AN AUDITOR CAN BE REMOVED WITHOUT APPROVAL FROM CENTRAL GOVT UNDER NEW COMPANY LAW

AN AUDITOR CAN BE REMOVED WITHOUT APPROVAL FROM CENTRAL GOVT UNDER NEW COMPANY LAW : BY CA NITESH MORE

It is generally said by every expert that an auditor will be removed under new company Law only after obtaining previous approval of central Govt. Sec 140(1) confirms this. However, I think that an auditor can be removed under new company Law without obtaining previous approval of central Govt also .

A)   The auditor can be removed under sec 140(1) with previous approval of CG

B)   The auditor can also be removed under sec 139(9) without approval of CG

A)     Removal by Special Resolution and previous approval of the Central Government: [Sec 140(1)]

v  The auditor appointed under section 139 may be removed from his office before the expiry of his term

Appointment of Chartered Accountants Firm For Finalization Of Project Cost Of Unit No 1 AND 2 2X600 MW Of SSTPP Project

Madhya Pradesh Power Generation Company Limited
Last Date : 23/01/2014
Appointment of Chartered Accountants Firm For Finalization Of Project Cost Of Unit No 1 AND 2 2X600 MW Of SSTPP Project

Address: Madhya Pradesh Power Generation Company Limited,BLOCK NO. 9, SHAKTI BHAWAN: JABALPUR
Phone:
Email:

Work Of Form For Internal Auditor Of RSBCL Depot.

Rajasthan State Beverages Corporation Limited
Last Date : 23/01/2014
Work Of Form For Internal Auditor Of RSBCL Depot.

Address: Rajasthan State Beverages Corporation Limited,Vitta Bhawan,D-Block,1st Floor,Janpath,Jaipur.
Phone:
Email:

Vacancy for CA in Credit Cruisse

Job ID:

031217

Location:

Pune

Schedule:

Full-time

Business Area:

Shared Services

Junior Accountant

We Offer...

Key responsibilities - IC Cash Settlement process

•  Analyse Intercompany receivables and payables on a monthly or higher frequency
• Generate invoices towards receivables from multiple entities globally in line with local requirements

Vacancy for CA(Inter), ICWA (Inter/Final) / CS (Inter/Final) in National Institute Of Fashion Technology

Employment Notice For

Computer Engineer, Research Assistant, Machine Mechanic, Senior Assistant Accounts, Steno-Grade-III, Junior Engineer

City / State

Bhubaneswar , Orissa

Vacancy for CA(Inter), ICWA (Inter/Final) / CS (Inter/Final) in NIFT

Sr Assistant Accounts

National Institute of Fashion Technology (NIFT)

Address: National Institute of Fashion Technology, NIFT Campus, Plot No. 24, Opposite KIIT School of Management

Postal Code: 751024

City Bhubaneswar

State Odisha

Educational Requirements: i) Commerce graduates with CA(Inter), ICWA (Inter/Final) / CS (Inter/Final) or ii) Post-graduate in Commerce/ Economics / Statistics / Mathematics from a recognised University / Institute of repute. Diploma / Certificate in Computer Applications Operation with latest software MS Office (Word /

Vacancy for CA/ICWA/CS in DSNLU

Damodaram Sanjivayya National Law University (DSNLU)

Address: Damodaram Sanjivayya National Law University, Plot No. 116, Sector – XI, MVP Colony

Postal Code: 530017

City Visakhapatnam

State Andhra Pradesh

Pay Scale: Rs. 18030-43600

Vacancy for CA/ICWA in Deloitte

Hyperion Financial Management ‑ Functional Consultant

Designation                  - Senior Consultant / Manager M1

Education                     ‑ CA / ICWA / MBA (Finance )

Experience Required     ‑ 4 ‑ 8 years (min. 3 implementations)

Mandatory Skills

Hyperion Financial Management

Financial Data Quality Management ( FDM )

Financial Reporting  (FR )

Indian Gap Consolidation is must (IGAAP reporting )

Sony Vaio Flip series launched in India at Rs.94990

http://newsyoucanusebeta.blogspot.in/2014/01/sony-vaio-flip-series-launched-in-india.html

Compilation & Finalization Of Annual Accounts, Preparation Of Balance Sheet, Receipt And Payment Account And Income & Expenditure Account And Any Other Accounts Associated Services

Motilal Nehru National Institute Of Technology
Last Date : 22/01/2014
Compilation & Finalization Of Annual Accounts, Preparation Of Balance Sheet, Receipt And Payment Account And Income & Expenditure Account And Any Other Accounts Associated Services

Address: Motilal Nehru National Institute Of Technology,Allahabad - Uttar Pradesh
Phone:
Email:

Notice inviting Expression of Interest for Due Diligence Audit of Branch Building Projects of the Institute of Chartered Accounts of India. - (21-01-2014)

Notice inviting Expression of Interest for Due Diligence Audit of Branch Building Projects of the Institute of Chartered Accounts of India. - (21-01-2014)

Exposure Draft of the Novation of Derivatives and Continuation of Hedge Accounting (Amendments to Ind AS 39) (Comments to be received by February 21, 2014).-(21-01-2014)

Exposure Draft of the Novation of Derivatives and Continuation of Hedge Accounting (Amendments to Ind AS 39) (Comments to be received by February 21, 2014).-(21-01-2014)

IT : Where equipment purchased for starting FM radio broadcasting services could not put to use till end of relevant financial year as licence could not be obtained from Ministry, depreciation thereon could not be allowed

IT : Where equipment purchased for starting FM radio broadcasting services could not put to use till end of relevant financial year as licence could not be obtained from Ministry, depreciation thereon could not be allowed

Service recipient is required to reimburse Service Tax paid by the Service provider

Service recipient is required to reimburse Service Tax paid by the Service provider

 We are sharing with you an important judgement of the Hon’ble Allahabad High Court  in the case of Bhagwati Security Services (Regd.) Versus Union of India [2013 (11) TMI 649] on the following issue:

 Issue:

 Whether the service provider can get the reimbursement of service tax already paid by him, from the service

ST - Appellant, an IITian rendered consultancy services in respect of metal development and received professional fees - such service cannot be termed as Market Research Agency Service: CESTAT

ST - Appellant, an IITian rendered consultancy services in respect of metal development and received professional fees - such service cannot be termed as Market Research Agency Service: CESTAT 

MUMBAI : A SCN was issued to the appellant demanding Service Tax of Rs.45,000/- on the ground that the appellant is engaged in conducting marketing research in relation to steel products, hence are covered under Market Research Agency service.

As the lower authorities confirmed the demand and imposed penalties, the appellant is before the CESTAT.

The President of India gives assent to the creation of Directorate of Income Tax (Risk Assessment)

CREATION OF DIRECTORATE OF INCOME-TAX (ASSESSMENT) AT NEW DELHI

NOTIFICATION NO.GSR 22(E) [F.NO.HRD/CM/196/1/2013-14/26/2014-AD.VII], DATED 16-1-2014

The President of India is pleased to give his assent to the creation of Directorate of Income Tax (Risk Assessment), Central Board of Direct Taxes, Department of Revenue, Ministry of Finance, with immediate effect.

2. The Directorate of Income Tax (Risk Assessment) will be headed by a Director General of Income Tax

Vacancy for CA in JP Morgan Chase

Assistant Vice President - CIB Projects, CIB Finance, Global Finance, Mumbai-140005913 Job Description Outline of Role: Purpose: ·          CIB Finance participate in and manage a broad portfolio of projects, ranging from multi-year programs to replace strategic product systems, rolling out new products, building out new branches, to ongoing finance process improvement. ·          Responsible to deliver Business Expansion & Product System Integration Projects (Liquidity Solutions, Core Cash Product, New Legal Entity Projects etc.) in APAC/EMEA Region. Projects consists of APAC/EMEA Region specific as well

Vacancy for CA in HSBC

Job Description 

Assoc Corp Rel Support Mgr : 00003SDW 

Description

 

• Prepare quality, creditworthy new business and review proposals within agreed deadlines for submission to the appropriate approval authorities.

·         Assist HSBC to attain its strategic growth targets while at the same time maintaining a high quality loan book; and,

Vacancy for Inter CA/ICWA in NTPC

Post: Accountant
Age: Below 30 years as on 10-02-2014.
Pay Scale: Rs. 15500 - 3%- 34500
Qualification: Qualified Inter CA/ ICWA.
Experience: 1 year post qualification experience in relevant areas.

Job Profile:

Vacancy for CA/ICWA in DMRC

ADVT No. DMRC/PERS/22/HR/2013 (59), Dated: 07/11/13
Ref: This office advt No. DMRC/PERS/22/HR/2013 (58) dated 25/09/13.
Requirement Of Junior Engineer (CIVIL) For Phase-III Projects Of DMRC On Contract Basis For A Period Of Four Years.
Post Details:

• GM (Civil)
• DGM/Civil
• DGM(Electrical)
• Manager (Finance)
• Account Assistant

This is with reference to this office aforesaid advertisement dated 25.09.13 calling applications for 10

No s. 40(a)(i) TDS disallowance for amounts made taxable due to retrospective amendment.

Infotech Enterprises Limited vs. ACIT (ITAT Hyderabad)

No s. 40(a)(i) TDS disallowance for amounts made taxable due to retrospective amendment. Also, concept of “business connection” u/s 9(1)(i) & “fees for technical services” u/s 9(1)(vii) explained

The assessee entered into an agreement with its associated enterprises (AEs) outside India pursuant to which it sub-contracted some of the work that it had obtained from its customers. The assessee incurred an expenditure of Rs.19 crore towards “technical consultancy charges” paid to the said AEs. The AO & DRP held that the assessee was “habitually securing orders” for the AEs from India and that there was a ‘business connection’ between the assessee and the AEs under Explanation 2 to s. 9(1)(i). Alternatively, it was held that the amount was assessable as “fees for technical services” u/s 9(1)(vii). As the assessee had not deducted TDS u/s 195, the expenditure was

S. 2(47)(v): A development agreement by which possession is transferred to developer is not a “transfer” for capital gains purposes if developer’s willingness to perform his part of the contract is not ascertainable with certainty

Fibars Infratech Pvt. Ltd vs. ITO (ITAT Hyderabad)

S. 2(47)(v): A development agreement by which possession is transferred to developer is not a “transfer” for capital gains purposes if developer’s willingness to perform his part of the contract is not ascertainable with certainty

The assessee entered into a Development Agreement-cum-GPA with MAK Projects on 15.12.2006 (AY 2007-08). The agreement provided the MAK would construct a villa township in 30 months and that the assessee was entitled was entitled to a certain portion (16 villas) of the developed area as consideration for the transfer of the land. Though possession of the property was handed over to the developer, the assessee claimed that the

Aviation firm CFO arrested for Rs 1 cr service tax evasion

http://www.business-standard.com/article/economy-policy/aviation-firm-cfo-arrested-for-rs-1-cr-service-tax-evasion-114012000505_1.html

Tax-Estimation Tool Updated by AICPA

Accountingweb.com reported on January 13 that an online calculator from the AICPA that provides taxpayers with a clearer picture of the types of taxes they have to pay and their estimated amounts has been updated through 2013. Staff writer Jason Bramwell wrote that the AICPA Total Tax Insights calculator helps taxpayers gauge the impact of more than twenty different federal, state, and local

Private-company GAAP alternatives could unlock savings

The first two GAAP alternatives created by the Private Company Council (PCC) were released by FASB on Thursday, giving private companies new options for possible cost savings in their financial reporting.
FASB released Accounting Standards Updates describing the alternatives. They are:

• An exemption for private companies from the requirement to perform impairment testing for goodwill subsequent to a business combination.
• A simplified hedge accounting approach for certain interest-rate swaps that private companies other than financial institutions enter to convert variable-rate debt to fixed-rate debt. Private companies whose only derivatives are

Statutory Audit of Corporation Record for year 2010-11 to 2012-13

Bihar State Schedule Case Cooperation Development Corporation Limited
Last Date : 21/01/2014
Statutory Audit of Corporation Record for year 2010-11 to 2012-13

Address: Malanil Bhawan, Budha Colony, Patna-800001
Phone:
Email:

Proposal is invited from chartered accountant firms for appointment of auditor for internal audit of SHGs promoted through MPoWeR project-rajasthan from 2010 to december 2013

Rural Development And Panchayati Raj Department
Last Date : 21/01/2014
Proposal is invited from chartered accountant firms for appointment of auditor for internal audit of SHGs promoted through MPoWeR project-rajasthan from 2010 to december 2013

Expression of Interest from reputed Firms of Chartered Accountants established in Himachal Pradesh for Audit of Accounts for the financial year ending on 31-03-2014

Department Of Excise And Taxation
Last Date : 21/01/2014
Expression of Interest from reputed Firms of Chartered Accountants established in Himachal Pradesh for Audit of Accounts for the financial year ending on 31-03-2014

Address: Himachal Pradesh,Block NO.30 SDA Complex Kasumpti Shimla-171009
Phone: 01772621635
Email:

Company Secretary Requirement in IRCTC

Post Details:
Company Secretary (AGM/ JGM/ DGM scale of pay)
Pay Scale:
Rs. 36600- 62000 (E6) / Rs. 32900-58000 (E5)/ Rs.29100-54500 (E4) depending on the experience & suitability of the candidate
Qualification
Essential :- Associate Company Secretaryship/ Fellow Company Secretaryship. Degree in Law.
Desirable :-CA/ICWA/ MBA will be an added advantage

Apple takes on Android tabs in India, offers iPad mini for Rs 4,999 down

http://newsyoucanusebeta.blogspot.in/2014/01/apple-takes-on-android-tabs-in-india.html

Director of Finance InterContinental Hotels Group vacancy

Director of Finance (

Job Number:

 JAI000019)

Description

 

KEY RESPONSIBILITIES

Job Summary – (Role Summary)

·      Responsible for the supervision of all members of the Accounting Department; Providing functional guidance to Executive Committee and Department Heads; Interacting with hotel’s legal counsel, insurance companies, tax consultants, auditors, commercial and government banks to effectively control the assets

'Rote learning, less grace marks led to CA result disaster

MUMBAI: Rote learning by students and the Institute of Chartered Accountants in India's decision to have a "stringent grace marks" policy could be the reason behind the shocking dip in the final chartered accountancy (CA) results announced on Wednesday. Only 3.11% of the 32,536 candidates cleared it, the lowest pass rate in recent years.

Several students found the question papers on the tougher side. Even topper Gaurav Shrawagi claimed the accounts paper was tricky. "One had to read the questions carefully before attempting them," he said. Delhi's

INCOME-TAX (FIRST AMENDMENT) RULES, 2014 – AMENDMENT IN RULE 44CA

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 (1st Amendment) Rules, 2014.

(2) They shall come into force on the date of their publication in the Official Gazette.

2. In the Income-tax Rules, 1962, in rule 44CA, -

(a)

in sub- rule (1), for the bracket and words "(other than the Annexure and the statements", the bracket

No TDS on Service Tax Component - CBDT Circular

The CBDT has issued Circular No. 1/2014 dated 13.01.2014 pointing out that the Rajasthan High Court has taken the view in CIT(TDS) vs. Rajashthan Urban Infrastructure - 

"that if as per the terms of the agreement between the payer and the payee, the amount of service-tax is to be paid separately and was not included in the fees for professional services or technical services, no TDS is required to be made

Appointment of Internal Auditor for KCMMF (milma) Head Office and its units

Kerala Co-operative Milk Marketing Federation Ltd.
Last Date : 20/01/2014
Appointment of Internal Auditor for KCMMF (milma) Head Office and its units

Address: Kerala Co-operative Milk Marketing Federation Ltd.Milma Bhavan, Pattom Palace P.O., Thiruvananthapuram - 695004
Phone: 2555981
Email: milma@md2.vsnl.net.in

Empanelment of partnership chartered/ cost accountant firms for internal audit of coal sale

Mahanadi Coalfields Limited
Last Date : 20/01/2014
Empanelment of partnership chartered/ cost accountant firms for internal audit of coal sale, physical verification of fixed assets and perpetual inventory audit including charge off stores of mahanadi coalfields ltd. for 2014-15

Announcement - Setting up of CICASA Branch at SIKAR. - (17-01-2014)

Announcement - Setting up of CICASA Branch at SIKAR. - (17-01-2014)

Vacancy for CA in Rajkot Nagarik Sahakari Bank Ltd.

Employment Notice For

Jr.Executive, Manager

City / State

Rajkot , Gujarat

Advertisement No

Last Date

18,20,23-01-2014

Vacancy for CA/ICWA in Uttarakhand Jal Vidyut Nigam Ltd.

Accounts Officer

Uttarakhand Jal Vidyut Nigam Ltd.

Address: UJVN Limited, Corporate Office “UJJWAL”, Maharani Bagh, GMS Road

Postal Code: 248006

City Dehradun

State Uttarakhand

Pay Scale: Rs. 15600-39100 & Grade Pay Rs. 5400.00

Educational Requirements: Chartered Accountant (CA)/ ICWA/MBA with specialization in

CA Final Results of Last 22 Term : May 2003 – Nov 2013 : An Interesting Analysis

CA Final Results of NOV 2013 term declares today (15^th January 2014) morning. First of all many many congratulations to NEWLY Qualified CA's.  

In recent times, Hiring of Newly CA's had hits an all time low and as per the information available in various sources, number of CAs passed in last 2-3 terms had not get good placements. This sentiment is clearly reflecting in Latest FINAL Results and the numbers are really really surprising.  

Lets Check the Analysis: 

1. Passing percentage of students appearing in Both Group is 3.11%. [Lowest among last 22 terms / 11 Years][As per available data]. Only 1013 students has successfully passed both groups which is lowest among last 7 terms and also 4th lowest in last 22 terms / 11 years.  

2. Passing percentage of students only appearing in First Group is 5.67%. [Lowest among last 22 terms / 11 Years][As per available data]. Only 2932 students [Out of 51278 students] has passed First group, the numbers are 2nd lowest in last 22 terms / 11 years. 

3. Passing percentage of students only appearing in Second Group is 7.35%. [Lowest among last 22 terms / 11 Years][As per available data]. Only 4026 students [Out of 54786 students] has passed Second group. 

4. Total 1.39 Lakh students [Highest in CA Final Exams Ever] appeared in Final Exams this term. [Only First Group + Only Second Group + Both Group]. Out of the same only 7971 students had passed [2nd Lowest among last 21 terms / 11 Years][As per available data]

CA results: Five from Ahmedabad in India's top 50 -

http://timesofindia.indiatimes.com/home/education/entrance-exams/CA-results-Five-from-Ahmedabad-in-Indias-top-50/articleshow/28854580.cms

CA final exam: Aditi Mishra tops in the Indore

http://www.dnaindia.com/india/report-ca-final-exam-aditi-mishra-tops-in-the-indore-1951949

CA exam: Only 2 from Jaipur in top 50

http://timesofindia.indiatimes.com/city/jaipur/CA-exam-Only-2-from-Jaipur-in-top-50/articleshow/28861441.cms

ICAI Programme for female CAs

http://220.227.161.86/30982bos-fwrp-24-25-main-female.pdf

Subrato Ray Sahara Gets 1800 Cr Breather from ITAT In Bogus Deposits

DCIT vs. Sahara India Financial Corpn. Ltd (ITAT Delhi)

S. 68 cash credits: A bank, NBFC etc is not required to give conclusive proof of the identity, credit worthiness etc of the depositor. Practical view has to be taken of deficiencies in KYC norms, absence of PAN card etc

The assessee, a RNBFC, received a large volume of deposits of small and medium value through a wide network of rural agents. The AO appointed a special auditor to verify the new deposits collected during the year in terms of s. 68. The auditor alleged that the assessee had not cooperated during the audit procedure and not provided copies of the accounting software etc. It was also alleged that there were inconsistencies in the deposit registers such as the same name with same address was appearing repeatedly, the PAN of the

IT: Where retiring partner took cash towards value of his share in partnership firm and there was no distribution of capital assets among partners, there was no transfer of capital asset and, therefore, no profits or gains chargeable to tax under section 45(4) arose in hands of assessee-firm

IT: Where retiring partner took cash towards value of his share in partnership firm and there was no distribution of capital assets among partners, there was no transfer of capital asset and, therefore, no profits or gains chargeable to tax under section 45(4) arose in hands of assessee-firm

Cost audits are a nuisance

http://www.thehindubusinessline.com/opinion/cost-audits-are-a-nuisance/article5583017.ece

Appointment of Concurrent Auditor for Quarterly concurrent Audit under NRHM for the year 2013-14 for State Health Society, D&NH

Department Of Medical And Health Service
Last Date : 17/01/2014
Appointment of Concurrent Auditor for Quarterly concurrent Audit under NRHM for the year 2013-14 for State Health Society, D&NH

Notice inviting Expression of Interest to carry out audit of IT Directorate of ICAI - (13-01-2014)

Notice inviting Expression of Interest to carry out audit of IT Directorate of ICAI - (13-01-2014)

Vacancy for CA/ CS in E & Y

Job Description 

India National - CA Freshers - South - IND002D5

India

Job Title (Internal/External) : Consultant – Tax (Direct /Indirect) and Risk

Essentials
• Excellent managerial, organizational, analytical and verbal/written communication skills

Central Govt extends service tax exemption to sponsorship of national sports events; Amends Mega Exemption Notification No. 25/2012 - ST

Service Tax :

Central Govt extends service tax exemption to sponsorship of national sports events; Amends Mega Exemption Notification No. 25/2012 - ST

---

Notification No.01/2014 Service dated January 10, 2014 

Appointment of Concurrent Auditor for Quarterly concurrent Audit under NRHM for the year 2013-14

Department Of Medical And Health Service
Last Date : 17/01/2014
Appointment of Concurrent Auditor for Quarterly concurrent Audit under NRHM for the year 2013-14 for State Health Society, D&NH

Study Circle Meeting on 12 01 14 - Malad Goregaon CPE Study Circle

Day and Date: Sunday 12^th January, 2014

Subject :  Financial Planning tools and CA Practice

Venue :  Kandivali Recreation Club, Near S.V.P. School, Shantilal Modi Marg, Kandivali (West), Mumbai

Filing of return before due date isn’t a pre-requisite for availing of immunity

IT : Where assessee surrendered income during search, explained manner in which it was derived in statement and paid tax as well as interest thereon, it was not necessary to file return before due date to get immunity from penalty for concealment under

Vacancy for CA in JP Morgan Chase

Job Description 

Sr.Analyst - IAM Client Reporting, Asset Management, Global Finance, Mumbai-140000072

Job Description

 

Description

The Client Reporting team is part of the Institutional Asset Management group within JPMorgan Asset Management and is responsible for producing and delivering standard monthly and quarterly investment performance reports to Institutional investors throughout the US.

Vacancy for CA in EXIM Bank

Fresher Fresher - Details of Post :

Manager

Position :Manager

No. Of Posts : 11
Functional Area : Corporate Loans & Advances, Project/Trade Finance/Lines of Credit
Essential Academic Qualification :Post Graduate in Business Management or Chartered Accountants (CA) or Graduates in Engineering. Minimum 55% aggregate marks in Graduation. and Minimum 55% aggregate

Vacancy for CA/ICWA in American Express

Assistant Manager / Manager Job

Date: Oct 3, 2013

Location: GURGAON, HARYANA, IN

Assistant Manager / Manager-13013675

Description
The individual will be part of the Global Operations & Accounting (GO&A) organization - at FC-East and will be responsible for various Accounting, Payments and Analytical jobs which includes accrual & payment accounting, adequacy analysis, contract review, reconciliation reviews, detailed account analysis for entire

Vacancy for CA/ICWA in Power Grid Corporation of India

Deputy Manager (F&A)

Power Grid Corporation of India

Address: The Advertiser (PG), Post Box No. 9248, Krishna Nagar Head Post Office

Postal Code: 110051

City New Delhi

State Delhi

Pay Scale: Rs.32,900-58,000

Educational Requirements: B.Com with Ist class/ division and passed the final examination of CA / ICWA with demonstrable skill in use of MS Office and Windows. The candidates should have passed CA/ICWA

Joint account holder facility for NRIs

In what could make banking a breeze for non-resident Indians, the RBI has allowed their relatives to become joint account holders in the savings bank account in the country.

According to the banking regulator, such an account will be treated as resident bank account for all purposes and all regulations applicable to a domestic account will be applicable.

“The joint account holder facility will be extended to all types of resident accounts, including savings bank

Preparers oppose PCAOB’s plan for more auditor disclosures

The message from financial statement preparers to the PCAOB about the content of audit reports is clear.
Preparers don’t want their responsibilities usurped by auditors.
“While some investors may desire improvements in disclosures, the proper source of this information is management and not the auditor,” Fedex Corp. told the PCAOB in a comment letter on the board’s proposal to expand disclosures in

Filling up of 14 posts of Technical Member in the National Company Law Tribunal (NCLT) - inviting applications for. CA

Ministry of Corporate Affairs
Last Date : 13/01/2014
Filling up of 14 posts of Technical Member in the National Company Law Tribunal (NCLT) - inviting applications for.

Address: Shri Navneet Chouhan, Director, Ministry of Corporate Affairs, Room No. 530, A’ Wing, 5th floor, Shastri Bhawan, New Delhi-110001
Phone:
Email:

Result of the Chartered Accountants Final Examination held in November, 2013 and Common Proficiency Test (CPT) held in December, 2013 are likely to be declared on Wednesday, the 15th January, 2014. - (09-01-2014)

Result of the Chartered Accountants Final Examination held in November, 2013 and Common Proficiency Test (CPT) held in December, 2013 are likely to be declared on Wednesday, the 15th January, 2014. - (09-01-2014)

Vacancy for CA in JP Morgan chase

Job Description 

Associate - Process Improvement, Corporate Functions, Mumbai-130113966

Job Description

·         Assist  in conducting process reviews for the CAO aligned corporate functions and recommend corrective actions

·         Assist in driving pan-GSC governance focused awareness drives to achieve high employee

Seminar on "Concurrent Audit Including Risk Based Audit"

STUDY CIRCLE MEETING CONCURRENT AUDIT INCLUDING RISK BASED CONCURRENT AUDIT CPE 03 Hrs.

Dear Members, THANE MID-TOWN CPE STUDY CIRCLE  has organized Study Circle Meeting on 11th January ,2014 at TMA, Hall, Near Dwarka Hotel, Wagle Estate, Thane West. The details of programme are mentioned herein below. Members can take advantage of this opportunity by enrolling themselves in large numbers. Warm regards, Team–Thane Midtown CPE Study Circle

Day & Date :  SATURDAY 11th January, 2014               (CPE 3 Hours) Venue TMA, Hall, Near Dwarka Hotel, Wagle Estate, Thane West Time 5.00 pm  to 8.30 pm Fees Free for all members Guests / Non Members Rs. 300/- Students  Rs. 100/- Coordinators CA. Vijay M. Jain (Convenor)        CA.Sunil Doshi (Dy Convenor)  98690 10681                                                      98336 86591

TOPICS                                                        SPEAKER

CONCURRENT AUDIT INCLUDING RISK BASED CONCURRENT AUDIT CA Abhay Kamat

ANNOUNCING SINGLE TRANSACTION TAX SHALL KILL BJP IN FUTURE

There is fatal error in calculations done by ArthA Kranti , pune based organisation who have done actual research. The direct negative impact shall be felt by the common people on their direct income and non income transactions. They are most vulnerable and shall vote against BJP if single transaction tax become a poll propaganda. The impact on Direct Tax outflow is calculated in the attached excel file for various class of citizens. It is irony but true that benefits from abolishment of indirect taxes shall be overcome by the direct payment of transaction tax as far as electorate point of view although it is actually

CX - Cutting and slitting of Jumbo rolls of Al film

The respondents are engaged in the manufacture of HG Capsules and they have packing films division and capsules division in their factory, where they undertake cutting and slitting of jumbo rolls of aluminium foil rolls into smaller rolls. Under the bonafide belief that cutting and slitting of jumbo rolls amounts to manufacture, the respondent discharged excise duty liability thereon and also availed CENVAT Credit of the CVD paid on jumbo rolls.

On the ground that the activity of cutting and slitting of Jumbo rolls into smaller rolls did not

President of the ICAI to Head the South Asian Federation of Accountants (SAFA)

Report by India Education bureau, New Delhi: Subodh Kumar Agrawal, President, The Institute of Chartered Accountants of India (ICAI) has been appointed as the President of the South Asian Federation of Accountants (SAFA) for the year 2014 w.e.f. today. He was the Vice-President of SAFA for the year 2013. 

Having passionately represented Indian accountancy profession on the international front, Shri Subodh Kumar Agrawal has earlier been the member of various Committees of SAFA, including Committee for Improvement in Transparency, Accountability and Governance, Committee on Professional Accountants in

Vacancy for CA/ICWA in HDFC Bank

Responsibilities

• To ensure portfolio quality for the Product in the location, while maintaining the service levels (TAT) to the customer (Internal and External).
• To reduce data entry errors as part of underwriting
• Adherence to the policy/process laid out by the Central team on all applications being rocessed
• To monitor non starters/Cheque bounce trends, maintain adequate knowledge of channels and their

NHAI - Internal Auditors RFP

direct link http://www.nhai.org/Doc/02jan14/RFP%20HO%20Revised%2002.01.2014.pdf

Expression of interest of Chartered Accountants Firms for preparation of Accounts

Gujarat State Civil Supplies Corporation Limited
Last Date : 06/01/2014
Expression of interest of Chartered Accountants Firms for preparation of Accounts

Address: 301, GNFC Info-Tower, Sarkhej-Gandhinagar Highway, Bodakdev, Ahmedabad- 380 054
Phone: 079-23220342
Email: nprocure@gnvfc.net

FASB issues private company framework and definition of public business

The FASB issued a private company decision-making framework that it and the Private Company Council (PCC) plan to use to identify the differences in the information needs of users of private company and public company financial statements. The FASB and the PCC

Important Updates Maharashtra VAT Audit

The Department of Sales Tax, Maharashtra State has issued a Circular No. 1T of 2014 dated 4th January, 2014 stating that -

In absence of amendment to Rule 58(1) and Rule 58(1A), it may not be possible to complete the audit of developers and thus in view of the same, it is administratively decided that if an Audit Report in Form 704, pertaining to developer for the period 2012-13, is filed within one month from the due date i.e. on or before

Vacancy for CA/ICWA in NHDC Limited

Candidate profile
Graduate with CA from Institute of Chartered Accountants of India/CWA or CMA from Institute of Cost Accountants of India(formerly known as ICWA).


About Employer

NHDC Limited is a joint venture between NHPC of Government of India and Government of Madhya

Vacancy for CA in Bank of America

Job description

Overview

Bank of America is one of the world's largest financial institutions, serving individual consumers, small and middle market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk-management products and services. The company provides unmatched convenience in the United States, serving more than 59 million consumer and small business relationships with more than 6,100 retail banking offices, nearly 18,700 ATMs and award-winning online banking with

ICAI Convocation 2014 - (04-01-2014)

ICAI Convocation 2014 - (04-01-2014)

Expression of interest of Chartered Accountants Firms for preparation of Accounts of Gujarat State Civil Supplies Corporation Limited

Gujarat State Civil Supplies Corporation Limited
Last Date : 06/01/2014
Expression of interest of Chartered Accountants Firms for preparation of Accounts

Address: 301, GNFC Info-Tower, Sarkhej-Gandhinagar Highway, Bodakdev, Ahmedabad- 380 054
Phone: 079-23220342
Email: nprocure@gnvfc.net

Extension of last date for complying with the CPE hours requirement for the block period 2011- 2013 - from 31st December, 2013 to 31st March, 2014. - (01-01-2014)

Extension of last date for complying with the CPE hours requirement for the block period 2011- 2013 - from 31st December, 2013 to 31st March, 2014. - (01-01-2014)

Vacancy for CA/CWA/CS in Maersk GSC

Who we are looking for Educational: Graduate. CA/CWA/CS Technical & Experience: 6 + years experience in F&A. Excellent communication skills. Awareness to Lean tools would be added advantage. Exposure to Period end and HFM reporting to be added advant...read more

RPU 3.8 also released

RPU for Quarterly Returns

From FY 2005-06 onwards, TDS/TCS returns have to be filed every quarter (i.e. quarterly statements); however, as advised by Income Tax Department, acceptance of TDS/TCS statements pertaining to Financial Years prior to 2007-08 has been discontinued at TIN. The following utilities can be used to prepare regular quarterly statements:

National Company Law Tribunal Invites Applications For Members

National Company Law Tribunal Invites Applications For Members

The Ministry of Company Affairs has issued letters dated 10.12.2013 inviting applications for the post of Judicial Member and Technical Member in the National Company Law Tribunal. There are 19 vacancies for the post of Judicial Member and 14 for the post of Technical Member.

In order to qualify for appointment as a Judicial Member, the applicant has to be, inter alia, an Advocate for at least 10 years. In order to qualify for appointment as a Technical Member, the applicant has to, inter alia, be a Chartered Accountant etc for at least 15 years.

Vide Notification dated 30.12.2013, the terms and conditions of appointment have been notified. The Judicial & Technical Members are entitled to generous salary and perquisites.

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Lawyers want a share in tax audit pie

http://timesofindia.indiatimes.com/city/chennai/Lawyers-want-a-share-in-tax-audit-pie/articleshow/28208086.cms

Vacancy for CA/ICWA in Schneider Electric

Job Description - Assistant or Deputy Manager - Finance Controller - Job location Near Hoskote Bangalore (000PMF) Job Description Assistant or Deputy Manager - Finance Controller - Job location Near Hoskote Bangalore - 000PMF Context and Mission: Within Controlling, the Engineering...read more

Stock Guru scam: ED attaches Rs83 crore assets of Khaire

http://www.moneylife.in/article/stock-guru-scam-ed-attaches-rs83-crore-assets-of-khaire/35819.html