The Council of the Institute of Chartered Accountants of India has been concerned with the difficulties being experienced by the tax auditors in the e filing portals. In this regard, various efforts were made through written representations, personal meetings and also by way of capacity building measures of the members.
APPOINTMENT OF AUDIT FIRMS FOR CONCURRENT AUDIT OF TREASURY OPERATIONS State Bank of Patiala, having its Head Office at Patiala is India’s leading Public Sector Bank having all India presence with branch network of over 1141, is interested in engaging an Audit firm of repute and proven track record to carry out the concurrent audit […]
Law on the issue of sanction can be summarized to the effect that the question of sanction is of paramount importance for protecting a public servant who has acted in good faith while performing his duty.
For understanding the effect, we have to understand the Indian economy in short. The Indian economy has book keeping of any income and expenses in an account, which is known as Fiscal Account.
The SEBI (Foreign Portfolio Investors) Regulations, 2013 have been framed keeping in view the provisions of SEBI (Foreign Institutional Investors) Regulations, 1995, Qualified Foreign Investors (QFIs) framework and the recommendations of the Committee on Rationalization of Investment Routes and Monitoring of Foreign Portfolio Investments.
In exercise of the powers conferred under Paragraph 2.4 of the Foreign Trade Policy, 2009-2014 and Paragraph 1.1 of Handbook of Procedures (Vol. I), the Directorate General of Foreign Trade hereby suspends the following SIONs.
Just like the dealers used to do in the case of Entry Tax, they will be able to deposit the Advance Tax at the ICCs. For this an entry will be made in the computer system at the ICC. In addition to above, the dealers will be able to deposit the Advance Tax in the office of AETC as well as through internet banking.
Students, while taking admission/registration/enrolment to the Foundation/ Intermediate/Final Course, need not to take any hazards and spend time for preparing Demand Drafts w.e.f. 1st October, 2013 and take the advantage of hassle-free admission by depositing their fees either online through Debit / Credit Cards
In order to enable the mutual fund distributors also to leverage the stock exchange platform so as to improve their reach and mutual fund distributions, it has been decided to allow mutual fund distributors to use recognised stock exchanges’ infrastructure to purchases and redeem mutual fund units directly from Mutual Fund/Assets Management Companies on behalf of their clients.
Requirement of the section 10(13A) is that any allowance (by whatever name called) granted to an assessee by his employer to meet expenditure actually incurred on payment of rent in respect of residential accommodation occupied by the assessee, to such extent as may be prescribed.
