-
Posted Date : 17-Jan-2015 , 10:19:21 pm | Posted By CASANSAAR
The Reserve Bank of India released, on its website, the data related to the Census on Foreign Liabilities and Assets of Indian Companies for the year 2013-14. The Annual Census on Foreign Liabilities and Assets (FLA), 2013-14 covers Indian companies which submit comprehensive information on their ov...
Continue Reading... Category : Finance | Comments : 0 | Hits : 392
-
Posted Date : 17-Jan-2015 , 10:18:54 pm | Posted By CASANSAAR
A Special Investigation Team (SIT) has unearthed a multi-crore tax evasion scam in Haryana. Headed by an IGP-rank officer, the SIT submitted its report to Haryana Lokayukta Justice Pritam Pal on Thursday. According to the SIT report, prima facie an alleged tax evasion of over Rs 10,618 crore has bee...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 668
-
Posted Date : 17-Jan-2015 , 10:18:33 pm | Posted By CASANSAAR
One of the Greatest CA of all time passed away !!!!!!!!! A Big loss to our profession ... CA Rameshwar Thakur passed away for his heavenly abode .... May his soul RIP One of our All time Precious Jewel of our Esteemed Profession .. A person who gave a lot to the profession , In...
Continue Reading... Category : ICAI | Comments : 1 | Hits : 781
-
Posted Date : 17-Jan-2015 , 12:19:56 pm | Posted By CASANSAAR
Delhi High Court once again Adjourned the Tax Audit Deferment case to Monday in the case of Mahesh Kumar And Company Vs. Union Of India & Anr. – W.P.(C) 5990/2014 (Delhi High Court) CBDT Lawyer told the CBDT the Govt will suffer a loss of Rs.15K Crore if Date ...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 3632
-
Posted Date : 17-Jan-2015 , 12:18:19 pm | Posted By CASANSAAR
Gujrat High Court Adjourned the ITR Extension Case to Monday in the case of Rajni Mangaldas Shah V/S Central Board Of Direct Taxes (Gujrat High Court Replica Watches), SCA/12571/2014. After a long arguments Gujrat High Court agrees to extend the due date for ITR but wa...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 1777
-
Posted Date : 17-Jan-2015 , 12:16:48 pm | Posted By CASANSAAR
Matter came up for hearing after lunch. Deptt filed affidavit as per previous order that no penal action if return revised & income increased on basis of qualifications/ observations in TAR. Court opened their mind to dismiss the WP. Adv fake rolex Rashmi Chopra sought adjournment till tomo...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 8308
-
Posted Date : 16-Jan-2015 , 07:58:39 am | Posted By CASANSAAR
Market regulator Sebi on Thursday notified a stricter set of insider trading norms to check illicit transactions in shares of listed firms by management personnel and 'connected persons'. The new norms, which will revamp nearly two-decade old regulations on insider t...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 247
-
Posted Date : 15-Jan-2015 , 05:14:26 pm | Posted By CASANSAAR
RBI's deputy governor S.S. Mundra urged audit committees at domestic lenders to better monitor potential risks, including in loan assessments and in asset quality, to help improve the health of the banking system. Mundra added recent inspections by the central bank had found recurrenc...
Continue Reading... Category : RBI | Comments : 0 | Hits : 716
-
Posted Date : 15-Jan-2015 , 09:03:08 am | Posted By CASANSAAR
The Reserve Bank of India today cut the repo rate by 25 basis points to 7.75% with immediate effect. One basis point is one-hundredth of a percentage point. The CRR remains unchanged at 4%. The move comes after WPI inflation for December came in at 0.11%, margin...
Continue Reading... Category : RBI | Comments : 0 | Hits : 562
-
Posted Date : 15-Jan-2015 , 08:18:57 am | Posted By CASANSAAR
The corporate affairs ministry is rolling out a three-stage plan for implementation of the remaining 40% provisions of the new Companies Act and it wants to notify most of the remaining sections by the end of this year to facilitate transition to new law. In the next six months, the ministry pl...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 517
-
Posted Date : 15-Jan-2015 , 08:02:26 am | Posted By CASANSAAR
The Reserve Bank of India on Wednesday relaxed the norms for forex hedging for exporters and importers by allowing them to book forward foreign exchange contracts in excess of 50 per cent of the eligible limit. "It has now been decided that, henceforth, banks may permit aggregate outstandin...
Continue Reading... Category : RBI | Comments : 0 | Hits : 496
-
Posted Date : 14-Jan-2015 , 06:02:39 pm | Posted By CASANSAAR
13th January, 2015 IMPORTANT ANNOUNCEMENT The result of the Information Systems Audit [ISA] Assessment Test held on 27th December, 2014 is likely to be declared on 19th January, 2015 around 2.00 PM at the Institute’s office at New Delhi. The result of the above Assessm...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 468
-
Posted Date : 14-Jan-2015 , 05:58:59 pm | Posted By CASANSAAR
The result of the Chartered Accountants Final Examination held in November, 2014 and CommonProficiency Test (CPT) held in December, 2014 are likely to be declared on Monday, the 19th January,2015 around 2.00 P.M. and the same as well as the merit list (candidates securing a minimum of 55%and above m...
Continue Reading... Category : Students Zone | Comments : 0 | Hits : 773
-
Posted Date : 14-Jan-2015 , 08:54:15 am | Posted By CASANSAAR
Investigations against black money holders in Swiss bank accounts, known as the HSBC list, have been put on a fast-track as the CBDT has asked tax sleuths to quickly gather all foreign-based evidences in these cases and render final action by March-end. The latest development relates to the disclos...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 463
-
Posted Date : 13-Jan-2015 , 09:25:04 pm | Posted By CASANSAAR
At a time when the government has promised a more predictable tax regime as well as a far less aggressive one than under the previous administration, several foreign portfolio investors have been alarmed by moves to levyminimum alternate tax (MAT) on their capital gains from the market. ...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 368
-
Posted Date : 13-Jan-2015 , 08:59:27 am | Posted By CASANSAAR
THE CBI Monday questioned officers of the investigation wing of the Income-Tax department in Mumbai as part of its probe into a bribery racket that allegedly involves senior I-T officers in Mumbai and Chennai, middlemen and businessmen seeking income-tax relief. The CBI has seized 4 kg gold...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 1933
-
Posted Date : 13-Jan-2015 , 08:40:39 am | Posted By CASANSAAR
To make it convenient for taxpayers, an industry body has suggested 'e-hearing' to deal with tax disputes rather than insisting on physical appearance before assessment officers for trivial issues. The suggestion has been made by Assocham in a letter addressed to Prime Minister&nb...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 515
-
Posted Date : 12-Jan-2015 , 05:08:34 pm | Posted By CASANSAAR
The Assembly elections in Delhi, where the BJP and the Aam Aadmi Party (AAP) are raring for another face off, will be held on February 7 and counting will be held on February 10. Chief Election Commissioner VS Sampath said candidates will have to fill all columns in affidavit. ...
Continue Reading... Category : General | Comments : 0 | Hits : 437
-
Posted Date : 12-Jan-2015 , 01:14:47 pm | Posted By CASANSAAR
In a significant development, the Supreme Court on Monday issued notices to the Election Commission (EC) and the Centre directing them to take steps to ensure that NRIs are also able to vote. According to reports, an apex court bench headed by Chief Justice HL Dattu today said that the ...
Continue Reading... Category : General | Comments : 0 | Hits : 407
-
Posted Date : 12-Jan-2015 , 08:37:17 am | Posted By CASANSAAR
CBI smashed a major bribery racket allegedly involving senior Income Tax officials, Chartered Accountants and businessmen, arresting four persons including a Joint Commissioner of I-T department. In the operation which started yesterday across Mumbai and Chennai, the agency has so far arrested ...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 2240
-
Posted Date : 12-Jan-2015 , 08:30:46 am | Posted By CASANSAAR
RBI has put in place a new mechanism for grant of financial assistance to the NGOs and other entities seeking to take up activities related to education and awareness of bank depositors. Those eligible for such financial grants would include institutions, organisations and associations such as ...
Continue Reading... Category : RBI | Comments : 0 | Hits : 455
-
Posted Date : 10-Jan-2015 , 05:15:42 pm | Posted By CASANSAAR
The Reserve Bank of India (RBI) today said dilution of government holding in public sector banks (PSBs) may not be sufficient for meeting Basel III capital adequacy norms. “Recently, it has been reported that the Government of India is contemplating scaling down their holdings in PSBs...
Continue Reading... Category : RBI | Comments : 0 | Hits : 388
-
Posted Date : 10-Jan-2015 , 01:53:28 pm | Posted By CASANSAAR
Railway Minister Suresh Prabhu has invited suggestions from the public to make the forthcoming Railway Budget citizen-oriented. The aim of such an engagement is to help Railways come closer to citizens and better understand challenges that they experience and ensure that most important areas fr...
Continue Reading... Category : Budget | Comments : 0 | Hits : 586
-
Posted Date : 10-Jan-2015 , 08:46:06 am | Posted By CASANSAAR
The Tamil Nadu National Law School, Tiruchi on Thursday signed a memorandum of understanding with the Institute of Company Secretaries of India (ICSI), New Delhi. Professor N. Murugavel, Vice-Chancellor, The Tamil Nadu National Law School, and R. Sridharan, president, ICSI, signed the memor...
Continue Reading... Category : ICSI | Comments : 0 | Hits : 1023
-
Posted Date : 09-Jan-2015 , 09:14:45 pm | Posted By CASANSAAR
Based on the recommendations of Foreign Investment Promotion Board (FIPB) in its meeting held on 19thDecember 2014, the Government of India has approved twelve (12) proposals of Foreign Direct Investment (FDI) amounting to Rs.1827.24 crore approximately. &...
Continue Reading... Category : Finance | Comments : 0 | Hits : 435
-
Posted Date : 09-Jan-2015 , 05:34:41 pm | Posted By CASANSAAR
New Draft of Twelve Income Computation and Disclosure Standards (ICDS) has been Uploaded on the Finance Ministry and Income-Tax Department Website for Seeking Comments from Stakeholders and General Public by 8th February, 2015 &n...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 1271
-
Posted Date : 09-Jan-2015 , 08:52:04 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) Thursday revised the guidelines for leverage ratio framework under the Basel III and the relevant disclosure norms. The central bank said banks operating in India are required to make disclosure of the leverage ratio and its components from the date...
Continue Reading... Category : RBI | Comments : 0 | Hits : 745
-
Posted Date : 08-Jan-2015 , 02:17:17 pm | Posted By CASANSAAR
Private sector Kotak Mahindra Bank has secured its shareholders' approval for amalgamation of Bangalore-based ING Vysya Bank with itself. In November, Kotak Mahindra Bank had announced the buyout of ING Vysya Bank in an all-stock deal valued at Rs 15,000 crore. The Extraordinary General Meeting of...
Continue Reading... Category : Merger & Acquisitions | Comments : 0 | Hits : 554
-
Posted Date : 08-Jan-2015 , 08:59:46 am | Posted By CASANSAAR
Now receive Regular Professional update via WhatsApp /email / BBM from CASANSAAR.COM. This free subscription will entitle you to faster complete updates. Receive Professional, Tax and Career related updates in your mobile / email inbox and stay ahead in your professional life.Some fea...
Continue Reading... Category : General | Comments : 0 | Hits : 2036
-
Posted Date : 08-Jan-2015 , 08:45:48 am | Posted By CASANSAAR
On the heels of ushering in new dispute resolution mechanism, the CBDT has appointed 15 commissioners as members of the newly set up five dispute resolution panels (DRPs). These 15 commissioners will staff the five DRPs set up in Delhi (two panels), Mumbai (two panels) and Bengaluru (one DR...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 444
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
Professional News For CA,CS,CMA.Fresh Accounting News Articles On Income Tax,Service Tax,Sales Tax, Vat,Company Law,RBI,CAG,Custom,Excise On CASANSAAR
