Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: Central Excise rule to resale the machines to a new company :: cpt :: list of goods taxed at 4% :: empanelment :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: due date for vat payment :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: VAT Audit :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS
 
 
« News Headlines »
  I-T department asks taxpayers to update their information on e-filing portal
  How to check income tax refund status
 GST panel to consult MSMEs in October end to further ease tax rigour
  How to check income tax return status
 Been Served a Notice by the Income Tax Department? Here’s How You Can Respond
 Seeks to amend the CGST Rules, 2017 - 45/2017 - Central GST (CGST)
 Government provides clarity on tax rate
 Processing of returns in Form ITR-I under section 143(1) of the Income-tax Act, 1961
  Filing of Reconciliation return in form 9 for the year 2016-17
  Today is last date for filing GSTR-1 forms for July; govt rules out further extension
 Today is last date for filing GSTR-1 forms for July; govt rules out further extension

After losing Rs 10 lakh, 2 take on PwC
January, 09th 2009

As the truth about Satyam Computers accounting discrepancies emerged, two Mumbai investors shocked at their Rs 10 lakh lossfiled a complaint on  Wednesday with the Serious Fraud Investigation Office (SFIO), New Delhi, seeking an enquiry against PricewaterhouseCoopers (PwC) for the auditing fraud.

Shaunak Sayta and Kunjal Punamiya, Napean Sea Road residents, who jointly owned stocks in the once blue-chip company, lost no time in approaching their lawyer Hitesh Jain to shoot off complaint letters to SFIO, the disciplinary committee at the Institute of Chartered Accountants of India, PwC and two of its partners in Hyderabad. SFIO had been set up in the wake of several stock market scams and vanishing companies in 2003 by the union ministry of corporate affairs to investigate serious corporate frauds.

"The investors are feeling cheated. We came across various lapses and oversight which have been overlooked by PwC and its partners Srinivas Talluri and S Gopalkrishnan in connivance with the management of Satyam Computer Services, while auditing the companys books," the investors said. They said if an inflated cash balance to the tune of Rs 5,040 crore escapes the eye of the auditor, it raises serious questions regarding the involvement of PwC in orchestrating such a huge fraud in connivance with people in management.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Web Application Development Web based Software Solution Web Application Deployment Web Application Solutions Web Application Software Development Web Application Deployment Web Application Programming Web Application Design and Development

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions