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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

Extension of the last date for filing of DVAT returns for 1st quarter


GOVERNMENT OF NATIONAL CAPITAL TERRITORY OF DELHI DEPARTMENT OF TRADE AND TAXES pOLICY BRANCH VYAPAR BHAWAN I P ESTATE NEW DELHI 110 002 No F 7 420 VAT Policy 2011 PF 518 24 Dated 28 7 16 CIRCULAR NO 11 of 2016 17 Sub Filing of online return for first quarter of 2016 17 Extension of period thereof I

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

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Experts Opinions

Ca final


Sir I have appeared for Final Group I 4 5 times but not able to clear so this time i m thinking for both although i have taken DT Classes in 2014 and studied Cost by myself however i dont have much command so wat should I do I have 3 months go for both for stick to Ist

CA FINAL-AMA


Please guide me of whom should i take the classes for costing I m confused between sanjay aggarwal sir nd Parag gupta Sir Moreovr i want to know that whether Sanjay aggarwal sir s 2012 batch classes are sufficnt for nov 2017 attempt

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

Discussion

Cannot upload mvat return on new mstd website

The new rules for MVAT applicable form 1 Apr 2016 Delaer can register on the new automation MSTD site but cannot upload return Shows server error What is the issue Others are also facing the same problem

Operation Research ca final

Please anyone can help me out that i want operation research book or photocopy of sanjay agarwal sir of NOV 14 batch please anyone have contact me on email id manishsrivastav63 gmail com

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

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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 9:52:09 AM


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