CAclubindia News

Mandatory application of Cost Accounting Standards

24 April 2009 at 14:13

The Council of the ICWAI at its 251st Meeting held on 12-13 February 2009 decided as below:Mandatory application of Cost Accounting Standards“RESOLVED THAT the following Cost Accounting StandardsCAS 1: Classifications of CostsCAS 2: Capacity De

Posted in Accounts | 10 comments | 31170 Views

SC upholds Sebi supremacy over unregistered cos

22 April 2009 at 16:10

Author : Rakesh Bhatnagar/DNASays SAT has no discretionary power on issues under Sec 12(1) of Sebi ActThe Securities and Exchange Board of India (Sebi) won a crucial judgment in the Supreme Court against the Securities Appellate Tribunal (SAT), which

Posted in Corporate Law | 11310 Views

Service Tax on Commercial Rent Held Unconstitutional

21 April 2009 at 12:44

The Delhi High Court has struck down the levy of service tax on rentingof immovable property as "unconstitutional", while deciding 26 writ petitions of different petitioners, by a combined order. The division bench of the Delhi High Court c

Posted in Service Tax | 18 comments | 50325 Views

Study circle formed for members in industry

19 April 2009 at 00:39

ICAI moves closer to its Members in Industry. Formation of Study Circles for Members in Industry ICAI has achieved recognition as a premier accounting body not only in the country but also globally, for its contribution in the fields of education, pr

Posted in Career | 10203 Views

Specimen Multipurpose Empanelment Form 2009-10

19 April 2009 at 00:28

Specimen Multipurpose Empanelment Form 2009-10Professional Development Committee (PDC) is pleased to host the thoroughly revamped Multipurpose Empanelment Form (MEF) for the year 2009-10. The new form has been comprehensively revised to make it user

Posted in Audit | 3 comments | 15579 Views

Membership and Certificate of Practice Fee for the yr 09-10

18 April 2009 at 22:56

Membership and Certificate of Practice Fee for the year 2009-2010 FOR THE ATTENTION OF MEMBERSMembership and Certificate of Practice Fee for the year 2009-2010 Annual Membership and Certificate of Practice fee for the year 2009-2010 was payable

Posted in Career | 1 comments | 15384 Views

Transfer forms received before 30th April are valid

15 April 2009 at 17:42

Transfer of ArticlesFurther to the announcement dated 27th March, 2009, the transitional difficulties being experienced by members and students in the matter of transfer of articles, effected on or prior to 27th March, 2009 was considered by the Inst

Posted in Students | 48 comments | 39000 Views

Online filing of I-T returns quadruples

14 April 2009 at 10:33

Jumps to 5.8 lakh in 2008-09 vis-à-vis 1.43 lakh a year ago Author : Khyati Dharamsi/DNAThe online mode of filing tax returns seems to be gaining popularity with the aam admi. According to the income tax department data, online fi

Posted in Taxpayers | 7 comments | 45687 Views

Measures initiated by ICAI for revisiting AS 11

09 April 2009 at 11:33

Measures initiated by ICAI for revisiting Accounting Standard (AS) 11, The Effects of Changes in Foreign Exchange RatesCA. Uttam Prakash Agarwal, President, The Institute of Chartered Accountants of India (ICAI) re-iterated the Institute's desire

Posted in Accounts | 1 comments | 23088 Views

Peer review for audit firms of Listed Company

08 April 2009 at 14:35

Members may be aware that the Council had accepted the recommendation of Securities & Exchange Board of India (SEBI) that audit of listed companies shall be carried out by the auditors who have undergone Peer Review Process and have been issued P

Posted in Audit | 30591 Views