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IBBI Board Recognises 2 more Insolvency Professional Entities

March 7, 2017 1182 Views 0 comment Print

The Insolvency and Bankruptcy Code, 2016 (Code) is considered as the biggest economic reform next only to GST. It offers a market determined, time bound mechanism for orderly resolution of insolvency, wherever possible, and orderly exit, wherever required.

Empanelment for Statutory Audit of State/District Health Society, Bihar

March 7, 2017 1434 Views 0 comment Print

The State Health Society, Bihar invites Proposal for Audit from firms of Chartered Accountants empanelled with C& AG and eligible for major PSUs audit for the year 2016-17.

Empanelment of CA/CMAs for Internal Audit of Export Inspection Agency

March 7, 2017 2487 Views 0 comment Print

Notice Inviting Tender from Chartered Accountants / Cost Accountant Firms for Conducting Internal Audit of Export Inspection Agency-Delhi for Financial Year 2016-17:

Statutory auditor Appointment for State & District Health Society

March 7, 2017 2994 Views 0 comment Print

Request for Proposal (RFP) For Appointment of Statutory Auditor for State Health Society (SHS) and District Health Society (DHS) for Audit of all programmes under NHM including flexible pools of NRHM-RCH, NUHM, NDCP and NCD.

Empanelment for Internal Audit of Sardar Sarovar Narmada Nigam Ltd.

March 7, 2017 1476 Views 0 comment Print

Notice inviting proposal from the firms of Chartered Accountants/ Cost Accountant for the assignment of Internal audit of divisions/other offices of Sardar Sarovar Narmada Nigam Limited For F.Y. 2017-18.

Phishing Schemes Lead IRS “Dirty Dozen” List of Tax Scams for 2017

March 7, 2017 1461 Views 0 comment Print

The Internal Revenue Service today warned taxpayers to watch out for fake emails or websites looking to steal personal information. These “phishing” schemes continue to be on the annual IRS list of Dirty Dozen tax scams for the 2017 filing season.

Raise Grievance regarding communication received from CPC Bengaluru

March 6, 2017 1353 Views 0 comment Print

Recently, members are raising concerns regarding the problem faced by them in resolving the grievances in respect of Communication/ Order/ Notices received by the assessees from Centralised Processing Centre (CPC) Bengaluru.

Applicability of GST in Nov., 2017 CA Intermediate (IPC) Examinations

March 6, 2017 1623 Views 0 comment Print

Students appearing in November, 2017 Intermediate (IPC) Examination may note that Goods and Services Tax (GST) will not be examined in Part II: Indirect Taxes of Paper 4: Taxation. Therefore, students are advised to start studying the existing indirect tax laws as covered in the syllabus of Part II of this paper and not postpone their studies.

Section 269ST- Restriction on cash transactions -Certain concerns to be addressed

March 6, 2017 39711 Views 4 comments Print

In order to achieve the mission of the Government to move towards a less cash economy to reduce generation and circulation of black money, the Finance Bill 2017 proposes to insert section 269ST in the Act to provide that no person shall receive an amount of three lakh rupees or more

Section 94B- Limitation of interest benefit provisions – certain concerns

March 5, 2017 10419 Views 0 comment Print

It is suggested that the restrictions proposed to be imposed on the interest benefits on overseas borrowings may be done away with entirely or at least deferred for 5-10 years to give India a chance to achieve high growth and achieve significant infrastructural development and maturity.

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