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ICAI launches portal to handle activities relating to Exam Observers

May 20, 2014 2172 Views 0 comment Print

Observers Portal-CA Examinations May/June 2014. – (20-05-2014) A web portal, http://observers.icaiexam.icai.org has been developed and put in place, for handling the activities relating to Observers, for the Intermediate (IPC), Final and Post qualification course (IRM) examinations to be held in May/June 2014.

2 Year Imprisonment to Then Superintendent of Central Excise in Bribery Case

May 19, 2014 1451 Views 0 comment Print

Special Judge for CBI Cases, Indore has convicted Shri Rajendra Kumar Arya, then Superintendent (Audit) Service Tax, working in the Office of Commissioner, Central Excise & Customs and Service Tax, Indore and Shri Manish Pal (Private person), in a bribery case. Shri Rajendra Kumar Arya, then Superintendent was sentenced to undergo two years Rigorous Imprisonment […]

Empanelment with Vijya Bank for Concurrent Audit for the year 2014-15

May 19, 2014 12533 Views 0 comment Print

Advertisement for web based applications from Chartered Accountant firms for empanelment for the year 2014-15 Applications are invited from Chartered Accountant firms for selection of Concurrent Auditors of the branches/offices for the period  01.07.2014 to 30.06.2015. The eligibility criteria for selection of Concurrent Auditors are as follows: 1)         The Chartered Accountant firms/Concurrent Auditors should be […]

Recommended Books for CA Course – Withdrawal of Permission

May 17, 2014 1505 Views 0 comment Print

Recommended Books for Chartered Accountancy Course – Withdrawal of Permission – (09-05-2014) The Board of Studies of ICAI has decided to discontinue the practice of recommending Books to its students written by any author and hence has withdrawn its approval regarding recommendation of Books.

Panel of writers for candidates with disability in CA exams

May 15, 2014 1658 Views 0 comment Print

No. 13 CA/Exam/DAC/W/EMP/MAY/2014 Dated- 14.05.2014 Panel of writers for candidates with disability, who are permitted assistance of writer in Chartered Accountants examinations. Concessions extended to persons with disability in CA examinations inter alia include extra/compensatory time, assistance of a writer, etc., For the purpose of providing writers to such candidates in CA examinations, ICAI initiated […]

CAG has Constitutional Mandate to Audit Private Firms

May 14, 2014 4262 Views 0 comment Print

Our Long Time Stand that CAG has Constitutional Mandate to Audit Private Firms has been Vindicated by the Hon’ble Supreme Court says Shashi Kant Sharma. CAG is duty bound to Report to Parliament Matters Involving Revenue Sharing : CAG   The recent ruling of the Honorable Supreme Court is a landmark one and has removed, once […]

Why Govt withdraws Conciliation Measures Initiated Earlier with Vodafone

May 14, 2014 1845 Views 0 comment Print

Correct Factual Position and the Circumstances that led to the Government’s Proposal to Withdraw from the Conciliation Measures Initiated Earlier with Vodafone International Holdings B.V.(Vodafone)

Shome comittee Identifies 29 Issues in Direct Taxes & 47 Issues in Indirect Taxes

May 14, 2014 1397 Views 0 comment Print

Forum Chaired by Dr. Parthasarathi Shome for Exchange of Views Between Industry Groups and Government on Tax Related Issues Identifies 29 Issues in Direct Taxes and 47 Issues in Indirect Taxes that Merited Removal of the Obstacles and Issue of Clarifications or Amendment of Procedures. The Finance Minister Shri P. Chidambaram, in his Press Statement […]

FM urges banks to take Tougher Action Against Wilful Defaulters

May 14, 2014 739 Views 0 comment Print

Finance Minister Reviews Annual Performance of Public Sector Banks and Financial Institutions for 2013-14; Calls for Tougher Action Against Wilful Defaulters; Highest Ever More than 10,000 New Branches Opened during 2013-14

Automatic Exchange of Information in Tax matters between 46 OECD countries

May 12, 2014 1448 Views 0 comment Print

46 Countries under the auspices of OECD adopts a Declaration regarding Automatic Exchange of Information in Tax matters Statement by the Union Finance Minister. May 12, 2014 On May 6, 2014, 46 countries, including India, besides the European Union, meeting under the auspices of the OECD, adopted a Declaration on Automatic Exchange of Information in […]

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