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Fudged A/cs, Tax Evasion worth Crores Found: CBDT

The Ministry of Income Tax has reported alleged stock manipulation, falsification of accounts and tax evasion worth millions of rupees following a recent raid on two manufacturing and real estate groups based in Uttar Pradesh.While a statement issued by the Central Council of Direct Taxes (CBDT), the tax department's policy-making body, did not mention any entity, sources said they were associated with...

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Forex reserves fall $4.5 billion in two weeks

India's foreign exchange reserves fell $ 1.783 billion for the week ending December 3, the second straight decline as foreign investors remained in the portfolio as net traders on the stock market. Weekly data from Bank of India shows total reserves total $ 636.9055 billion. In the past two weeks, reserves have plummeted by $ 4.5 billion. The devaluation of the national...

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Govt earned over Rs 8 lakh cr from taxes on petrol, diesel in last 3 fiscals: FM Sitharaman

Over the past three years, the center received about $ 8.02 tax on gasoline and diesel, which collected more than 3.71 Karishi was collected in FY 2001, the finance minister reported Tuesday. The Minister responded to questions to walk in the task of Makus in gasoline and diesel over the past three years and turnover details derived from different taxes on this...

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VERY BIG NEWS FOR CA STUDENTS BY ICAI

2 New Formats For Answer Sheet For CA Exams Revealed By ICAI Description With MCQ - Like Audit And Law Papers Elective NOTE :- We have to tick questions on the Second page left hand column MCQ to be filled by HB Pencil Only - with no rough work to be done on the OMR Cover page. For more information please visit...

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ADMIT CARDS CA STUDENTS DEC 2021 EXAMS

CA intermediate exams are conducted by ICAI (Institute of Chartered Accountants of India). Every year CA exams are conducted twice a year. Candidates who registered themselves for the December month exams will be able to download the CA intermediate admit card 2021 from the official website. Admit card is a mandatory document that includes information like roll number, examination center, registration number...

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IPL Matches Not Liable For Tax : ITAT

IPL Matches Not Liable For Tax : ITAT The Income Tax Appellate Tribunal has held that the Board of Control for Cricket in India (BCCI) is entitled to registration under Section 12A of the Income Tax Act, which makes it eligible for tax exemption, despite the launch of the Indian Premier League Tournament. The ITAT held that just because IPL is structured...

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EVERY THING YOU NEED TO KNOW ABOUT JUNIOR ACCOUNTANT VACANCY 2021

Our Junior Accountant Online Course and Junior Accountant Offline Batches have been proven effective and impactful at the same time for Junior Accountant aspirants. The Course for Junior Accountant and the Syllabus for Junior Accountant is divided into two parts - Part ā€œAā€ and Part ā€œBā€ . Part ā€œAā€ includes 60% weightage in examination and Part ā€œBā€ includes the rest 40% weightage...

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