Latest Expert Exchange Queries
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) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: VAT Audit :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: cpt :: list of goods taxed at 4% :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: VAT RATES :: form 3cd :: empanelment :: TDS
 
 
« News Headlines »
 Income-tax (17th Amendment) Rules, 2017
 GST: One nation, one market, one tax
 Ready or not, businesses brace for biggest-ever tax reform
 Ready or not, businesses brace for biggest-ever tax reform
 Make your inventory and invoicing software GST Ready from Binarysoft
 Filing income-tax returns gets simpler for salaried persons
 Ten rules you must follow while filing income tax returns
 Reforming the income tax tribunal
 How the new system might impact consumers and businesses
 10 ways you get benefited from filing your tax return
 Returns under CGST Act,2017 with Rules

ICAI to probe fund inflows into PwC Indias arms
January, 18th 2012

Auditing regulator Institute of Chartered Accountants of India (ICAI) on Tuesday said it will look into reports of money inflows into several Pricewaterhouse-Coopers (PwC) India entities, including the group's audit firms Price Waterhouse (PW) and Lovelock & Lewes (LL).

ICAI president G Ramaswamy said the institute will inquire into the matter, which was highlighted in a report in TOI's Tuesday edition. "We will look into this and whether any external money came into the audit firms," Ramaswamy said. He refused to comment on whether any notice would be served on the PwC India entities. "I cannot say anything specific on this matter at the moment."

Several PwC India entities would have ended 2010-11 with losses had it not been for large amounts of "sundry income" received from undisclosed sources, which amounted to over Rs 200 crore.

But for the money, each of these entities - including consulting company PricewaterhouseCoopers Pvt Ltd (PwCPL) - would have been in the red, presenting a grave risk to their ability to retain their highly-specialized workforce as well as their capacity to operate and service clients comfortably

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software 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