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ICAI members can have Chartered Accountants Australia & New Zealand membership

May 9, 2018 18039 Views 0 comment Print

Chartered Accountants Australia & New Zealand (CA ANZ) announces a Pilot International Pathway Programme for ICAI Members The Institute of Chartered Accountants of India (ICAI) has entered into a unilateral arrangement “Pilot International Pathway Scheme” with Chartered Accountants Australia & New Zealand (CA ANZ) for ICAI members based in Australia and New Zealand. The said […]

HC issues Notices on Petition Challenging Constitution Of GST Tribunals

May 9, 2018 4374 Views 0 comment Print

Gujarat High Court has issued notice to the Union of India, Gujarat State government and the Goods and Service Tax Council on a petition moved by CA Prateek Gattani and Abhishek Chopra challenging the constitution of the Central as well as State Appellate Tribunals.

Actionables arising out of notification of 28 sections by MCA

May 9, 2018 2301 Views 1 comment Print

MCA vide notification S.O. 1833(E) dated May 7, 2018 has notified 28 Sections in Phase III. The same has been notification has been published in official gazette and is effective from May 7, 2018. This article discusses immediate actionables to be ensured by companies.

Disallowance u/s 14A unsustainable in absence of exempt income

May 9, 2018 2391 Views 0 comment Print

When assessee had not earned any exempt income during the relevant assessment year, disallowance under section 14A could not be made.

How to manage finances – PDF Tips for Accounting

May 9, 2018 20430 Views 0 comment Print

If you run a small business, a startup or if you prefer to manage your personal finances by yourself, make sure you learn all the necessary accounting hacks. Accounting is a very important aspect of everyone’s finances, whether personal or business ones. Even if you hire an accountant to manage your books, you should still […]

Advisory on Phishing, Fraudulent Refund E-mail Scams & Fake Income Tax Web Sites

May 9, 2018 9979 Views 1 comment Print

Beware of phishing and fraudulent scams related to income tax. Learn how to identify and report phishing emails and fake websites.

Implementation of Track and Trace system for export of drug formulations

May 9, 2018 936 Views 0 comment Print

The date for implementation of Track and Trace system for export of drug formulations with respect to maintaining the Parent-Child relationship in packaging levels and its uploading on Central Portal has been extended upto 15.11.2018 for non SSI manufactured drugs as well as SSI manufactured drugs.

Reg. Import policy of Peas under Exim Code 07131000

May 9, 2018 582 Views 0 comment Print

Reference is invited to Notification No. 4 dated 25.4.2018 amending the import policy of Peas under Exim Code 07131000, Chapter 7 of the ITC (HS) 2017 on the above subject. In this regard, as already notified, total quantity of Peas available for import during the period from 01st April to 30th June, 2018 is one lakh MT minus the quantity already imported from 01.04.2018.

Requirement of PSIC dispensed with for import of metallic waste & scrap

May 9, 2018 3297 Views 0 comment Print

Requirement of PSIC is dispensed with for import of metallic waste and scrap from safe countries through six ports where portal monitors and container scanners are operational.

Krishnapatnam Port is enlisted as a designated port for import of scrap

May 9, 2018 627 Views 0 comment Print

In exercise of powers conferred under paragraph 2.04 of the Foreign Trade Policy, 2015­2020, the Director General of Foreign Trade hereby inserts the name of Krishnapatnam Port in para No. 2.54 (d)(iv) as under:

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