MEF

CBDT – Kindly explore the mechanism to Monitor & Regulate Tax Audits by using MEF data

CA, CS, CMA - Your attention is drawn towards a need of the hour that Tax Audits allotment be monitored through the department. It is certain that the tax audit reports shall be more qualitative and certainly result in achieving the objective of the Tax Audits. The said allotment may be monitored through your field offices under the 40 Principal CIT sp...

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ICAI hosted Specimen Multipurpose Empanelment Form for 2009-10

CA, CS, CMA - Professional Development Committee (PDC) is pleased to host the thoroughly revamped Multipurpose Empanelment Form (MEF) for the year 2009-10. The new form has been comprehensively revised to make it user friendly and ensure that members do not face any problem in submitting the form. Apart from making form simple and user friendly members...

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Onus Is On Assessee To Prove That The Net Realizable Value Whatever Has Been Shown By Him Is The Correct Net Realizable Value

CA, CS, CMA - Valuing the closing stock at net realizable value method is duly recognized by AS-2 issued by the ICAI but, the onus is on the assessee to prove that the net realizable value whatever has been shown by him is the correct net realizable value and is less than the cost: the assessee has to satisfy the Assessing Officer by adducing the evide...

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MEF empanelment date extended – Firms under Presumptive Taxation not to submit Financial Statements

CA, CS, CMA - There is no requirement for submitting the Financial Statements i.e. Balance Sheets and Income & Expenditure Account for the applicants who have opted for the Presumptive Taxation Scheme under Section 44ADA of Income Tax Act, 1961 and have filed their ITR accordingly for the financial year 2018-19....

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Submit Online MEF form for year 2020-21 upto 12.10.2020

CA, CS, CMA - The last date for submission of Online MEF Form for the year 2017-18 is 15th August, 2017 and for submission of hard copy of DECLARATION FOR MEF 2017-18 is 22nd August, 2017....

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ICAI Announcement regarding MEF-(2019-20)

CA, CS, CMA - The Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2019-20 is available till 2nd Jan, 2020 at www.meficai.org. We wish to inform that we are receiving the issues from the MEF Applicants mainly arising due to technological upgradation of ICAI data and are being looked into. After due verification, these is...

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Multipurpose Empanelment 2018-19- Due date extended

CA, CS, CMA - Considering the requests of various Members of ICAI, it has been decided by Professional Development Committee to extend the last date for submission of online Multipurpose Empanelment Form for the year 2019-20 till 30th September, 2019. The last date for submission of Declaration is 30th September, 2019....

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FAQs- Multi Purpose Empanelment Form (MEF) 2019-20

CA, CS, CMA - Frequently Asked Questions (FAQs) APPLICABILITY / ELIGIBILITY Ques.: What is cut-off date for considering the constitution of the applicant for Multipurpose Empanelment Form (MEF) 2019-2020? Ans.: As per the Council decision, for Proprietary Concern/Partnership Firm/LLP the firm Constitution Certificate and for Individual/Sole Practitione...

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Multipurpose Empanelment for the year 2015-16 started

NA - This is to inform that Multipurpose Empanelment Form for the year 2015-16 has been made live at www.meficai.org. Last date for submission of online form is 31st August, 2015 and the last date of submission of hard copy of "DECLARATION FOR MEF 2015-16" is 15th September, 2015....

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Recent Posts in "MEF"

MEF empanelment date extended – Firms under Presumptive Taxation not to submit Financial Statements

There is no requirement for submitting the Financial Statements i.e. Balance Sheets and Income & Expenditure Account for the applicants who have opted for the Presumptive Taxation Scheme under Section 44ADA of Income Tax Act, 1961 and have filed their ITR accordingly for the financial year 2018-19....

Read More
Posted Under: CA, CS, CMA |

Submit Online MEF form for year 2020-21 upto 12.10.2020

The last date for submission of Online MEF Form for the year 2017-18 is 15th August, 2017 and for submission of hard copy of DECLARATION FOR MEF 2017-18 is 22nd August, 2017....

Read More
Posted Under: CA, CS, CMA |

ICAI Announcement regarding MEF-(2019-20)

The Draft Bank Branch Auditors’ Panel of Chartered Accountants/firms for the year 2019-20 is available till 2nd Jan, 2020 at www.meficai.org. We wish to inform that we are receiving the issues from the MEF Applicants mainly arising due to technological upgradation of ICAI data and are being looked into. After due verification, these is...

Read More
Posted Under: CA, CS, CMA |

Multipurpose Empanelment 2018-19- Due date extended

Considering the requests of various Members of ICAI, it has been decided by Professional Development Committee to extend the last date for submission of online Multipurpose Empanelment Form for the year 2019-20 till 30th September, 2019. The last date for submission of Declaration is 30th September, 2019....

Read More
Posted Under: CA, CS, CMA |

FAQs- Multi Purpose Empanelment Form (MEF) 2019-20

Frequently Asked Questions (FAQs) APPLICABILITY / ELIGIBILITY Ques.: What is cut-off date for considering the constitution of the applicant for Multipurpose Empanelment Form (MEF) 2019-2020? Ans.: As per the Council decision, for Proprietary Concern/Partnership Firm/LLP the firm Constitution Certificate and for Individual/Sole Practitione...

Read More
Posted Under: CA, CS, CMA |

Verify MEF declaration & Financial Documents submission status

MEF declaration received status as on 23-08-2011 can be verified at the link given below http://www.meficai.org/declarations_recieved.jsp...

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Posted Under: CA, CS, CMA |

MEF Empanelment 2016-17- ICAI calls for Financial Documents

It has been decided to call for Financial Documents of the applicants for Multipurpose Empanelment, for the year 2016-17. The above MEF has been selected as one of those to submit the Financial Documents in connection with the subject empanelment....

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Posted Under: CA, CS, CMA |

Multipurpose Empanelment of CAs started for year 2016-17

Multipurpose Empanelment Form (MEF) for the year 2016-17 is now hosted at MEFICAI website. Members can fill up the application form directly on the MEFICAI website itself and Submit it. Members can view the Application and can edit the Application in different stages. However after submission of the application form members will not be a...

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Posted Under: CA, CS, CMA |

MEF Draft Bank Branch Auditors Panel 2015-16

Dear Sir, Please find placed below Draft Bank Branch Auditors’ Panel for the year 2015-16. To view the category, please click on the relevant interval: MEF00001-05000 MEF05001-10000 MEF10001-15000 MEF15001-20000 MEF20001-25000 MEF25001-30000 MEF30001-35000 MEF35001-40000 MEF40001-45000 MEF45001-50000 MEF50001-55000 MEF55001-60000 MEF600...

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Posted Under: CA, CS, CMA |

CBDT – Kindly explore the mechanism to Monitor & Regulate Tax Audits by using MEF data

Your attention is drawn towards a need of the hour that Tax Audits allotment be monitored through the department. It is certain that the tax audit reports shall be more qualitative and certainly result in achieving the objective of the Tax Audits. The said allotment may be monitored through your field offices under the 40 Principal CIT sp...

Read More
Posted Under: CA, CS, CMA |

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