financial follow up report

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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

Steps taken by govt to promote digital payments


The Central Government takes various decisions for the benefit of farmers in the current Rabi Season and to promote digital payments in the economy Following the cancellation of legal tender character of old Rs 500 and Rs 1000 notes a number of measures have been announced by the Union Government ta

Central govt sends a team to states to report on status of implementation of demonetisation


The Central Government constitutes Committees of Addl Secretaries Joint Secretaries Directors for visiting States UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denomination bank notes of Rs 500 and Rs 1000 The Central Gov

ICAI denies any leakage of question paper of Direct tax law exam


No leakage of question paper relating to Paper 7 Direct Tax Laws of CA Final examination held on 13th November 2016 Our attention has been drawn to some unfounded reports in social media on alleged leakage of question paper relating to Direct Tax Laws Paper 7 of CA Final Examination held on 13th Nov

Bank to report to IT dept cash deposit of more than 2.5 lac in savings and 12.5 lac in current account


TO BE PUBLISHED IN THE GAZETTE OF INDIA EXTRAORDINARY PART II SECTION 3 SUB SECTION i GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF DIRECT TAXES NOTIFICATION New Delhi the 15th November 2016 G S R 1068 E In exercise of the powers conferred by section 285BA read with

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Experts Opinions

how to pass following entry in tally


1 26 6 16 Aman Motors purchased Vertical Honing Machine at Rs 1872000 ivAT 09 4 from Susmit Son s Vide bill no SS 022 On 26 5 09 Tax author ities allowed a tax credit of Rs 60000 to be set off in 12 monthly instal ments Hint Enter the above entry in three transactions first capitalize the full value

Financial accounting


DEAR SIR I HAVE TO SOLVE THIS ASSIGNMENT AS QUICKLY AS POSSIBLE KINDLY GIVE THE HELP AS I AM NOT GETTING THE ANSWER FOR THE RATIO LONG TERM DEBT TO CAPITAL AND RESERVE IS GIVEN 7 25

Mat report


Is there any penalty for non filing of MAT report of the company to which provisions of section 115JB apply What are the consequences

Financial reporting


can someone confirm about the applicability of ind as for may 2017 i mean how to prepare for this term focus on both or as now redundant

Project report on real estate business


I need link to download project report on Real estate Business of India

Discussion

Annual report of listed company

I m shareholder of following co and i didt received annual report in phycial form the indian wood products co ltd the new great eastern spinning and weaving company limited This company are listed in stock exchages other then BSE and NSE like calcutta stock exchage CSE I want annaul report for the y

Valuation report under private placement

what is the time limit for giving valuation report under private placement

Previous financial year earned salary deposited bank later years

I have filed income tax returns from 2006 to till date money earned from salary I have Deposited my previously earned salary cash 10 00 000 in 2014 in one bank while Salary credited in 2014 in salary account I paid tax only on my earned salary in 2014 2015 and not shown the cash deposit 10 00 000 in

consolidation of financial statement

Sir please send me a format of consolidation of financial statements for associates required to be made in practical life which is used for filing AOC 4 CFS of the company

7 steps to overcome your shopping addiction and becoming financially healthy

All of us sometimes buy on impulse that pair of shoes beckoning from behind the display case or new goggles that will add to your fashion statement Problems arise when the purchases shift from impulsive to compulsive You are no longer a normal shopper but a shopaholic suffering from compulsive buyin

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Six recommendation of SIT Report on Black Money


The Special Investigation Team SIT headed by Justice M B Shah retd submitted its fifth reportto Supreme Court on methods to curb black money in the economy The SIT has made six recommendations in its Fifth Report 1 Complete ban should be imposed on cash transactions above R 3 00 000 There should be


Guidance Note on Reporting on Fraud under Section 143(12)


style2 text align justify INTRODUCTION Section 143 12 states Notwithstanding anything contained in this section if an auditor of a company in the course of the performance of his duties as auditor has reason to believe that an offence of fraud involving such amount or amounts as may be prescribed is


Sec 270A of the IT Act : Encouraging assessee to disclose unreported income?


The Finance bill 2016 bought a new array of sections to the income tax act that are section 207A and 207AA The law aims to provide a new procedure for charging penalty for concealment or understatement of income which intends to replace the existing array of sections that is 271 1 c In the existing


Analysis of Paper 3: Cost Accounting & Financial Management (IPCC)


Here is the Brief Analysis of Paper 3 Cost Accounting Financial Management IPCC held on 6th November 2016 Overview The Paper seemed quite familiar manageable as majority of the Questions were taken directly from ICAI Material Maximum Almost All Questions were from ICAI Module PM RTP Length Average M


Auditor's Point in Board Report


If appointed in 13 14 for 5 years At the Annual General Meeting held on September 30 2014 XYZ Associates Chartered Accountants were appointed as statutory auditors of the Company to hold office till the conclusion of the Annual General Meeting to be held in the calendar year 2019 In terms of the fir


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Updated on : 12/5/2016 12:02:12 PM


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