Websites of Income Tax, Government of India and Finance ministry and have not found any such notification, Order or announcement.
3. In...
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Category :
Tax Audit |
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0 | Hits : 1741
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Finally, FMC to merge with SEBI today
Posted Date : 28-Sep-2015 , 08:51:57 am | Posted By CASANSAAR
In an industry-first, two regulators - the over 60-year-old Forward Markets Commission (FMC) and capital markets watchdog Sebi - will be merged to create a unified regulatory body.
The move will streamline regulation and curb wild speculations in commodities market, while facilitating further m...
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SEBI |
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0 | Hits : 882
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People With Rs 4 Lakh Income on Tax Department's Radar: CBDT
Posted Date : 28-Sep-2015 , 08:45:54 am | Posted By CASANSAAR
Those earning Rs 4 lakh per annum, besides people in tier-II and tier-III cities with taxable income but not paying taxes are on the radar of the Income Tax department which has launched an ambitious drive to net one crore new assesses this financial year.
The Central Board of Direct Taxes (CBDT)...
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Category :
Income Tax |
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1 | Hits : 1665
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CBDT extends the Due Date for Tax Audit Reports from 30th Sept. to 15th Oct.2015???
Posted Date : 27-Sep-2015 , 10:25:19 pm | Posted By CASANSAAR
CBDT extends the Due Date for Tax Audit Reports from 30th Sept. to 15th Oct.2015.
This Message is going viral in Whatsapp Group and still no confirmation from CBDT or Finance Ministry. Plz find enclosed the Notification but wheather its correct or not. Will confirm and update.
It may be f...
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Category :
Tax Audit |
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0 | Hits : 10382
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ICAI Elections 2015 - Total Number of Members (CC & RC) to be elected from each Regional Constituency
Posted Date : 27-Sep-2015 , 02:51:40 pm | Posted By CASANSAAR
Total Number of Members (CC & RC) to be elected from each Regional Constituency:-
Western India Regional Constituency (WIRC)
Central Council (CC) :- 11
Regional Council (RC) :- 22
Southern India Regional Constituency (SIRC)
Central Council (CC) :- 06
Regional Counci...
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Category :
ICAI Election |
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ICAI Election 2015 - FAQs for Election Code of Conduct
Posted Date : 27-Sep-2015 , 02:28:09 pm | Posted By CASANSAAR
ICAI ELECTION 2015
Questions/Queries received and clarifications provided by the Election Cell on Election Code of Conduct/Procedure.
The queries generally received by the Election Cell of the Institute along with the replies given, without disclosing the identity of the querist is give...
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Category :
ICAI Election |
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ICAI Election 2015 - List of nominations received till last date and time
Posted Date : 27-Sep-2015 , 01:13:32 pm | Posted By CASANSAAR
Numbers of Nominations received till the last date and time of receipt of nominations i.e. 6.00 P.M. of 24th September, 2015.
Details of region-wise members whose nominations have been received, within the appointed time and date i.e. 6.00 p.m. on 24th September, 2015 at the designated location, ...
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Category :
ICAI Election |
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0 | Hits : 1708
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Merger of regulators: From Monday, FMC under SEBI umbrella
Posted Date : 27-Sep-2015 , 09:51:54 am | Posted By CASANSAAR
Almost 12 years after it was first suggested, the Securities and Exchange Board of India (Sebi) will complete the merger of Forward Markets Commission (FMC) with itself on Monday. This will bring the commodities derivatives market and its brokers under Sebi norms and integrate the commodities d...
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Category :
SEBI |
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0 | Hits : 684
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