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COP of CA can be used as KYC document

   01 June 2012 at 12:27

RBI/2011-12/579 DNBS(PD).CC. No 275/03.10.42/2011-12 May 29, 2012 All Non Banking Financial Companies / Residuary Non Banking Companies Dear Sir, Know Your Customer (KYC) guidelines - accounts of proprietary concerns A reference is invit

Posted in Community & General  6 comments |   15423 Views


Provisional Accounts for 2011-12 Released

   01 June 2012 at 11:38

Provisional Accounts for 2011-12 were released today. As per the Provisional accounts: · Fiscal deficit for 2011-12 is 5.76% of GDP vis-a-vis RE 11-12 of 5.9%; · Revenue deficit for 2011-12 is 4.34% of GDP vis-a-vis RE 11

Posted in Community & General  1 comments |   9492 Views


ICAI e-Journal (June 2012)

   01 June 2012 at 11:38

ICAI e-Journal (June 2012)

Posted in Community & General  2 comments |   21618 Views


Clarification Regarding Reopening of Completed Assessments on Accounts of Clarificatory Amendments Introduced by Finance Act, 2012

   01 June 2012 at 11:37

The Finance Act, 2012 has introduced certain clarificatory amendments in section 2 clause (14), Section 2 clause (47), Section 9 and Section 195, of the Income Tax Act, 1961 ("Act"), with retrospective effect from 01.04.1962 or 01.04.197

Posted in Income Tax |   7572 Views


Revised Composition of the Group to Examine the Circular dated 12th August, 2011 of Reserve Bank of India

   01 June 2012 at 10:44

Council Affairs/M-626/2012 30th May, 2012 ALL MEMBERS OF THE COUNCIL Madam/Dear Sir, In partial modification of our communication of even number dated 17th May, 2012 regarding constitution of a Group to examine the circular dated 12th August

Posted in Community & General |   4590 Views


ICAI - President's Message - June 2012

   01 June 2012 at 10:19

Economists across the globe have extended countless explanations for the recurring trend of economic meltdown, now a part of business cycle.

Posted in Community & General  2 comments |   7572 Views


Upgraded LLP e-Governance in MCA21 and Non-Availability of LLP Services for 10 days from 1st June, 2012

   31 May 2012 at 15:12

MINISTRY OF CORPORATE AFFAIRS GOVERNMENT OF INDIA DEAR CORPORATES, IN OUR CONTINUED ENDEAVOR TO ENHANCE THE SERVICES TO STAKEHOLDERS, MCA ANNOUNCES LAUNCH OF UPGRADED LLP REGISTRY FROM 11TH JUNE 2012. STAKEHOLDERS WILL NOW HAVE FACILITY OF ONL

Posted in Corporate Law  1 comments |   5721 Views


Pranab Mukherjee Issues clarification on Retrospective Amendment and Transfer Pricing

   30 May 2012 at 15:43

Statement of Union Finance Minister, Shri Pranab Mukherjee Regarding Issues of Retrospective Amendment and Transfer Pricing On the issue of retrospective amendment, Union Finance Minister, Shri Pranab Mukherjee has said that he had given a commi

Posted in Income Tax |   12138 Views


Makes Service Tax (Settlement of Cases) Rules, 2012

   30 May 2012 at 15:28

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY PART II, SUB-SECTION (I) OF SECTION 3] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 16/2012- Service Tax New Delhi, the 29th May, 2012

Posted in Service Tax |   7911 Views


Biggest IT dept in India to be inaugurated by FM today

   30 May 2012 at 10:33

Union Finance Minister, Shri Pranab Mukherjee will inaugurate the biggest office building of the Income tax Department in India tomorrow. The building will house the offices of salary charges, non-corporate charges, International Taxation, Exempti

Posted in Income Tax  1 comments |   11568 Views



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