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Duty Drawback Scheme- Audit Observation and Action Taken

October 11, 2013 8433 Views 0 comment Print

Instruction No. F.No. 603/01/2011-DBK The Audit Report highlighted aspects on the compliance side which Internal Audit did not notice. A better performance by Internal Audit would have enabled remedial actions to be taken earlier. Board directs that Commissioners should appropriately strengthen their Internal Audit wings to achieve desired diligence levels and a significantly improved performance in areas such as payment of re-export drawback, cases of manual processing of drawback and the determination/fixation of brand rates.

Exaggerated concern for Human rights of convicts is at the cost of Interest of the Society: SC

October 11, 2013 1620 Views 0 comment Print

Interests of society at large are being repeatedly sacrificed for the exaggerated, if not misplaced concern for what is fashionably termed as ‘human rights’ of convicts.

Notification No. 23/2013-Customs (ADD) Dated: 10/10/2013

October 10, 2013 835 Views 0 comment Print

in the matter of review of anti-dumping on import of the subject goods, originating in, or exported from the subject country

Notification No. 22/2013-Customs (ADD) Dated: 10/10/2013

October 10, 2013 553 Views 0 comment Print

WHEREAS in the matter of import of Bulk Drug Cefadroxil Monohydrate (hereinafter referred to as subject goods), falling under Chapter 29 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975)

Notification No. 47/2013-Customs Dated: 10/10/2013

October 10, 2013 382 Views 0 comment Print

In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do

How to calculate TDS on Salary FY 2013-14 / AY 2014-15

October 10, 2013 54513 Views 0 comment Print

Circular No. 8/2013-Income Tax Provisions of TDS on Salary as applicable on Income from Salary for Financial year 2013-14 / Assessment year 2014-15. This includes how to calculate TDS on Salary for Financial year 2013-14 and taxability of various components of Salary, Eligible deduction for Salaried Employees, TDS Due Date and TDS return and deduction provisions.

ACES helpline number and Email Address

October 10, 2013 3011 Views 0 comment Print

In case of any difficulty in accessing the ACES Application or in filing ST 3 returns, the assesses can seek help of the ACES Service Desk by sending e-mail to [email protected] or calling up national toll-free number 1800 425 4251.

Guidelines for Appointment of Statutory Auditors in PSU Banks for F.Y. 2013-14

October 10, 2013 5180 Views 0 comment Print

Norms of Empanelment for Statutory Central Auditors of Public Sector Banks applicable from the year 2013-14 – (i) minimum 7 full time chartered accountants, of which at least 5 should be full time partners exclusively associated* with the firm.

Penal provisions for non compliance with CPE Hours requirements for ICAI members

October 10, 2013 22579 Views 0 comment Print

Penal provisions for the members of the Institute who had not complied with their CPE Hours requirements for the block period of 3 years (1-1-2011 to 31-12-2013).

Zone-shifting of candidates for November – 2013 CA Exams not possible : ICAI

October 10, 2013 417 Views 0 comment Print

Due to paucity of accommodation in certain Zones opted by the candidates in the cities of Bangalore, Chennai, Delhi, Indore and Mumbai, some of the candidates have been allotted examinations centres in the zone other than the zone opted in the said cities.

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