CAclubindia News

Amendments and improvements in Ind AS

Annual Improvements to Ind AS (2018) (Corresponding to Annual Improvements to IFRS Standards 2015–2017 Cycle issued by the IASB)Click here to downloadPlan Amendment, Curtailment or Settlement (Amendments to Ind AS 19, Employee Benefits) Click h

Indian Valuation Standards as issued by ICAI for valuation reports after 1st July 2018

ANNOUNCEMENTThe Institute of Chartered Accountants of India (ICAI) issues Valuation Standards as a benchmark for Valuation Practices applicable for Chartered Accountants Recognising the need to have the consistent, uniform and transparent valuation p

New ICAI incubation centre for startups in Mumbai

AnnouncementCommittee for Members in Industry & Business (CMI&B), ICAI seek applications from start-ups desiring space and facilities at incubation centres proposed at ICAI Bhawan, BKC, Mumbai.Keeping in view the limited seats available appli

Task Force takes pro-active on shell companies

Task Force on Shell Companies takes pro-active and coordinated steps to check the menace of shell companies• Compilation of a database of shell companies by SFIO• During Financial Year 2017-18 ROCs identified and removed from the register o

CBDT dedicates fortnight for pending appeal disposal

Redressal of public grievances and taxpayer service is an area of top priority for the CBDT and the Income Tax Department. In this connection, a fortnight from 1st June to 15th June, 2018 has been dedicated for expeditious disposal of pending appeal

Expression of interest to act as an IRP or Liquidator

Insolvency and Bankruptcy Board of India7th Floor, Mayur Bhawan, Connaught Place, New Delhi-1100016th June 2018To,All Registered Insolvency Professionals(By mail to registered email addresses and on website of the IBBI)Dear Madam/Sir,Subject: Express

Extension of date for online submission of form for claiming CPE hours

ANNOUNCEMENTFOR INFORMATION OF THE MEMBERSSubject: Extension of last date “for submission of Self Declaration form for claiming CPE Hours under Unstructured Learning Activities for the Calendar Year 2017” - from 31st May, 2018 to 30th Jun

President approves Promulgation of the Insolvency and Bankruptcy Code

The President today gave assent to promulgate the Insolvency and Bankruptcy Code (Amendment) Ordinance, 2018.The Ordinance provides significant relief to home buyers by recognizing their status as financial creditors. This would give them due repres

ICAI signs the Mutual Recognition Agreement with SAICA

The Institute of Chartered Accountants of India (ICAI) has signed the Mutual Recognition Agreement (MRA) with the South African Institute of Chartered Accountants (SAICA) on June 4, 2018 at SAICA HO, Johannesburg, South Africa.Signing of the Agreemen

ICAI asks GST council to host GST AAR rulings on a website