CAclubindia News


Merger of Firms - Seniority/Firm Name issues

 24 September 2009 at 15:37

MERGER OF FIRMS – SENIORITY/ FIRM NAME ISSUES To give boost to the capacity building of the Chartered Accountants firms, the Council in its 250th meeting held in April 2005 had approved a scheme envisaging merger of two or more firms of Charter

Posted in Career |   6 comments |   15195 Views


ICAI requests CBDT to extend the due date for filing return of income

 23 September 2009 at 16:45

REPRESENTATION MADE FOR EXTENSION OF DUE DATE FOR FILING THE RETURN OF INCOMEDue to the fact that most of the establishments are virtually closed on account of festivals of Durga Pooja, Navratra’s and Dussehra, representations were received fro

Posted in Income Tax |   35 comments |   31911 Views


ROC invites application for techincal scrutiny of Balance Sheets

 23 September 2009 at 16:12

Panel for outsourcing of work of Technical Scrutiny of Balance Sheets The Institute has received an Office Memorandum (OM) from the Ministry of Corporate Affairs. As per the OM, the Registrar of Companies will prepare a panel of professio

Posted in Career |   3 comments |   6264 Views


CS Recognised in e-return Tax Filings

 23 September 2009 at 12:58

Amendment in Electronic Furnishing of Return of Income Scheme, 2007Notification No. 70/2009, dated 22-9-2009In exercise of the powers conferred by sub-section (1B) of section 139 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct T

Posted in Career |   3 comments |   13317 Views


FVU for Quarterly e-TDS/TCS with new validations released

 23 September 2009 at 12:31

A. Procedure for preparation of returnDeductors' Manual for quarterly returnsDos and Don’ts for Deductors/CollectorsB. Forms Form 24Q Form 26Q Form 27Q Form 27EQ Form 27A C. The data structure1. New structure w.e.f October 01, 2009 File

Posted in Income Tax |   1 comments |   19050 Views


Permission for pursuing a course along articleship

 18 September 2009 at 19:13

Permission for pursuing a course along articleship [Regulations 65 & 78, Form 112] Attention of the students /articled assistants is drawn to Regulation 65 of the Chartered Accountants Regulations, 1988, reproduced below: -

Posted in Students |   15 comments |   23214 Views


Systems Audit of Mutual Funds

 18 September 2009 at 15:56

Systems Audit of Mutual FundsCircular No. SEBI/IMD/CIR No. 8/176988/2009, dated 16-9-2009 Considering the importance of systems audit in the technology driven asset management activity, it has been decided that mutual funds shall have a systems audit

Posted in Audit |   11127 Views


Date for nomination form for forthcoming election extended

 17 September 2009 at 17:44

Announcement regarding Submission of Nomination FormsELECTION – 2009 September 17, 2009 In view of the three consecutive holidays falling on Saturday, the 19th, Sunday, the 20th and Monday, the 21st September, 2009, it has been decided to accep

Posted in Career |   4611 Views


The Council of the ICWA approves CAS-7 and CAS-8

 16 September 2009 at 11:40

The Council of the Institute has approved the Cost Accounting Standard on Employee Cost (CAS-7) & Cost of Utilities (CAS-8) and approved the release of Exposure Drafts on Administrative Overheads & Repairs and Maintenance Cost.Communiqu&eacut

Posted in Accounts |   11187 Views


Estamp intiative by MCA

 15 September 2009 at 11:27

Registrars of Companies have to ensure that proper stamp duty is paid on the instruments registered with their office. As of now, physical submission of documents is mandatory where stamp duty is levied in order to ascertain that applicable stamp du

Posted in Corporate Law |   4 comments |   7785 Views



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