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The Curious Case of PwC and Ramalinga Raju's Satyam

  Sushil krishnan    29 September 2014 at 11:00

Satyam's case has been widely regarded as the debacle of the Indian Financial System. The case of Satyam is often referred to as "India's Enron"(Enron was a US based company which was inflicted with a similar accounting fraud). It w



You cant escape these mundane tasks in Seemingly-Interesting Equity Research, Investment Banking & Finance Jobs

  Ashutosh    27 September 2014 at 11:59

I often meet recently cleared or about about-to-be Chartered Accountants. Many a times, I also bump



Salmaan Khan delivers a career advice in his movie 'Kick'

  Nimish Goel    27 September 2014 at 11:59

In his recent movie Kick, Salmaan Khan ends the movie with the dialogue - Main Dil Mein Aata Hoon Samajh mein nahin. Salmaan always has that penchant for delivering whacky dialogues which truly symbolizes his witt



Due date of ITR extended but 234A interest still applicable

  CA SUDHIR HALAKHANDI    27 September 2014 at 11:59

Due Date for filing of return of Income for Assessment Year 2014-15 Extended from 30th September, 2014 to 30th November, 2014 in Specified CasesAs per the provisions of the Income-tax Act, 1961 (the Act), for an assessee, who is require



Procedure for appointment of Alternate Director under CA 2013

  Ankur Garg    27 September 2014 at 11:58

Dear Professional Colleagues, Some time back I shared a write up containing Procedure for appointment of Additional Director under Companies Act, 2013. Statutory provision for appointment of Additional Director is given in Section 161(1



Clarification on Major issues pertaining to refund of Cenvat credit to Exporters

  Bimal Jain    27 September 2014 at 11:58

Dear Professional Colleague, Clarification on Major issues pertaining to refund of Cenvat credit to Exporters We are sharing with you the recent judicial pronouncement of the Honble Bangalore CESTAT in the case of Apotex Research Pvt. Ltd. &am



ICAI and Bureaucrats to Blame For ?

  Nikhil Kaushik    26 September 2014 at 10:37

So, Indian Bureaucracy Really "The Cause" of "All Our Ills" and is ICAI Responsible for Low Passing PercentageFor past few days, there have been various articles, posts blaming the Bureaucrats for everything that is wrong. Blame



Good Revision is Critical of Exam Success

  Ankur Garg    26 September 2014 at 10:37

Dear Students, Through this small write up I would like to raise an alarm regarding importance of good revision from November 2014 and December 2014 examination. Most of the students tend to neglect the proper revision of contents they have studied f



Make in India Initiative: A World of Opportunities for CMA's

  Kapil Kaushik    26 September 2014 at 10:37

CMA: Cost and Management Accountant, is one of the fastest growing professions in India. The commerce students have a few options to choose after completion of senior secondary. As it is a trend in India, students prefer to follow their friends or pa



Status of ITR Date Extension in various courts

  Nilesh Saiya    26 September 2014 at 10:36

High Court Status Details of the Case Bombay Honourable Bombay HC passed the order stating that CBDT to consider the representation of the of the Chamber before 30th September The Chamber of Tax Consultants & Others Vs. Union