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ICAI President's Message - August 2016


My Dear Professional Colleagues The month of August holds a special significance for we people of India as we rejoice the event of our independence remember and commemorate the hard work and sacrifices of our forefathers who made the dream of a free nation possible asIndependence Dayon the 15th day

CBDT extends due date for filing return to 5th August 2016


F No 225 195 2016 ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block IT II DivisionNew Delhi the 29thof July 2016 Order under Section 119 of the Income tax Act 1961 On consideration of reports of Bank strike on 29thJuly 2016 Friday and the

Paperless PAN and TAN application process introduced


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Sub Ease of Doing Business Paperless PAN TAN application process For fast tracking the allotment of PAN and TAN to company applicants Digital Signature Certificate DSC based application procedure has been int

IPC results to be declared on 2nd August for May 2016


IMPORTANT ANNOUNCEMENT The result of the Chartered Accountants Intermediate Integrated Professional Competence Examination held in May 2016 is likely to be declared on Tuesday the 2nd August 2016 around 4 00 P M andthe sameaswell as the merit list candidates securing a minimum of 55 andabove marks a

New application process to fast track the allotment of PAN and TAN


For fast tracking the allotment of PAN and TAN to company applicants Digital Signature Certificate DSC based application procedure has been introduced on the portals of PAN service providers M s NSDL eGov and M s UTIITSL Under the new process PAN and TAN will be allotted within one day after complet

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ICAI App


Respected members will anybody please make me know whether ICAI has got developed any mobile app for easy and quick access to activities of Institue notifications amendments guidlines of institute etc thank you

Long term capital loss


Hello Suppose a person incurs long term capital loss in FY 12 13 so that same will be carried forward in the next 8 years But suppose the person files late return in FY 2013 14 then loss incurred in FY 13 14 will not be carried forward Does this mean that the loss of FY 12 13 will also stop to be ca

Clubbing of income in case of husband & wife


Hello I m stuck in a case Need ur help A House property purchased Payment made by husband but property is in name of his wife who is housewife They are having 2 house properties from which they r getting rent income including the above mentioned house and they live in another house property by payin

Ca final syllabus change


Hi everyone I want to know the changes in the CA Final group 2 subjects specially for ISCA I had given an attempt in May 2016 but couldnt clear I have DT Vinod Gupta Sir s modules of may 16 and IDT Bangar Sir also May 16 Please guide me whether I should get new books Thanks in advance

Gst applicability in ca examination


G S T is applicable as soon But in which attempt it will applicable in CA syllabus

Discussion

Long term capital loss

Hello Suppose a person incurs long term capital loss in FY 12 13 so that same will be carried forward in the next 8 years But suppose the person files late return in FY 2013 14 then loss incurred in FY 13 14 will not be carried forward Does this mean that the loss of FY 12 13 will also stop to be ca

Leave encashment refund

I got leave encashment after resigning from company but in form 16 it is included under head Income from salary How do I get refund while filing the ITR as I dont see any option there

Best reference book for ICSI executive CAAP

Please suggest me the best reference book for ICSI executive programme Company Accounts

ca final

frnds suggets me which faculty is best for ca final costing ca rakesh v agrawal or ca hariharan

Ca articleship vacancy

We have vacancies for 2 articleship in our CA Firm in Kandivali It is small sized firm mainly focus on Corporate Law and Direct Taxes Interested students can email at bhavesh cabks in or Abhishek cabks in

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Analysis of prohibitions & restrictions regarding political contributions


BACKGROUND Political contributions in India where a vibrant democracy exists have always been subject of much debate In this respect contributions from companies assume significance Prior to the year 1956 there was no provision for political contributions However the erstwhile Companies Act 1956 had


How to pass CA final in second attempt?


Well I know no student would ever like to pass CA final in a subsequent attempt but what if a student fails in his her 1st attempt As we all know results of finals usually come in single digit or sometimes double digit There will be students who will not clear final in their 1 attempt so for them th


Career in Banking Sector : Life, Salary, Growth


We all know that Banks are considered as the backbone of any countrys economy In India Bank Job is considered as most sought job Getting a bank job is a matter of prestige especially in a government sector bank Life in a Banking Sector You can enjoy your personal life while working in banks You can


Cardinal rules for entry level professional career


I submitted an article named constructive preparation for examinations in this forum on 27th January 2011 That article was published under the Student category Though it does not relate to any particular subject there were reasonable views by the students My other articles on Companies Act Income Ta


Should CA, CS, CMA be recognized as degree of an University?


Dear friends It is a well known fact that qualification of CA CS CMA are not recognized as equivalent to graduate post graduate degree of a recognized university under Sec 22 of UGC Act Moreover there is no provision of recognition under AICTE Act as well However Membership of the ICAI ICSI ICAI Cos


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Updated on : 8/2/2016 1:48:08 AM


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