The implementation of Indian Accounting Standards (Ind AS) converged with International Financial Reporting Standards (IFRS) by Indian Companies is a monumental step in the accounting history of India. ICAI is committed to play an important role to ensure effective and smooth implementation of IFRS converged Ind AS in India. For this purpose, the Ind AS […]
Full time Practicing CAs can register themselves by visiting at https://udin.icai.org/ and generate UDIN by registering the certificates attested/certified by them.
Have You Done High Value Transactions in F.Y. 2017-18 but haven’t filed ITR Yet? HERE’S A CHANCE TO SEE THE ISSUE & RESPOND ONLINE Many persons who have done high-value transactions in F. Y. 2017-18, but not yet filed Income Tax Return for the corresponding Asst. Year 2018-19, have been identified. For transparency and to reduce compliance […]
Bar Council of India has demanded from Government by representation Insurance cover upto Rs. 20,00,000/- for the Lawyers and their families (dependents), free medical treatment of every type of disease in best Hospitals of India & other countries, Stipend for needy new entrants at the Bar upto 5 years of their practice (Minimum Rs. 10,000/- […]
Pass percentage & Toppers of Chartered Accountants Final Examination (Old and New syllabus) held in November, 2018, Foundation Examination held in November, 2018 and Common Proficiency Test (CPT) held in December, 2018. ICAI Press Release Extract The Institute of Chartered Accountants of India (ICAI) today announced the following results: Chartered Accountants Final Examination (Old/New Syllabus) […]
Union Minister Shri Piyush Goyal, temporarily assigned charges of Minister of Finance and Minister of Corporate Affairs in addition to his existing portfolios. President’s Secretariat PRESS COMMUNIQUÉ Posted On: 23 JAN 2019 The President of India, as advised by the Prime Minister, hereby directed that during the period of indisposition of Shri Arun Jaitley, Minister; […]
Cabinet approves creation of the National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT) The Union Cabinet, chaired by the Prime Minister Shri Narendra Modi, has approved the creation of National Bench of the Goods and Services Tax Appellate Tribunal (GSTAT). The National Bench of the Appellate Tribunal shall be situated at New […]
The Announcement relating to pattern of assessment in select subjects from May, 2019 examination has been revised to include Final (Old) Paper 6: Information Systems Control and Audit in the list of subjects for which the assessment would be partially MCQ based from May, 2019 Examination onwards. The revised announcement, accordingly, reads as follows: Pattern […]
CBDT identifies non-filers through Non-filers Monitoring System (NMS) by using Data Analytics and request the Non-filers to assess their tax liability for AY 2018-19 and file the Income Tax Returns (ITR) or submit online response within 21 days The Non-filers Monitoring System (NMS) aims to identify and monitor persons who enter into high value transactions […]
GUIDANCE ON THE PROVISIONS OF SS-3 1. Ascertainment of amount available for payment/distribution as Dividend. 2. Declaration of Dividend 3. Entitlement to Dividend 4. Dividend in Abeyance 5. Payment of Dividend 6. Unpaid Dividend 7. Revocation of Dividend 8. Preservation of Dividend Cheques, Warrants and Dividend Registers 9. Disclosure
