CA syllabus set to change from 2016

Draft Guidance note on New Tax Audit Report for AY 2014-2015

Click here to download the Draft Guidance note on New Tax Audit Report for AY 2014-2015

ITAT : Raises alarm over CA's reckless advice, calls ICAI to stem "deteriorating standards"

ITAT dismisses assessee's plea to condone 2984 days delay in filing of appeal, rejects 'improper advice' given by CA firm as ground for condonation / "sufficient delay"; Tribunal taken aback by CA firm's affidavit, stating that it had advised assessee not to file an appeal with ITAT on same issue for

Income Tax Scrutiny Criteria for Financial Year 2014 - 15 - Instruction No. 6/2014 Dated- 2nd of September, 2014

Income Tax Scrutiny Criteria for Financial Year 2014 - 15 - Instruction No. 6/2014 Dated- 2nd of September, 2014

In supersession of earlier Instructions on the above subject, the Board hereby lays down the following

Kingfisher Airlines 'a king of not so good times': HC held it as an assessee-in-default for failure to remit TDS

September 4, 2014[2014] 49 taxmann.com 49 (Karnataka)

IT : Where assessee-company having deducted tax at source from salaries paid to it

Deccan Grameena Bank Recruitment 2014

Deccan Grameena Bank Recruitment 2014 – Apply Online for 198 Officer & Office Asst Posts: Deccan Grameena Bank invites applications for recruitment of 198 Officer in Middle Management Grade (Scale III), Officer in Middle Management Grade (Scale II), Officer in Junior Management

Vacancy for CA in JP Morgan chase

Job Description 

Industrial Trainee-140089332

Job Description

 

Responsibilities:

• Monitor & Ensure all the accounting controls are in place e.g. cash reconciliations, GL Operations,accounting entries etc
• Accounting operations, deliverables and execute month, quarter & year end closing & reporting process

Correction Window for November-2014 Online CA Exam Forms

---

1st September 2014

Correction Window

It is seen that candidates while filling the exam forms ( either online or physical) do not exercise reasonable care and commit errors. This creates lots of difficulties for them as well as the office at

Vacancy for CA in HPPCL

• City / State -

  • HImancha Pradesh , Himachal Pradesh

• Advertisement No -

  • HPPCL/Appt./1/14

• Last Date -

  • 01-09-2014

What are depreciation rates as per Companies Act 2013? Daily Quiz (31/08/14) win free talk time worth Rs.100 for correct reply

The member providing the first correct reply shall receive free talk time worth Rs.100 award.


To reply login to comment section below this post and leave your reply


Terms and Conditions:

Vacancy for CA(Inter) or ICWA (Inter) in Tata Communications

Tata Communications company is Recruiting for  CA(Inter) or ICWA (Inter) as Assistant Manager Any one interested can apply Trough Online on Website Read about  Tata Communications 

Important dates:

Opening date Of Online  Application  :31/08/2014
Closing Date of Online  Application  :  As soon as possible

Amendments applicable for IPCC November 2014 examinations

Paper 1: Accounting
Accounting Standards
AS 1 : Disclosure of Accounting Policies
AS 2 : Valuation of Inventories
AS 3 : Cash Flow Statements
AS 6 : Depreciation Accounting
AS 7 : Construction Contracts (Revised 2002)
AS 9 : Revenue Recognition
AS 10 : Accounting for Fixed Assets

IPCC Nov 2014 RTP - Revision Test Papers

IPCC Nov 2014 RTP - Revision Test Papers

Group - 1:

Accounting

Business Laws, Ethics and Communication

EPF LIMIT INCREASED TO Rs.15,000 from Rs.6,500 wef 1st Sept,2014

Henceforth, salaried people earning up to Rs. 15,000 a month will have to compulsorily maintain an employee provident fund account, with the Government notifying the new norm. Earlier the salary limit was Rs. 6,500 a month.

The minimum pension has also been hiked to Rs. 1,000/month, a longstanding demand of workers’ representatives in the Employees Provident Fund Organisation (EPFO). All the revised schemes will

Draft Board resolutions to be passed in first board meeting

Note: If you are required to file DPT4 , a resolution should be passed authorizing a director to file DPT4. Such approval can be in either First Board meeting or in subsequent board meeting. Similar requirement is for the granting or borrow of Loan or investment.

CERTIFIED TRUE COPY OF THE RESOLUTION PASSED AT THE MEETING OF THE BOARD OF DIRECTORS OF ………………………… PRIVATE LIMITED HELD ON 30th July ,

Notification No. 25/2014-Central Excise (N.T.) – Seeks to amend Cenvat Credit Rules, 2004

Notification No. 25/2014-Central Excise (N.T.)

New Delhi, the 25^th August, 2014

G.S.R….(E).– In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules,2004, namely:-

CENVAT credit benefit based on STTG Certificate issued by the Indian Railways -Reg.

CENVAT Credit (Eighth Amendment) Rules, 2004 – seeks to extend CENVAT credit benefit on the basis of Service Tax Certificate for transportation of goods (STTG Certificate) issued by the Indian Railways.

Notification No. 26/2014 – Central Excise (N.T.)

Dated- 27^th August, 2014

G.S.R.           (E). – In exercise of the powers conferred by section 37 of the Central Excise Act, 1944 (1 of 1944) and section 94 of the Finance Act, 1994 (32 of 1994), the Central Government hereby makes the following rules further to amend the CENVAT Credit Rules, 2004, namely : –

Seeks to levy provisional safeguard duty on imports of Saturated Fatty Alcohols

Notification No. 03/2014-Customs (SG)

New Delhi, the 28th August, 2014

G.S.R.  (E). – Whereas, in the matter of import of “Saturated Fatty Alcohols with carbon chain length of C8,C10,C12,C14,C16, and C18 including single, blends and unblended (not including

Implications of Non/ Late filing of TDS Statements

• For Deductors: In case of late filing of TDS Statements, a fee shall be levied on the deductor u/s 234E of the IT Act which reads as under:
  • Where a person fails to deliver or cause to be delivered a statement within the time prescribed in sub-section (3) of section 200 or the proviso to sub-section (3) of section 206C, he shall be

NIL TDS – File Declaration for Non-filing of TDS statement on TRACES

Under the provisions of section 200(3) of the Income Tax Act, 1961 read with Rule 31A, which reads as follows:

Every person responsible for deduction of tax under Chapter XVII-B, shall, in accordance with the provisions of sub-section (3) of section 200, deliver, or cause to be delivered, the following quarterly

Now print pages @ of 12 paise per page with new revolutionary Epson inkjet printers with ink tanks instead of refills

This is a great buy for those looking for low cost per page printing option!
- Amazing print quality
- Fast printing
- Photo Printing available as well

Vacancy for CA/CMA in GE

Business	GE Capital
Business Segment	Capital - International
Posted Position Title	Manager - Risk Management
Career Level	Experienced
Function	Risk Management
Function Segment	Portfolio Management
Location(s) Where Opening Is Available	India
City	Gurgaon
Postal Code	122002
Relocation Expenses	No
Role Summary/Purpose	Employee shall be part of Pre-Acquisition Risk Team be responsible for underwriting corporates for assigning credit

President's Message - September 2014

Dear Professionals,

"The illiterate of the 21st century will not be those who cannot read and write, but those who cannot learn, unlearn, and re-learn." As a professional, I believe in these words of Alvin Toffler. I also recall Mahatma Gandhi’s words when he said: Live as if you were to die tomorrow, learn as if you were to live forever. Bharat Ratna Dr. Radhakrishnan, in whose memory we will be celebrating

Online Updation of details of the Peer Reviewers. - (28-08-2014)

The Peer Review Board (PRB) with an aim to improving the quality of review has designed a web - format to simplify the system of uploading and updating the details of reviewers online and the same has already been uploaded on the Institute’s website. Data fed in that form will help the Peer Review Board Secretariat instant categorization of Reviewers, according to their level of expertise, into Level

ARTICLE ON SMALL COMPANIES AS PER COMAPNIES ACT -2013

ARTICLE ON SMALL COMAPNIES AS PER COMAPNIES ACT -2013

The concept of "small company" has been introduced for the first time in the Companies Act, 2013. Here we take a look at the definition and what relaxation has been afforded to a small company under the Companies Act, 2013.

Section 2(85) defines a Small company as 

''small company'' means a company, other than a public company,-

Seminar on Companies Act in Delhi

SEMINAR:

Jawahar Park Study Circle jointly with NIRC of ICAI hosting Seminar on Companies Act-2013 in august presence of Regional Director (RD) (North) Shri A. K Chaturvedi ji, organised by CCBCAF and SMP on 30th August, 2014 from 9.30 AM to 5.00 PM at JP

Reassessment could be made beyond four years on basis of bogus transactions unearthed during survey: HC

August 29, 2014[2014] 48 taxmann.com 20 (Bombay)

IT : Where subsequent to completion of assessment, Assessing Officer received information from a survey that assessee had entered into bogus purchase transactions, he

Business losses can be set off against undisclosed income under sec. 68, says ITAT

August 27, 2014[2014] 47 taxmann.com 383 (Ahmedabad - Trib.)/[2014] 161 TTJ 39 (Ahmedabad - Trib.)

IT: Set off of business loss against addition under section 68 to be allowed

ALLAHABAD HIGH COURT - Income Tax

Commissioner of Income Tax-II Versus M/s. Salarpur Cold Storage (Pvt.) Ltd.

Validity of belated notice u/s 143(2) in pursuance of section 292BB - scrutiny assessment - Assessee