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List Of Industries And The Products Covered Under Section 209(1)(d) Of The Companies Act, 1956

October 8, 2011 1643 Views 0 comment Print

LIST OF INDUSTRIES AND THE PRODUCTS COVERED UNDER SECTION 209(1)(D) OF THE COMPANIES ACT, 1956 No Industry Products GSR NO. and Date Effective from Remarks 1.       Cement Cement, Clinker 536 (E) dt. 11.9.1997* 11.9.1997* The Rules,1997 notified in suppression of GSR 1402 dt. 12.9.66 2.       Cycles  Cycles, component of cycles 311 dt. 2.3.1967 1.04.67   […]

CBDT Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroad and its recovery

October 7, 2011 684 Views 0 comment Print

The Central Board of Direct Taxes, Department of Revenue, it has been decided with the approval of competent authority that the Committee to examine ways to strengthen laws to curb generation of black-money in India, its illegal transfer and abroad and its recovery shall be co-chaired by Member (investigation), CBDT.

Two provident fund officials arrested for graft

October 7, 2011 2205 Views 0 comment Print

Two officials of the Provident Fund Commissioner’s office were arrested for taking bribes to settle a case, a Central Bureau of Investigation (CBI) official said Tuesday. ‘A complaint was registered based on a written complaint that Enforcement Officer A.L. Dighe demanded a bribe of Rs.20,000 on behalf of Assistant Provident Fund Commissioner N.S. Margaj for getting the closure report of the case of Om Sai Enterprises pending with Margaj,’ said an official of the CBI’s Anti-Corruption Branch said.

ICAI releases Case laws relevant for November, 2011 CA Examinations

October 6, 2011 3027 Views 0 comment Print

Direct Tax Case laws relevant for November, 2011 CA Examinations, Indirect Tax Case laws relevant for November, 2011 CA Examinations, Additional Case laws relevant for November, 2011 CA Examinations

Download Supplimentary study Material for May 2012 and November 2012 exams of CA IPCC, PCC, Final (New Course)

October 6, 2011 11155 Views 0 comment Print

Integrated Professional Competence Course [IPCC] and Professional Competence Course [PCC] Supplementary Study Paper – 2011 [Relevant for May 2012 and November 2012 examinations] Supplementary Study Paper – 2010 [Relevant for May 2011 and November 2011 examinations] CA Final Course [New] Supplementary Study Paper – 2011 [Relevant for May 2012 and November 2012 examinations]

India – Switzerland to start exchanging information on tax-related matters from next fiscal

October 6, 2011 1083 Views 0 comment Print

India and Switzerland will start exchanging information on tax-related matters from the next fiscal after the new tax information exchange treaty is ratified by the Swiss Parliament on Thursday, paving the way for obtaining data on black money stashed in Switzerland.

Comments invited on five draft Q&As for the IFRS for SMEs

October 6, 2011 918 Views 0 comment Print

The SME Implementation Group (SMEIG) has today published five draft Questions & Answers (Q&As) on the IFRS for SMEs. These draft Q&As are open for comment until 30 November 2011 and cover the following topics: Application of the IFRS for SMEs for financial periods ending before the IFRS for SMEs was issued

Demand of dues after settlement amounts to extortion of money from complainant by the bank

October 5, 2011 1483 Views 0 comment Print

Censuring Standard Chartered Bank for raising undue credit card bills against a customer and trying to ‘extort’ money from him, a Delhi district consumer forum has asked the bank to pay him Rs 1.1 lakh as damages.The District Consumer Disputes Redressal Forum said raising undue credit card bill of Rs 74,000 and putting the customer’s name in defaulters’ list due to which he could not avail the services of any other bank was illegal and asked Standard Chartered to desist from such activities in future.

Exposure Draft of Amendments to Ind AS 12 Income Taxes (Comments to be received by 5 November 2011)

October 5, 2011 834 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Indian Accounting Standard (Ind AS) 12, Income Taxes, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs to which they relate, contain a clear rationale and, where applicable, provide a suggestion for alternative wording.

Further Extension of last date for submission of financial documents for MEF 2011-12

October 4, 2011 1433 Views 0 comment Print

This is to inform that last date for submission of financial documents has been extended upto 10th October, 2011.

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