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SIT on black money recommends ban of cash transaction above 3 lakh and cash holding more than 15 lakhs


Recommendations of SIT on Black Money as Contained in the Fifth SIT Report The Fifth SIT report has been submitted before the Honble Supreme Court by the SIT An extract of the report has been uploaded on Department of Revenue websitewww dor gov in The SIT has made the following recommendations in th

Govt considering having a new financial year


Government today constituted a Committee headed by Dr Shankar Acharya former Chief Economic Adviser to examine the desirability and feasibility of having a new financial year The Committee to submit its Report by 31st December 2016 The Government of India today constituted a Committee to examine the

Government Notifies Rules regarding Fair market value


Government Notifies Rules regarding Fair market value and reporting requirement for Indian concern Indirect transfer provisions section 9 1 of the Income tax Act 1961 Under section 9 of the Income tax Act 1961 the Act any income arising from transfer of any share of or interest in a foreign company

Amendment in Rule 114H of Income-tax Rules, 1962


The Rule 114H of the Income tax Rules 1962 the Rules has been amended vide Notification No 48 2016 S O 2151 E dated 20th June 2016 In order to provide sufficient time to the reporting Financial Institutions for completing the due diligence procedure in respect of other reportable account referred to

Applicability of Amendments for Nov 2016 Final Exams


Applicability of Standards Guidance Notes Legislative Amendments etc for November 2016 Final Examination Paper 1 Financial Reporting I Framework for the Preparation and Presentation of Financial Statements II Accounting Standards AS No AS Title 1 Disclosure of Accounting Policies 2 Valuation of Inve

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Experts Opinions

Sigining of audit report


Who will sign ncome tax audit report in case of assessee is in imprisonment

Project import chapter heading 9801


Is there any restriction on sale of goods imported under project import scheme after finalisation of contract as per the rule 7 of Project Import regulations 1986 Also in case of other projects how to determine the sponsoring authority to obtain recommendation letter for concessional rate of duty un

Project report ( dscr )


with reference to above matter i have been preparing DSCR report for my brother to be given to bank to avail loan for a tenure of 7 years he has been running commercial vehicle business Hire now my question is he is having already one vehicle on loan on bank again he is wish to avail loan for new ca

Entry tax on transit mixer and pump


Please tell me entry tax on transit mixer vehicle rate and how to calculate please help on this query

Comments in the audit report


SIR ONE OF MY CLIENT ASSOCIATION IS NOT PROVIDING DEPRECIATION ON THE FIXED ASSETS mY QUESTION WHETHER THIS HAS TO BE QUALIFIED WHILE GIVING THE AUDIT REPORT

Discussion

Audit report

audit report

Tds deduction & cash projection

Could any one tell me the treatment of the following in accounts 1 If a company Deducted TDS on Director remuneration to directors Where it is to be shown in books of company what is the name of the ledger Further Company has its own tds deducted by others which is shown in current assets Can we mer

E-filing id of tax audit report disbled due to pan non validation by icai

E Filing ID Disabled how to enable

Error in mvat audit report-e704

Hello Ive filed VAT Audit Report for FY 12 13but I realised Ive made an error by not showing CST purchases Now I want to apply for C forms pertaining to that period What else do I need to do apart fromfilinga revised return u s 20 4 b Is revised return itself sufficient to proceed with the C Form ap

Accounting treatment of lease rent paid on land during the construction of project

what is the accounting treatment of lease rent paid on land during the construction of project and when to capitalized leased land

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  • Project Report Dairy Farming

    Bankable project report for Dairy farming of 20 Cows
  • Easy Way to learn all 16 points of CARO 2016

    As new CARO 2016 has been issued which has increased the reporting requirements for the Statutory Auditor as against CARO 2015 In CARO 2016 there are total 16 points as against CARO 2015 which contains 12 points The Biggest issue for students to learn all these points in sequence which is difficult task and I have tried to make it simpler to learn
  • All In One Service Center

    Contain Details Project report on Common Service Center
  • Simple Tricks

    I have added this time Simple tricks by which you can easily manage your daily work reports etc I hope all would like it if any query you can mail me ronak18492 gmail com
  • Solved Scanner CA Final Gr.1 - Paper 1

    contains scanner for financial reporting ca final connect on facebook with us for more ramavititutorial

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Articles

How to report Incomes from India while filing the tax return in USA?


It is often that people take the plea that the law is not known to them and any breach of law therefore is purely due to ignorance However the Latin term ignorantialegisneminemexcusat very aptly and succinctly states the truth ignorance of the law excuses no one Tax violations in countries like USA


Ind AS 10: Events occurring after the reporting period


Background Today we live in a dynamic business world where changes in business environment are eminent Some of these changes are important for users of financial statements such as shareholders because they play a key role in decision making In order to bring about uniformity in changes in business


CSR - Auditors' Responsibility to Qualify in Audit Report


Corporate Social Responsibility CSR is a mandatory spend stipulated by the legislation which requires the Board of Companies that falls within the criteria specified in 135 1 of the Companies Act 2013 Act to spend at least two percent of its average net profits towards CSR The term used is at least


IND AS - 10 events after the reporting period


Before going through the aforementioned Ind AS it is very crucial to understand its nomenclature and reason for its existence Ideally transactions relating to relevant Reporting Period are recorded in the relevant Financial Statements However there are several events which happen after Reporting dat


Ageing report from pivot table - Advance Excel


We all are finance professionals some may be in INDUSTRY few in PRACTICE and most of us are student to become future professionals But whatever stage we are everyone have to face computer screen filled with Microsoft Excel Spreadsheets outlining with financial result budgets forecasts and plans used


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Updated on : 8/27/2016 10:18:14 PM


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