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Income-tax notice to television channels and production houses for allegedly not deducting TDS

November 25, 2010 3730 Views 0 comment Print

The income-tax (I-T) department has issued show-cause notices to a few television channels and production houses for allegedly not deducting tax at source (TDS) on payments made towards professional and technical services for three-and-a-half years

Delhi HC RejectsPrice Waterhouse partners Appeal to halt disciplinary proceedings initiated against them by ICAI

November 25, 2010 982 Views 0 comment Print

The Delhi High Court has refused to halt disciplinary proceedings against two Price Waterhouse partners by the apex body of chartered accountants for wrongly auditing and inflating the financial statements of Satyam Computer, now known as Mahindra Sa

Mobile Number Portability – Change Mobile service provider without getting your number changed

November 25, 2010 444 Views 0 comment Print

Mobile Number Portability (which allows subscribers to retain their existing mobile telephone numbers when they switch from one operator to another) will debut today starting from Rohtak in Haryana. Consumers who are not happy with their existing ope

Latest in Satyam Matter from ICAI

November 25, 2010 450 Views 0 comment Print

Two of the members, namely. S.Gopatakrishnan and Srinivas Talluri who were associated with the audit of Satyam Computer Services Limited had filed Writ Petitions separately before the Honorable High Court of Delhi and accordingly interim stay order w

Reopening/revision of annual accounts after their adoption in AGM

November 25, 2010 351 Views 0 comment Print

The CBI on Wednesday addressed a press conference regarding arrests of eight officials of public sector banks and financial companies. Speaking to the press, CBI’s EOW chief P Kandaswamy said the agency has busted a housing loan scandal racket and ar

ICAI Awards 2010 Corporate CA Achievers Acclaim

November 25, 2010 489 Views 0 comment Print

Committee for members in Industry of ICAI is organizing Annual Corporate forum in January 2011. As you all are aware that, Corporate Forum is a Mega Event wherein multifold activities are conducted concurrently with an overall objective of updating,

Former Telecom Minister A Raja's share investments shot up by 170 percent

November 24, 2010 648 Views 0 comment Print

Former Telecom Minister A Raja’s investment in shares and fixed deposits have increased by nearly 170 per cent from Rs 8.52 lakh to a little over Rs 23 lakh during one year, annual property returns of the Ministers provided by Prime Minister’s Office

Parliamentary Committee recommends One Rank One Pension

November 24, 2010 697 Views 0 comment Print

The Parliamentary Standing committee on Defence has urged the government to reconsider the demand of

Age-Limit for Senior Citizens Facilities

November 24, 2010 825 Views 0 comment Print

The Maintenance and Welfare of Parents and Senior Citizens Act, 2007 defines ‘Senior Citizen’ as a person who has attained the age of 60 years or above. The Act provides for claim for maintenance allowance; geriatric and health care; shelter and prot

CAG Empanelment of Chartered Accountant firms for the year 2011-2012 for Audit of PSU

November 24, 2010 2110 Views 0 comment Print

Applications are invited online from the firms of Chartered Accountants who intend to be empanelled with this office for the year 2011-2012 for appointment as auditors of Government Companies/Corporations. The format of application will be available

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