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ICAI Appeal to contribute for Kerala Relief Fund

   20 August 2018 at 13:55

AppealICAI Kerala Flood Relief FundThe recent flood in the state of Kerala has caused extensive devastation. A large number of people have died and thousands have been rendered homeless.At this moment, the affected people in Kerala need help to tide

Posted in Professional Resource  3 comments |   5673 Views


Clause 30C in TAR - 3CD to kept in Abeyance

   20 August 2018 at 13:55

Circular No. 6/2018F. No. 370142/9/2018-TPLGovernment of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct TaxesTPL DivisionNew Delhi, Dated the 17th of August, 2018Order under section 119 of the Income-tax Act, 1961Section 44AB of

Posted in Audit |   4368 Views


Last date for MEF submission extended to 5th Sep due to Kerala floods

   20 August 2018 at 12:53

As our Members are aware that Kerala is facing its worst flood in 100 years, with 80 dams opened and all rivers in spate. A body blow has been dealt to the scenic state, with its infrastructure, standing crops and tourism facilities severely hit. Apa

Posted in Audit |   2475 Views


Exposure draft of ASLB 23, 'Revenue from Non-Exchange Transactions (Taxes and Transfers)

   17 August 2018 at 11:27

The Committee on Accounting Standards for Local Bodies (CASLB) has been formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005. So far, the Committee has issued fifteen ASLBs. Moving forward in this

Posted in Accounts |   4326 Views


Results Declared for CFA Level 1 and Level 2 June 18 Exams

   14 August 2018 at 19:20

CFA Institute has released results for CFA Level 1 and Level 2 June 2018 exams has been declared. You can easily access the results for Level 1 and Level 2 on the www.cfainstitute.org or at https://examresult.cfainstitute.org/CFA Candidates are advis

Posted in Students  16 comments |   10338 Views


ICAI issues election code of conduct for members

   13 August 2018 at 10:51

ELECTION 2018No. 54-EL(1)/2/2018 10th August, 2018To,The Chairperson/Chairmen of All Regional Councils/BranchesMadam/Dear Sir,Sub: Publication of Newsletters and the like, in any form, vis-a-vis Election Code of Conduct. As you may be aware, the n

Posted in Professional Resource |   4587 Views


Simplified filing of GST Returns

   11 August 2018 at 17:48

The Goods and Services Tax Council has simplified the return filing process for small businesses. The GST Council, in its 28th meeting held on 21st July, 2018 in New Delhi, in principle approved the new return formats and associated changes in law f

Posted in GST  1 comments |   7113 Views


Data related to GST Compensation to states

   11 August 2018 at 17:48

Government has compensated to the States/UTs for the reported revenue deficit on account of implementation of Goods and Services Tax (GST). As per provisions in Section 7 of the GST (Compensation to States) Act, 2017 loss of revenue to the States on

Posted in GST |   4614 Views


SEBI issues guidelines to Control Black Money in Share Market

   11 August 2018 at 17:48

Securities and Exchange Board of India (SEBI), vide circular dated April 27, 2007, has mandated that PAN would be the sole identification number for all participants transacting in the securities market, irrespective of the amount of transaction.Sche

Posted in Income Tax |   4095 Views


SFIO arrests MD of Bhusan Steel in connection with Investigation into affairs of the Company

   10 August 2018 at 10:55

Serious Fraud Investigation Office (SFIO) arrests Mr. Neeraj Singhal in connection with investigation into the affairs of Bhushan Group of CompaniesMr. Neeraj Singhal, erstwhile Promoter and Managing Director of Bhushan Steel Limited was arrested by

Posted in Corporate Law  3 comments |   4440 Views



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