The Committee on Information Technology of ICAI has been offering the highly popular Post Qualification Course (PQC) on Information Systems Audit (ISA) leading to the designation D.I.S.A. (ICAI) with an enrollment of over 28000 members. The Committee is in the process of enhancing the ISA Faculty Bank on a ll India basis to organize sessions […]
Orientation Course for DIRM Candidates declared successful at the Technical Examination are required to undergo an Orientation Course to be conducted by the Institute. The Certificate of passing the IRM Course will be issued after completing the Orientation Course. It is proposed to hold two batches of Orientation Courses at Chennai and New Delhi as […]
Most Important Announcement The candidates who fulfil the following criteria are eligible to appear in the Campus Placement Programme to be held in March-April 2009: (i) who have qualified in CA final examination held in November 2008, subject to completion of their Articleship and GMCS Course latest by 31st March, 2009 and also undertaking to […]
Publication of facsimile edition of foreign newspaper would also be subject to the Guidelines for publication of newspapers and periodicals dealing with news and current affairs and publication of facsimile edition of foreign newspapers issued by Ministry of Information & Broadcasting on 31.3.2006, as amended from time to time.
In a path-breaking investigation, with all-India ramifications, sleuths from the Income Tax department (Bangalore circle) have found that a private airline had not remitted to the government a part of the tax it has been deducting at source for over the past eight years. The TDS default and the interest on it amounts to around […]
It’s not just cricketers who made a fortune at last week’s Indian Premier League (IPL) auction. The income tax (I-T) department is set to get richer too, with franchisees owners who splurged record sums of money on cricketers last weekend, having to fork out at least 10% (TDS) to the IT department. The cash-rich cricketers […]
PwC’s unqualified opinions of Satyam’s financial statements were materially false and misleading… as an accounting expert which consented to the use of its unqualified audit opinions, PwC is liable for the material misrepresentations or omissions… Excerpt from a Class Action Complaint against Satyam, Ramalinga Raju, Rama Raju, Srinivas Vadlamani and PricewaterhouseCoop ers filed in a […]
In the wake of the Satyam accounting fraud, the ministry of corporate affairs has woken up to the need of stronger auditing standards and feels that the new Companies Bill would provide a stronger regulatory platform since the Centre would notify the same as part of the bill.
A meeting with Ms. Parveen Tripathi, Dy. C&AG was held on 9th February, 2009. The meeting was attended by the President CA. Uttam P. Agarwal, Vice-President CA. Amarjit Chopra and CA. Anuj Goel, Chairman, PDC. In this meeting, Shri K. P. Sasidharan, Principal Director (Commercial) and nominee of the C&AG of the Central Council was […]
A transaction in intellectual property (IP) along with the right to manufacture the licensed product is totally different from the technical assistance rendered by an engineer or a firm of engineers; when IP services are brought under the tax net without altering the scope of “Consulting Engineer Service” the new impost covers an activity hitherto not exigible to service tax under the head Consulting Engineer.
