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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

No seizure of gold jewellery upto 500 grams per married lady and 250 gm for unmarried


Government clarifies that the apprehension sought to be created that the jewellery with the household which is acquired out of disclosed sources or exempted income shall become taxable under the proposed Taxation Laws Second Amendment Bill 2016 is totally unfounded and baseless In the wake of Taxati

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

Is 80dd deduction allowed to 2 family members for 1 dependen


CAN TWO FAMILY MEMBER TAKE BENEFIT OF SECTION 80 DD SEPERATLY 75000 75000 150000 WHERE ONE DEPENDENT IS HANDICAPED

IPCC Exam


Dear Sir Madam Which is the Relevant Study Material and Practice Manual Edition for May 2017 IPCC Exam

Comapnies act 2013


Mr K is making an arrangement to acquire some Stock in Trade from BL Limited for consideration of some furniture lying with him He is a Director of JS Limited which is the Holding Company of BL Limited Advise him on the basis of provisions of Companies Act 2013

doubt in consolidation-AS-23-value of investment of associate


Sir kindly provide a solution for the following problem H Ltd acquired 15000 shares of A Ltd on 31 05 2010 as on 01 4 2010 securities premium of A Ltd was 10 00 000 Profit for the year 2011 was 4500 My querry is 1 Whether securities premium will be included in pre acq profit 2 If i include such figu

Kamal garg law and auditing class notes for may 2017


Hai dear friends Any of you taken coaching from kamal garg sir i need law and auditing class notes of kamal garg sir for my prepartion please share with me if taken means thanks a lot in advanc

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Free ipcc audit lectures by ca ravi taori

Youtube link https www youtube com watch v IdRXNI2vkC8list PLW4rF0Q023 T2PWkrcPEiM brqD8i Tlm

Ipcc Exam Material

Dear Sir Madam Which is the Relevant Study Material and Practice Manual Edition for May 2017 IPCC Exam

Companies act 2013 question

Mr K is making an arrangement to acquire some StockinTrade from BL Limited for consideration of some furniture lying with him He is a Director of JS Limited which is the Holding Company of BL Limited Advise him on the basis of provisions of Companies Act 2013 Please guide

Passed one group in pe ii and discontinued

I have passed Group II inPE II in the year 2007 and discontined what could be the next step if i want to continue

Best Teacher For Law Group 1

any body give suggestion onwho is best for Law classes ca final student

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Newly Inserted Section 270A Income Tax Act, 1961 - An analysis


Background of Section 271A The Income Tax Act has inserted sub section 7 in section 271 to provide as The provision of Section 271 shall not apply to and in relation to any assessment for the assessment year commencing on or after 01 04 2017 Due to the insertion of the said sub section in Section 27


Demonetisation and the past 20 days


Well if theres one topic which has been continuously reverberated in the minds of people starting from various economists till the easy going social network user in the past 20 days Yes You guessed it right It is the GoIs announcement that the use of all INR 500 and INR 1000 banknotes of the Mahatma


Salient features of new PMGKY Income Disclosure Scheme 2016


Proposed Salient Features of Pradhan Mantri Garib Kalyan Yojna 2016 for disclosing blackmoney held as cash or deposits 1 Applicable for undisclosed income in the form of Cash or deposits including FD RD etc held in bank accounts or in Post Office Section 199C or any other specified entity 2 Pay Inco


Draft integrated goods & services law, 2016


On 25 11 2016 Central Board of Excise and Custom has issued DRAFT IGST LAW IGST Law contains Eleven Chapters and 24 Sections 1 Inter State supply of goods and or services As per Section 3 Inter State Supply of goods or services means any supply where the location of the supplier and the place of sup


Allotment of Securities under the Companies Act, 2013


ALLOTMENT OF SECURITIES UNDER THE COMPANIES ACT 2013 i Private Placement ii Right Issue iii PreferentialAllotment 1 PRIVATE PLACEMENT Private placement means any offer of securities or invitation to subscribe securities or invitation to subscribe securities to a select group of persons by a company


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Updated on : 12/5/2016 2:20:11 AM


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