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Exposure Draft of Annual Improvements to Ind AS (2021)

February 19, 2021 2517 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Annual Improvements to Ind AS (2021) issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India for comments.

Exposure Draft – Reference to Conceptual Framework -Amendments to Ind AS 103

February 19, 2021 942 Views 0 comment Print

Following is the Exposure Draft of the Amendments to Ind AS 103, Business Combinations, issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India for comments.

Exposure Draft of Property, Plant and Equipment: Proceeds before Intended Use

February 19, 2021 1323 Views 0 comment Print

Following is the Exposure Draft of proposed Amendments to Ind AS 16, Property, Plant and Equipments, issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India for comments.

Exposure Draft – Onerous Contracts– Cost of Fulfilling a Contract

February 19, 2021 1344 Views 0 comment Print

Following is the Exposure Draft of the proposed Amendments to Ind AS 37, Provisions, Contingent Liabilities and Contingent Assets, issued by the Accounting Standards Board (the Board) of the Institute of Chartered Accountants of India for comments.

IFSCA issues consultation paper on proposed Aircraft Leasing Regulations

February 19, 2021 957 Views 0 comment Print

India is poised to become the 3rd largest aviation market in the world by 2022. In January 2019, India’s Ministry of Civil Aviation published a report, ‘Project Rupee Raftar’, that provided roadmap to developing an aircraft financing and leasing industry in India. The report identified International Financial Services Centre (GIFT city) for developing aircraft leasing and financing eco-system in the country.

Last date of registration for CA Intermediate Course Revised Scheme

February 19, 2021 930 Views 0 comment Print

Board of Studies The Institute of Chartered Accountants of India 18th February, 2021 ANNOUNCEMENT Sub: Last date of registration in Intermediate Course under the Revised Scheme of Education and Training for appearing in November, 2021 Intermediate (New) Examination Students who have passed Foundation Examinations held in November, 2020 or before may note that the last […]

8 section of Companies Act to be made applicable to LLP Soon

February 19, 2021 21846 Views 0 comment Print

Ministry of Corporate Affairs is Planning for extension of few of the provisions of the Companies Act, 2013 to the LLP Act, 2008 and has issued an announcement regarding planning of extension of few of the provisions of the Companies Act, 2013 with some modifications and adaptations, to the LLP Act, 2008 vide its power […]

Income Tax searches 9 major Trusts registered in Bengaluru & Mangaluru

February 18, 2021 960 Views 0 comment Print

The Income Tax Department conducted search and seizure operation on 17.02.2021 on 09 major Trusts registered in Bengaluru & Mangaluru, which are running educational institutes including medical colleges. Searches were conducted at 56 different locations across Karnataka and Kerala.

Income Tax Department conducts searches in Hyderabad

February 18, 2021 711 Views 0 comment Print

The Income Tax Department carried out search and seizure operation on a group based in Eluru on 28.01.2021 at 21 different locations across Andhra Pradesh and Telangana. The group entities are engaged in Film Financing, Aqua Culture, Real estate, Distribution of Films and Money Lending.

ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals

February 18, 2021 1413 Views 0 comment Print

ESIC beneficiaries to get medical care from nearby ESIC empanelled Hospitals in case of non-availability of ESIC hospital or dispensary within a radius of 10 km. of their residence.

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