News on Tax, Corporate Law, Recent Judgement, Govt Policy

  • Feb
  • 20

CS December 2012 Exam results likely on 25.02.2013

The Result Of Foundation Programme (Old Syllabus), Executive Programme And Professional Programme Examinations Held In December, 2012 Is Scheduled To Be Declared At 11.00 A.M. On 25th February, 2013. The Results Alongwith Individual Candidate’s Subject Wise Break-Up of Marks Will Be Available on the Institute’s Website, www.icsi.edu

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  • Feb
  • 18

Revised Audit Report Formats for bank/ bank branch audit

Applicability of the Revised Audit Report Formats (including for bank/ bank branch audit reports) and Reporting in respect of Memorandum of Changes in Bank Audit Reports

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  • Feb
  • 18

Grant of Commendation Certificate on the occasion of Central Excise Day, 2013 – regarding

On the occasion of Central Excise Day, 2013, it has been proposed to award Commendation Certificates to selected officers at an All India level from different grades who, by their innovative ideas/continued devotion and commitment to duty have contributed in promoting excellence in the fields of Central Excise, Service Tax & Customs administration.

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  • Feb
  • 16

To Keep money in USA spend it on prostitutes & beer – Marc Faber

The federal government is sending each of us a $600 rebate. If we spend that money at Wal-Mart, the money goes to China. If we spend it on gasoline it goes to the Arabs. If we buy a computer it will go to India. If we purchase fruit and vegetables it will go to Mexico, Honduras and Guatemala.

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  • Feb
  • 16

Gujrat I-T official in CBI net for graft; Ex I-T official from Mumbai gets 3 Years RI

The CBI today arrested an Additional Commissioner of Income Tax in Gandhinagar for allegedly demanding and accepting a bribe of Rs 30 lakh from a construction firm for favouring it in scrutiny of tax returns.

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  • Feb
  • 15

CAG Empanelment online Application date extended to 22.02.2013

The Last Date for On-line Application for empanelment of Chartered Accountants for the year 2013-14 with the O/o C&AG has been extended to 22nd February 2013.

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  • Feb
  • 14

IT department enables Pre-Fill option for ITR

The pre-fill option of personal and tax information for ITR 1, ITR 2, ITR 3, ITR 4 and ITR 4S for assessment year 2012-13 is available. Please download the applicable ITR Form from the portal. To know more on how to download, pre-fill and upload.

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  • Feb
  • 14

Necessary Measures been taken to Resolve Difficulties in MCA 21 e-Governance Portal

Ministry of Corporate Affairs Taking Necessary Measures to Resolve the Temporary Difficulties in the Ministry’s MCA 21 e-Governance Portal The Ministry of Corporate Affairs is taking necessary measures to resolve the temporary difficulties that have arisen in the MCA 21 e-Governance portal of the Ministry. At the same time, in order to alleviate the problems [...]

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  • Feb
  • 14

NFRA to Encroach ICAI’s Territory

Our beloved Institute of Chartered Accountants of India(ICAI) is the world’s 2nd biggest accounting body and the one with constitutional powers of framing & governing accounting practices in India. Ministry of Corporate Affairs with its new proposal of NFRA has plans to take away the two big powers of ICAI i.e,

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  • Feb
  • 13

New President & Vice President of ICAI for 2013-14

CA. Subodh Kumar Agrawal, President, ICAI 2013-2014 A combination of erudition, foresight and professional excellence, CA. Subodh Kumar Agrawal has become the supreme torch-bearer of Indian accountancy profession as the President of Institute of Chartered Accountants of India (ICAI) for the year 2013-14. A fellow member of the ICAI with 24 years of standing, he [...]

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