CAclubindia News

IBBI conducts online valuation exam for valuers

31 March 2018 at 12:21

Insolvency and Bankruptcy Board of India commences conduct of online valuation examinations for registration of ValuersInsolvency and Bankruptcy Board of India (IBBI) is commencing on tomorrow, 31st March, 2018, the conduct of online Valuation examin

Posted in Corporate Law | 7413 Views

Revised standard on Joint Audit of Financial statements

30 March 2018 at 12:20

IntroductionScope of this SA1. The practice of appointing more than one auditor to conduct the audit of large entities has been in vogue for a longtime, sometimes voluntarily by the shareholders or sometimes due to the requirements of laws or regulat

Posted in Audit | 4185 Views

IBBI notifies amendment to Insovency and bankruptcy board

29 March 2018 at 12:12

IBBI Notifies Amendments to The Insolvency and Bankruptcy Board of India (Insolvency Professionals) Regulations, 2016The Insolvency and Bankruptcy Board of India (IBBI) has evolved a transparent and consultative process for making regulations. It has

Posted in Corporate Law | 2673 Views

KYC Requirement for Customers Using Mobile Wallets

29 March 2018 at 12:12

As per Reserve Bank of India (RBI)’s related Master Direction dated October 11, 2017 as updated on December 29, 2017, since Prepaid Payment Instruments (PPI) Issuers are operating a payment system, provisions of Prevention of Money Laundering A

Posted in Others | 1 comments | 3699 Views

CBEC simplifies Anti-Profiteering Application Form

29 March 2018 at 12:12

CBEC simplifies Anti-Profiteering Application Form (APAF – 1)The same can be downloaded from the attachment as mentioned below.

Posted in GST | 3021 Views

Amount paid to states under GST

29 March 2018 at 12:12

Balance claim of States under GST The Government is providing claims to the States under GST. As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States shall be calculated and compensation for loss of

Posted in GST | 3753 Views

ICAI President message on NFRA, PNB and other matters

29 March 2018 at 10:21

My dear Professional Colleagues,It is important to empathise that carte blanche of ubiquitous nature which has been discernible for the chartered accountancy profession has been due to path of rectitude that the Chartered Accountancy profession has a

Posted in Professional Resource | 2532 Views

ICAI group for examining SC judgement on MNC accounting firms

28 March 2018 at 10:41

No.M-626/08/MAF&PWC/2018 ALL MEMBERS OF THE COUNCILMadam/Dear Sir,Sub.: Constitution of a Group to examine the issues arising out of the Judgement dated 23.02.2018 of the Hon’ble Supreme Court in the matter of operation of Multinational A

Posted in Accounts | 1 comments | 4488 Views

Income tax office to remain open on 29th,30th and 31st March

28 March 2018 at 10:41

The last date for filing belated returns for Assessment Years 2016-17 and 2017-18 and revised returns for Assessment Year 2016-17 is 31st March, 2018. The Financial Year 2017-18 closes on 31st March, 2018 which is a Saturday. 29th & 30th March, 2

Posted in Income Tax | 6 comments | 6315 Views

GST revenue collection for feb stands at Rs 85174 crore

28 March 2018 at 10:41

GST revenue collections for February 2018 (received in February/March upto 26th March) stand at Rs. 85,174 crore; Rs. 14,945 crore collected as CGST, Rs. 20,456 crore collected as SGST; Rs. 42,456 crores collected as IGST and Rs. 7,317 crores collect

Posted in GST | 2 comments | 7089 Views