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ICAI invites suggestions on revised Model GST Law


Your feedback concerns and suggestions received on Model GST Law were communicated and as can be seen many amendments are due to the suggestions made by us CBEC has now releasedrevised draft Model GST Lawin the public domain The same can be viewed at the below link http idtc icai s3 amazonaws com do

Bank official suspended for not following RBI guidelines


Action taken in cases of bank officials involved in carrying out irregular transactions violative of RBIs instructions post demonetisation of Specific Bank Notes by the Government w e f midnight of 8th November 2016 Pursuant to the decision of the Government to demonetise Specified Bank Notes w e f

RBI advises banks not to trust guidelines being circulated in social media


Information from Unauthenticated Sources Advisory to banks RBI 2016 17 166 DCM Plg No 1500 10 27 00 2016 17 The Chairman Managing Director Chief Executive Officer Public Sector Banks Private Sector Banks Foreign Banks Regional Rural Banks Urban Cooperative Banks State Cooperative Banks Dear Sir Info

Old 500 Note cannot be used at Petrol Pump and for Air Ticket Purchase wef 03.12.2016


MINISTRY OF FINANCE DEPARTMENT OF ECONOMIC AFFAIRS NOTIFICATION New Delhi the 30th November 2016 S O 3598 E In exercise of the powers conferred by sub section 2 of section 26 of the Reserve Bank of India Act 1934 2 of 1934 the Central Government hereby further amends the notification of the Governme

ICAI President's Message - December 2016


My dear professional colleagues Indian accountancy profession has been acting responsibly offering its complete support to the Government of India in its initiatives particularly those relating to economy More recently we played a very crucial role in the Governments anti black money drive Income De

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Experts Opinions

Applicability of tax audit


ONE OF MY CLIENT HAS TURN OVER OF RS 8500000 AND NP RS 160000 HE ARGUE THAT ONE ADVOCATE HA ADVISED HIM THAT HE WILL NOT REQUIRE TO GET HIS ACCOUNTS AUDITED DURING FY 2015 16 AS HE HAS NP LESS THAN TAXABLE INCOME LIMIT IS HIS ARGUEMENT IS ACCEPTABLE

Education Videos Links


Is there any educational videos of Law and taxation links available so that sec can be learnt easily

scared.


I have given group 2 in nov 2016 and I will start to prepare for group 1 from tomorrow I am home maker will I be able to make it will I get sufficient time

15 CA CB


how to fill these forms what is the procedure experts

Ca final direct tax


My attempt is on may 2017 i m studying from study material direct tax so i want a reference book to understand some topic Which book i should refer since Vinod Gupta is bulky so i want to choose from girish ahuja sir book or manoharan book please suggest its urgent

Discussion

Sir, if a person has turn over of rs 40lak can no book of account can be shown?

Sir A person not firm whose turnover near around Rs 40lac and falling U S 10 26 which is exempted can return be shown in NO BOOKS OF ACCOUNT

Online purchase from icai stores

can somebody suggest me how to cancel or edit orders placed in icai online stores

Demonetisation-provide card to card trfr.-through net

If card to card transfer facility is provide through internet like devit card purchase organisations like civil contractors cinema wala can transfer the amount and discharge their liability demonetisation Affect can be reduced This is most of the ATMs are closed down So the ATMs which can be used fo

Buy passports,drivers licenses,id cards,birth certificate

Buy IELTS IDP TOEFL GMAT ESOL DEGREE DIPLOMAT Buy Registered Passports Drivers license IELTS TOEFL ESOL Certificates Without Attending The Exam BUY PASSPORTS DRIVERS LICENSES ID CARDS BIRTH CERTIFICATES VISAS SSN MARRIAGE CERTIFICATES DIVORCE PAPERS US GREEN CARD BUY PASSPORTS DRIVERS LICENSES ID CA

ISCA PREPARATION GUIDE

hi friends can any one tell me how to prepare isca papers without mugup what should be the approach which book to follow please let me know about all amendment if any for may 2017 exam

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Currency Ban: How penalty cannot be imposed on cash deposits in bank account under Income Tax Act, 1961


Introduction We are going through a very unusual phase of Indian economy where people are rushing nowhere carrying cash in hand I have experience it first time when people are ready to pay the full amount of tax or they are ready to even forego 50 of the amount still they are not able to buy peace o


Do not underestimate ISCA in CA final


What is ISCA all about ISCA Information System Control and Audit has been a nightmare for students at the final level During the IPCC level students get the rid of IT by preparing well enough the SM portion But its not so possible to the final level one has to score at least 40 marks to pass the exa


Being a CA


It has been long since I wrote any article in this esteemed website I am sure all my friends who took their exam must have done exceedingly well and results will be positive for all you lovely people I wrote many articles about being CA and number of attempts dont matter and all and yes I was critic


Pradhan Mantri Garib Kalyan Yojana: Last Call To Tax Evaders To Come Clean


I Introduction Amidst the Opposition lead protests over demonetization of high denomination currency notes HDNs ensuring little or no business being transacted by Parliament in its current winter session till now on 28th November 2016 the Honble Minister of Finance and Corporate Affairs moved theTax


Yes, India can have less-cash economy


Yes India can have less cash economy The prime minister has struck a chord with the poor India economy has been the pride of world It has been showcased as the only growing economy a proud moment for Indians particularly under Prime Minister Narendra Modi However a section of media and political par


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Updated on : 12/4/2016 12:57:09 PM


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