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the Institute of Chartered Accountants of India is pleased to announce the setting up of a Branch of Southern India Chartered Accountants Students’ Association at Udupi with effect from October 28, 2010.
Corporate India is likely to switch to the new accounting system as per schedule as all pending issues related to tax implications required for convergence with International Financial Reporting Standards (IFRS) have been addressed by the finance min
Income Tax officials on Tuesday conducted a search-and-seize operation on several premises of real estate company BPTP under alleged cases of tax evasion. The search was carried out in 23 offices of the company across the NCR to ascertain facts about
The levy of a penalty by banks and housing finance companies for foreclosure of home loans does not amount to abuse of dominant position, the Competition Commission of India (CCI) ruled on Tuesday, quashing borrowers’ hopes that the practice could be
The Institute of Chartered Accountants of India(ICAI), functioning under the aegis of the Ministry of Corporate Affairs, organized here today a seminar on Social Audit. A plethora of new ideas in this emerging field were discussed by the Chartered Ac
This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
INSTRUCTION NO. 9/2010 Reference may be made to Board’s Instruction No. 7, dated 16-8-2010 in which it has been stated, inter alia, that in cases where the return is filed in ITR-1 and ITR-2 for the A.Y. 2009-10, and where the TDS claim does not exceed Rs. three lakh and where the refund computed does not exceed Rs. Twenty five thousand, the TDS claim of the taxpayer shall be accepted at the time of processing of the returns provided the TDS payment reported in AS-26 is more than Rs. zero.
Six Weeks Residential Programme on Professional Skills and Development has been initiated by Board of Studies, ICAI for the benefit of Chartered Accountancy Students and newly qualified Chartered Accountants. All the students who have passed PCC/IPCC
The necessary facts, in brief are, that the show cause notice dated 15.2.1999 was issued to the assessee alleging that it had wrongly taken credit to the extent of 5,37,799 under Rule 57A of the Rules, during August 1998.
Institute of Chartered Accountants of India is pleased to announce the setting up of a Branch of Central India Chartered Accountants Students’ Association at Agra with effect from October 28, 2010.