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News

Undisclosed income of Rs 21354 cr detected in last 2 years


There is no official estimation of the amount of black money stashed away abroad Various non governmental organizations and economists in the past have indicated certain estimations of illicit financial flows out of the country Such estimations appear to be based upon different sets of facts assumpt

IT dept to issue 7 lakh letters seeking information in respect of high value non PAN transaction


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi 21st July 2016 Sub Income Tax Department to issue 7 lakh letters seeking Information in respect of High Value Transactions Under the Annual Information Returns AIR various types of high value transa

New and revised standards on auditing


Revised SA 700 Forming an Opinion and Reporting on Financial Statements New SA 701 Communicating Key Audit Matters in the Independent Auditors Report Revised SA 705 Modifications to the Opinion in the Independent Auditors Report Revised SA 706 Emphasis of Matter Paragraphs and Other Matter Paragraph

Pre-MEF Data Verification


As you are aware every year Professional Development hosts an online form popularly known as MEF ie Multipurpose Empanelment Form atwww meficai orgThis year in order to make the Members aware as to what information is going to flow from Institutes records in MEF As the information field related to y

Offshore Tax Evasion


While there are impediments in obtaining information relating to undisclosed assets stashed away abroad pursuant to various initiatives taken by the Government the flow of information has improved leading to better enforcement action The Government has taken several measures to effectively deal with

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Experts Opinions

Format of declaration of director for giving loan to company


Can any body share format of Declaration to be given by director for the giving loan to company that it is from his networth

cpt registration and material


if i register for cpt in august and get materials and if after that there are changes in syllabus or material will i be notified ad given updated material

Supplementary material


ICAI also issues supplementary study matFor CA finals do we need to study that too What is included in that

Personal balance sheet


Hi One of my executive directors salary level is Rs 100 000 per month But if its increased to Rs 3 00 000 per month is an Audit or Balance Sheet required for Him personally As Right now he just Files his return online being an Individual Company Director Also is there any Top Limit for Salary for Di

intimation to excise department


Dear Experts I want to ask that is there any format for declaration to intimate the excise department that our turn over is crossing limit of 90 lakh Thanks

Discussion

Amalgamation of private companies

Hi All Can anyone provide me the detailed procedure for amalgation of two private limited companies

Can I ignore Form 16 Calculation which is wrong?

Dear Professional Friends My company Form16 is not right Total salary is not right Moreso they have not included i HRA ii Medical Benefits Of Rs 15000 Thus I have prepared my own calculation by considering i ii above said 2 points My question is Shall I take my OWN calculation as BASE igonoring my c

Counterfeit notes from automated teller machines.

Are there chances of getting counterfeit notes from Automated Teller Machines In case yes the respective Banks ATM has to do stringent quality checks of the notes before depositing in the ATM Do you agree Thanks Regards Prashant S Akerkar

CA final may 2016 mark sheet

pls suggest m the procedure of getting ca final may 2016 mark sheet as soon as possible

Format of affidavit for e-form chg-8

DEAR ALL PLEASE PROVIDE THE FORMAT OF AFFIDAVIT ATTACHED WITH e FORM CHG 8 FOR CONDONATION OF DELAY THANX IN ADVANCE

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File Download

  • SBI Loan Affidavit in Excel Format

    THIS AFFIDAVIT FORMAT IS USED WHILE TAKING CASH CREDIT FROM STATE BANK OF INDIA
  • IDT Custom Case Laws

    case laws in short format to for easy and better understanding
  • Income Tax Calculation 2016-17

    Prepare form 16 upto 500 employee in single excel sheet Tax calculation and prepare section 89 1 relief from F Y 1985 86 to 2016 17 View Tax Rate for last 31 years Calculation of Tax under section 234A 234B 234C prepare challan no 280 281 Find out TDS TCS rates Find out Maturity value of Term Deposit RD House Rent Allowance rebate calculation and find out interest on NSC and much more in single excel sheet
  • Auto Balance Sheet format with Trial Balance

    Balance Sheet format With Trial Balance fill trial Balance Auto made Balance Sheet as per Company Schedule and Regular Format Simple Format both Spl for Monthly Balance Report Provider and MIS Sheet
  • Auto Attendance Sheet life time without password

    Auto Attendance sheet life time Staff absent Half day Company off Holiday Staff left etc

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Articles

Words will sound empty if your emotions don't match your words


We say what we mean and we mean what we say When we break from this pattern and say things we dont really mean we move out of integrity Personal power comes from being in integrity and diminishes whenever our integrity is undermined And lying is one of the ways we do that If your actions do not prov


Expense Management : Why Automation is Necessary


Expense management is the management of all the company spends This includes both short and long duration tasks like procurement raw materials office supplies infrastructure needs digital spends marketing and technologies tools analysis and reporting forex covering international business trips and c


An under estimated Investment strategy: Mutual Fund SWP-Systematic Withdrawal Plan


We can add drops of water to fill up a bucket the drops may be big or small but nonetheless it will fill the bucket In a reverse sequence we can draw out portions from the bucket when required and satisfy our needs The world of mutual fund investing is no different The Systematic Investment Plan SIP


Matters to be undertaken by NCLT


W E F June 01 2016 Government constituted the Benches of National Company Law Tribunal and hence the Central Government vide Notification No S O 1934 E subject to the provisions of Companies Act 2013 has declared 01 06 2016 as the date on which the provisions of the companies act shall come into for


IFC - Relevance of Information Technology in Internal Controls


The purpose of internal controls is to identify manage and control risks that could prevent the organization from achieving its objectives The information technology IT function designs develops implements and maintains much of an organizations business processes Their attitudes toward risk and inte


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Updated on : 7/31/2016 4:31:10 AM


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