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new accounting standards


Framework for computation of book profit for the purposes of levy of MAT

Framework for computation of book profit for the purposes of levy of MAT under section 115JB of the Income tax Act 1961 for Indian Accounting Standards Ind AS compliant companies A Committee had been constituted with the approval of the Finance Minister to suggest the framework for computation of bo

New syllabus for ICMAI from 1st Aug 2016

Intermediate Students can now avail course fee instalment facility Details to be uploaded on the website shortly PFA the enclosed attachment to view Syllabus 2016 andSyllabus 2016 for Foundation Study Material For any clarification please communicate at admission icmai in bos icmai in

Results of CA IPCC May 2016 exam declared

The Institute of Chartered Accountants of India ICAI established under the Chartered Accountants Act 1949 to regulate the profession of Chartered Accountancy It is one of the largest and prominent accounting body worldwide Chartered Accountancy profession has become a challenging career at the cutti

FM takes a serious view of opposition by Income Tax officers

The Union Finance Minister Shri Arun Jaitley takes a serious view of the resolution by Officers of Indian Revenue Service Income Tax against Department of Revenue The Ministry of Finance has learnt through a newspaper item which appeared today that some officers of Indian Revenue Service Income tax

New ICMAI President and Vice President elected

New ICMAI President and Vice President elected

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Experts Opinions

Accounts Payable or General Accounting or Fixed Assests

Deloitte is Hiring for accounts payable OR general accounting OR fixed assets Help me regarding what will be the interview procedure what type of questions they are going to ask and if any need to be known before going to attend interview Thanks

Career opportunities for newly qualified cas

Hey all Please let me know all the career opportunities which are available to a fresh chartered accountant Career Feild area of work etc

Newly incorporated company

Dear Sirs Please provide list of statutory compliance for newly incorporated company operations not yet started excepted time to start 1st week of Sept 16

Accounting standard 6 & 10


Accounting treatment

I A Company have received some amount as security money Rs 10 lakhs against fixed assets issue to an agency agency after some time close his business and did not return my fixed assets How will i treat this amount of Rs 10 lakhs in my books of accounts I will be thank full if anybody reply soon


Online business accounting

Hi Sir we are starting a new website of www textilebasket com customer place a order to textilebasket com then we are direct supply their order to our customer by courier company so we are confuse how to prepare customer accounting please give explain me as per below point 1 which a c we raise for s

Cs professional new syllabus

I am going to write Professional New syllabus in Dec 2016 After a long gap I wish to complete this Please any one guide me what are the changes in Companies Act and how to study and any guidelines scanners available for MODULE I PROFESSIONAL NEW SYLLABUS

Tax saving term deposit scheme (2006) auto-renewal

I have a tax saving term deposit of 5 year period under 2006 scheme at SBI Upon maturity is the bank allowed to auto renew the deposit without my consent http www icicibank com Personal Banking faq detail page identifier prod tax saving fd fixed deposit 20131212152944651specifies that this is not al

Accounting adjustment for company

Hi I have two companies In which me and my husband are directors signatories x company is registereda a while ago where as y company i have recently registered it In process of registering there re various expenses i need to pay to suppliers and others which i did from X company I raised vouchers fr

Study AS 14 before doing accounting for corporate restructuring?

I wanted to know if should complete studying AS 14 before I start studying corporate restructuring Thank you

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A Guide to Seek Clients for New Chartered Accountants in Practice

First question that comes in fresher Chartered Accountants mind who is planning to start his own practice is How to get the work Believe me getting work is not very difficult task provided you have good contacts and references And contacts can be developed over a period of time until then you must h

ICDS - A complete understanding of a new regime

BACKGROUND The Central Government CG recently notified 10 Income Tax Computation Disclosure Standards ICDS effective financial year 201516 This will affect the compliance practice of all taxpayers following the mercantile system of accounting for computing income chargeable to income tax under the h

About 29 new sections notified on June 1st 2016 in CA 2013

Hi All MCA had notified 29 new sections through exercise of the powers conferred by sub section 3 of section 1 of the Companies Act 2013 18 of 2013 By this the Central Government hereby appoints the 01st day of June 2016 as the date on which the following provisions of the said Act shall come into f

New Taxes Imposed by Indian Government - Krishi Kalyan Cess

Krishi Kalyan Cess This June the cost of services is going up Govt of India on 30th of May 2016 announced a new tax on all the taxable services The new tax is Krishi Kalyan Cess of 0 5 percent which will be applicable from 1st June This will make the total Service tax to be 15 percent The Krishi Kal

Comparison between incorporation of company by new and old process

According to the latest World Bank report India stands at the 142th position in terms of ease of doing business globally No wonder there have always been clamour and concern for bureaucratic hurdles which prevent the business to run efficiently and smoothly One such hurdle was the bureaucratic proce

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Updated on : 8/6/2016 4:14:23 PM


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