whether the Government of Orissa in its Department of Excise can insist on furnishing Bank Guarantee, instead of Solvency certificate, for grant or renewal of Excise Licenses in respect of liquor?
Of late, the concept of Transferable Development Rights (TDRs) has been very much in vogue, in regard to the developers and builders engaged in the business of estate development, as also the Central, State Governments or other semi-Government agencies, which are required to provide civic amenities like roads, playgrounds, parks, etc.
With the constant support and inputs of all Council Colleagues, many initiatives have been undertaken and with this instant communication, we are pleased to share with you some of the technology-oriented initiatives undertaken by your ICAI for the benefit and betterment of all
Exposure Draft of Guidance Note on Revenue from Operations in case of Contractors (Last date of comments: August 31, 2020) – (01-08-2020) Exposure Draft Guidance Note on Revenue from Operations in case of Contractors (Last date of comments: August 31, 2020) Research Committee The Institute of Chartered Accountants of India (Set up by an Act […]
ICAI is committed to provide the best services to its members. Considering the same, the International Affairs Committee of the Institute has assigned a dedicated Foreign Desk to take up overseas Member’s queries at ICAI HO level, to coordinate and communicate effectively the concerns/inputs/Queries of different ICAI Chapters/Representative Offices and ICAI members based abroad.
The issue under consideration is whether the addition for unexplained Gold made by combining the value of Gold and Silver is justified in law?
Broadly any company issuing Compulsorily Convertible Debentures (CCD) will be required to comply following laws in India, which are as under: 1. Companies Act 2013 2. Foreign Exchange Management Act ( FEMA) 3. Income Tax Act, 1961. The overview of some of the provision of above laws to be taken into consideration before choosing CCDs as instrument for raising funds by a private limited company
ITAT states the code of conduct prescribed by the Medical Council is applicable only to medical practitioners/ doctors registered with the MCI and does not apply to pharmaceutical companies & the healthcare sector in any manner.
ITR 1, ITR 2, ITR 3 & ITR 4 for AY 2020-21 are available for e-Filing. Other ITRs will be available shortly. Please read the instruction given above before start downloading and using the ITR utility for for AY 2020-21. The utility by default will get downloaded in your system “download” folder in a compressed […]
Presently we have been witnessing a very different trend in relation to the real-estate development. Earlier, a builder would go for outright purchase of a piece of land from the land-lord and develop the same at his own cost and risk. The scenario in this regard is undergoing a change. The land-lord also desires to have a share in the profit of the project being undertaken by the builder and developer.
