• Aug
  • 21
  • 2014

Download Revised Utility for Tax Audit Report for AY 2014-15

Added In Income Tax
CBDT on 20.08.2014 released Revised Form 3CA-3CD & Form 3CB-3CD filing utility along with updated Schema. Revised Utility is is now available for e-Filing. CBDT has revised the Format of Tax Audit report vide its  Notification No. 33/2014 dated 25/07/2014 and all Tax audit reports  submitted on or after 25.07.2014 are required to be submitted […]

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  • Aug
  • 21
  • 2014

HC vacates stay on appearance of non advocates before VAT Authorities

Added In GST
On applications filed by the Institute of Chartered Accountants of India for impleadment and vacation of stay, the Hon’ble Lucknow Bench of Allahbad High Court has modified its order dated 6th August, 2014 vide its order dated 20.08.2014 and consequently Chartered Accountants and non advocates would continue to be permitted to appear before the Authority under the VAT Act in the State of U.P.

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  • Aug
  • 21
  • 2014

Finmin Notifies revised PPF Investment limit of Rs. 1,50,000/-

Added In Income Tax
(1) This Scheme may be called the Public Provident Fund (Amendment) Scheme, 2014. FinMin notifies Higher Investment limit in PPF of Rs. 150,000.

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  • Aug
  • 21
  • 2014

Due date for filing Tax Audit Report for AY 2014-15 extended to 30.11.2014

Added In Income Tax
CBDT hereby extends the due date for obtaining and furnishing of the report of audit under section 44AB of the Act for Assessment Year 2014-15 in case of assessees who are not required to furnish report under section 92E of the Act from 30th day of September, 2014 to 30th November, 2014.

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  • Aug
  • 21
  • 2014

Discussion Paper on review of clause 36 and related clauses of Equity Listing Agreement

Added In SEBI
This discussion paper issued by SEBI seeks to review the continuous disclosure regime for listed companies in India and provide appropriate regulatory framework to assist listed entities to understand and comply with their disclosure obligations under Equity Listing Agreement / Regulations (proposed).

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  • Aug
  • 21
  • 2014

‘Leadership in 21’ – New-Age, New Generation and Different Rules of the Game

Added In CA CS ICWA
What this article is all about: The article is about changing scenario in current management and leadership world. As the generation changes, it’s becoming more and more difficult for leaders to lead their business and the people. Leaders try to think about what going wrong without any kind of realization about the real reasons. From […]

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  • Aug
  • 20
  • 2014

Tax Audit under Income Tax and Cost Audit – Correlation & New amendments

Added In Income Tax
CMA Navneet Kumar Jain Any organization has to undergo many audits like Financial Audit, Tax Audit, VAT Audit, Excise Audit, Service Tax Audit & Cost Audit. Cost Audit was made applicable to most of the companies since the year 2011 and in the year 2014 again many of the industries  were apparently excluded from applicability […]

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  • Aug
  • 20
  • 2014

Related Party Transactions U/s. 188 of Companies Act,2013 & 2nd Amended Rules,2014

Added In Company Law
A Company shall enter into any contract or arrangement with a related party only with the consent of Board of Directors given by a resolution at a meeting of the Board and subject to conditions as prescribed under Rule 15 of the Companies (Meeting of Board and its Powers) Second Amendment Rules,2014.

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  • Aug
  • 20
  • 2014

Process for Appointment of Auditor under Companies Act- 2013

Added In Company Law
In the present article we deal with the provisions of the 2013 dealing with the Auditors of the Company. The auditors of a company play a vital role towards the stakeholders of such company. The Auditors are required to audit the books of accounts of the company and report to the shareholders regarding the affairs of the Company which are carried out by the directors of the Company in the fiduciary capacity.

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