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  • New Taxation Update

    ICAI enters into an arrangement with Taxmann to provide the contents of website www.taxmann.com at a nominal price of Rs.3500/- to the members. [http://www.taxmann.com/icaimember.aspx].

    As a result of the active participation of our NIRC of ICAI, the problem of parking faced by our members in visiting the income tax office at Civic centre, Delhi has been resolved. Now members can park their cars inside the Civic centre by showing their membership card.

    DVAT department to remain open on all Saturdays also till 31st March, 2013 from 9.30am to 6 pm. [DVAT Circular dated 03-02-2013].

    Sec. 50C of the income tax act, not applicable to transfer of shares or indirect transfer of immovable property through share transfer. [In the ITAT Mumbai Irfan Abdul Kader Fazlani].

    Procedure for grant of approval to electoral trust which will receive voluntary contributions and distribute to political parties.[Electoral Trust Scheme 2013].
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