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No video calls without government clearance

December 17, 2010 477 Views 0 comment Print

As private telecom operators gear up to launch full-fledged 3G services, the Department of Telecommunications has asked three telecom service providers — Airtel, Tata and Reliance Communications — that have already started offering third generation m

ICWAI 8th National Award for Excellence in Cost Management – 2010

December 17, 2010 387 Views 0 comment Print

Companies are free to participate in the Award Scheme either for the company as a whole or for each unit separately. The Award Categories are as follows : Public Sector – Manufacturing (Small, Medium and Large) Private Sector – Manufacturing (Small

In case of War widows, handicapped people and similar cases, the law should take a liberal view – SC

December 17, 2010 637 Views 0 comment Print

In this case, a war widow was given a gas distribution agency. She was managing it with her two daughters. When she became old, she made it into a partnership. She held 51 per cent and another held the rest. The corporation cancelled the licence on t

No exemption from custom duty for goods brought in without valid licence

December 17, 2010 411 Views 0 comment Print

Goods brought into the country without valid licence is not entitled to customs exemption, and it should be treated in the same way as smuggled goods, the SC stated in the case, Commissioner of Customs vs M/s M Ambalal & Co. In this case, a large qua

Delay not ground for dismissing petition- SC

December 17, 2010 582 Views 0 comment Print

The Supreme Court (SC) stated last week that courts should not dismiss petitions of revenue authorities only on the ground of delay, without going into the merits of the case. In this case, the Commissioner of Income Tax appealed to the SC against th

ICAI Changes CPT Examination Centre at Abu Dhabi

December 17, 2010 696 Views 0 comment Print

Candidates for CPT Examination to be held on 19th December, 2010 appearing at Abu Dhabi centre may kindly note that the examination centre has been shifted from Indian school to the Embassy of India, post box no. 4090, Abu Dhabi (UAE) .

ICSI announces National Award for Excellence in Corporate Governance- 2010

December 17, 2010 588 Views 0 comment Print

Finance Minister, Shri Pranab Mukherjee, presented the ICSI National Award for Excellence in Corporate Governance 2010 to two Best Governed Companies: Dr. Reddy’s Laboratories Limited and Larsen & Toubro Limited at a ceremony held here today evening.

Broad Based Recovery with Contribution from all Sectors Reassures Economic Momentum Has Strong Foundations – FM

December 17, 2010 456 Views 0 comment Print

India has successfully weathered one of the worst global economic crises and the GDP figures for the second quarter of 2010-11 reassure us that the green shoots are turning into welcome dense foliage. This was stated by the Union Finance Minister Shr

FM Emphasizes need for Greater Integrity in Development, Construction and Marketing of Real Estate Business

December 17, 2010 414 Views 0 comment Print

Finance Minister Shri Mukherjee said that the realty sector has to be sensitive to the larger social dimension of housing by pricing their products appropriately, responding to the cross section of housing demand- covering the rich and the poor alike

Empanelment of C.A. firms for Internal Financial Audit of DASP for the year 2007-08, 2008-09 and 2009-10

December 17, 2010 1353 Views 0 comment Print

The Project Auditor would have responsibility to express an opinion on the financial statements of the project in accordance with International standards of auditing. Those standards require that the auditor should plan and perform the audit to obtai

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