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Archive: 13 February 2018

Posts in 13 February 2018

Budget 2018-19 puts a premium on honest investment: Piyush Goyal

February 13, 2018 1143 Views 0 comment Print

NEW DELHI, 12 February 2108: Union Minister of Railways Mr. Piyush Goyal today said that Budget 2018-19 proposals were aimed at removing the structural impediments to attain long term growth, a budget that rises above populism and puts a premium on honest investment towards building a New India.

Amount W/off not allowable for which suit been filed till disposal of such suit

February 13, 2018 1218 Views 0 comment Print

Health and Glow Retailing Pvt. Ltd. Vs. ACIT (ITAT Bangalore) Assessee has taken premise on rent for which he has given interest-free refundable security deposit of Rs. 11,70,000 to the landlord. When the assessee could not continue with the possession, he claimed the entire amount back which was not given by the landlord, therefore he […]

ICAI elects President and Vice-President for the year 2018-19

February 13, 2018 3924 Views 0 comment Print

 CA. Naveen N. D. Gupta elected as President, ICAI & CA. Prafulla Chhajed as Vice-President, ICAI for the year 2018-19. CA. Naveen N. D. Gupta, President ICAI for 2018-2019 A man of professional wisdom, vision and strong organisational skills with a firm belief in inclusive growth of Indian accountancy profession, CA. Naveen ND Gupta has […]

Exposure Draft of Ind AS 117, Insurance Contracts

February 13, 2018 1707 Views 0 comment Print

Following is the Exposure Draft of Ind AS 117, Insurance Contracts, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft.

Corporate Governance – Need for Unlisted Company

February 13, 2018 9702 Views 0 comment Print

We understand that in a company there are certain stakeholder’s such as shareholders, management, customers, suppliers, financiers, employees, government and the community, whose interest is to be protected, directed and controlled by the set system of rules, practices and processes.

Delhi HC dismisses petition against CA Final Result Controversy

February 13, 2018 41286 Views 2 comments Print

A perusal of the Regulation 39(2) in itself shows that the council has been granted a discretion to revise the marks obtained by the candidates in any particular paper/papers or aggregate, as may be considered necessary for maintaining the standards of passed percentage

Taxability of EPF withdrawn of Accumulated Balance before 5 years & International Employees Exemption

February 13, 2018 54963 Views 6 comments Print

EPF Taxability if withdrawn before 5 year of Service & Foreign Employees Exemption

Liability of RCM u/s. 9 (4) of CGST Act & 5(4) of IGST Act after recent Amendments

February 13, 2018 65940 Views 4 comments Print

This article discuss the liability of GST payable on Reverse Charge basis, against supplies received from Unregistered Suppliers in view of the amendment to notification No. 8/2017 CT (rate) by Notification No. 38/2017 C T (Rate) dated 13.10.2017 and issue of a new notification No. 32/2017 IT (Rate) dated 13.10.2017

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