Suggestions on Draft Rule 11UA of Income-tax Rules, 1962 Accepted: I am happy to inform you that our suggestions have found favour with the Government, which we had submitted in response to the CBDT’s request on the draft Rule 11UA for determination of fair market value for the purpose of Section 56(2)(viib) of Income-tax Act, 1961.

No Objection Certificate (NOC) from the concerned regulator/Institute for LLP Name approval/incorporation General Circular no. 40/2012, dated 17-12-2012 In continuation of this Ministry’s Circular No. 2/2012, dated 1st March, 2012 on registration of companies or LLPs where one of their objects is to carry on the profession of Chartered Accountant, Company Secretary, Cost Accountant, Architect, [...]

In terms of Notification NO XCA(7)/145/2012 dated 1st August 2012, Integrated Professional Competence Examination(IPCE), stands renamed as Intermediate (IPC) Examination and would be known accordingly, with effect from May 2013 examination onwards.

Extension of last date for complying with the CPE hours requirement for the calendar year 2012 – from 31st December, 2012 to 31st January, 2013

The Council at its Special Meeting held on 2nd February, 2011 considered the recommendation of the Board of Studies that the General Management and Communication Skills (GMCS) Course should be undergone by the articled assistants twice during the period of their articled training as under:

SR. NO     NAME OF CANDIDATE – Central COUNCIL(west) 24.            Zaware Shiwaji Bhikaji-Pune 22.            Shah Dhinal Ashvinbhai-Ahmedabad 13.            Jambusaria Nihar Niranjan-Mumbai 23.            Vikamsey Nilesh Shivji-Mumbai

Incorporation of company – 7. (1) There shall be filed with the Registrar within whose jurisdiction the registered office of a company is proposed to be situated, the following documents and information for registration, namely:— (a) the memorandum and articles of the company duly signed by all the subscribers to the memorandum in such manner as may be prescribed;

CIRC Position after elimination of candidate at Sr.No.16 CA.Suresh Kabra SR.NO NAME OF CANDIDATE – WIRC(COUNCIL) VALUE RANK 22 Shah Dhinal Ashvinbhai-Ahmedabad 2570 1 24 Zaware Shiwaji Bhikaji-Pune 2540 2 13 Jambusaria Nihar Niranjan-Mumbai 2363 3 23 Vikamsey Nilesh Shivji-Mumbai 2242 4 19 Maheshwari Sanjeev Krishnagopal-Mumbai. 1890 5 9 Ghia Tarun Jamnadas-Mumbai 1877 6 14 [...]

INTERMEDIATE (INTEGRATED PROFESSIONAL COMPETENCE) EXAMINATION [As per syllabus contained in the scheme notified by the Council under Regulation 28 E (3) of the Chartered Accountants Regulations, 1988] Group-I: 3rd, 5th, 7th & 9th May 2013 Group-II: 11th, 13th & 15th May 2013

MEFICAI has notified on December 17, 2012 ‘Draft Bank Branch Auditors’ Panel for the year 2012-13′ with reference to application for the multipurpose panel for the year 2012-13.