17.10.2016 Guidance Note on Audit of Consolidated Financial Statements (Revised 2016) issued by the Auditing and Assurance Standards Board – (17-10-2016) 1. The Council of the Institute of Chartered Accountants of India had issued Accounting Standard (AS) 21 ‘Consolidated Financial Statements’ which was subsequently notified as a part of the Companies (Accounting Standards) Rules, 2006 […]
During last 5 decades law relating to works contract is driven more by judicial pronouncements & GST is opportunity for legislature to end uncertainty.
Ashok Kumar Chopra The 101 Constitutional Amendment Bill 2016 which is very popularly known as 122nd Constitutional Amendment Bill as passed by Rajya Sabha on 3rd August 2016 after waiting for more then a year when it was sent to it for passage. Certainly this day has become a red letter day in the history […]
Article explains Excel SUMIFS function in 5 different scenario from basic to advance. SUMIFS formula extends abilities of SUMIF function
Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations, in terms of Regulation 37C(8) and Regulation 38C(6), respectively, of the Chartered Accountants Regulations 1988. The rules in this regard are provided in the Guidance Notes made available to the candidates along with the examination forms and hosted on http://icaiexam.icai.org. The related FAQs are also hosted on www.icai.org.
Senior BJP leader Subramanian Swamy declared on Twitter that if government not removes private companies from Goods Services Tax Network (GSTN) than he would go ahead with a Public Interest Litigation (PIL) against the Central Government. Swamy tweeted on his twitter Handle @Swamy39 that, he will wait till October 31 for the government to act, failing which he will go ahead with a PIL to challenge the government in allowing ownership of private companies in the Goods Services Tax Network (GSTN).
Step-by Step Guide to file online reply / Response to Notice from Income Tax Department in respect of Bank/Financial Account(s) with substantial Cash Transactions
Government directs the CBEC officials association demanding full control of Central Government over all assessees under GST to refrain from the protest as proposed F.No.C-30013/6/2012-AdIVA-Vol.II Government of India Ministry of Finance Department of Revenue Central Board of Excise and Customs New Delhi dated the 10th October, 2016 Memorandum The All India Association of Central Excise […]
The existing members as on the 1st day of September, 2014, who at the option of the employer and employee, had been contributing on salary exceeding six thousand and five hundred rupees per month, may on a fresh option to be exercised jointly by the employer and employee continue to contribute on salary exceeding fifteen thousand rupees per month
Mr. Subodh, a businessman dealing in manufacturing of plastic bottles, was sitting in his chamber, his head bowed low over a booklet called ‘FAQ on Goods and Service Tax’ and looking thoroughly disappointed and twirling his moustache impatiently. The more he read, the more confused he seemed to get. Unable to take it anymore, he […]
