Checking of totaling of marks etc. in the answer books of CA examinations, after they have been evaluated by the examiners, is being assigned/carried out by members of the Institute, who are empanelled for the purpose. Accordingly, application are hereby…
Changes made in W.B.V.A.T.Act,2003 and in W.B.V.A.T.Rules,2005
Trade_Circular_16_2014 Every year after publication of the West Bengal Finance Act and of corresponding notifications by government effecting the procedural matters connected with the changes made in that Finance Act, it becomes necessary for issue of Trade Circular specifying the important…
Manner of distribution of common input service credit under rule 7(d) of the Cenvat Credit Rules, 2004
Circular No. 178/4/2014-ST Dated: 11th July’ 2014 Doubts have been raised regarding the manner and extent of the distribution of common input service credit in terms of amended rule 7 [especially rule 7(d)] of the Cenvat Credit Rules, 2004 (CCR). Rule 7 provides…
Circular regarding Joint Ventures and levy of service tax
Circular No. 179/5/2014-ST Dated: 24th Sep’ 2014 Certain doubts have been raised regarding the levy of service tax on taxable services provided (i) by the members of the Joint Venture (JV) to the JV and vice versa; and (ii) inter se…
Delegation of powers of CBEC under rule 3 of Service Tax Rules, 1994
NOTIFICATIO No. 21/2014-SERVICE TAX Dated: 16th September, 2014 G.S.R (E).- In exercise of the powers conferred by section 37A of the Central Excise Act, 1944 (1 of 1944), read with section 83 of the Finance Act, 1994 (32 of 1994), the Central…
Appointment of officers in various Directorates
NOTIFICATION No. 22/2014-SERVICE TAX Dated: 16th September, 2014 G.S.R (E).- In exercise of the powers conferred by clause (b) of section 2 of the Central Excise Act, 1944 (1 of 1944), read with clause (55) of section 65B of the Finance Act,…
India’s External debt jumps from $12.6 billion to $346.6 billion in June, 2014
The country’s international investment position (IIP) has deteriorated during the June quarter as net claims of non-residents rose $12.6 billion to $346.6 billion following a sharper rise in the value of foreign-owned assets in the country vis-a-vis rise in the value of residents’ financial…
Banks may tighten their norms for Fixed Deposits also
The Finance Ministry has asked public sector banks to tighten norms, including KYC monitoring for high-value fixed deposits, to check the kind of frauds suspected to have been committed at Dena Bank and OBC. The ministry would like banks to make a full-proof arrangement…
Order under section 119 of Income Tax Act, 1961 for Extension of due date for Furnishing of Return of Income
Section 44AB of the Income-tax Act, 1961 („the Act‟) read with rule 6G of the Income-tax Rules, 1962 („the Rules‟) requires certain persons to file tax audit report in Form No.3CA/Form No.3CB along with prescribed particulars in Form No.3CD. Vide…
Appointment of Internal Auditor for West Bengal Forest & Biodiversity Conservation Society
The Project Management Unit (PMU) of the West Bengal Forest and Biodiversity Conservation Project (hereinafter referred to as the ‘Project’) launched by the West Bengal Forest and Biodiversity Conservation Society (hereinafter referred to as Society), a Society under the aegis…
Engaging Chartered Accountants Firm for Internal Auditing of Indian Strategic Petroleum Reserves Ltd. Noida (ISPRL)
Tenders are invited by INDIAN STRATEGIC PETROLEUM RESERVESLIMITED, NOIDA (ISPRL), for engaging a Chartered Accountant Firm for the year 2014–15 for carrying out the work of internal auditing Last date and time of submission of Tender: 15.10.2014 up to…