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Archive: 27 April 2014

Posts in 27 April 2014

Disclosure Initiative: Proposed amendments to IAS 1

April 27, 2014 1310 Views 0 comment Print

Disclosure Initiative: Proposed amendments to IAS 1 (Last date for sending comments: June 15, 2014).  IAS 1 Presentation of Financial Statements prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities. It sets out overall […]

e-TDS/TCS RPU (Version 3.9) & e Validation Utility (FVU) version 2.138 applicable from 26.04.2014

April 27, 2014 10654 Views 0 comment Print

e Validation Utility (FVU) version 2.138 (for statements pertaining to FY 2007-08 to FY 2009-10) and FVU version 4.2 (for statements pertaining to FY 2010-11 onwards) are available for download from TIN website and the same is mandatory with effect from April 26, 2014.     e-TDS/TCS RPU (Version 3.9) for Statements from FY 2007-08 is available […]

CBI Arrests Superintendent (Service Tax) Of Central Excise & Customs in Bribery Case

April 27, 2014 2532 Views 0 comment Print

The Central Bureau of Investigation has arrested a Superintendent of Service Tax, Central Excise, Customs & Service Tax, Nadiad (Gujarat) for demanding and accepting a bribe of Rs. 2000/- from the Complainant. A case was registered on a complaint from partner of a firm who had applied for obtaining of Service Tax Registration Number in […]

Who am I? I am A Champion

April 27, 2014 13249 Views 0 comment Print

Write on a piece of paper, Who am I? I am a champion and keep it on your desk or paste it on the wall. This will fire you up. Charge you for the whole day. It can charge you up for the whole life.

OPC – One Person Company – The next big thing

April 27, 2014 38914 Views 6 comments Print

OPC provides a whole new bracket of opportunities for those who look forward to start their own ventures with a structure of organized business. OPC will give the young businessman all benefits of a private limited company which categorically means they will have access to credits, bank loans, limited liability, legal protection for business, access to market etc all in the name of a separate legal entity.

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