It has been observed that there have been a number of cases in banks and financial institutions wherein due to the erroneous/ambiguous advice tendered by the respective Chartered Accountants, borrowal accounts have had to face quick mortality resulting in loss for the bank. Many a time this has also resulted in vigilance cases being initiated […]
In response to the ministry of corporate affairs letter to the Institute of Company Secretaries of India (ICSI) to investigate issues related to corporate governance aspect in the Satyam accounting fraud, the ICSI council has constituted a core group to look into the matter.
CBI arrests Assistant Commissioner Raj Kumar Bhatia, who allegedly asked builder to pay his subordinate Rs 2 lakh. Suresh Khaitan, the Income Tax official arrested on a bribery charge on Wednesday, had been contacting I-T assessees and threatening to initiate tax inquiries against them allegedly on behalf of his boss Assistant Commissioner Raj Kumar Bhatia, […]
The Curriculum of the Chartered Accountancy Course has been designed, developed and maintained so that the members of the Profession can become the valued Trustees of the World Class Financial Competence, Good Governance and Competitiveness. For details regarding the curriculum, please refer to Annexure 1. Since December 1949, the Chartered Accountancy Examination is held twice in a year. The Final exam was held in November, 2008 in 190 Examination Centers spread over 106 cities all over India and 3 cities abroad.
Queries are being received from various quarters as to whether the next Chartered Accountants Examinations will be held in the month of May or in the month of June, 2009. In this regard it is clarified that the date schedule of the next Chartered Accountants PE-II, PCE, Final (Old and New), MAC (Part-I),CMC(Part I), TMC […]
The results of the Chartered Accountants Professional Education – II and Professional Competence Examinations held in November, 2008 are likely to be declared on Thursday, the 29th January, 2009 around 2 P.M. and the same as well as the merit list (candidates securing a minimum of 55% and above marks and upto the maximum of […]
PR No.58/2009 SEBI Board Meeting SEBI makes it mandatory to disclose details of shares pledged by the promoters To enhance the disclosure requirements, SEBI Board, in its meeting held today, decided to make it mandatory on the part of promoters (including promoter group) to disclose the details of pledge of shares held by them in […]
THE CBI has registered a case against a Commissioner of Income Tax, New Delhi, for accumulating huge assets worth crores of rupees in his name as well as in the name of his family members, which are disproportionate to his known sources of income.
The investigative wing of the Income-Tax department raided the factory premises of 40 textile and paint manufacturers in Surat Tuesday, an official said. The raids were conducted by a team of 150 sleuths, with senior officials from the Rajkot Income Tax Commissionerate joining in the raids.
The Mumbai income tax department has surveyed 50-60 companies, including multinational firms, in the past two weeks as part of its drive to identify and bring to book tax deducted at source (TDS) defaulters. The department is mainly focusing on companies that have collected TDS, but not deposited the same with the department.
