CAclubindia News

ICAI issues Accounting Standard for Local Bodies

30 May 2018 at 16:20

The Committee on Accounting Standards for Local Bodies (CASLB) is formulating Accounting Standards for Local Bodies (ASLBs) since March, 2005 to improve financial reporting for local bodies. So far, the Committee has issued thirteen ASLBs including o

Posted in Accounts | 5841 Views

Ready Reckoner on regulatory aspects of ICAI for Members & CA Firms

30 May 2018 at 16:20

Publication of E-Book on �Ready Reckoner on Regulatory Aspects of ICAI for Members & CA Firms�: An Initiative of the Committee for Capacity Building of Members in Practice (CCBMP), ICAIThe Committee for Capacity Building of Members in

Posted in Professional Resource | 4980 Views

CAs made ineligible to determine FMV of unquoted shares : ICAI sends representation

30 May 2018 at 11:35

CONCERNS OF ICAI ON AMENDED RULE 11U AND RULE 11UA VIDE NOTIFICATION N0. 23/2018, Dated 24th MAY, 2018 ISSUED BY THE CBDTRule 11UA provides for the manner of determining the fair market value of various specified assets under section 56 of th

Posted in Career | 15630 Views

Tracking ARN for Exports now available on GST Portal

30 May 2018 at 11:35

The system will now give one of following status:a) Refund confirmation received from ICEGATE on <date>: This implies that the ICEGATE has completed the processing and has reverted with confirmation to the GST System.b) Refund record rejected b

Posted in GST | 8181 Views

Dates for CS Mega placement drive

29 May 2018 at 11:06

The Institute keeps dedicating its energies towards supporting the new members by providing suitable platform to find appropriate employment opportunities as done in the past years. Accordingly, the Institute is organising Mega Placement Drive in eve

Posted in Career | 6465 Views

No change of GST implication for farmers

28 May 2018 at 18:07

No change in the GST law and taxation relating to farmers since July, 2017; Support Services to agriculture, forestry, fishing or animal husbandry are exempt from GST; Agriculturists are also exempted from taking GST Registration.It has been reported

Posted in GST | 3555 Views

RBI appoints a CA as its first CFO

28 May 2018 at 12:22

Sudha Balakrishnan, a Chartered Accountant, has been appointed as the first Chief Financial Officer (CFO) of the Reserve Bank of India as effective from May 15.She was till recently the vice president with the NSDL, India�s largest depository b

Posted in Career | 8 comments | 9051 Views

Taxpayers guide on GSTR-5A filing

28 May 2018 at 11:18

Taxpayers guide on whether GSTR-5A can be filed after making part payment of taxesTaxpayers guide on filing GSTR-5A for current period if return for previous period has not been filedTaxpayers guide on the details required to be furnished in GSTR-5A

Posted in GST | 1 comments | 8472 Views

All ITR 1 to 7 available for efiling now

28 May 2018 at 11:18

All ITR 1 to 7 available for efiling now

Posted in Income Tax | 2 comments | 6954 Views

Three months extension to task force drafting new Direct tax law

25 May 2018 at 11:24

Extension of time by three months of the Task Force for drafting a New Direct Tax LegislationA Task Force was constituted by the Government of India in November, 2017 to review the existing Income-Tax Act, 1961 and to draft a New Direct Tax law in co

Posted in Income Tax | 3 comments | 8028 Views