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Archive: 16 October 2016

Posts in 16 October 2016

ICSI appoints administrator to check financial irregularities at WIRC

October 16, 2016 4672 Views 1 comment Print

THE INSTITUTE OF COMPANY SECRETARIES OF INDIA OFFICE ORDER NO. 132/2016 Date: 13th October, 2016 1. The Council of the Institute in its 238th(adjourned) meeting held on Saturday, the 17th September, 2016, took a serious note of various instances of financial and other irregularities as reported through the Draft Audit Report for FY-2015-16, a copy […]

Economic Survey 2015 -2016- An analysis

October 16, 2016 2701 Views 0 comment Print

Economic Survey 2015 -2016 Released by Finance Ministry every year before budget session. It sets backdrop for budget and reviews the development in Indian economy over the previous 12 months.

Registration under Model GST Law- Analysis of Proposed Law

October 16, 2016 5647 Views 0 comment Print

In this article, provisions relating to Registration under GST as given (Draft) Model Goods and Services Act, 2016 and Draft Registration Rules are presented.

Section 139 with Special Reference to Transition Period of 3 Years

October 16, 2016 15088 Views 0 comment Print

Third proviso to section 139(2) is applicable only in those cases wherein old Auditor is being continued and in case of appointment of new Auditor, the appointment shall be of five years as per section 139(1) & (2).

Assam gearing up to allot provisional GST registration number

October 16, 2016 4918 Views 0 comment Print

GST provisional Registration Number (GSTIN)- collection of mobile number email Id of taxpayers under VAT, CST, Entry /Luxury / Entertainment Tax

Is that what you thought about INSIDER TRADING?

October 16, 2016 2737 Views 0 comment Print

Chirag Singhal Many of us who have heard about insider trading, has a view that an insider trader is a handcuffed corporate person, who has been caught for doing illegal activities. But that is not the only fact. Insider trading has 2 parts, of which 1 is legal and another is prohibited i.e. is illegal. […]

Fed rate and its affects an individual, business & Stock market

October 16, 2016 1939 Views 0 comment Print

Chirag Singhal What is Fed rate and how it affects an individual, business and Indian Stock market? What is Fed rate? In a simple language the Fed rate is the rate at which the borrower bank borrows money from the lending bank. The Fed rate is the abbreviation of the Federal Funds rate. It is […]

All about Filing of Appeal before CESTAT- Part I

October 16, 2016 33811 Views 1 comment Print

Against orders passed by officers, who are lower than the rank of Principal Commissioner /Commissioner of Central Excise /Customs /Service Tax, the first appeal lies to the Commissioner (Appeals) and there from, appeals lies either to Joint Secretary ( Revision Application) or CESTAT, as the case may be.

Fixed asset Accounting under IFRS

October 16, 2016 69841 Views 1 comment Print

Fixed assets can be classified as tangible & intangible, IFRS, on Property, Plant & Equipment deals with tangible fixed asset except assets held for capital appreciation.

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