CAclubindia News

Amount paid to states under GST

29 March 2018 at 12:12

Balance claim of States under GST The Government is providing claims to the States under GST. As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States shall be calculated and compensation for loss of

Posted in GST | 3756 Views

ICAI President message on NFRA, PNB and other matters

29 March 2018 at 10:21

My dear Professional Colleagues,It is important to empathise that carte blanche of ubiquitous nature which has been discernible for the chartered accountancy profession has been due to path of rectitude that the Chartered Accountancy profession has a

Posted in Professional Resource | 2541 Views

ICAI group for examining SC judgement on MNC accounting firms

28 March 2018 at 10:41

No.M-626/08/MAF&PWC/2018 ALL MEMBERS OF THE COUNCILMadam/Dear Sir,Sub.: Constitution of a Group to examine the issues arising out of the Judgement dated 23.02.2018 of the Hon’ble Supreme Court in the matter of operation of Multinational A

Posted in Accounts | 1 comments | 4491 Views

Income tax office to remain open on 29th,30th and 31st March

28 March 2018 at 10:41

The last date for filing belated returns for Assessment Years 2016-17 and 2017-18 and revised returns for Assessment Year 2016-17 is 31st March, 2018. The Financial Year 2017-18 closes on 31st March, 2018 which is a Saturday. 29th & 30th March, 2

Posted in Income Tax | 6 comments | 6318 Views

GST revenue collection for feb stands at Rs 85174 crore

28 March 2018 at 10:41

GST revenue collections for February 2018 (received in February/March upto 26th March) stand at Rs. 85,174 crore; Rs. 14,945 crore collected as CGST, Rs. 20,456 crore collected as SGST; Rs. 42,456 crores collected as IGST and Rs. 7,317 crores collect

Posted in GST | 2 comments | 7092 Views

CBDT extends date for linking Aadhar with PAN till 30th June 2018

28 March 2018 at 10:41

The Central Board of Direct Taxes (CBDT) had allowed time till 31st March, 2018 to link PAN with Aadhaar while filing the Income Tax Returns. Upon consideration of the matter, the CBDT further extends the time for linking PAN with Aadhaar till 30th J

Posted in Income Tax | 1 comments | 2079 Views

List of CS whose membership removed for non payment of membership fee

27 March 2018 at 12:34

REMOVAL OF MEMBERSHIP DUE TO NON-PAYMENT OF ANNUAL MEMBERSHIP FEE FOR 2017-2018In accordance with Section 20 (1) (c) of the Company Secretaries Act, 1980 read with Regulation 8 of the Company Secretaries Regulations, 1982, the names of the members, w

Posted in Career | 14658 Views

Requirement to furnish country by country report under sec 286(4) of Income Tax Act

27 March 2018 at 12:34

The Government of India issues clarification regarding requirement for furnishing of Country-by Country Report under Section 286(4) of Income Tax Act, 1961.In keeping with India’s commitment to implement the Recommendations of the 2015 Final Re

Posted in Income Tax | 1 comments | 7074 Views

CAs who will represent ICAI with Govt for NFRA rules

26 March 2018 at 12:52

No.M-626/06/2018 ALL MEMBERS OF THE COUNCILMadam/Dear Sir, The Council at its 374th meeting held on 21st - 24th March, 2018 while taking note of �The National Financial Reporting Authority (Manner of Appointment and other Terms and Conditions

Posted in Career | 3 comments | 10716 Views

Scheme for retrospective restoration of Chartered Accountant membership

26 March 2018 at 12:52

ANNOUNCEMENT SCHEME FOR RETROSPECTIVE RESTORATION OF MEMBERSHIP With a view to mitigate the hardships being faced by members whose names stand removed as on date due to non-payment of membership fee, the Council in its 374th m

Posted in Students | 3351 Views