Bipluv Jhingan and Amitav Singh INTRODUCTION Despite the upbeat promises made by the Hon’ble Finance Minister with regards to taxation of foreign investors, Foreign Institutional Investors (now rechristened as Foreign Portfolio Investors) still seem to be stuck in the Minimum Alternate Tax (MAT) conundrum. The new budget seeks to levy MAT on short term capital […]
CA Manish Garg The Hon’ble Finance Minister has announced some drastic changes in the service tax which include the change regarding the procedure of registration under service tax for the single premise. As per the new procedure applicants are required to submit their PAN for the registration and person also registered is required to submit […]
As per the practice and commitment to empower its membership, our Institute (ICAI) has always responsibly disseminated professionally-relevant information among its members. With the help of Direct Taxes Committee, Indirect Taxes Committee, Committee on International Taxation and Committee on Public Finance & Government Accounting, it has prepared an e-flash on the changes proposed by the […]
Application from qualified chartered accountant/firm of Cas for empanlement to carry out special audit u/s 142 (2A) of the I.T. act. 1961 Last Date : Mar 10, 2015- Application from qualified chartered accountant/firm of CAs for empanlement to carry out special audit u/s 142 (2A) of the I.T. act. 1961.
We, the Chartered Accountants Fraternity, are all aware of the peer review process undertaken by the Peer Review Board of ICAI for the practicing member. With recent development in the reporting requirement of the financial statements, the peer review exercise helps the members of the profession at large on the following fronts:
