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Archive: 11 June 2022

Posts in 11 June 2022

Balancing between Transparency & Confidentiality in Valuation Profession

June 11, 2022 927 Views 0 comment Print

Navigating the delicate balance between Transparency & Confidentiality in the Valuation Profession. Discover the ethical considerations, standards, and practices to maintain trust, reliability, and professionalism in the field. Learn how professionals can uphold the pillars of their profession while meeting the expectations of clients and stakeholders.

ESOP by unlisted public company and private company

June 11, 2022 11673 Views 0 comment Print

Unlock the potential of Employee Stock Option Schemes (ESOS) and Employee Stock Purchase Schemes (ESPS) for unlisted public and private companies under the Companies Act, 2013. Learn the eligibility criteria, procedures, and income tax implications. Stay informed about the valuation of shares and key provisions for a seamless implementation.

Govt releases Income Tax e-book ‘Pratidhwani’

June 11, 2022 2355 Views 1 comment Print

The e-book Pratidhwani showcases policy initiatives and changes in Income Tax Department and growth of nation through the lens of Department’s outreach programmes during the period 2000 to 2022.

Govt releases CBDT’s e-book ‘Aarohan’

June 11, 2022 1638 Views 0 comment Print

CBDT e-book Aarohan gives an overview of major reforms in Income Tax Department & showcases the contribution of different batches of Indian Revenue Service to tax administration since Independence.

Technical Guide on Financial Statements of Non-Corporate Entities

June 11, 2022 8433 Views 3 comments Print

ICAI issued Technical Guide on Financial Statements of Non-Corporate Entities The Institute of Chartered Accountants of India (ICAI) apart from issuing Accounting Standards for Non-company entities, always takes necessary initiatives to ensure effective and consistent application of these Standards. For the purpose of applicability of Accounting Standards to non-company entities, scheme for classification of non-company […]

Exposure Draft of Revised Guidance Note on CARO 2020

June 11, 2022 4626 Views 0 comment Print

Exposure Draft of Revised Guidance Note on CARO 2020 issued by the Auditing and Assurance Standards Board of ICAI The Auditing and Assurance Standards Board (AASB) of the ICAI had issued the ‘Guidance Note on the Companies (Auditor’s Report) Order, 2020‘ (Guidance Note on CARO 2020) in July 2020 to provide detailed guidance to auditors […]

GST on Health care services (Wellness package) with accommodation facility

June 11, 2022 2538 Views 0 comment Print

The package offered by the applicant, as evident from their website indicates that the therapy offered by them is strictly on a residence basis. The same is evident from the fact that the consideration is solely dependent on the type of room opted by his customer.

ICAI releases Admit Cards for CA Foundation Exams- Download

June 11, 2022 5115 Views 0 comment Print

Admit cards in respect of candidates admitted to the Foundation examination with their photographs and signatures on them, are hosted on https://icaiexam.icai.org/

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