CAclubindia News

Major Changes in TDS and TCS Compliances

31 March 2009 at 15:18

NOTIFICATION NO 31/2009, Dated: March 25, 2009In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-ta

Posted in Income Tax | 4 comments | 25377 Views

PAN Card charges Increased from 1st April 09

31 March 2009 at 14:53

W.e.f. 01.04.2009 the NSDL has stepped up the cost for PAN card (New PAN / Change / Correction) from present Rs. 60 plus Service Tax to Rs 85 plus service Tax. Thus, now one will have to pay Rs.94.

Posted in Taxpayers | 25 comments | 62142 Views

Empanelment as Peer Reviewer with the Peer Review Board

30 March 2009 at 16:21

The global & national economic environment has in recent times been featured by the turbulences on the financial scenario following the unearthing of the frauds and procedural and financial malpractices. The credibility of the opinion expressed b

Posted in Career | 6492 Views

AS 11 breather

30 March 2009 at 14:09

Author : Pallavi Pengonda/DNAReported profits of companies are likely to be better for the quarter ending March following the expected suspension of the revised Accounting Standard 11 (AS 11) mark-to-market (MTM) accounting rule.The National Advis

Posted in Accounts | 1 comments | 14715 Views

Suggestion to members who have been alloted Stat Bank Audit

30 March 2009 at 13:07

Timely and Quality completion of bank audit assignments has always been a challenging task for all the auditors. Standards have to be followed and deadlines are to be set. I am sure, by this time of the year you have already planned to undertake bank

Posted in Audit | 4 comments | 10515 Views

Tougher regulations for CAstudents!!

27 March 2009 at 23:40

The following decisions taken by the Council of the Institute are brought into force immediately for compliance by the Students / Members concerned. It is advised that required compliance be made by the concerned students / members. I

Posted in Students | 159 comments | 55446 Views

ICAI panel of Arbitrators

27 March 2009 at 15:16

The Institute of Chartered Accountants of India (Institute) recognises that in the emerging globalised scenario, the Alternative Dispute Resolution (ADR) system is a cost and time effective alternative to the heavily overburdened Courts. Apprec

Posted in Career | 5691 Views

Auditors Responsibilities Relating to Restructuring of Adv

27 March 2009 at 15:12

1. Attention of the members carrying out audit of financial statements of banks for the year ended March 31, 2009, is drawn to Reserve Bank of India’s circular no. DBOD.BP.BC.No.105/21.04.132/2008

Posted in Audit | 5103 Views

ICAI pitches for independent appointment of bank auditors

26 March 2009 at 17:15

RBI recommendations should be followed in appointments Author : DNA Money CorrespondentThe Institute of Chartered Accountants of India has demanded that the appointment of auditors in the public sector and private sector banks should be made on the b

Posted in Audit | 8088 Views

Crisis makes companies to look for divestments

25 March 2009 at 14:02

53% of respondents in E&Y survey mull divestments for various reasons Author : DNA Money CorrespondentThe financial crisis and subsequent slowdown in the economy have given enough reasons to the business community for divesting their assets

Posted in Corporate Law | 5955 Views