1)Fees: PCC/IPCC : 1600(Both), 1000(1Grp)
Final: 2250(Both), 1250(1Grp)
2) Any person who is incharge of a CA firm should either be a partner or a paid assistant in that firm(ICAI clarification)
3)Latest TAX update : When the assessee carries out job work as asub contract to make article marketable, it is entitled to claim Sec 80HH benefits
4) Calcutta HC : Gratuitous loan by company to share holder not deemed divident.
5) 10 TAX defaulters who owe India more than 800 billion
6) No service TAX on delayed payment charged claimed by stock broker
7) ICAI to submit report in september on black money. Direct TAX kitty grows 27%
8) When assessee declairs higher profits in its revised return filed after dection of concealment, penalty U/S 271(1)(c) is warranted
