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IndianCAs: Introduction of the UTN which tax payers need to quote along with PAN

Dear All,
The government has decided to shelve the introduction of the Unique Transaction Number (UTN) which tax payers need to quote along with Permanent Account Number (PAN) when tax is deducted/collected at source. The scheme was to have come into force from the New Year.
However, the finance ministry has not ruled out the possibility of introducing a new identity number like UTN from the next fiscal, in addition to the PAN to ensure prompt verification and granting of tax credits to tax payers.
"The introduction of UTN, which was scheduled to be implemented from January 2010, has been shelved in all probability . The process of filing tax returns remains the same as earlier," a finance ministry official said.
A similar arrangement of having a new identity number is under contemplation but it would only happen from the next fiscal, the official said.
The government had earlier said the system of allotting UTN is expected to become operational by January 1, 2010.
The move to in…

Wish you a very Happy New Year 2010

Behind every GOAL, there is the KICK! Start on the RIGHT footing and soar HIGH in the NEW YEAR. Wishing you and your family a HAPPY& PROSPEROUS NEW YEAR! From ASHWINNAGAR+919833015352

IndianCAs: A Day in the Internet [Good Info]

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Report of MCA -2009

Ministry of Corporate AffairsMinistry of Corporate Affairs: preparing ground for Indian Corporates to Play Global 17:18 IST

Surat Branch gets it unanimous Managing Committee

List of members of managing Commitee of Surat Branch
Despite having many differences and bitter contests in recently concluded elections, Surat branch was able to get unanimous managing committee. Many members got invoved in the process and magaed it in the larger interest of profession. Members like Lokesh Khadaria too playes his role and withdrew his nomination, despite being a chairman aspirant. Kudos to all involved. Here is new managing committe:
CA Bhootwala Herekrishna
CA Hitendra Modi
CA Tosniwal H
CA Rajeev Chanda
CA P C Choudhary
CA Pragnesh Jagaseth
CA Nishit Mehta
CA Dharmesh Tamkuwal

Final Results of SIRC regional Council

Sr. No.Name of CandidateCity1CA. Babu Abraham Kochi2CA. Murali S. Coimbatore3CA. Phalguna Kumar E. Tirupati4CA. Prasanna Kumar D. Visakhapatnam5CA. Suresh P.R. Bangalore6CA. Naresh Chandra Gelli V. Hyderabad7CA. Aruloli P.R. Bangalore8CA. Gopal Krishna Raju Chennai9CA. Viswanath K. Chennai10CA. Jose V X Kochi<