CAclubindia News

ICAI council Approves Accounting Standard (AS) 32,

19 May 2008 at 16:49

The Council of the Institute has approved Accounting Standard (AS) 32, Financial Instruments: Disclosures. The objective of this Accounting Standard is to require entities to provide disclosures in their financial statements to enable users to evalua

Posted in Accounts | 18057 Views

Notification on AS by CG under Companies Act

16 May 2008 at 10:46

The Government recognises the importance of financial reporting in providing essential financial information about the company to its shareholders and other stakeholders, as an integral and important part of good corporate governance. Such informatio

Posted in Accounts | 9681 Views

Lawyers can't take up sales tax audit...CAs can

14 May 2008 at 11:27

Apex court says only chartered/ cost accountants are eligible In a major set back to a large number of lawyers who also perform the job of auditing and verifying sales tax returns, the Supreme Court

Posted in Audit | 2 comments | 9465 Views

IPO refunds are history, new rule in

14 May 2008 at 11:23

Sebi says investors can apply without having to transfer cash Author : N Sundaresha Subramanian/DNAMany investor complaints can be avoided by making some systemic changes, the chairman of the Securities and Exchange Board of India

Posted in Shares & Stock | 4 comments | 13017 Views

CBEC exceeds target in recovering arrears of revenue

14 May 2008 at 11:03

The Central Board of Excise & Customs (CBEC) has exceeded its target in recovering arrears of revenue fixed for the financial year 2007-08. As against the target of Rs. 3550 crore, the department has collected Rs. 5035 crore, which is 42% higher

Posted in Custom | 8664 Views

Post Budget notifications giving effect to prov of Finance Act 08

13 May 2008 at 11:17

The Finance Bill, 2008 received the assent of the President of India on the 10th May, 2008 and consequently the Finance Act, 2008 is being published in the Gazette of India dated 10th May, 2008 as Act No.18 of 2008. Central Government has issued s

Posted in Income Tax | 7737 Views

The Finance Bill, 2008 passed on 10th May 2008

12 May 2008 at 10:47

Posted in Corporate Law | 1 comments | 13800 Views

Download CA Final May 2008 question papers

11 May 2008 at 14:19

To download 1st group CA Final May 2008 question papers click on the links below :Q paper Accounts Final may 08Q paper Mafa Final may 08Q paper Audit Final may 08Q paper Law Final may 08Costing May 08 Q paper FinalDirect tax May 08 Q paper FinalIndir

Posted in Students | 1 comments | 50196 Views

Comodities transaction tax to come into force by July

07 May 2008 at 14:12

The CTT, which will be administered by the Central Board of Direct Taxes (CBDT), will be levied at the rate of 0.017 per cent on sellers of commodity futures as well as options. Purchasers of options, who exercise them, will pay 0.125 per cent on the

Posted in Others | 4572 Views

Expect lobbying for perpetual STPI to continue

03 May 2008 at 16:33

Author : C Chitti Pantulu/DNA-Daily News & Analysis Brokerages and analysts are reworking their numbers to re-rate IT counters following the government's decision to extend the Software Technology Parks of India (STPI) scheme for one more year. Finan

Posted in Income Tax | 4107 Views