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List of CA Firms Empaneled for Co-Operative Audit in Maharashtra for FY 2012-13

March 31, 2013 7025 Views 0 comment Print

Auditors List Updated on 30th March 2013 Orders of Hon’ble Commissioner Regarding Empanelment of Auditors Auditor Panel List Amravati Aurangabad Kolhapur Konkan Latur

ICAI Presidents Message on Bank Audit, Finance Bill 2013, Companies Bill, 2012

March 31, 2013 1832 Views 0 comment Print

Not resorting to any populist measures, the Government has not touched the direct and indirect tax structures in principle in the Union Budget 2013- 14; neither has it touched the middle class. Some of the experts have felt that they were expecting something more miraculous in the Budget that could tackle the existing economic issues at hand.

Press Note on Appointment of Indirect Tax Ombudsman

March 31, 2013 1237 Views 0 comment Print

The President of India has appointed Shri Hrishikesh Sharan, Chief Commissioner, Central Excise (Retd.) as Indirect Tax Ombudsman at Mumbai to hear grievances on Central Excise, Customs and Service Tax issues from the general public. Download Press Note on appointment of Indirect Tax Ombudsman

Presentation of Foreign Currency Monetary Item Translation Difference Account

March 31, 2013 29611 Views 0 comment Print

1. In the year 2009, the Ministry of Corporate Affairs amended Accounting Standard (AS) 11, The Effects of Changes in Foreign Exchange Rates by inserting Paragraph 46. As per Paragraph 46, in respect of accounting periods commencing on or after 7th December, 2006 and ending on or before 31st March, 2011, at the option of […]

Delhi Vat Notifications Dated 30-Mar-13

March 30, 2013 1363 Views 0 comment Print

1 No.F.3(18)/Fin.(Rev-1)/2012-13/dsVI/265 30-Mar-13 Notification from Finance (Revenue-1) department. 1 No.F.3(15)/Fin.(Rev-1)/2012-13/dsVI/264 30-Mar-13 Notification from Finance (Revenue-1) department. 3 No.F.3(17)/Fin.(Rev-1)/2012-13/dsVI/263 30-Mar-13 Notification from Finance (Revenue-1) department.

CA Firms approved for appointment as Statutory Central Auditors in Public Sector Banks for FY 2012-13

March 29, 2013 9234 Views 0 comment Print

Names of Audit Firms approved for appointment as Statutory Central Auditors in 25 Public Sector Banks for the year 2012-13 Allahabad Bank, Kolkata 1       M/s N K Bhargava & Co, New Delhi 2       M/s M C Jain & Co, Kolkata 3       M/s Raghu Nath Rai & Company, New Delhi 4       M/s Khandelwal Kakani & Co, […]

India & Liechtenstein Sign Tax Information Exchange Agreement (TIEA)

March 29, 2013 1420 Views 0 comment Print

India and Liechtenstein have signed a Tax Information Exchange Agreement (TIEA) today at Bern, Switzerland. The Agreement was signed by Ms Chitra Narayanan, Indian Ambassador in Switzerland from Indian side and Madame Doris Frick, Ambassador of Liechtenstein in Switzerland on behalf of Liechtenstein.

TP – Circular on Identification of Contract R&D Service Provider With Insignificant Risk & Application of Profit Split Method

March 29, 2013 1605 Views 0 comment Print

Government Approves Issue of Circulars on Identification of Contract R&D Service Provider With Insignificant Risk and on Application of Profit Split Method Based on Recommendation of the Rangachary Committee; These Circulars Will Help in Providing Certainty to the Taxpayer on Issues Relating to Transfer Pricing of Development Centre

Excise & Customs Offices to Remain open on 29th, 30th & 31st March, 2013

March 29, 2013 939 Views 0 comment Print

Proposed Nationwide Strike by the Associations of Superintendents and Inspectors of Central Excise for 29th, 30th & 31st March, 2013 Stands Withdrawn. All Offices under the Central Board of Excise and Customs (CBEC) shall be open on 29th, 30th & 31st March, 2013 observing their normal office hours, as a part of trade facilitation measure.

DOPT Releases FAQ on Leave & Allowance for Central Government Employees

March 27, 2013 1312 Views 0 comment Print

Department of Personnel & Training (DOPT) has released an FAQ each on Leave and Children Education Allowance Scheme (CEA), which are very useful to the Central Government Employees

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