Showing posts with label icai. Show all posts
Showing posts with label icai. Show all posts

Tax Audit Date Extended?- Fake Order doing rounds

Sunday Evening when I was enjoying the evening with family suddenly My Email and Whatapps Message box shown spike of messages which were coming from our viewers and friends. The Most of the Messages/Emails were in respect of one Income Tax order in which it is claimed that Due date for Income Tax Return is been extended to 15th October 2015 from current 30th September 2015.

We checked the Notification for its authenticity and found that the same cannot be relied for the following reasons :-

1. We confirmed with CBDT officials and they denied issue of any such Notifications.

2. We checked the official Websites of Income Tax, Government of India and Finance ministry and have not found any such notification, Order or announcement.

3. Income Tax Press release starts with F. No. while in this order it started with PF N0.

4. in Address of ICAI Pin code is 110001 instead of 110003.

5. Income Tax Office is in North Block not West Block.

6. Income Tax Department do not have ITEN division. Normally such announcement comes from TPL Division or ITA.II Division. 

7. Its been issued on Saturday -26.09.2015 a day when CBDT offices were closed. 

8. At the top date is 26.09.2015 but in signature the date is mentioned as 26/05/2015. 

9. In Subject orders mentions extension of date of ITR but in body the Notification discussed about section 44AB related to Tax Audit. 

10. Due dates for Tax Audit Returns is been specified under section 139(1) not under Section 44AB. Order which is doing rounds on Social media is as follows :-  


We request our readers to not to rely on any such notification unless they confirm the same with official website of Government of India or they may check our website where we will update them if any such announcement comes. 

Source Online Article

CBDT notifies New ITR-3, ITR-4, ITR-5 ITR-6 & ITR -7 for A.Y. 2015-16



[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB- SECTION (ii)]

GOVERNMENT OF INDIA
MINISTRY OF FINANCE
DEPARTMENT OF REVENUE
[CENTRAL BOARD OF DIRECT TAXES]
NEW DELHI

NOTIFICATION

New Delhi, the 29th day of July, 2015
 
S.O. 2070 (E).– In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:-

1. (1) These rules may be called the Income-tax (Tenth Amendment) Rules, 2015.
    (2) They shall be deemed to have come into force with effect from the 1st day of April, 2015.

2. In the Income-tax rules, 1962, in Appendix-II, for FORM ITR-3, FORM ITR-4, FORM ITR-5, FORM ITR-6 and FORM ITR-7, the following FORMS shall respectively be substituted, namely:-
[NOTIFICATION NO. 61/2015/ F.No.142/1/2015-TPL]


(Gaurav Kanaujia)
Director to the Government of India

Note.- The principal rules were published in the Gazette of India, Extraordinary, Part-II, Section 3, Sub-section (ii) vide notification number S.O.969(E), dated the 26th March, 1962 and last amended vide notification number S.O.1683 (E), dated 24.06.2015.

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To Download the Excel Utility follow the below link:

https://incometaxindiaefiling.gov.in/

Use of Prefix CA by unregistered Members & Students is illegal

Important Announcement

Pre – conditions for using the designation Chartered Accountant

It has been brought to the notice of the Institute that certain students undergoing Chartered Accountancy Course are using "CA" designation before their names on Social Networks as well as their personal E-mail addresses.

Students may please note that Sections 7 and 24 of the Chartered Accountants At 1949 empower on a person who has been enrolled as a member of the Institute of Chartered Accountants of India to use the designation of Chartered Accountant along with his/her name.

Non members of ICAI who are using the designation as Chartered Accountant or designatory letters as CA as a prefix to their names are advised to desist from using these designatory letters failing which suitable steps against them in accordance with the provisions of the Chartered Accountants Act, 1949 and Regulations framed there under will be initiated without prejudice to any other penal action under the law in force for the time being.

Director, Board of Studies

NB: Passing CA final exam is not enough to use Prefix Chartered Accountant or CA
Source- ICAI