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: ACCOUNTING STANDARDS :: empanelment :: ACCOUNTING STANDARD :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT Audit :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: list of goods taxed at 4% :: VAT RATES :: Central Excise rule to resale the machines to a new company :: TAX RATES - GOODS TAXABLE @ 4% :: cpt :: articles on VAT and GST in India :: form 3cd :: TDS
 
 
« News Headlines »
 Quarterly GST returns filing may be extended to all companies
 How many times one can revise tax returns?
 Income tax exemption for FY19
 How will the new provisions really work?
 How to save income tax? Best tips for young earners
 Forgot to verify your income tax return? Here's help
 Notification of Government e-Marketplace (GeM) under section 138 of the Income-tax Act
 Income tax returns can be filed even if you missed deadline
 What is the difference between a tax return and a tax refund?
 Improving tax compliance in India
 How to invest in the new LTCG tax regime

ICAI group on black money to submit report soon
May, 02nd 2012

An Institute of Chartered Accountants of India (ICAI) core group mining data on black money and benami transactions will submit its report to government soon.

Mr Jaydeep Narendra Shah, President, ICAI, announced this here on the occasion of the 40{+t}{+h} anniversary of the Thiruvananthapuram branch.

POLITICAL' AUDIT

Following an Election Commission request, the ICAI recently released a guidance note covering uniform accounting and auditing framework for political parties.

It outlines uniform practices and formats for financial statements, including disclosure of income, assets and liabilities.

The ICAI has also offered assistance to capital market regulator Securities and Exchange Board of India to monitor market intermediaries.

It is willing to help the SEBI forensic cell to verify company disclosures in IPO offer documents and investigate cases involving financial irregularities.

The institute has also been organising investor awareness programmes to educate the public about the intricacies of the capital markets, Mr Shah said.

GUIDANCE NOTES

More than 750 such programmes have been conducted through ICAI branches and resource persons across India in the past two months.

The ICAI has issued three guidance notes for its members on accounting in real estate, oil & gas and other energy related sectors.

Real estate, where companies currently have no uniform system to recognise their incomes, is expected to benefit greatly from the new guidance notes.

Accrual basis of accounting and ICAI accounting standards will be implemented in all educational institutions administered by the Department of Higher Education.

The Ministry of Human Resources Development has accepted ICAI proposals to this effect, Mr Shah said.

INDEPENDENT AUDIT

The ICAI has also proposed independent audits for all co-operative societies and NGOs to improve transparency.

It is working to create a knowledge portal for its members practising in these sectors.

Several post-qualification certifications are being offered at various centres. A new certificate course in international taxation was announced for Thiruvananthapuram.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2018 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