CAclubindia News


Ind AS 116, Leases - A New Era of Accounting for Lease contracts by Lessees

 01 April 2019 at 22:49

In the larger interest of the Indian economy and industries, the ICAI always endeavours to ensure that Indian Accounting Standards (Ind AS) Framework remains converged at all time with globally acceptable IFRS Standards. The ICAI continuously monitor

Posted in Accounts |   7761 Views


Expert Panel for addressing Bank branch audit queries formed by ICAI

 01 April 2019 at 22:49

AUDITING AND ASSURANCE STANDARDS BOARDCONSTITUTES EXPERT PANEL FOR ADDRESSING BANK BRANCH AUDIT RELATED QUERIES FOR THE FINANCIAL YEAR 2018-19 Dear Members,The bank audit season is around the corner. Given the fact that the banking industry is typica

Posted in Audit |   2973 Views


Highest GST collection in March crosses 1 lac crore

 01 April 2019 at 22:50

GST Revenue collection for March, 2019 crossed Rupees One Lakh Crore and recorded Highest Collections in the FY 2018-19 

Posted in GST |   3357 Views


AGILE- An all new e-form for GST, EPFO and ESIC registration

 01 April 2019 at 11:37

Companies (Incorporation) Third Amendment Rule,2019

Posted in GST |   9906 Views


Ind AS applicable from 1st April 2019

 01 April 2019 at 11:37

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,SECTION 3, SUB-SECTION (i)]GOVERNMENT OF INDIAMINISTRY OF CORPORATE AFFAIRSNOTIFICATIONNew Delhi, the 30th March, 2019G.S.R���. (E).� In exercise of the power

Posted in Accounts |   9537 Views


FAQ on UDIN for Bank Audit

 01 April 2019 at 11:37

With effect from 1st April, 2019, UDIN is being made mandatory for GST & Tax Audit Reports and also considering the fact that Bank Audit is about to commence, UDIN Monitoring Group has come out with detailed FAQs on UDIN for Bank Audit. A. About

Posted in Audit |   5394 Views


ICAI President message on the beginning of new accounting year

 01 April 2019 at 11:37

My dear Professional Colleagues,As the poll season reaches its climax, the stage is all set for festival of democracy in India. In the 17th Lok Sabha elections, the biggest democratic elections in the history of mankind, about 900 million people will

Posted in Professional Resource |   1809 Views


Last date to link PAN with Aadhaar extended to 30th Sep 2019

 01 April 2019 at 11:37

Government of IndiaMinistry of FinanceDepartment of RevenueCentral Board of Direct Taxes New Delhi, 31st March, 2019CBDT issues clarification on linking of PAN with AadhaarIt has been reported in some sections of the media that those PANs which are n

Posted in Income Tax |   1 comments |   4956 Views


Multiple notification issued to clarify GST related issues

 30 March 2019 at 13:17

Notification to extend the due date for furnishing of FORM GST ITC-04 for the period July 2017 to March 2019 till 30th June 2019 issued.Seeks to clarify verification for grant of new registration.Seeks to clarify issues in respect of transfer of inpu

Posted in GST |   12534 Views


Ind AS 116 on Leases applicable from 1st April,2019

 30 March 2019 at 11:44

The stakeholders may note that Ind AS 116, Leases shall be applicable with effect from 01st April, 2019 and necessary notification for the same shall be issued in due course after complying with the necessary procedure.http://www.mca.gov.in/

Posted in Accounts |   5742 Views



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