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Archive: 21 June 2013

Posts in 21 June 2013

Sum paid in the course of Land Business & Forfeited by land owners allowable as Business expense

June 21, 2013 678 Views 0 comment Print

Assessing the legitimacy of Rs. 10 lakh written off by Zebina Real Estate Pvt. Ltd. Explore ITAT Delhi’s decision favoring the business expenditure claim.

SEBI Order in the matter of market manipulation using GDR issues

June 21, 2013 1395 Views 0 comment Print

SEBI had passed an ad interim ex-parte order dated September 21, 2011, in the matter of market manipulation using GDR issues against several entities including Shri Arun Panchariya(hereinafter referred to as AP) and Pan Asia Advisors Limited (now known as Global Finance and Capital Limited.

Practical Experience Of CA Sudhir Halakhandi – E-Filing Of Audit Report

June 21, 2013 18754 Views 0 comment Print

 1. CHARTERED ACCOUNTANT:- (i) Go to incometaxindiaefiling.gov.in and click on ‘REGISTER YOURSELF’ and select the option Tax professional – Chartered Accountant. The registration of chartered accountant is one time activity and the Registration form which is opened after selecting the option chartered accountant will require your Membership Number, enrolment date as CA, Name (Surname, First […]

Article On Introduction of New Audit Report Format By ICAI

June 21, 2013 26063 Views 2 comments Print

Revision in Form and Content of Auditor’s Report [SA 700 Revised)/SA 705/SA706] & Implementation of the same- Articles Discusses on the following Topics :- Extant Provisions Under Companies Act 1956 Applicability Of CARO With Respect To Audit Report Revision In Form And Content Of Auditors Report Implication On SA 700 (Revised) Auditors Report

Customs House Agents Licensing Regulations, 2013

June 21, 2013 4358 Views 0 comment Print

NOTIFICATION NO 65/2013 – Customs,(N.T.) (1) Before granting the licence under regulation 7, the Commissioner of Customs shall require the successful applicant to enter into the bond in Form D and where specified a surety bond in Form E for due observance of these regulations and furnish a bank guarantee, a postal security or National Saving Certificate in the name of Commissioner of Customs for an amount of five lakhs rupees for carrying out the business as Customs Broker.

Territorial Jurisdiction and Delegation of Powers under Profession Tax Act

June 21, 2013 1655 Views 0 comment Print

In exercise of the powers sub-section (1) of section 12 of the Maharashtra State Tax on Professions, Trades, Callings and Employments Act, 1975 (Mah. XVI of 1975), the Commissioner of Profession Tax, Maharashtra State, Mumbai hereby specifies the entire area comprised within the State or,

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