1. The cases listed below are selected for Assessment, Issue Base Audit for financial year 2009-10 and 2010-11. 2. Type of audit, location and division are mentioned along with TIN and Name of Dealer. 3. Officer’s desk are mentioned wherever available. Where Officer’s desk is not mentioned dealers are requested to contact Sales Tax Office […]
Dr. Manmohan Singh, the Hon’ble Prime Minister, released the fourth volume of the Reserve Bank of India’s history at a function held today in New Delhi. Jointly published by the Reserve Bank and the Academic Foundation, the volume covers the momentous 16-year period from 1981 to 1997. With this volume, the Reserve Bank of India […]
CMA Suresh Chandra Mohanty, President, Institute of Cost Accountants of India, congratulated the Hon’ble Union Minister of Corporate Affairs, Shri Sachin Pilot ji and his team for their unstinted efforts in reforming the corporate legislation in tune with global reality and the Indian economy. The new legislation will ensure impetus for the growth momentum as […]
The Intermediate and Final Results for June 2013 Term Examination results are likely to be declared on August 23, 2013 Afternoon. For convenience of the students the online results would be available on the following servers: 1. http://examicai.in (Intermediate and Final Results ) 2. http://examicmai.in (Final Results only) 3. http://examicmai.org (Intermediate Results Only) Source- http://icmai.in/
In order to reduce the increasing number of transfer pricing audits and prolonged disputes, the Finance (No.2) Act, 2009 w.r.e.f 1.4.2009 inserted a new section 92CB to provide that determination of arm’s length price under section 92C or Section 92CA shall be subject to safe harbour rules. Vide this amendment, the Government of India had empowered the CBDT to make Safe Harbour rules. Safe harbour was defined to mean circumstances in which the income-tax authorities shall accept the transfer price declared by the assessee.
The department has started following website to update the information of auditors of Co-Operative societies and Banks The link for uploading the information is as follows https://mahasahakar.maharashtra.gov.in “The Date of Uploading the Information by the Auditors about the Data required by the Maharashtra Co-operative Department has been extended to 20th August, 2013.
Five reports of the Rangachary Committee recommending safe harbours in different sectors like, IT/ITES, Financial Transactions, Contract R&D in IT and Pharma sector and Automotive sector. First report of the Rangachary Committee on Development Centres was already posted on 30.06.2013. Download Second to Sixth Report of the Rangachary Committee Source- CBDT
SIGNIFICANT CHANGES MADE IN THE REVISED SYLLABI OF SELECT PAPERS OF INTERMEDIATE (IPC) COURSE The syllabi of Part II: Service Tax and VAT of Paper 4: Taxation and Paper 7A: Information Technology of Intermediate (IPC) Course have been revised in terms of the decision of the Council taken at its 324 th meeting held in […]
14th August, 2013 Important Announcement Attention: Intermediate (IPC) and Final Course students Non-applicability of Companies Bill, 2012 (to be enacted as the Companies Act, 2013) for May 2014, Examinations This is to bring to the notice of students that the Companies Bill, 2012 (to be enacted as the Companies Act, 2013) which was passed by […]
SIGNIFICANT CHANGES MADE IN THE REVISED SYLLABI OF SELECT PAPERS OF FINAL COURSE The syllabi of Paper 6: Information Systems Control and Audit and Paper 8: Indirect Tax Laws of Final Course have been revised in terms of the decision of the Council taken at its 324th meeting held in March, 2013. The detailed announcement […]
