Lecture Meeting on Information Technology Act

Vice Chairman CA Girish Mulye welcoming Adv. Prashant Mali

Adv. Prashant Mali delivering lecture on 

'Information Technology Act.'

For Presentation Click here

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Audit Under SAP Environment

Chairman welcoming the speaker CA. Shirish Padey

CA Shirish Padey giving lecture on

'Audit under SAP Environment.'

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Kokan Seminar - Chivala Beach, Malvan

CA. Niranjan Joshi - Capacity Building of CA Firms

CA. Dilip Phadke - Issues in MVAT Audit

Mr. Nitesh Shah - ICAI's Capacity Building initiative for Small & Medium Practioners

Course Material

Capacity Building of CA firms - CA Niranjan Joshi Click Here

Issues in MVAT Audit - CA Dilip Phadke Click Here

For more photos Click Here

Seminar on Laws applicable to Builders & Contractors

Speaker: CA. Rajeev Luthia

Speaker: CA. Dilip Phadke

Speaker: CA. Mukund Bhave

Speaker: CA. Sanjay Vhanbatte

Course Material

Service Tax - CA Rajeev Luthia Click Here

VAT - CA Dilip Phadke Click Here

Income Tax - CA Sanjay Vhanbatte Click Here

AS7 - CA Mukund Bhave Click Here

More Photos Click Here

Notified Long-term Infrastructure Bonds for sec 80CCF of IT Act

CBDT has notified New infrastructure Bonds u/s 80CCF.An Individual or HUF can invest in these new infrastructure Bonds upto Rs 20000/- in a Financial years.

Main features of this new section and new notification is given below

1. New section can be availed by individual or HUF only.
2. 20000/- rs can be invested in a Financial year to avail deduction under section 80CCF
3. 20000/- Limit is in addition to 100000/- Limit of setion 80C,80CCC,80CCD
4. Tenure of the Bonds will be 10 Years.
5. However Lock in period is 5 years ,after 5 years investor can withdraw money from the bonds
6. After lock in period ,Investor can take loan against these Bonds  
7. Issuer of the Bonds is LIC,IFCI,IDFC and other NBFC classified as infrastructure company.
8. Permanent account Number is must to apply these bonds.
9. Yield of the bond – The yield of the bond shall not exceed the yield on government securities of corresponding residual maturity, as reported by the Fixed Income Money Market and Derivatives Association of India (FIMMDA), as on the last working day of the month immediately preceding the month of the issue of the bond. 

For detailed Notification

Circular of Co-operative Commissioner

Circular issued by Commissioner of Co-operatives on Mis utilisation of funds
Click here

VAT Notification

Composition scheme for dealers who undertakes the construction of flats, buildings etc
Notification in Marathi
Notiifcation in English

Increase in Fees for Registration of Firms

The Registrar of Firms has communicated through a letter the revised fees for Registration of Firms.
Click here to view.

Advanced Course on Co-operative Banks & Societies

The 1st Advanced Course on Co-operative Banks & Societies was organised by Committee on Co-operatives of WIRC & our Branch on 17th & 18th June 2010

Course Material

Liability of the Auditor - Suresh Pawar Click Here

Direct Tax Provisions as applicable to Co-operative Societies - CA Pramod Shingte Click Here

Indirect Tax Provisions as applicable to Co-operative Societies - CA M B Abhayankar Click Here

Inquires under Co-operative Act - CA B B Mane Click Here

System Audit of Co-operative Banks - CA Abhay Mate Click Here

For more photos of seminar Click Here

TDS rules amended

  CBDT has amended the Income tax rules,1962 by notification No. S.O. 1261(E). The procedure of filing TDS/TCS returns and issuing TDS certificates have been changed.

  Summary of amendments

1. Rule 30, 31, 31A and 31AA have been substituted and the revised rules are applicable from the financial year 2010-11onwards.
2. Existing rules will continue to be applicable for the financial year 2009-10 and earlier years.
3. Due date for filing TDS/TCS returns of 4th quarter will be 15th May instead of 15th June.
4. Form 16A needs to be issued quarterly and within fifteen days from the due date for furnishing quarterly return. No option to issue Form 16A annually.
5. Form 16 needs to be issued within 31^st May.
6. The due date for depositing TDS where income is credited or paid in the month of March shall be 30^th April.
7. Form 16 and 16A have been amended.
8. TDS/TCS returns have to be filed electronically where no. of deductees for any quarter of the financial year is 20 or more.
   
   
   For notification Click here

Investor Awareness Programme

Shri Sureshchandra Acharya, Divisional Manager LIC inaugurating the public function.

L to R CA Girish Mulye, CA Sanjay Sane, Shri Vilas Mahajan, Shri Chandrashekhar Tilak, CA Mahesh Dharmadhikari, CA Sunil Nagaonkar

Chairman CA Sanjay Sane welcoming the public

CA Mahesh Dharmadhikari giving his speech

Shri Sureshchandra Acharya addressing the gathering.

CA Sanjay Sane welcoming Shri Sudharm Waze, Event Manager, Daily Sakal

Shri Vilas Mahajan delivering his lecture.

Discussion on Direct Tax Code

Branch Cahirman Sanjay Sane welcoming CA Kirit Sommaiya

CA Anil Jadhav introducing the speaker

Session Chairamn CA R B Joshi opening the discussion

CA Kirit Sommaiya delivering his speech

Vote of thanks by treasurer CA Shrirang Kulkarni

Programme on Union Buget 2010-11

Chairman CA Sanjay Sane welcoming the members

CA Wasimraja Mulla introducing the speaker

Session Chairman CA Sanjay Vhanbatte giving his remarks

Speaker CA Kedar Kumbhojkar delivering his speech

Participants for the programme

CA Preeti Chougule proposing vote of thanks

Public Programme on Union Budget 2010

CA Mukund Bhave introducing the speakers

CA V T Thakar delivering his speech on Indirect Tax proposals