Vacancy for CA in Grand Hyatt Mumbai

Job Description

 You will be responsible for the efficient running of the department in line with Hyatt International's Corporate Strategies and brand standards, whilst meeting employee, guest and owner expectations.
You will be required to supervise and oversee the accounts payable, receivable, ledger, credit and all

All about GST TDS applicable from 1/10/18

about GST TDS

Section - 51 of CGST Act
Effective Date: 01.10.2018

What Section Says:

Persons notified vide Notification No. 33/2017 - Central Tax, shall be liable to deduct tax @1% under CGST and 1% under SGST from the payment made or credited to the supplier of taxable goods or services or both if the total value of such supply, under a contract,EXCEEDS TWO LAKH AND FIFTY THOUSAND RUPEES (Rs. 2,50,000).

Notified persons 33/2017:

AUDIT REPORTS/REPORT OF ACCOUNTANT, ETC., PRESCRIBED UNDER INCOME-TAX RULES

AUDIT REPORTS/REPORT OF ACCOUNTANT, ETC., PRESCRIBED UNDER INCOME-TAX RULES

Rule	Relevant section of the Income-tax Act	Prescribed Statement/Audit Report	Prescribed Form No.
(1)	(2)	(3)	(4)
2D(5)(f)	10(23F)1	Audit report by venture capital fund or venture capital company to DG (IT) Exemptions	—
2E(6)	10(23G)2	Audit report to Chief Commissioner by enterprise engaged in eligible business	—
5A3	32(1)(iia)	Report of accountant required under section 32(1)(iia)	3AA
5AC	33AB(2)	Audit report required under section 33AB(2)	3AC

ICAI’s new initiative to trace fake chartered accountants

The Institute of Chartered Accountants of India ( ICAI ) has asked its members to register with its new venture, ie., Unique Document Identification Number to trace out the fake Chartered Accountants.

“It has been noticed that financial documents/ certificates attested by third person misrepresenting themselves as CA Members are misleading the

Vacancy for CA in JPMorgan, Chase

Analyst — IB F & BM (CFO MIS)

Req #: 180101374

Location: Mumbai, MH, IN

Job Category: Accounting/Finance/Audit/Risk

JPMorgan Chase is a leading global financial services firm with assets of $1.1 trillion and operations in more than 50 countries. The firm is a leader in investment banking, financial services for consumers and businesses, financial transaction processing, asset and wealth management, and

Union Bank invites applications from CA/ Cost Accountants Firms for empanelment as stock auditors.

http://www.unitedbankofindia.com/uploads/NoticeEmpanelmentStockAuditor.pdf

AHMEDABAD WE ARE LOOKING (CS TRAINEE EXECUTIVE- PROFESSIONAL) - PAID TRAINEE - PAID ARTICLE - ) ​CS ​-​MCA ​-​NCLT​-​ TM ​-​IBC 130918

AHMEDABAD : WE ARE LOOKING (CS TRAINEE EXECUTIVE- PROFESSIONAL) - PAID TRAINEE - PAID ARTICLE - CS (SIX) CS -MCA -NCLT- TM -IBC

Work AREA CS -MCA -NCLT- TM -IBC 
Email you CV first

Internal Auditor not to undertake Goods and Service Tax

We have received enquiries from the members at large and other 

stakeholders as to whether an internal auditor of an entity can also 

undertake GST Audit of the same entity as required under the Central 

Key amendments in relation to Rights, Bonus, QIP and Preferential Issue under SEBI (ICDR) Regulations, 2018

SEBI in order to align its provisions under ICDR Regulations with Companies Act, 2013 and allied regulations, had come with its consultation paper on May 04, 2018 detailing the suggestive changes under various fund raising options by listed issuers. In continuation to the same, SEBI

Decoding changes in LTCG on listed equity shares

Navigating through the complex changes in the taxation of capital gains on listed equity shares

On February 1, 2018, the long running tax-free party for equity investors finally met its pooper. Budget 2018 imposed 10 per cent tax on long-term capital gains (LTCG) above ₹1 lakh a year on listed equity shares and equity mutual funds. This tax kicked in from April 1, 2018. It has a wide impact — not just on

CAN A TRUST CAN BE MEMBER OF A COMPANY ?

As per section 5 of the LLP Act, 2008, any individual or body corporate can become a partner in an LLP. While technically, a trust represented by a trustee company could be regarded as a body corporate, practically there existed an ambiguity as to whether a trustee representing a domestic trust could be permitted to become a partner in LLP.

REITS, INVITS AND ALTERNATIVE INVESTMENT FUNDS (AIFS).

This uncertainty led to inadvertent hurdles in the smooth implementation and functioning of the investment pooling vehicles such as REITs, InvITs and Alternative Investment Funds (AIFs). It may be noted that the regulations pertaining to REITs and InvITs recently introduced by SEBI stipulated that REITs and InvITs being set up as a trust could hold specified assets either directly, or through Special Purpose Vehicles (SPVs). The SPVs could either be a company or an LLP.

SEBI REGULATIONS DEALING WITH AIFS

Similarly, according to SEBI regulations dealing with AIFs, an AIF could be incorporated as a trust to make investments in investee companies. The term ‘investee company’ has been defined to mean any company, SPV or LLP or body corporate in which an AIF makes an investment.

MCA CLARIFICATION ON TRUST BEING A MEMBER OF COMPANY

The Ministry of Corporate Affairs (MCA) has recently issued General Circular No. 37/ 2014 dated October 14, 2014, stating that a trustee (being a body corporate) of Real Estate Investment Trusts (REITs), Infrastructure Investment Trust (InvITs), or any other trust set up under the regulations prescribed under the Securities and Exchange Board of India (SEBI) Act, 1992, is not barred from becoming a partner in an limited liability partnership (LLP). Furthermore, such bodies corporate are permitted to hold partnership in an LLP without an addition of the statement that it is a trustee.

 Trust can hold share in the company. Trust will be the registered shareholder and beneficiaries will be the beneficial shareholder. MGT-4, MGT-5 and MGT-6 needs to be filed for the same.

WELCOME MOVE BY MCA

The clarification by the Ministry is a welcome move providing clarity in

REDUCTION OF TIMELINE FOR LISTING OF DEBT SECURITIES AFTER THE CLOSURE OF THE ISSUE TO 6 WORKING DAYS AS AGAINST THE PRESENT REQUIREMENT OF 12 WORKING DAYS.

In order to make the existing process of issuance of debt securities, Non Convertible Redeemable Preference Shares, and SEBI (Public Offer & Listing of Debt Instruments) Regulations & SEBI ( Issue of and Listing of Securities by

GST on common expense

Recently the AAR has delivered something which is common for the GST thinkers and the one working with the corporates with the better accounting practices and not so common for the layman and the small and medium companies.

Yes, I am talking amount the recent pronouncement by the Authority of Advance Ruling

Disallowance under Section 43B of I-T Act, 1961 and unpaid Service Tax

Disallowance under Section 43B of I-T Act, 1961 and unpaid Service Tax 

By Lukose Joseph, CA & Anil P Nair, CA

Executive Summary

BY virtue of Section 43B read with Section 145A of Income Tax Act, 1961 and decision in ACIT v Real Image Media Technologies - 2007-TIOL-514-ITAT-MAD if service tax is not routed through Profit and Loss Account, but is entered

Recruitment Notice for the post of Assistant Manager in HR, Marketing and Finance in MTNL through Online Examination

http://202.191.140.165/mtnlamapr18/

ICAI Representation on Revised Form 3CD

 ICAI Representation on Form 3CD.pdf

Summary of Amendments in 3CD FORM for AY 2018-19

_*6 Amendments + 9 Insertions = Total 15 Changes*_

*Summary of Amendments:*

1. *sl 4* - GSTIN to be mentioned.

2. *sl 19* - Allowance under Section 32AD is to be reported.

3. *sl 24* - Deemed gains under Section 32AD to be reported.

4. *sl 26* - Clause (g) of Section 43B (sum payable to Indian Railways for use of assets) is to be

Discrepancies in CA results reported

Multipurpose Empanelment Form (MEF) Application for the year 2018-19

Multipurpose Empanelment Form (MEF) Application for the year 2018-19 with the following key highlights:

1. Acceptance of digitally signed or uploading the declaration duly signed by all continuing Partner (s) / Proprietor of the firm or Member practicing in individual name.
2. Introduction of Grey Fields in front of pre-filled fields (in Green) to facilitate the applicant

All things that GST Authorities want you to do - new 'simplified' GST returns

CONTINUING with the Government's leitmotif, yesterday, a 54 pages booklet containing the new "simplified" GST returns and formats was placed in the public domain.

This article highlights various responsibilities cast on the GST payers in the new return

GST- Clarifications regarding GST in respect of certain services Circular No. 32/06/2018-GSTF. No. 354/17/2018-TRU

GST - Circular No. 32/06/2018-GSTF. No. 354/17/2018-TRU

Subject: *Clarifications regarding GST in respect of certain services*

I am directed to issue clarification with regard to the following issues approved by the GST Council in its 25th meeting held on 18th January 2018:-

S. No./Issue/ Clarification

1 *Is hostel accommodation provided by Trusts to students covered within the definition of

Vacancy for CA in Yes Bank

Job Description 

Manager - (SAV000003)

Description

 

• Understanding and identification of opportunities in market segments and develop new products for identified segments/concepts in line with needs
• Periodic evaluation and benchmarking against competition offering and propose

Vacancy for CA industrial trainee in GE

https://www.applytracking.com/track.aspx/TBqv?codes=WB2345

Vacancy for CA in J P Chemicals and Pharmaceuticals Limited

Job Description

1. Manage and handle all indirect and direct tax matters.
2. Ensure timely compliance under tax laws including filing of statutory tax returns, dealing with assessments/ appeals etc.
3. Review current tax practices and processes and suggest improvement(if any), in the same.

IT : Where assessee gave interest free loan to its subsidiaries out of surplus funds, impugned disallowance made by Assessing Officer under section 36(1)(iii) was to be deleted

IT : Where assessee gave interest free loan to its subsidiaries out of surplus funds, impugned disallowance made by Assessing Officer under section 36(1)(iii) was to be deleted

IT : Where assessee invested interest free funds to earn exempt divided

Vacancy for CA/CA Inter in Boeing

Job ID 10517Date posted 03/09/2017

Location ChennaiIndia

Job Description
Job Description:

Candidates with audit & good compliance knowledge and able to handle compliances requirements and audit independently. Preferably CA or equivalent with about 5 years of post-qualification experience / CA Inter with 5-8 years of experience / Graduate or Post graduate with 10+ years of experience with good

Negotiable Instruments Act: Where notice under section 138 was issued by registered post correctly addressing to drawer of cheque, even in absence of drawer at correct address, or on his refusal, due services had to be presumed

Negotiable Instruments Act: Where notice under section 138 was issued by registered post correctly addressing to drawer of cheque, even in absence of

Capital Gain in case of Family Settlement

The Madras High Court in a judgment reported as Palanikumar Pillai Vs. Palanikumar Pillai & others (1988) 1 LW 448 explained the scope of 'provision of owelty'. While referring to the Supreme Court judgment in Badri Narain Prasad Choudary & others Vs. Nil Rattan Sarkar (1978) 3 SCR 467, held to the following

Work of chartered accountant firms for maintaining he accounts of units / offices o PSIEC

Punjab Small Industries And Export Corporation Limited  Last Date : Apr 17, 2017 Work of chartered accountant firms for maintaining he accounts of units / offices o PSIEC for a period of one year. Address: Chandigarh - Haryana - India Phone:  Email:

Buy Indirect Tax by Bangar for May 2017 at huge discount

Comprehensive Guide to Indirect Tax Laws for CA Final May 2017

Vacancy for CA in Kotak Mahindra

Job Description 

Credit Manager - (170000EC) Description  Job role: As part of Credit team for BL-Credit, the primary job of the credit manager is to understand: the business dynamics, products on offer, various segments to whom we lend, ensuring discipline in adherence to processes involved in credit buying

Amendment in Rates of Depreciation u/s 32(1)(ii)

December 30, 2016
CBDT curbs the depreciation rates u/s 32

Notification No. 103/2016 dated 7th November, 2016

An important amendment was recently notified by the CBDT which can have wide ramifications but which has not been talked about much in the press. This tax alert explains the changes and their impact.

The CBDT issued a Notification No. 103/2016 on 7th November, 2016 reducing the rates of depreciation under section 32(1)(ii) of the Income-tax Act, 1961 (“Act”) retrospectively from 1st April, 2016 (i.e. for the current

Extension of last date for compliance of CPE Hours requirement for the year 2016 (ending block period 2014-2016) - from 31st December 2016 to 31st January 2017.

A. All the members (aged less than 60 years) who are holding Certificate of Practice (except all those members who are residing abroad) are required to:

a) Complete at least 90 CPE credit hours in a rolling period of three-years.

b) Complete minimum 20 CPE credit hours of structured learning in each calendar year.

Vacancy for CA in J.P. Morgan chase

Job Description 

CIB - Operations Manager - Vice President - Banglore-160079868 Job Description   About J.P. Morgan Corporate & Investment Bank J.P. Morgan's Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The world's most important corporations, governments and institutions entrust us with their business in more than 100 countries. With $18 trillion of assets under custody and $393 billion in deposits, the Corporate & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the worldd.   The candidate will have to manage a team of 40-50 staff members providing service and clearing services

Vacancy for CA Inter in HDFC Bank

Click here to apply

Krishi cess not applicable if invoice generated before May 31

In a bid to end confusion over retrospective applicability of new Krishi Kalyan Cess, the government has stated that the 0.5 per cent tax will not apply on services whose invoice had been issued on or before May 31. 

Finance Minister Arun Jaitley had in his Budget for 2016-17 fiscal introduced the 0.5 per

No excise duty on traded jewellery: CBEC

Excise duty will be payable only on the first sale of jewellery and not on any items that are re-sold or traded.

In a detailed letter to field formations, the Central Board of Excise and Customs has also stressed that there should be no inconvenience to taxpayers due to the implementation of the new levy on jewellery.

“In many cases the manufacturer or the principal manufacturer, may be dealing in both the manufactured

Reputed Chartered Accountants/ Cost accountants firms for undertaking internal audit & physical verification of stocks in FCI

Last Date : Aug 02, 2016
Reputed Chartered Accountants/ Cost accountants firms for undertaking internal audit & physical verification of stocks in FCI, Tamil nadu region.

Address: Zonal Office (South)No.3, Haddows Road, Chennai

Vocation of Coaching is not confined to any profession- CA imparting coaching is not rendering professional services of CA

Vocation of Coaching is not confined to any profession- CA imparting coaching is not rendering professional services of CA

Coaching or tuitions not professional activity of a particular profession:

Coaching of any subject is not confined to any profession. A person having knowledge of any subject and

Vacancy for CA in Aditya Birla Finance Limited

Job Description 

Requisition Title :Credit Analyst-Construction Finance- Delhi  Job Number: :160105GB  Schedule :Full-time  Primary Location :India-Delhi-Delhi  Organization :Aditya Birla Finance Limited  Introduction about the Business_1 A US $40 billion corporation the Aditya Birla Group is in the League of Fortune 500. It is anchored by an extraordinary force of over 136000 employees belonging to 42 different nationalities. The Group operates in 36 countries

CBDT issues circular on clarification regarding attaining prescribed age of 60/80 years

Click here for the circular

Expression of Chartered accountant firms for National Institute Of Technology

National Institute Of Technology 
Last Date : Aug 01, 2016
Expression of Chartered accountant firms for Preparing including verification of fixed assets register of the

Appointment of Concurrent Auditor of Ifci Infrastructure Development Limited

Ifci Infrastructure Development Limited 
Last Date : Aug 01, 2016
Appointment of Concurrent Auditor.

Address: IFCI Tower, 61 Nehru Place. New Delhi-110019

Application For Concurrent / Revenue Audit ( Year 2016-17 ) of ALLAHABAD BANK

ALLAHABAD BANK
(A GOVERNMENT OF INDIA UNDERTAKING)

HEAD OFFICE : 2, NETAJI SUBHAS ROAD, KOLKATA-700 001

 CONCURRENT AUDIT CELL, PHONE – 033-2242 - 0919 /033-22627044 FAX -2231-2422, E-

Vacancy for CA/ICWA in HDFC Bank

Click here to apply

The last date for filing income-tax returns has been extended

The last date for filing income-tax returns has been extended to August 5. 

Tax returns for 2015-16 (assessment year 2016-17) were originally to be filed by July 31. But in view of the day-long strike at public sector banks, the deadline has been extended to

Required Senior Chartered Accountant in Dubai

Job Description:
1.Responsible for the companys books, including timely management of Receivables, Payables, Cost Accountancy and General ledger.
2.Work closely with outside accountants, consultants and auditors to ensure accurate and timely closure of books; identify and implement proactive cost control; providing management with

File Income Tax Returns Online in India With These Websites

When filing tax returns is mentioned, many people assume that this is a laborious process best handled by a chartered accountant. But as with many other government services, even tax filing is simpler when

CBEC issues service tax notices to Yash Raj Films, Salman Khan Films, Aamir Khan and Ranveer Singh

MUMBAI: Tax collectors, widening the net, are fishing for information on high-profile Bollywood moviemakers and actors. Top production houses have received missives from the Central Board of Excise & Customs (CBEC) asking them to spell out amounts paid to

List of 40k non-PAN deals drawn up in Vidarbha

Nagpur: As the income tax department gears up to issue seven lakh notices across the country, seeking explanation for transactions done without quoting permanent account number (PAN), a list of close to 40,000 persons has been drawn up by the Nagpur office. The office of Principal Chief Commissioner of

Vacancy for B.Com / M. com / CA / CA Inter in Binani Industries

Current Opportunities

Take a look at the current openings in our company at all our locations.

Even if you cannot find a role that fits your skill sets and expertise, you can send your resume to our

Cabinet approves GST Constitutional Act amendments

http://www.moneycontrol.com/news/economy/push-for-gst-cabinet-approves-gst-constitutional-act-amendments_7129921.html

Vacancy for CA in Morgan Stanley Fund Services

Job Title:                              Financial Reporting – Senior Associate

Reporting to:                       Financial reporting manager, Mumbai

Location:                              Mumbai, India.

Morgan Stanley Fund Services (“MSFS”) is a leading provider of third party hedge fund services with offices in New York, London, Dublin, Hong Kong, Glasgow and Mumbai and

Central Govt notifies revision in threshold limit of tax free sugar exports

Click here to read the notification

CBEC notifies amendment in section 14 on applicable rate of exchange wef 22/07/16

Click here to read the notification

REQUEST FOR PROPOSAL (RFP) TO PROVIDE INDEPENDENT VALUATION FOR THE PROPOSED MERGER OF BHARATIYA MAHILA BANK Ltd. (BMBL) WITH STATE BANK OF INDIA.

Last Date : Jul 28, 2016
REQUEST FOR PROPOSAL (RFP) TO PROVIDE INDEPENDENT VALUATION FOR THE PROPOSED MERGER OF BHARATIYA MAHILA BANK Ltd. (BMBL) WITH STATE BANK OF INDIA.

Address:

FUNCTIONS AND DUTIES OF PROMOTER UNDER THE REAL ESTATE (REGULATION AND DEVELOPMENT) ACT, 2016

Chapter III of the Real Estate (Regulation and Development) Act, 2016 (‘Act’ for short)  provides the functions and duties of the promoter.

Promoter

Section 2(zk) of the Act defines the term ‘promoter’ as-

a person who constructs or causes to be constructed an independent building or a building consisting of apartments, or converts an existing building or a part thereof into apartments, for the purpose of selling all or

GST highlights

GST highlights :

1.Be ready for 36 to 49 returns per year.
2.lumpsum turnover limit 50 lacs
3.input tax credit available only if Electronic data matches.
4.15 digit pan based GST no.
5.Penalty for return Per day Rs.100 and maximum Rs.5000

Result of the Chartered Accountants Intermediate (Integrated Professional Competence) Examination held in May, 2016 is likely to be declared on Tuesday, the 2nd August 2016. - (26-07-2016)

http://resource.cdn.icai.org/42728exam32586.pdf

Vacancy for CA in KPMG

Job Title	Executive/ Senior
Country	India
Location	Mumbai
Function	Audit
Service Line	Audit
Job Level	Associate/Team member
Contract Type	Permanent
Full Time / Part Time	Full Time
About us
Job Description	Roles and Responsibilities ·  Candidate is expected to work closely with the Director / Partner to build client relationships. Work with the Audit practice to execute Statutory Audit / Indian GAAP / IFRS / US GAAP accounting services Qualifications and Skills · Qualified CA (from a Big 4 would be an advantage) · 0- 3 years or more experience in working in statutory audit or in a similar environment

Vacancy for CA Inter in Bank of America

Job description

Job Description:

Overview * (Bank of America overview, BA Continuum India overview, Business 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. BA Continuum is a nonbank subsidiary of

CBDT issues draft norms for taxing buy back of unlisted shares

Central Board of Direct Taxes (CBDT) today came out with draft rules for determining the quantum of distributed income arising out of buy back of shares of unlisted companies for levy of tax. 

The distributed income was defined as the consideration paid by the company on buy back of shares as reduced by the