Revenue Secretary Shaktikanta Das told The Hindu
that the penalty during the compliance window could be lower than 300
per cent — the rate Finance Minister Arun Jaitley had said in his budget
The most comprehensive news portal for Chartered Accountants and Other Professionals around the world.
Tuesday, March 10, 2015
EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT THE EXAMINATION CENTRES FOR THE CHARTERED ACCOUNTANTS EXAMINATIONS MAY / JUNE 2015 OPENED
EMPANELMENT OF MEMBERS TO ACT AS OBSERVERS AT THE EXAMINATION CENTRES
FOR THE
Monday, March 9, 2015
Acceptance Form to conduct Audit of Sanitation Facility being built in Schools under Swachh Bharat Abhiyan on pro-bono basis
|
Acceptance Form to conduct Audit
of Sanitation Facility being built in Schools under Swachh Bharat Abhiyan
on pro-bono basis
Hon'ble Prime Minister, Shri
Narendra Modi nominated the Institute of Chartered Accountants of India
(ICAI) for the Swachh Bharat Abhiyan to take forward this campaign. The
members & students of ICAI spread across the country need to play a
vital role in taking this initiative of the Prime Minister forward and make
Swachh Bharat Abhiyan a resounding success. ICAI is committed to be truly a
Partner in Nation building. With this noble thought in mind,
|
Another Satyam in making Helios and Matheson
The Helios & Matheson story is a chilling reminder of the deep rot in our regulatory and enforcement structure
Last week, our news site put out a detailed report about how Helios
& Matheson (H&M), a company whose net profit had jumped 35% to
Rs 74.12 crore (after providing for interest on all borrowings) for the
four quarters ending September 2014 (against corresponding period the
previous year), was
Bank Audit 2014-15 update
On Saturday & Sunday Following Banks Send Mails to CA Firms for Branch Audit.
1. Canara Bank
2. SBI
3.Union bank of India
India pressurize CAs for tax audits CA without COP cannot conduct tax audit now on
Indian tax authorities have once again pressurized chartered
accountants’ (CAs) community for tax audits under the income tax law.
Several changes are now being proposed to be effective from June 1, on the eligibility criteria for CAs to undertake attestation (audit/certification) work.
These are to be implemented through a change in the meaning of an “accountant” in the income tax
Several changes are now being proposed to be effective from June 1, on the eligibility criteria for CAs to undertake attestation (audit/certification) work.
These are to be implemented through a change in the meaning of an “accountant” in the income tax
Joke of the Day
संता बड़ी देर से अपने कमरे में कुछ ढूंढ़ रहा था,
परेशान होकर उसकी पत्नी जीतो बोली.
जीतो-तुम इतनी देर से क्या ढूंढ़ रहे हो?
संता- हिडन कैमरा!
जीतो- तुम्हें ऐसा क्यों लगा इस कमरे में हिडन कैमरा लगा है?
संता- अगर यहां हिडन कैमरा नहीं लगा होता तो टी.वी. में आ रहे इस आदमी को कैसे पता होता कि हम स्टार
परेशान होकर उसकी पत्नी जीतो बोली.
जीतो-तुम इतनी देर से क्या ढूंढ़ रहे हो?
संता- हिडन कैमरा!
जीतो- तुम्हें ऐसा क्यों लगा इस कमरे में हिडन कैमरा लगा है?
संता- अगर यहां हिडन कैमरा नहीं लगा होता तो टी.वी. में आ रहे इस आदमी को कैसे पता होता कि हम स्टार
Market news round up 09/03/2015
News Round-up 9-Mar: by JR
*Indian mkt, currency to hold even if Fed tightens: Deutsche
*See Nifty at 8500 in March, Q4 nos to
*Indian mkt, currency to hold even if Fed tightens: Deutsche
*See Nifty at 8500 in March, Q4 nos to
A REVISED PROCEDURE for REGISTRATION FOR A SINGLE PREMISES UNDER SERVICE TAX PROVISIONS
Central Board of Excise and Customs (Service Tax Wing) issued an
order vide No. 01/2015-Service tax dated 28.02.2015 in which the
detailed procedure for registration for a single premises in service
tax. This is in supersession of Circular No. 2/2011-Service Tax, dated
13.02.2011. This procedure
ST - Theatre Artist Vs Movie Artist - Writ Petition challenging exemption given to Theatre Artists under Notification No 25/2012 as discriminatory - Petition has no merit: HC
ST - Theatre Artist Vs Movie Artist - Writ Petition challenging
exemption given to Theatre Artists under Notification No 25/2012 as
discriminatory - Petition has no merit: HC
Income Tax Department
CHENNAI
: THE petitioner is a movie star and has filed a writ petition seeking
to assail the notification No.25/2012 ST dated 20.06.2012 providing for
exemption in respect of services provided
All services will not attract Swachh Bharat cess: Finance Ministry
The Swachh Bharat cess will be levied on select
services at the rate of up to 2 per cent, depending upon the need for
funds to take forward the Prime Minister’s national cleanliness drive.
This was explained to a group of tax experts by Finance Ministry officials during a post-budget
Four Important Verdicts On S. 14A/ Rule 8D, JV Agreement + Development Agreement
CIT vs. Taikisha Engineering India Ltd (Delhi High Court)
S.
14A + Rule 8D: No disallowance can be made if AO does not record
satisfication with reference to accounts that assessee's claim is
improper. However, if Rule 8D applies, assessee's claim that interest is
not disallowable on ground of "own funds" is not acceptable
The decisions relied upon by the Tribunal in the case of Tin Box
Co. 260 ITR 637 (Del), Reliance
Sunday, March 8, 2015
Judicial Rulings that prompted amendments by the Finance Bill, 2015
| I. Section 32(1)(iia): Allowance of balance 50% additional depreciation | |
| Proposed Amendment | It is proposed to amend Section 32(1)(iia) to provide that balance 50% of the additional depreciation on new plant or machinery acquired and used for less than |
Walmart India announces CA as CFO
Wal-Mart India Pvt. Ltd, a wholly owned subsidiary of Wal-Mart Stores Inc., announced two new executive appointments. Ashwin Mittal has been appointed as Walmart India's new chief financial officer (CFO) and Javier Rojo will lead real estate and business development.
Jill Anderson, currently the CFO of Walmart India, will soon repatriate back to Walmart in US.
President & CEO Walmart India, Krish Iyer said, "The two key executive appointments for Walmart
Jill Anderson, currently the CFO of Walmart India, will soon repatriate back to Walmart in US.
President & CEO Walmart India, Krish Iyer said, "The two key executive appointments for Walmart
Daring to dream big includes CAs
A surprise among the names that have applied for a small finance bank is a chartered accountant from Delhi. Vinod Jain started
as a CA, in a small office in Nehru Place, a commercial complex in
south
Application from qualified chartered accountant/firm of Cas for empanlement to carry out special audit u/s 142 (2A) of the I.T. act. 1961
Last Date : Mar 10, 2015
Application from qualified chartered accountant/firm of Cas for empanlement to carry out special
Application from qualified chartered accountant/firm of Cas for empanlement to carry out special
Investment Idea of the week
Buy Network 18 Media & Investments ltd with a short term target of 100 and long term target of 300 to 500
You must be knowing that company has been taken over by Mr.Mukesh
Ambani. The Debt ratio is not favorable currently as company had before
take over issued public fixed deposits at high rates which are not
being renewed and nor new deposits being accepted. This will eventually reduce the
Joke of the day
officially 8th march is international women's day.........
unofficially ..
unofficially ..
Notice inviting online bid for Appointment of a consultancy organization to assess the existing internal control systems and suggest/evolve improved systems for providing reasonable assurance about achievement of reliability of financial reporting, effectiveness and efficiency of operations,safeguarding of assets and compliance with applicable laws and regulations
Last Date : Mar 11, 2015
Notice inviting online bid for Appointment of a consultancy organization to assess the existing internal control systems and suggest/evolve improved systems for providing reasonable assurance
Notice inviting online bid for Appointment of a consultancy organization to assess the existing internal control systems and suggest/evolve improved systems for providing reasonable assurance
Institute Of Chartered Accountants Of India Invites Tender from Interested Guwahati Based Chartered Accountants/Income Tax consultants Giving Details of' Their Organizations & Terms & Conditions
Last Date : Mar 10, 2015
Invites Tender from Interested Guwahati Based Chartered Accountants/Income Tax consultants
Invites Tender from Interested Guwahati Based Chartered Accountants/Income Tax consultants
Required to File the TDS certificate electronically to Prepare the necessary documents for this Purpose for the year 2015-16 the department from interested based Chartered Accountant/ Income tax consultants
Last Date : Mar 10, 2015
Required to File the TDS certificate electronically to Prepare the necessary documents for this Purpose for the year 2015-16 the department from interested based Chartered Accountant/ Income tax
Required to File the TDS certificate electronically to Prepare the necessary documents for this Purpose for the year 2015-16 the department from interested based Chartered Accountant/ Income tax
Expression of interest from the practicing chartered accountant PCS / firm of chartered accountants / practicing company secretary PCS / firm of company secretaries having experience of registering government promoted companies with the ROC
Last Date : Mar 10, 2015
Expression of interest from the practicing chartered accountant PCS / firm of chartered accountants / practicing company secretary PCS / firm of company secretaries having experience of registering
Expression of interest from the practicing chartered accountant PCS / firm of chartered accountants / practicing company secretary PCS / firm of company secretaries having experience of registering
Appoint External Auditors to Carry out Statutory Audit for the Period 01-Apr-2015 to 31-Mar-2016 & in Terms of Directives of Central Bank of The Bahamas
Last Date : Mar 10, 2015
Appoint External Auditors to Carry out Statutory Audit for the Period 01-Apr-2015 to 31-Mar-2016 & in Terms of Directives of Central Bank of The Bahamas & as per Requirement of RBI Regulations
Appoint External Auditors to Carry out Statutory Audit for the Period 01-Apr-2015 to 31-Mar-2016 & in Terms of Directives of Central Bank of The Bahamas & as per Requirement of RBI Regulations
Appointment of Concurrent Auditors from reputed firms of Chartered Accountants registred /Empanelled with CAG of India having atleast ten years
Last Date : Mar 10, 2015
Appointment of Concurrent Auditors from reputed firms of Chartered Accountants registred
Appointment of Concurrent Auditors from reputed firms of Chartered Accountants registred
Notice Inviting Sealed EOI for Empanelment of Chartered Accountant Firms
Last Date : Mar 09, 2015
Notice Inviting Sealed EOI for Empanelment of Chartered Accountant Firms - Regional Office, Gurgaon, and its sub Regional Office, Rohtak
Address: The Regional PF Commissioner-I Regional Office,Gurgaon Employees Provident Fund
Notice Inviting Sealed EOI for Empanelment of Chartered Accountant Firms - Regional Office, Gurgaon, and its sub Regional Office, Rohtak
Address: The Regional PF Commissioner-I Regional Office,Gurgaon Employees Provident Fund
Appointment of Chartered Accountant for Internal Audit
Last Date : Mar 09, 2015
Appointment of Chartered Accountant for Internal Audit.
Address: Rajasthan State Beverages Corporation Limited, Vitta Bhawan, D-Block, 1st Floor, Jan
Appointment of Chartered Accountant for Internal Audit.
Address: Rajasthan State Beverages Corporation Limited, Vitta Bhawan, D-Block, 1st Floor, Jan
Expression of Interest (EOI) Chartered Accountants Firms Central Council For Research In Ayurvedic Sciences
Central Council For Research In Ayurvedic Sciences
Last Date : Mar 09, 2015
Expression of Interest (EOI) Chartered Accountants Firms.
Last Date : Mar 09, 2015
Expression of Interest (EOI) Chartered Accountants Firms.
Secretary of Varanasi Branch of CIRC turns whistleblower highlights impropreity issues in branch workings in letter to members
To,
The Members
Varanasi Branch of CIRC
The Institute of Chartered Accountants of India
VARANASI
Respected Members,
Sub. : Who is Responsible ?????
GREETINGS !!!
Tomorrow i. e. on 5th July, 2014 is the date fixed for AGM and I request all of you to please participate in the meeting as the same is a day when the members can appraise the working of the managing committee and register their objections and complains.
As all of you are aware of the present working atmosphere of the branch, being an elected member of the committee, I feel my moral responsibility to make you all aware of the things, happenings and
The Members
Varanasi Branch of CIRC
The Institute of Chartered Accountants of India
VARANASI
Respected Members,
Sub. : Who is Responsible ?????
GREETINGS !!!
Tomorrow i. e. on 5th July, 2014 is the date fixed for AGM and I request all of you to please participate in the meeting as the same is a day when the members can appraise the working of the managing committee and register their objections and complains.
As all of you are aware of the present working atmosphere of the branch, being an elected member of the committee, I feel my moral responsibility to make you all aware of the things, happenings and
Talk on Union Budget -2015 at Kanpur on 10.3.2015
Kanpur Chartered Accountant's Society , jointly with Central India Regional Council of the Institute of Chartered Accountants of India , Merchants’ Chamber of UP, Kanpu and
HSC exam hall ticket of Sheetal Goti found at Mumbai station
HSC exam hall ticket of Sheetal Goti found at Mumbai station
To collect the hall ticket contact following:
To collect the hall ticket contact following:
Saturday, March 7, 2015
10 Great Technical Trading Rules
“We learned just to go with the chart. Why work when Mr. Market can do it for you?” – Paul Tudor Jones
Only price pays. In trading, emotions
Joke of the day
Patient : "Doctor, my wife has severe pain in her appendix!"
"Nonsense!" says the Doctor.
"I removed her appendix three years
"Nonsense!" says the Doctor.
"I removed her appendix three years
Members write Letter to ICAI on FORMALITIES AND INTERRUPTION IN CPE SEMINARS
Dated: 05/03/2015
The President, ICAI
New Delhi
Re: Wastage of time due to formalities and interruption
in between the CPE seminars
Sir,
Happy Holi.
As per present ICAI regulation, members are under mandatory obligation
to have required CPE hours, in a year. The whole concept of CPE is good, but
day by day POU units are making mockery
Whether income from 'deposits in current account' can be construed as trading receipt even if such deposits are admitted by Director of assessee-company as unexplained - NO: HC
Income tax - Whether income
from 'deposits in current account' can be construed as trading receipt
even if such deposits are admitted by Director of assessee-company as
unexplained - NO: HC
Advice clients to get Rubber Stamp with Name, DIN No., Dir./ Mg. Dir. and address and affix such Rubber Stamp on all the documents where the Director sign.
Advice
clients to get Rubber Stamp with Name, DIN No., Dir./ Mg. Dir. and
address and affix such Rubber Stamp on all the documents where the
Director sign.
Reading of Section says:
Sec.158 of Companies Act 2013 (effective from 1.4.2014) which is corresponding to Sec. 266F of CA 1956 reads as under:
"Every
person or company, while furnishing any return, information or
particulars as are required to be furnished under this Act, shall
mention the Director Identification Number in such return, information
or particulars in case such return, information or particulars relate to
the director or contain any reference of
Payment of interest by Indian branch of a foreign bank to its Head Office would be subjected to tax
The
issue with respect to payment of interest by branch/permanent
establishment (PE) to its foreign bank/head office (HO), by the Indian
PE to its HO was twofold, i.e. firstly, whether the interest paid by the
Indian PE to its HO was liable to be taxed in the hands of the HO in
India and whether such
ACCOUNTANT REQUIRED
One
of my client required a experienced accountant. Salary 15 - 20,000. If
there is any suitable
Sale of shares couldn't be treated as unexplained when AO failed to prove that share transaction was bogus
Sale of shares couldn't be treated as unexplained when AO failed to prove that share transaction was bogus
Builder was entitled to sec. 54EC relief on sale of land being held as capital asset and not as stock-in-trade
Builder was entitled to sec. 54EC relief on sale of land being held as capital asset and not as stock-in-trade
February 19, 2015[2015] 54 taxmann.com 134 (Mumbai - Trib.)
IT
: Where assessee builder sold property which was held for 30 years and
same was shown as land asset not as land stock, asset was capital in
ICAI announcement on Use of designation(s) other than the designation of "Chartered Accountant"
ANNOUNCEMENT
>
> FOR ATTENTION OF THE MEMBERS
>
> Re: Use of Designation(s) other than the designation of “Chartered Accountant”
>
> It has been brought to the notice of the Institute that some members are using the certain designation (s) other than Chartered Accountant in addition to the designation “Chartered Accountant’. In this regard, the attention of the members is drawn on Item (7) of Part-I of First
>
> FOR ATTENTION OF THE MEMBERS
>
> Re: Use of Designation(s) other than the designation of “Chartered Accountant”
>
> It has been brought to the notice of the Institute that some members are using the certain designation (s) other than Chartered Accountant in addition to the designation “Chartered Accountant’. In this regard, the attention of the members is drawn on Item (7) of Part-I of First
Friday, March 6, 2015
Vacancy for CA in Accenture
Schedule: FULL-TIME
"Qualification : MBA/CA/CFA Location: Mumbai/Gurgaon
Required Skill: * 3-8 years of work experience preferably candidates
from BPO, Consulting firms or Companies involved in setting up of
Captive Shared Services. * Atleast 1 project in one or more phases (
Assessment, Planning, Design, Development, Operational Support) of
Implementation of Finance and Accounting Shared Service
Indian doctor invents alternative treatment to bypass surgery - Chelation Therapy
Recently,
one person was admitted to a nursing home at Chinchwad, Pune due to
severe chest pain. He had an earlier attack in 2013 and was under
treatment. The doctors now suggested Angiography.
Upon undergoing Angiography at multi speciality Hospital Doctors diagnosed multiple blockages
Read more »
Upon undergoing Angiography at multi speciality Hospital Doctors diagnosed multiple blockages
Read more »
Notification_20022015
The
Companies (Indian Accounting Standards) Rules, 2015 G.S.R dated 16 Feb
2015. - See more at:
http://canextstep.com/the-companies-indian-accounting-standards-rules-2015/#.VPnJJOG1f-k
The levy of Tds Late Filing u/s 234E is constitutionally valid
Section 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for each day’s delay in filing the statement of Tax Deducted at Source (TDS) or Tax Collected at Source (TCS). The provision for Levy of Late filing fee was introduced to improve Filing Compliance and to avoid subsequent inconvenience to the taxpayers due to inordinate delays
Lakshmi Vilas Bank Recruitment 2015
Lakshmi Vilas Bank, Guindy, Chennai
Job Code: 050315(15)Y
Bank Jobs India – Lakshmi Vilas Bank Recruitment 2015
Lakshmi Vilas Bank invites applications to recruit on vacant posts of HR Professionals, CA, Security Officer etc. Applications against these Government Jobs can be submitted on or before 14 March 2015.
Lakshmi Vilas Bank Vacancy 2015 Details
1. Human Resource Professionals in Assistant Manager/Deputy Manager Grade
Job Code: 050315(15)Y
Bank Jobs India – Lakshmi Vilas Bank Recruitment 2015
Lakshmi Vilas Bank invites applications to recruit on vacant posts of HR Professionals, CA, Security Officer etc. Applications against these Government Jobs can be submitted on or before 14 March 2015.
Lakshmi Vilas Bank Vacancy 2015 Details
1. Human Resource Professionals in Assistant Manager/Deputy Manager Grade
Vacancy for CA in IndiaMart
Desired Profile
-Advanced excel, MS Office, MS Powerpoint
-Good communication skills- both written and oral
-CA or MBA from Premier Institute with 5 to 7 Years of relevant experience as a Revenue Assurance
-Good communication skills- both written and oral
-CA or MBA from Premier Institute with 5 to 7 Years of relevant experience as a Revenue Assurance
Vacancy for CA/CPA in CISCO
Date:
Mar 5, 2015
Location:
Bangalore, Karnataka, India
| Additional Location(s) or Information: |
| Job Category: Finance |
| Level of Experience: Experienced - Manager |
| Requisition #: R983911 |
| Description: |
| Reports to Senior Director – APJC.. Will help oversee country tax strategy for Cisco’s |
Vacancy for CA,ICWAI, MBA, CIMA, CFA, CPA in Honeywell
Job Description
Senior Financial Analyst
Requisition ID
: 00272866
Description
Area of Responsibilities Key Activities/Elements Service Delivery
Reporting and in-depth analysis of periodical financials (P&L, B/S, Free Cash Flow, etc.)
Determine financial status by comparing and analyzing plan and/ estimate with actual results.
Develop and implement financial trend reports to identify performance issues within the business and
Vacancy for CA (Final)ICWA (Final) in NMDC
Qualification Graduation with 60% marks in aggregate and CA (Final)ICWA
(Final). Apply Online
Vacancy for CA/ICWA in JPMorgan Chase Bank
Job Description
CIB - Transaction Processing Mgr - Associate - Mumbai-140107667
Job Description
I Background to the Role and Business Description
JPMorgan Chase Bank, N.A. is a leading global
financial services firm with $1.4 trillion in assets and 170,000 people
working across 50 countries. JPMorgan serves the interests of clients
with complex financial needs, from the world’s most prominent corporate,
institutional and government clients to charities and private
individuals.
(India Market Business Operations) is a part of the JP Morgan India captive, the shared services
Thursday, March 5, 2015
Bihar: The colours of Madhubani
Bihar: The colours of Madhubani
Dargahs, festivals, strains of sufi music and a lot more to experience
What: A sufi circuit is a unique way of covering cities of Patna, Vaishali, Jehanabad and Nalanda, which are tinged with the historical antiquities of the sufi culture. Strains of sufi music can be heard in the Dargahs and every monument relates stories from ages ago. The annual 'Urs' festival is a
What: A sufi circuit is a unique way of covering cities of Patna, Vaishali, Jehanabad and Nalanda, which are tinged with the historical antiquities of the sufi culture. Strains of sufi music can be heard in the Dargahs and every monument relates stories from ages ago. The annual 'Urs' festival is a
Charging Cable Borrows Power Directly from Another Phone
When your phone runs out of battery, you need a power outlet or power
bank to recharge your phone. What if you don't have both? Simply you can
barrow your friend's phone and connect the 'Juicer' to
Read more »
Joke of the day
आज का
सबसे अच्छा चुटकुला
!⚡! पावर हाउस के बाहर !⚡!
एक��केले��वाला
Jun. Eng. (विद्युत् मंडल)-
केले क्या भाव हैं ?
ठेले वाला -
क्या काम में लोगे ?
Jun.Eng. - जैसे के ? ! ! !
Read more »
सबसे अच्छा चुटकुला
!⚡! पावर हाउस के बाहर !⚡!
एक��केले��वाला
Jun. Eng. (विद्युत् मंडल)-
केले क्या भाव हैं ?
ठेले वाला -
क्या काम में लोगे ?
Jun.Eng. - जैसे के ? ! ! !
Read more »
Scope of residential status of companies widen
Introduction
On
28 February 2015, the Indian Finance Minister presented his budget in
the Parliament. In his budget speech, he mentioned that few aspects of
the Direct Tax Code have been addressed in the budget. One of such
aspects is widening of scope of residential status of companies by
substitution of
Investment Idea of the week
The Multi Commodity Exchange of India Limited (MCX), India’s first
listed exchange, is a state-of-the-art, commodity futures exchange that
facilitates online trading, and clearing and
Ratnamani Engineering Limited accounts Fraud was covered by mere book entry of profit not at all received in cash
When we have covered the floor
by Rug , it is obvious that it will remain under Rug. Unless we remove
Rug from the floor. Implicitly , it should be cleaned and removed Rug ,
by Auditor. If he takes care , it , fraud will come out. Other wise for
months and years it will not come ever...
See
the case of Ratnamani Engineering Limited Now Ratnamani Metals and
Tubes Limited as well back as in 31.03.1994 , in accounts Fraud was
covered by mere book entry of profit not at all received in cash or from
any body, not reported in Audit Report at all , by Law ought to have
Eat yourself slim
Yes, you can eat up while slimming down – Lowri Turner reveals how to finetune your metabolism with food
It’s one of life’s great mysteries: how come your skinny friend can stuff herself with cake and not put
It’s one of life’s great mysteries: how come your skinny friend can stuff herself with cake and not put
Sectorwise major beneficiaries of budget 2015-2016
Sectorwise Major Beneficiaries:
��AGROCHEMICALS & FERTILIZER - UPL, Meghmani & Coromandel
, Jain irrigation, Kaveri Seeds
10 Most Expensive Stock Price in India
1. MRF – Price Per Share Rs. 40233
Indian Tyre Manufacturer company holds the record of most expensive stock price in India. What’s more interesting is that in February 2014 MRF Share Price was 18700, and in 1 year it rose to 40000. One of the most profitable share.
2. Bosch – Price Per Share Rs. 23,800
A German based Engineering and Electronics company whose share price in India is
Wednesday, March 4, 2015
MCA vide General Circular No. 03/2015 has come out with Clarification relating to filing of e-form DIR-I1 & DIR-12 under the Companies Act, 2013
MCA
vide General Circular No. 03/2015 has come out with Clarification
relating to filing of e-form DIR-I1 & DIR-12 under the
Companies Act, 2013.
Ministry
had received several representations about the difficulties faced by
stakeholders due to deactivation of Digital signature certificate (DSC)
following en masse resignation of all the directors
SENIOR CITIZEN WELFARE FUND
Chapter
VIII of the Finance Bill, 2015 provides for the establishment of Senior
Citizens Welfare Fund. Clause 143 to Clause 154 of the Bill deals with
the provisions of the Fund. The Senior Citizen Welfare Fund is alike
to the Investor Education and Protection Fund to be constituted under
Rule 14 of the Cenvat Credit Rules, 2004 amended interest forgiven
Rule 14’s ‘Interest’ forgiven, amendment in ‘interest’ of assessee!!!
The much anticipated “2015-2016 Finance Budget” is here. It was presented by Hon’ble Finance Minister, Arun Jaitley on 28th February 2015. Was it in favour of the common man or of the revenue? Has it brought the reforms as were promised? Whether the dreams shown by NDA Government last year fulfilled? Have the good days arrived? Answers to these questions will be
The much anticipated “2015-2016 Finance Budget” is here. It was presented by Hon’ble Finance Minister, Arun Jaitley on 28th February 2015. Was it in favour of the common man or of the revenue? Has it brought the reforms as were promised? Whether the dreams shown by NDA Government last year fulfilled? Have the good days arrived? Answers to these questions will be
Effect on Reverse Charge Notification
Budget VI - Effect on Reverse Charge Notification
BUDGET VI - Effect On Reverse Charge Mechanism:
BUDGET VI - Effect On Reverse Charge Mechanism:
KYC pains for NRIs and PIOs
Banks needs to computerise data of NRIs and PIOs, which will
indicate, well in advance when the applicant's overseas passport
expires; whether or not he holds any other valid documents, like driving
license
A few months ago, the Reserve Bank of India (RBI) issued the know your
customer (KYC)
Mere routing of gift through banking channel won’t establish its sanctity, says Bombay High Court
Mere routing of gift through banking channel won’t establish its sanctity, says Bombay High Court
Lucknow ITAT has given the required relief by holding that such orders are appelable befoe ITAT and not before CIT(A), who is equal in rank of DIT, the order passing authority u/s 271FA
[2015] 54 taxmann.com 382 (Lucknow - Trib.)
IN THE ITAT LUCKNOW BENCH 'B'
Raibareilly District Co-operative Bank Ltd.
v.
Director of Income-tax (I&CI), Lucknow*
SUNIL KUMAR YADAV, JUDICIAL MEMBER
AND A. K. GARODIA, ACCOUNTANT MEMBER
AND A. K. GARODIA, ACCOUNTANT MEMBER
IT APPEAL NO.699 (LKW) OF 2013
[ASSESSMENT YEAR 2012-13]
[ASSESSMENT YEAR 2012-13]
JANUARY 16, 2015
Section
271FA, read with sections 253(1) and 246A of the Income-tax Act, 1961 -
Penalty - For failure to furnish annual information return (Order u/s
271FA) - Assessment year 2012-13 - Whether appeal against an order of
Director of Income-tax
Tuesday, March 3, 2015
Name of CA Firms who have quoted fees @ less than Rs.2 p.m
List of CA Firm Division Rate per Gram panchayt/p.m Lst.yr Audit Fess of same Gram panchayat p.m
Dharmamraj & Co Chambal Rs.2 Rs.342/-
Manoj Jeevan & Co. Gwalior Less than Rs.2/-
Proposed amendments in TDS/TCS provisions (Effective from 1st June, 2015.)
Proposed amendments in TDS/TCS provisions
(Effective from 1st June, 2015.)
**************************
Relaxing the requirement of obtaining TAN for certain deductors
It is proposed to amend the provisions of section 203A of the Act so as to provide that the requirement of
(Effective from 1st June, 2015.)
**************************
Relaxing the requirement of obtaining TAN for certain deductors
It is proposed to amend the provisions of section 203A of the Act so as to provide that the requirement of
CA and Semi qualifieds required on assignment basis
We require 4 CA and 10
assistants Appx. to work on Assignment basis for period of Two months
Eligibility criteria /selection procedure of SCA of bank for the FY 2014-15
All the bank are placing the latest eligibility criteria / selection
procedure of SCA of bank for the FY 2014-15 in terms of RBI Circular
number DBS ARS NO
9724/08.91.008/2014-15 dated February 6, 2015.
click on to see the full procedure
NSEL Scam: Amit Rathi among three brokers arrested by EOW
The Economic Offences Wing (EOW) of Mumbai police, which is probing
the Rs5,600 crore National Spot Exchange Ltd (NSEL) scam, has reportedly
arrested some brokers. According to reports, those arrested by the EOW,
include, Amit Rathi, managing director of Anand Rathi Financial
Monday, March 2, 2015
Changes in Service Tax Rules, 1994 Vide Notification No. 5/2015-ST dated 01-03-2015
Changes in Service Tax Rules, 1994 Vide Notification No. 5/2015-ST dated 01-03-2015 (Effective From 01-03-2015 Unless Otherwise Stated):-
Under Rule 2 of the Service Tax Rules, 1994:
- · In respect of any service provided under aggregator model, the aggregator, or any of his representative office located in India, is being made liable to pay Service Tax if the service is so provided using the brand name of the aggregator in any manner. If an aggregator does not have any presence, including that by way of a representative, in such a case any agent
Vacancy for CA/ICWA in National Highways and Infrastructure Development Corporation Limited
National Highways and Infrastructure Development Corporation Limited (NHIDCL) has issued a recruitment notification for the recruitment of Consultant/ Senior Consultant through recruitment notification. Candidates who have completed BBA/ MBA/ LLB/ PG Diploma/ CA/ ICWA can apply
Vacancy for CA/ICWA in Aditya Birla Group
Job Description
Requisition Title
:Manager/Sr. Manager - Marketing Vilayat
Vacancy for CA/ICWA in NTPC
National Thermal Power Corporation (NTPC), Dist: Bhagalpur, Bihar
Job Code: 280215(14)N
NTPC Recruitment 2015 – Finance Executive Vacancies
National Thermal Power Corporation (NTPC) invites applications to recruit on vacant posts of Experienced Finance Executive. Applications against these Government Jobs can be submitted on or
Job Code: 280215(14)N
NTPC Recruitment 2015 – Finance Executive Vacancies
National Thermal Power Corporation (NTPC) invites applications to recruit on vacant posts of Experienced Finance Executive. Applications against these Government Jobs can be submitted on or
Vacancy for CA/ICWA in GAIL India Ltd.
GAIL Inida Recruitment 2015 for 16 Officer Vacancies.
GAIL Inida Recruitment for 16 Senior Officer, Officer Vacancies. GAIL
Inida has been released a notification for 16 jobs or Vacancies.
Interested and eligible candidates may apply online from 25th February
2015 to 16th March 2015.
Vacancy for CA/ICWA in Oracle
Job Description - Financial Analyst 2 (150009L9)
Job Description
Financial Analyst 2-150009L9
|
Vacancy for CA in PWC
| Requirement | Associate - Merger & Acquisitions - 6067/[2014] | ||
| Location | |||
| Openings | 6 | Experience | 0.00 to 2.00 years |
| Education | NA | ||
| Skills | Regular articleship plus knowledge of tax | ||
 |
|||
| Job Description |
Job Profile :
PwC’s
M&A Tax & Regulatory practice provides end-to-end solutions for
different types of domestic and cross-border transactions including
mergers, demergers, acquisitions, divestitures, joint ventures,
corporate restructuring, inbound and outbound advisory, transaction and
business model structuring, due diligence and family arrangements. The
services consider a host of legislations and regulations including
direct tax, indirect tax, stamp duty, corporate laws, exchange control
regulations, accounting standards, etc.
The tasks, roles and responsibilities concerned with the job will include the following:
• End to end execution of client deliverables ensuring quality and timeliness | ||
Vacancy for CA/ICWA in Gas Authority of India Ltd
Gas Authority of India Ltd
Gas Authority of India Ltd is inviting applications from indian citizens for recruiting following posts:
Deputy Manager (Medical Services Specialist in Obstetrics and Gynecology)-01
Senior Officer (F and A)-09
Officer (Security)-03
Sunday, March 1, 2015
Expression of Interest For Con-current Audit.
Odisha State Health & Family Welfare Society
Last Date : Mar 07, 2015
Expression of Interest For Con-current Audit.
Address: Department of Health & Family Welfare, Government of Odisha Annex Building of
Last Date : Mar 07, 2015
Expression of Interest For Con-current Audit.
Address: Department of Health & Family Welfare, Government of Odisha Annex Building of
Conduct of Internal Audit for the FY 2014-15 of Andhra Pradesh Industrial Infrastructure Corporation Limited
Andhra Pradesh Industrial Infrastructure Corporation Limited
Last Date : Mar 06, 2015
Conduct of Internal Audit for the FY 2014-15.
Address: Andhra Pradesh Industrial Infrastructure Corporation Limited, 5-9-58/B, Parishrama
Last Date : Mar 06, 2015
Conduct of Internal Audit for the FY 2014-15.
Address: Andhra Pradesh Industrial Infrastructure Corporation Limited, 5-9-58/B, Parishrama
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