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CMA President's Communique for May 2014

May 7, 2014 929 Views 0 comment Print

When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us.- Helen Keller My Dear Professional Colleagues, I am happy to inform that the Annual Day function will take place at Hotel Ashok, New Delhi […]

ICAI President's Message May 2014

May 4, 2014 2790 Views 0 comment Print

Dear Professionals, If your actions inspire others to dream more, learn more, do more and become more, you are a leader. I not only subscribe to these words of wisdom by former American President John Quincy Adams personally but also endorse the same for all of you collectively. It is with this frame of mind […]

Correction Window-CPT (Examination) June 2014

May 1, 2014 735 Views 0 comment Print

Announcement Dated- 1st May 2014 Correction Window-CPT (Examination) June 2014 It is seen that candidates while filling the exam application forms ( either online or physical) do not exercise reasonable care and commit errors. This creates lots of difficulties for them as well as the office at Admit Card stage and thereafter.

Mapping of e-form under Companies Act, 2013 with e-Form under Companies Act, 1956

April 30, 2014 22805 Views 0 comment Print

Mapping of e-forms prescribed under the Companies Act, 2013 with e-forms prescribed under Companies Act, 1956 S. No. e-Form (Companies Act, 2013) Corresponding e-Form (Companies Act, 1956) Purpose of Form as per Companies Act, 2013 1 INC-1 1A Application for reservation of name 2 INC-2 New form Form for Incorporation and nomination (One Person Company) […]

Disclosure Initiative: Proposed amendments to IAS 1

April 27, 2014 1469 Views 0 comment Print

Disclosure Initiative: Proposed amendments to IAS 1 (Last date for sending comments: June 15, 2014).  IAS 1 Presentation of Financial Statements prescribes the basis for presentation of general purpose financial statements to ensure comparability both with the entity’s financial statements of previous periods and with the financial statements of other entities. It sets out overall […]

e-TDS/TCS RPU (Version 3.9) & e Validation Utility (FVU) version 2.138 applicable from 26.04.2014

April 27, 2014 11137 Views 0 comment Print

e Validation Utility (FVU) version 2.138 (for statements pertaining to FY 2007-08 to FY 2009-10) and FVU version 4.2 (for statements pertaining to FY 2010-11 onwards) are available for download from TIN website and the same is mandatory with effect from April 26, 2014.     e-TDS/TCS RPU (Version 3.9) for Statements from FY 2007-08 is available […]

CBI Arrests Superintendent (Service Tax) Of Central Excise & Customs in Bribery Case

April 27, 2014 2736 Views 0 comment Print

The Central Bureau of Investigation has arrested a Superintendent of Service Tax, Central Excise, Customs & Service Tax, Nadiad (Gujarat) for demanding and accepting a bribe of Rs. 2000/- from the Complainant. A case was registered on a complaint from partner of a firm who had applied for obtaining of Service Tax Registration Number in […]

Exposure Draft of Accounting Standard for Local Bodies (ASLB) 3 on 'Accounting Policies, Changes in Accounting Estimates and Errors' for public comments.

April 26, 2014 1780 Views 0 comment Print

Exposure Draft of the Accounting Standard for Local Bodies (ASLB) 3 on ‘Accounting Policies, Changes in Accounting Estimates and Errors’ for public comments. As you would kindly be aware that the Institute of Chartered Accountants of India (ICAI), in the year 2005, constituted the Committee on Accounting Standards for Local Bodies (CASLB) with the primary […]

ICSI issues draft guideline on use of Individual Logo by Company Secretaries in Practice

April 25, 2014 4860 Views 0 comment Print

The Practising Company Secretaries Committee of the Council of the Institute in its 64th meeting held on April 23, 2014 held at ICSI headquarters, New Delhi has decided that the views and suggestions on the draft Guidelines for Use of Individual Logo by Company Secretaries in Practice, be obtained from all ICSI members.

Companies Act, 2013 – Date of Notification of various Rules

April 22, 2014 3267 Views 0 comment Print

Companies Act, 2013 – Statement of Notification of Rules Particulars of Rules Effective date 1 Companies (Specification of definitions details) Rules, 2014  01/04/2014 2 Companies (Accounts) Rules, 2014 01/04/2014 3 Companies (Meetings of Board and its Powers) Rules, 2014 01/04/2014 4 Companies (Declaration and Payment of Dividend) Rules, 2014 01/04/2014 5 Companies (Audit and Auditors) […]

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