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CESTAT cannot dismiss an appeal when a writ application thereto is pending before a high court

August 12, 2009 435 Views 0 comment Print

A Calcutta High Court judgment today held that Customs, Excise, Service Tax Appellate Tribunal (CESTAT) cannot dismiss an appeal when a writ application thereto is pending before a high court. The order gave much awaited relief to many appellants whose applications and pleas were pending before the CESTAT

Download your ICAI firm Constitution Certificate Online

August 11, 2009 146523 Views 10 comments Print

ICAI has provided the facility to members to download there firm constitution certificate online so that member need not to visit ICAI office for getting a copy of the same. To view and print the same member will require to follow following steps:- 1. Have to go the following website:-

Examination form for PCC, PCE and Final Examinations would be available from 17th August, 2009

August 11, 2009 327 Views 0 comment Print

The next Chartered Accountants Examinations of the Institute will be held from 5st to 19th November, 2009. The sale of Examination Application forms for IPCE, PCE and Final Examinations would commence from 17th August, 2009. The last date for sale and receipt of filled in application is 7th September, 2009 (without late fee) and 14th […]

Taxability of commission paid by Indian Company to foreign company to promote its business in that country

August 6, 2009 3114 Views 0 comment Print

The Authority for Advanced Ruling has ruled that if an Indian company pays a commission to an overseas company to promote its business in that country, such payment will not be taxable in India. The AAR, a quasi judicial body on matters of taxation

Results of C.A. Final and CA Final (New Course) Examinations, held in June, 2009 likely to be declared on 13th August, 2009

August 5, 2009 2061 Views 0 comment Print

The results of the Chartered Accountants Final and Final (New Course) Examinations, held in June, 2009 are likely to be declared on Thursday, the 13th August, 2009 around 2:00 PM and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of 50th Rank […]

No Income Tax on Transfer Fee collected from a transferor or a transferee: Mumbai High Court

August 5, 2009 2441 Views 0 comment Print

Many co-operative housing societies collecting transfer premium from the transferee would heave a sigh of relief by the Mumbai High Court decision dated 17th July, 2009. So far the income tax authorities in the State of Maharashtra and the Mumbai Tribunal were following the Mumbai Special Bench Decision in the case of Walkeshwar Triveni CHS

Result of ISA Assessment Test held on 20th June, 2009 likely on 13th August, 2009

August 5, 2009 360 Views 0 comment Print

The result of the Information Systems Audit [ISA] Assessment Test held on 20th June, 2009 is likely to be declared on 13th August, 2009 around 2.00 PM at the Institutes office at New Delhi. The result of the above Assessment Test will be available on the Institutes website www.icai.org (G. SOMASEKHAR) ADDITIONAL SECRETARY (EXAMS)

Reporting of Inter-Scheme Transfers of Corporate Bonds by Mutual Funds

August 2, 2009 867 Views 0 comment Print

Reporting of Inter-Scheme Transfers of Corporate Bonds by Mutual Funds on SEBI Authorized Trade Reporting Platforms at NSE/ BSE/ FIMMDA SEBI/IMD/DOF-1/BOND/Cir-3/2009, Dated: July 31, 2009 Sub: Reporting of Inter-Scheme Transfers of Corporate Bonds by Mutual Funds on SEBI Authorized Trade Reporting Platforms at NSE/ BSE/ FIMMDA 1. SEBI vide circulars No. SEBI/ CFD/DIL/BOND/1/2006/12/12 dated December 12, […]

ICAI Presidents Communication on budget, LLP, ICAI Election, Articleship Training and other matters

August 1, 2009 456 Views 0 comment Print

    Dear CA Pariwar, The Union Budget for 2009-10 presented by honble Finance Minister Shri Pranab Mukherjee has now been analysed, debated and discussed. Contrary to market expectations, it has turned out to be more a budget for the common man. The main focus of the Budget has been on continuing the efforts to […]

94 Cases of Fake Chartered accountant Registered in lat three years, Government taken steps to deal with fake CAs

August 1, 2009 3330 Views 0 comment Print

The Government has said that it is aware that several unqualified persons are using false registration numbers and issuing fake certificates by pretending to be Chartered Accountants. Ninety four cases of fake certificates since April, 2006 have come to the notice of the Institute of Chartered Accountants of India. These include issue of false certificates […]

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