It is requested to kindly consider amendment in the explanation to Section 288(2) of the Income ‘lax Act. 1961 ‘so as to include the profession of Company Secretary within the meaning of the Company Secretaries Act, 1980 in the definition of Accountant
That, out of total active companies, i.e. approximately, 11 lakh companies, only 39,805 companics are required to appoint a whole-time Company Secretary. We wish to submit that as on 1st July 2019, ICSI has 58,690 Company Secretaries on its register out of which only 10,644 are in practice. Accordingly, sufficient numbers of Company Secretaries are available to serve the Corporate India. Further, ICSI through its dedicated placement cell provides placement services to corporate to meet the demand and supply of the Company Secretaries across the country.
Competition Commission of India (‘Commission’) after detailed inquiry has found SAAR IT Resources Private Limited, CADD Systems and Services Private Limited and Pentacle Consultants (I) Private Limited to be in contravention of the provisions of Section 3(3)(d) read with Section 3(1) of the Competition Act, 2002 (‘Act’), for entering into an arrangement to rig the bids of a tender floated by Pune Municipal Corporation in the year 2015 for ‘Selection of agency for carrying out geo-enabled tree census using GIS & GPS Technology’.
Ministry of Corporate Affairs (MCA) invites applications from Young Chartered Accountants having 2 to 5 years of post qualification experience at various locations (list mentioned below). The selected candidates will be engaged as Consultant in various offices of MCA located all across India in Compliance, Investigation and Inquiries and important drives undertaken for effective implementation […]
A. FORM GST ITC-04 To furnish details of the goods/ capital goods sent to job worker and received back or supplied from the premises of the job worker. The format of the GST ITC-04, as amended vide Notification No. 39/2018–Central Tax, dated 04-09-2018, has been made available on the GST Portal. B. UPDATE FOR GST PRACTITIONERS […]
We are happy to inform that Devalya Advisory LLP is organising various Residential Management Development Programs at locations across India. The Training wing of the organisation is led by CMA Sanjeev Goel, Former Joint Director of ICWAI. The objective of the programmes is to enrich the participants with the various topics relating to Finance, Accounting, […]
Rajya Sabha passed the Unlawful Activities (Prevention) Amendment Bill, 2019 today. Union Minister for Home Affairs, Shri Amit Shah, replying to the debate on the Bill, appealed to the House to pass the bill unanimously to send a strong message to the world that terrorists are the enemies of humanity and India is committed to finish terror from its soil.
Stricter provisions for helmets have been introduced along with provisions for electronic detection of violations. Penalty regarding motor vehicles is to be increased by 10 % every year
The Income Tax Department conducted Search and Seizure operation on 29.07.2019 on a prominent group involved in Real Estate Development, covering more than 40 premises across Mumbai and Pune. During the course of search operations, the Department unearthed evidences related to receipt of ‘On Money’ on sale of commercial and residential blocks, bogus unsecured loans taken, bogus Long Term Capital Gains and various other sham transactions to evade income aggregating to about Rs.700 crore.
The objective of the consultation paper is to seek comments / views from the public on the proposal to amend the SEBI (Portfolio Managers) Regulations, 1993 (PMS Regulations).
