-
Posted Date : 03-May-2020 , 08:40:59 am | Posted By CASANSAAR
The members have raised concerns that during the period of ongoing lockdown, it is not possible for the Incoming Auditor to communicate with the Retiring Auditor through the mode(s) of communication permissible in terms of provisions of Code of Ethics. The existing Code of Ethics, 2009 , provides...
Continue Reading... Category : Bank Branch Audit | Comments : 0 | Hits : 3809
-
Posted Date : 03-May-2020 , 08:20:16 am | Posted By CASANSAAR
The Reserve Bank of India (RBI) has, vide Speaking Order No DOR.CO.AID/LC-02/12.22.035/2019-20 dated April 28, 2020 cancelled the licence of The CKP Co-operative Bank Ltd., Mumbai, to carry on banking business, with effect from the close of business on April 30, 2020. The Registrar of Co-o...
Continue Reading... Category : RBI | Comments : 0 | Hits : 737
-
Posted Date : 03-May-2020 , 08:14:39 am | Posted By CASANSAAR
In continuation to the Important Announcement dated 27th March, 2020, it is hereby notified for general information that in view of the ongoing spurt of the COVID-19 pandemic and in the interest of the wellbeing of students, the Chartered Accountant Examinations scheduled from 19th June 2020 to 4 th...
Continue Reading... Category : CA Exams | Comments : 1 | Hits : 956
-
Posted Date : 02-May-2020 , 11:10:06 am | Posted By CASANSAAR
The government is seeking to raise up to Rs 10,000 crore in its maiden tax-free bond issue to help bridge the fiscal gap, which is set to widen in the aftermath of Covid-19-induced economic disruptions and low tax collections. The finance ministry has begun negotiations with bankers on a likely t...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 1413
-
Posted Date : 02-May-2020 , 11:02:34 am | Posted By CASANSAAR
The government on Friday deferred the release of April GST revenue collection data due to the ongoing lockdown, sources said. The government had last month extended the deadline to file GST returns for March to May 5, from April 20. As per convention, the government releases GST revenue collectio...
Continue Reading... Category : GST | Comments : 0 | Hits : 2003
-
Posted Date : 01-May-2020 , 10:41:43 am | Posted By CASANSAAR
In view of Covid-19 pandemic and subsequent lockdown, the Institute of Company Secretaries of India (ICSI), on Thursday decided to postpone its examinations for the June 2020 session at all levels. In a circular issued on April 30, the ICSI said after due consideration of the prevalent situation ...
Continue Reading... Category : CS Exams | Comments : 0 | Hits : 2607
-
Posted Date : 01-May-2020 , 10:30:23 am | Posted By CASANSAAR
In the current scenario of lockdown announced by the Govt. to control the spread of COVID-19 pandemic and other disruptions, the businesses and enterprises are not able to function normally and are facing liquidity / cash crunch to pay their statutory dues even though they are retaining th...
Continue Reading... Category : General | Comments : 0 | Hits : 307
-
Posted Date : 30-Apr-2020 , 05:17:10 pm | Posted By CASANSAAR
Lets go to our childhood memories and Learn A B C D once again but this time in a different way. CA Sansaar is going to organise again Webinar for Members' interest on A B C D - Learn and Earn. A - Artificial Intelligence B- BlockChain C- Cyber Fraud D - Data...
Continue Reading... Category : General | Comments : 0 | Hits : 1816
-
Posted Date : 29-Apr-2020 , 09:57:52 am | Posted By CASANSAAR
Revised Guidelines for Bank Branch Audits by RBI discussed by CA. Ashish Gupta. Watch this Video,,,, https://youtu.be/JZBqRtykFRE...
Continue Reading... Category : Bank Branch Audit | Comments : 0 | Hits : 4108
-
Posted Date : 29-Apr-2020 , 09:57:41 am | Posted By CASANSAAR
Employees of Information Technology (IT) companies can work from home till July 31 as government has extended the relaxation of VPN norms till the end of July. Information Technology Minister Ravi Shankar Prasad held a meeting with IT ministers from all states in which he communicated the decision. ...
Continue Reading... Category : General | Comments : 0 | Hits : 653
-
Posted Date : 29-Apr-2020 , 09:55:23 am | Posted By CASANSAAR
Certain concerns have been raised by members as to whether it is permissible to advertise the services rendered by them, while also mentioning that Professional Fees with regard to individuals engaged in Community service would be charged lesser than what is usually charged by them/ free of charge b...
Continue Reading... Category : ICAI | Comments : 0 | Hits : 792
-
Posted Date : 28-Apr-2020 , 09:27:17 am | Posted By CASANSAAR
In case Banks face problems on account of refusal to take up assignments by the branch auditors, they can approach RBI for approval to appoint additional audit firms selected from the list of recommended audit firms made available by RBI. RBI has given public sector banks (PSBs) some flexibility ...
Continue Reading... Category : Bank Branch Audit | Comments : 0 | Hits : 3763
-
Posted Date : 28-Apr-2020 , 09:16:36 am | Posted By CASANSAAR
The Central Board of Direct Taxes (CBDT) has stripped three senior officers of their current responsibilities for allegedly breaching service rules in preparing a policy document suggesting ways to deal with the coronavirus pandemic and making it public. CBDT has charged three Indian Revenue Serv...
Continue Reading... Category : CBDT | Comments : 0 | Hits : 534
-
Posted Date : 27-Apr-2020 , 10:54:57 am | Posted By CASANSAAR
Franklin Templeton MF, the troubled fund house that was forced to close six of its debt funds due to extreme liquidity in the market, has marked down six fund of funds (FoFs) managed by it with total assets of about Rs 933 crore. Since these FoFs had investments in two of the six funds which were cl...
Continue Reading... Category : Shares & Stock | Comments : 0 | Hits : 1027
-
Posted Date : 26-Apr-2020 , 10:47:47 am | Posted By CASANSAAR
How Chartered Accountants can conduct Online Bank Branch Statutory Audit during this COVID -19 Pandemic Situation discussed by CA. Ashish Gupta also discussed on latest RBI Circular on Interest Subvention (IS) and Prompt Repayment Incentive (PRI) for Short Term Crop Loans. RBI/2019-20/224 FIDD.CO...
Continue Reading... Category : Bank Branch Audit | Comments : 0 | Hits : 3847
-
Posted Date : 26-Apr-2020 , 10:34:33 am | Posted By CASANSAAR
The insolvency regulator has issued notifications to exclude the lockdown period following the Covid-19 outbreak from the time frames governing corporate insolvency resolution or liquidation processes. Introducing a special provision in the IBBI (Insolvency Resolution Process for Corporate Person...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 551
-
Posted Date : 26-Apr-2020 , 10:30:09 am | Posted By CASANSAAR
Markets regulator Sebi has imposed a total penalty of Rs 30 lakhs on six individuals for indulging in fraudulent trading in the shares of Mapro Industries. The regulator through an order levied a fine of Rs 6 lakh each on six persons Bijay Kumar Chourasia, Shyam Kanheyalal Vyas, Jyoti Jha, Mukund...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 933
-
Posted Date : 25-Apr-2020 , 10:27:09 am | Posted By CASANSAAR
Government has declared banking industry as a public utility service for six months till October 21 under the provisions of the Industrial Disputes Act. Bringing banking services under the provisions of this Act means that the banking sector would not see any strikes by employees or officers duri...
Continue Reading... Category : Banking | Comments : 0 | Hits : 1109
-
Posted Date : 25-Apr-2020 , 10:17:55 am | Posted By CASANSAAR
Companies Fresh Start Scheme 2020 and LLP Settlement Scheme 2020 discussed by Adv.(CA) Arun Saxena,.,., https://youtu.be/oRJpkPCaXYg...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 209
-
Posted Date : 25-Apr-2020 , 10:14:55 am | Posted By CASANSAAR
Reserve Bank of India permitted banks to issue electronic cards to persons having overdraft accounts that are only in the nature of personal loan without any specific end-use restrictions. Banks, as per the central bank's July 2015 directions, were permitted to issue debit cards to customers ...
Continue Reading... Category : RBI | Comments : 0 | Hits : 817
-
Posted Date : 25-Apr-2020 , 09:48:39 am | Posted By CASANSAAR
Ministry of Home Affairs allowing certain categories of shops registered under the Shops and Establishment Act to open. The order said that shops in market complexes outside municipal corporation and municipality limits, are exempt from revised consolidated lockdown restrictions. The government a...
Continue Reading... Category : General | Comments : 0 | Hits : 491
-
Posted Date : 25-Apr-2020 , 09:40:02 am | Posted By CASANSAAR
Government of India Ministry of Corporate Affairs (PI Section) Invitation for Public Comments on Draft Valuers Bill, 2020 Ministry of Corporate Affairs had constituted a...
Continue Reading... Category : Companies Act | Comments : 0 | Hits : 538
-
Posted Date : 24-Apr-2020 , 10:57:10 am | Posted By CASANSAAR
Law Relating to Search and Seizure under Income Tax Explained by Dr.(CA) Rakesh Gupta, Ex Member - ITAT (Income Tax Appellate Tribunal). https://youtu.be/16zBYHC68Ks...
Continue Reading... Category : Income Tax | Comments : 0 | Hits : 364
-
Posted Date : 24-Apr-2020 , 10:57:01 am | Posted By CASANSAAR
The Securities and Exchange Board of India (Sebi) on Thursday relaxed valuation norms on money and debt market instruments held by mutual funds in the wake of the loan moratorium for companies by the Reserve Bank of India on account of the business disruptions caused by the ongoing lockdown. The ...
Continue Reading... Category : SEBI | Comments : 0 | Hits : 219
-
Posted Date : 24-Apr-2020 , 10:55:47 am | Posted By CASANSAAR
MCA extends period for filing of names for companies and re-submission of forms....
Continue Reading... Category : MCA | Comments : 0 | Hits : 289
-
Posted Date : 23-Apr-2020 , 10:27:02 am | Posted By CASANSAAR
GST portal update Form PMT-09 is live on GST Portal. How taxpayer can transfer cash balance under one head to another head explained by CA. Mansi Vohra.. https://youtu.be/5Z-051O07Tw...
Continue Reading... Category : GST | Comments : 0 | Hits : 1596
-
Posted Date : 23-Apr-2020 , 10:15:49 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) allowed companies whose financial year ended in December, to hold their first Annual General Meeting (AGMs) within the first nine months of their current fiscal or September 30, without it being viewed as a violation under the Companies Act. The relaxation ...
Continue Reading... Category : Corporate Law | Comments : 0 | Hits : 305
-
Posted Date : 22-Apr-2020 , 10:24:07 am | Posted By CASANSAAR
How Excel can help in doing Bank Audits | Excel Tips and Tricks for Bank Audit - Part 2 discussed by CA. Deepak Garg. Watch the Video,,,., https://youtu.be/gHGTRzaEhdM Dont Forget to Subscribe CA Sansaar YouTube Channel....
Continue Reading... Category : Bank Branch Audit | Comments : 0 | Hits : 1394
-
Posted Date : 22-Apr-2020 , 10:22:18 am | Posted By CASANSAAR
The Reserve Bank of India has asked banks to extend the benefit of interest subvention (IS) and prompt repayment incentive (PRI) for short-term crop loans to farmers till 31st May, 2020. In a notification, RBI said, it has observed that many farmers are not able to travel to bank branches for paymen...
Continue Reading... Category : RBI | Comments : 0 | Hits : 745
-
Posted Date : 22-Apr-2020 , 10:19:28 am | Posted By CASANSAAR
The Central Board of Direct Taxes, CBDT, today refuted rumours circulated on social media alleging that the Income Tax Department is pursuing recovery proceedings and using arm-twisting methods by adjusting outstanding demands of the start-ups. CBDT stated these observations completely unfounded and...
Continue Reading... Category : CBDT | Comments : 0 | Hits : 696
- 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
