Does an Indian actor’s endorsement or promotion of a product abroad amount to acting and should it get him or her exemption under the Income Tax (I-T) Act? Though the I-T department says no, actress Aishwarya Rai’s chartered accountants are claiming the opposite. In fact, they secured an adjournment at the tax appellate tribunal recently […]
Tainted Satyam auditor Price Waterhouse heads for a disgraceful exit as the new board of the IT Company is believed to have initiated steps to remove the auditor midway. Sources said the new board will approach the central government with this proposal and then take it up with the company’s shareholders.
The candidates who fulfil the following criteria are eligible to appear in the Campus Placement Programme to be held in March-April 2009: (i) who have qualified in CA final examination held in November 2008, subject to completion of their Articleship and GMCS Course latest by 31st March, 2009 and also undertaking to become member of […]
No.13-CA (EXAM)/CPT/JUNE/2009: – In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test will be held on Sunday, the 28th June, 2009 in two sessions as below, at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.
Pranab Mukherjee, the stand-in Prime Minister and Finance Minister of India, delivered the Interim Budget speech in the Lok Sabha on Monday 16.02.2009. Though, He did not announce any major sops for ailing industries or changes in tax structure and stuck to highlighting the achievements of the United Progressive Alliance (UPA) government.
Uttar Pradesh chief minister Mayawati’s income for the financial year 2001-02 will be reassessed by the income tax department as the Delhi HC has allowed it a relook, while hearing a plea that she had allegedly not declared full details. A bench of Justices Vikramajit Sen and Rajiv Shakdher dismissed the BSP chief ‘s plea […]
The suitors seeking to take over the scam-hit Satyam Computers will not be able to go through the restated financial statement or the third quarter results prior to the bidding, a senior company official said.
The cup of woes for B Ramalinga Raju seemed to be full as income tax officials drove down to the Chanchalguda jail on Thursday and served a notice on him for evading taxes. According to sources, the former Satyam chief refused to accept the summons without consulting his lawyer first. However, he relented after the […]
I am pleased to inform you that the last date to comply with the mandatory CPE hours requirements for the year 2008 has now been further extended from 31st January, 2009 to 31st March, 2009. Hope, the above extension would provide an additional opportunity to those members who could not complete the minimum number of […]
I am attaching herewith copy of Email from CA Anuj Goyal, Chairman, Professional Development Committee ob above subject. Email is as follows:- Dear Professional Colleagues, As you are all aware that Reserve Bank of India has recently formulated a new procedure for Appointment of Branch Statutory Auditors in Public Sector Banks for the Year 2008-09. […]
