CAclubindia News
ICWA enters into MOU with IMA USA
01 May 2009 at 11:28The Institute of Cost and Works Accountants of India (ICWAI) entered into a Memorandum of Understanding (MOU) with the Institute of Management Accountants (IMA), USA here today. This will enable mutual recognition and cooperation between the two ins
Notices issued to 12 Indian CA firms
30 April 2009 at 16:13The High Powered Committee of ICAI issued notices seeking certain information to 12 Indian Chartered Accountant firms having affiliation with international entitiesThe Institute of Chartered Accountants of India (ICAI) set-up by an Act of Parli
Extension of due date for completion of 100 Hours IT training
29 April 2009 at 10:35Removing difficulties being faced by the students for successfully completing 100 Hours Information Technology Training before the commencement of June, 2009 Professional Competence Examination It has been brought to the notice of Board of Studi
Tax on fees for technical services in secondments an enigma
28 April 2009 at 13:47Authorities have looked at different aspects to decide on the taxability of remittance made Author : Sandeep Ladda & Kapil Sirsalewal/DNAThe opening of the Indian economy has witnessed an exponential growth in investment by foreign companie
Extension of benefit of enhanced depreciation
27 April 2009 at 13:23Extension of benefit of enhanced depreciationPress Release No. 402/92/2006-MC (10 of 2009)Dated 24-4-2009The benefit of enhanced depreciation on commercial vehicles has been extended up to 30th September 2009. Now, commercial vehicles acquired on or
Mandatory application of Cost Accounting Standards
24 April 2009 at 14:13The Council of the ICWAI at its 251st Meeting held on 12-13 February 2009 decided as below:Mandatory application of Cost Accounting Standards“RESOLVED THAT the following Cost Accounting StandardsCAS 1: Classifications of CostsCAS 2: Capacity De
SC upholds Sebi supremacy over unregistered cos
22 April 2009 at 16:10Author : Rakesh Bhatnagar/DNASays SAT has no discretionary power on issues under Sec 12(1) of Sebi ActThe Securities and Exchange Board of India (Sebi) won a crucial judgment in the Supreme Court against the Securities Appellate Tribunal (SAT), which
Service Tax on Commercial Rent Held Unconstitutional
21 April 2009 at 12:44The Delhi High Court has struck down the levy of service tax on rentingof immovable property as "unconstitutional", while deciding 26 writ petitions of different petitioners, by a combined order. The division bench of the Delhi High Court c
Study circle formed for members in industry
19 April 2009 at 00:39ICAI moves closer to its Members in Industry. Formation of Study Circles for Members in Industry ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, pr
Specimen Multipurpose Empanelment Form 2009-10
19 April 2009 at 00:28Specimen Multipurpose Empanelment Form 2009-10Professional Development Committee (PDC) is pleased to host the thoroughly revamped Multipurpose Empanelment Form (MEF) for the year 2009-10. The new form has been comprehensively revised to make it user
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