The five had approached the apex court challenging the 30 August order of Andhra Pradesh high court which had rejected their bail pleas. Four former employees of IT major Satyam Computers Services Ltd and a former auditor of PriceWaterhouseCoopers (PWC), arrested for their alleged roles in multi-crore accounting fraud involving the software firm, were on Wednesday granted bail by the Supreme Court.
The suspended superintendent of the office of the Director General of Central Excise and Customs (Intelligence), Pune regional unit, Krishna Mahadik is in more trouble. The Central Bureau of Investigation (CBI), Pune unit, has registered a new complaint of disproportionate assets against Mahadik and his son Vinay, for possessing moveable and immovable assets to the tune about Rs. 1 crore.
The ICAI has issued Guidance Note on Certification of XBRL Financial Statements *, providing guidance to the practitioners in certification of XBRL formatted statements. Various MCA circulars require financial statements prepared in XBRL mode for filing on MCA-21 portal to be certified by, inter alia, a Chartered Accountant.
The Ministry of Revenue has intimated that some posts of Members of the Settlement Commission are vacant and due to be filled shortly. As per the Settlement Commission (Income Tax/ Wealth Tax) (Recruitment and Conditions of Service of Chairman, Vice-Chairman and Members) Amendment Rules, 2007 applicable to the said post, only serving Chief Commissioners of Income-tax or officers of equivalent rank are eligible to apply for these posts.
Chief Justice of India, Shri Justice S.H. Kapadia, here today released a set of Restatement of Indian Law in the presence of legal luminaries. These Restatements of Indian Law relate to 3 subjects: Legislative Privilege, Contempt of Court and Public Interest Litigation. Chairman of the Supreme Court Project Committee on Restatement of Indian Law Shri Justice R.V. Raveendran, Shri G. E. Vahanvati, Attorney General for India and the Director Incharge, Indian Law Institute, Professor S. Sivakumar were also present on the occasion. Chief Justice of India is also the Patron of Supreme Court Project Committee on Restatement of Indian Law.
The Help Line Desk will be functional from 11th October to 11th NOVEMBER, 2011 for 24 hours on all days (inclusive of holidays and Sundays) to attend to any query relating to the ensuing Chartered Accountant Examinations to be held in 11th NOVEMBER, 2011.
The amended Indo-Swiss taxation treaty has came into effect, a development that will allow India to seek specific information on black money and tax evasion cases dating back to January 1, 2011. The revised taxation pact between the two countries came into force yesterday, at a time when the black money issue has triggered an intense political debate in India.
The next Eligibility Test for ISA PQC is scheduled to be held on Saturday the 12th November, 2011 from 08.00 a.m. to 12.00 p.m. A detailed notification giving list of centers would be hosted on Committee Portal at http://cit.icai.org by 15th October, 2011.
Form 23AC-XBRL – Form for filing XBRL document in respect of balance sheet and other documents with the Registrar. Form 23ACA-XBRL – Form for filing XBRL document in respect of Profit and Loss account and other documents with the Registrar
Every application shall be made in the prescribed forms and shall contain the following : A statement as to how the geographical indication serves to designate the goods as originating form the concerned territory in respect of specific quality, reputation or other characteristics. The three certified copies of class of goods to which the geographical indication relates. The geographical map of the territory. The particulars of the appearance of the geographical indication words or figurative elements or both; A statement containing such particulars of the producers of the concerned goods proposed to be initially resisted. Including a collective reference to all the producers of the goods in respect of which the application is made.
