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Archive: 22 March 2009

Posts in 22 March 2009

MVAT circular on filing of revised return as advised by the Auditor in Audit Report

March 22, 2009 1231 Views 0 comment Print

TRADE CIRCULAR Dt.21.03.2009 No.VAT/MMB-1006/ 152/Adm-6 Mumbai, Trade Cir. No. 9 T of 2009 Sub: Filing of revised return as advised by the Auditor in Audit Report. Ref: Trade circular No. 26T of 2006 dated 18.9.2006. Gentlemen/Sir/ Madam, Certain queries have been received from the trade and associations, as also from departmental authorities in connection with […]

American Kids can't afford mediocrity when competing with Indian kids: Obama

March 22, 2009 262 Views 0 comment Print

We can’t afford our kids to be mediocre at a time when they’re competing against kids in China and kids in India, US President Barack Obama has said. Interacting with local residents at California’s Costa Mesa town hall Wednesday, Obama said, It can’t just be a single high-stakes standardized test — but we do need to […]

Good News: ICWAI members can practise in US

March 22, 2009 1361 Views 0 comment Print

In what could provide a big thrust to the cost accounting profession in the country, the Institute of Cost and Works Accounts of India, the apex body to regulate the profession of cost and management accountancy in the country, has finalised a mutual recognition agreement with the Institute of Management Accountants of the United States. […]

ICAI – Important Announcement for Statutory Bank Branch Auditors: 2008-09

March 22, 2009 550 Views 0 comment Print

We invite members’ attention to announcement, “Complaint regarding Bank Branch Audit Allotment 2008-09” hosted on the website on 16th March, 2009 requesting members to inform us in case they have not been allotted the bank branch audit this year despite the fact that they have been continuing auditors since 2004-05. In response to the aforesaid […]

ICAI announced General Amnesty for Restoration of Names from Register of Members

March 22, 2009 691 Views 0 comment Print

A General Amnesty Scheme for retrospective restoration of Membership effective from the date of removal due to non-payment of Membership fee was launched by the Council and announcement to this effect was issued on 13th May, 2008 and the same was hosted on www.icai.org and published in the Journal. This scheme provided an opportunity for such […]

ICAI – Eligibility Test for ISA PQC scheduled to held on 10th May, 2009

March 22, 2009 876 Views 0 comment Print

Notification for Eligibility Test (ET) for Post Qualification Course on Information Systems Audit (ISA) on Sunday the 10th May, 2009 Last Date for Online Form Submission 30th April , 2009 1. The next Eligibility Test for ISA PQC is scheduled to be held on Sunday the 10th May, 2009 from 09.00 a.m. to 1.00 p.m. A detailed […]

New Rule on Tax Credit clarified person other then deductees who else can claim Tax Credit

March 22, 2009 33428 Views 0 comment Print

Tax deducted at source (TDS) credit can now be availed by persons other than the deductees. This has been clearly articulated by the Central Board of Direct Taxes (CBDT) in a new rule on TDS credit availment. Bringing relief and certainty to taxpayers, the CBDT has also spelt out the situations and the procedure through […]

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