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Empanelment of CA Firms with SBBJ for Concurrent Audit

April 12, 2015 10780 Views 0 comment Print

Applications are invited from Chartered Accountants firms/ LLP as per gradation by RBI for carrying out Concurrent Audit on full time, contractual basis (renewable every year, at Bank’s discretion) at its selected Branches / Offices / Credit Processing Centers (CPCs). Last date for receipt of Applications: 30.04.2015

CBI Convicts then Satyam Chairman , Two CAs and 6 Others in Satyam Scam case

April 10, 2015 6113 Views 0 comment Print

SEVEN YEARS RIGOROUS IMPRISONMENT WITH FINE OF RS.5.24 CRORES (APPROX)EACH TO SRI B.RAMALINGA RAJU THEN CHAIRMAN, & THEN MD BOTH OF SATYAM COMPUTER SERVICES LTD AND SEVEN YEARS RI WITH FINE RANGING FROM RS.26 LAKHS TO RS.31 LAKHS(APPROX) EACH TO EIGHT OTHERS IN ONE OF THE BIGGEST CORPORATE FRAUDS

FVU for AIR with new validations released

April 10, 2015 1676 Views 0 comment Print

1.Once the return has been prepared as per the file format, it can be verified using the File Validation Utility (FVU) provided by NSDL. 2.The e-AIR FVU is a Java based utility. JRE (Java Run-time Environment) [versions: SUN JRE: 1.4.2_02 1.4.2_03 1.4.2_04 IBM JRE: 1.4.1.0 should be installed on the computer where the e-AIR FVU […]

CBI arrests 2 excise officers in bribery case

April 10, 2015 540 Views 0 comment Print

CBI ARRESTS AN ASSISTANT COMMISSIONER AND A SUPERINTENDENT, BOTH OF CENTRAL EXCISE IN A BRIBERY CASE The Central Bureau of Investigation has arrested a Superintendent and an Assistant Commissioner, both of Central Excise, posted at Chennai-I Division, Nandanam, Chennai for demanding & accepting a bribe of Rs.11,000/- from the complainant.

ICAI hosts Admit card of May 2015 CA Final and Intermediate (IPC) exams

April 9, 2015 1250 Views 0 comment Print

Admit cards in respect of all eligible candidates admitted to the Intermediate (IPC) and Final May 2015 examination, with their photographs and signatures on them, are hosted on www.icai.nic.in. Candidates may print their admit cards from the said website.

NSDL yet to release FUV for TDS statement of 4th Quarter of FY 2014-15

April 8, 2015 2837 Views 0 comment Print

NSDL is yet to release FVU for quarterly statement in form 24Q to be filed for the quarter ended on 31st MARCH 2015. Earlier version 4.5 of FVU does not support changes brought out in law through Finance Act 2014 (Part-II) for example; It does not allow higher deduction of 1.50 lac u/s 80CCE

CARO report not applicable for Financial year 2014-15

April 8, 2015 15356 Views 0 comment Print

ANNOUNCEMENT ON CARO, 2003 AND ADDITIONAL REPORTING UNDER THE COMPANIES ACT, 2013 We are receiving queries from the members regarding applicability of CARO, 2003 along with Auditors’ Report on financial statements of companies for the financial year 2014-15. The Ministry of Corporate Affairs (MCA) is working on it and has constituted a Committee for this […]

Summary of Amendment in Real Estate (Regulation and Development) Bill, 2013

April 7, 2015 4684 Views 0 comment Print

Amendments to The Real Estate (Regulation and Development) Bill, 2013  The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to amendments to the Real Estate (Regulation and Development) Bill, 2013 pending in the Rajya Sabha, and approved amendments proposed in the Bill. The recommendations of the Standing Committee of […]

6% additional Dearness Allowance to Central Government employees wef 01.01.2015

April 7, 2015 2030 Views 0 comment Print

Release of additional installment of Dearness Allowance to Central Government employees and Dearness Relief to Pensioners, due from 1.1.2015 The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, today gave its approval to release an additional installment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners with effect […]

Issues Pertaining to Offer for Sale of Shares (OFS) through Stock Exchange Mechanism

April 7, 2015 873 Views 0 comment Print

Prior to January 03, 2012 the mechanisms available for promoters to sell shares included sale of shares in the secondary market, offer for sale of shares to public through prospectus, sale through block deal window and spot delivery under Securities Contracts (Regulation) Act, 1956.

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