CAclubindia News
ISA results is likely to be declared on 18th Oct, 2007
17 October 2007 at 19:27The result of the Information Systems Audit [ISA] Assessment Test held on 22nd September, 2007 is likely to be declared on 18th October, 2007 around 8 PM October 17, 2007 IMPORTANT ANNOUNCEMENT The result of the Information Systems Audit [ISA] As
Announcement by ICAI - AS 15 Employees Benefits Revised
17 October 2007 at 18:59ANNOUNCEMENTLimited Revision toAccounting Standard (AS) 15, Employee Benefits (revised 2005)The Council of the Institute of Chartered Accountants of India has decided to make limitedrevision to Accounting Standard (AS) 15, Employee Benefits (revised
Dubai Chapter of ICAI announces new managing committee
17 October 2007 at 18:55At the recent Annual General Meeting of the Dubai Chapter of the Institute of Chartered Accountants of India (ICAI) the new managing committee was elected for the year 2007 - 2008.The members elected to the committee are CA V.P.Nagarajan as Chairman,
Sebi moderates capital flows.. Market Crashes!!
17 October 2007 at 11:32In an attempt to slow FII inflows, capital market regulator Sebi on Tuesday proposed a complete ban on the issue of overseas derivatives instruments (ODIs) like participatory notes (PNs) and other papers with immediate effect.Sebi also proposed a mea
Tax compliance in India improving steadily
16 October 2007 at 19:5985% assessees file tax returns now Number of returns filed after notices has dropped sharply. Tax compliance in India is improving steadily. Four years ago, 76 per cent of the 28.8 million tax-payers (assessees) filed annual income tax returns.
Injunction against ST on Rent of commercial Buildings
16 October 2007 at 13:22The Madras High Court has granted an interim injunction restraining the Union Finance Ministry from collecting service tax on rent of commercial buildings following a petition filed by General Star Kitchen Pvt Ltd, which operates a restaurant in Chen
Procedure in inquiries as to misconduct of ICAI members
15 October 2007 at 17:05Section 21 of the Chartered Accountants Act, 1949 - Procedure in inquiries relating to misconduct of members of institute - Notified Director DisciplineNOTIFICATION NO. 1-CA(7)/104/2007, DATED 8-10-2007In exercise of the powers conferred by sub-sect
ICAI comes out with new Accounting Standard
15 October 2007 at 15:05Corporates houses, banks and financial institutions have got just 18 months to begin the changeover to a new set of transparency, inducing accounting standards that will have a major impact on their financial statements. The new norms to classify, va
Heights become tax lows for businessmen
14 October 2007 at 15:03Call them covert SEZs. To an enterprising businessman these pockets resemble tax havens. Places such as Leh in J&K, Itanagar in Arunachal Pradesh, Shillong and Tura in Meghalaya, Aizwal in Mizoram and many others have become hotspots for big-ticket i
ICAI to clarify AS for real estate co's-SEBI!!
14 October 2007 at 14:47The Securities and Exchange Board of India (Sebi) has asked the Institute of Chartered Accountants of India (ICAI) to clarify the accounting standards that real estate companies have to follow.The capital market regulator has noticed that different r
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