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Type Archives - Page 72 of 124 - All About Finance

Interest Subvention Scheme as per Union Budget – 2015-16

RBI/2015-16/152FIDD.No.FSD.BC.59/05.04.02/2015-16 August 13, 2015 The Chairman / Managing DirectorAll Public & Private Sector Scheduled Commercial Banks Dear Sir/Madam Union Budget – 2015-16Interest Subvention Scheme Please refer to our letter FIDD CO.FSD.No.10740/05.04.02/2014-15 dated June 17, 2015 conveying extension of Interest Subvention Scheme upto July 31, 2015. In this regard, it is advised that Government of India … Read more

Due Dates of income tax in the August 2015

7 August 2015 – Due date for deposit of Tax deducted/collected for the month of July, 2015 15 August 2015 – Quarterly TDS certificate (in respect of tax deducted for payments other than salary) by a person being an office of the Government for the quarter ending June 30, 2015? 22 August 2015 – Due … Read more

Income from House Property vis-a-vis Busniess Income vis-a-vis Other Sources

Since decades there has been much controversy on Whether Charges received by an Assessee for providing services / facilities and amenities to his tenants, using the nomenclature as ‘Service Charges’, would or would not  constitute the income from house property. As per section 23 of the Income tax Act, 1961, the Annual Letting Value of the premises is the … Read more

Salient Features of Gold Deposit Scheme

The Central Government, with a view to bring privately held stock of gold in circulation, to reduce the country’s reliance on import of gold and to provide its owners with some income apart from freeing them from the problems of storage, movement and security of gold in their possession, had notified the Gold Deposit Scheme … Read more

Electronic Clearing Services – faq

Updated on 24/07/2015 Q.1. What is Electronic Clearing Service (ECS)? Ans : ECS is an electronic mode of payment / receipt for transactions that are repetitive and periodic in nature. ECS is used by institutions for making bulk payment of amounts towards distribution of dividend, interest, salary, pension, etc., or for bulk collection of amounts … Read more

Applicability of Legislative Amendments for Ca Final Examination, November- 2015

  II.          Accounting Standards AS No.   AS Title   2                  Valuation of Inventories   4                  Contingencies and Events Occurring after the Balance Sheet Date 5                  Net Profit or Loss for the Period, Prior Period Items and Changes in Accounting Policies   7                  Construction Contracts (Revised 2002)   10                Accounting for Fixed Assets   12                Accounting … Read more

Invitation for expression of interest for appointments of Internal Auditors for HAL Barrackpore Division

 Barrackpore Division   INVITATION FOR EXPRESSION OF INTEREST (EOI)   EOI NO.: HAL/BKP/EOI/INTERNAL-AUDITOR/01/2015-17 DUE DATE: 14.08.2015 EOI DATE: 15.07.2015 BEFORE: 16:00 Hrs (IST)     Dear Sir/ Madam,     CM (IMM)  Barrackpore Division,  Barrackpore- 700120,  So as to reach, latest on or before 14.08.2015 16 :00 Hrs. (IST)

Revised Guidelines on Conducting Manual Scrutiny of Service Tax Returns to come into Operation from 1st August, 2015

The Central Board of Excise and Customs had issued detailed guidelines in 2009 to its field formations on conducting detailed manual scrutiny of service tax returns. In view of the legal changes brought about by the Negative List based taxation of services and administrative changes like creation of separate Commissionrates for Audit etc, these guidelines … Read more