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ICAI ELECTION 2015 - Counting updates - Central Region
Posted Date : 02-Jan-2016 , 01:16:22 pm | Posted By CASANSAAR

NO CHANGE in the Votes either Preference wise or Total wise. Eliminiation Process Starts now. After first round of counting, lots of candidates has requested for Rechecking and Recounting of Votes for both CC and RC Now again Recheck and Recounting of Votes by ICAI on the Process. www.casans...

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Category : ICAI Election | Comments : 0 | Hits : 3482

SEBI Issues New Listing Norms for Stock Exchanges
Posted Date : 01-Jan-2016 , 09:25:46 pm | Posted By CASANSAAR

Paving way for listing of the stock exchanges, markets regulator Sebi on Friday announced detailed guidelines for their compliance to disclosure and listing regulations including for ensuring "fit and proper" status of every investor in the bourses. The exchanges would need to take step...

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Category : SEBI | Comments : 0 | Hits : 1055

RBI to move to CTS for clearing government's cheques
Posted Date : 01-Jan-2016 , 08:40:07 pm | Posted By CASANSAAR

RBI today said it has decided to dispense with the requirement of physically forwarding paid central government cheques to the departments for clearance. With a view to enhance efficiency in cheque clearing, Reserve Bank of India has introduced Cheque Truncation System (CTS) for clearance of cheq...

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Category : RBI | Comments : 1 | Hits : 1148

Extension of date to complete GMCS-I Course by the students registered for articleship training on or after 1st May, 2012
Posted Date : 01-Jan-2016 , 08:31:05 pm | Posted By CASANSAAR

31st December, 2015 Sub: Extension of date to complete GMCS-I Course by the students registered for articleship training on or after 1st May, 2012 It has been decided to grant extension to students, who were registered for practical training on or after 1st May, 2012 and completed one year...

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Category : ICAI | Comments : 0 | Hits : 1043

Income tax officers to raise only specific queries in scrutiny - Revenue Secretary
Posted Date : 31-Dec-2015 , 07:29:00 am | Posted By CASANSAAR

Seeking to eliminate corruption and promote ease of doing business, the revenue department has asked field offices only to raise specific queries in income tax assessment cases picked up for scrutiny.  Issuing comprehensive norms for scrutiny, the Central Board of Direct Taxes (CBDT) said qu...

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Category : Income Tax | Comments : 0 | Hits : 1421

Income tax appeal before Commissioners must be e-filed - CBDT
Posted Date : 31-Dec-2015 , 07:25:21 am | Posted By CASANSAAR

Aiming to reduce the compliance burden, revenue department today said appeals before Income Tax Commissioner should be filed in electronic format by those assessees who e-file their returns.  Electronic filing of appeals along with documents, before the CIT (Appeals), will remove human inter...

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Category : Income Tax | Comments : 0 | Hits : 1138

Delay in GST will deprive consumers of benefits - ICAI President
Posted Date : 31-Dec-2015 , 07:23:43 am | Posted By CASANSAAR

The delay in implementation of the GST Bill will deprive the consumers of its benefits, Institute of Chartered Accountants of India (ICAI) president Charted Account Manoj Fadnis said today.  "The consumers are at a loss as they will not be able to avail the benefits of one common tax in...

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Category : ICAI | Comments : 1 | Hits : 1092

Expedite scrutiny cases below Rs 5 lakh: CBDT to taxman
Posted Date : 31-Dec-2015 , 07:21:09 am | Posted By CASANSAAR

In fresh moves to end taxpayers grievances, CBDT has asked the taxman to "expeditiously" complete those scrutiny cases where income concealed is uptoRs 5 lakh . It has asked the Assessing Officers (AOs) to confine their queries for which the case has been picked up for scrutiny under th...

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Category : CBDT | Comments : 0 | Hits : 1208

Income Tax Department Names 18 Defaulters Owing Rs 1,100 Crore
Posted Date : 30-Dec-2015 , 06:08:58 pm | Posted By CASANSAAR

The Income Tax Department Wednesday published a fresh list of 18 tax defaulters, including gold and diamond traders, who owe taxes of over Rs 1,100 crore to the government for the past many assessment years but have either gone untraceable or have inadequate assets to pay. The list has been compi...

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Category : Income Tax | Comments : 1 | Hits : 1489

ICAI Elections 2015 - Counting Updates of Regional Council - EIRC
Posted Date : 30-Dec-2015 , 03:22:51 pm | Posted By CASANSAAR

ICAI Elections 2015 - Counting Updates of Regional Council - EIRC   S.NO. AS PER ICAI NAME OF CANDIDATE   TOTAL  VOTES   1 AGARWAL ANURADHA    ELIMINATED   2 AGARWAL HARI RAM &n...

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Category : ICAI Election | Comments : 0 | Hits : 4064

ICAI Elections 2015 - Counting Updates of Central Council - EIRC
Posted Date : 30-Dec-2015 , 10:33:32 am | Posted By CASANSAAR

ICAI Elections 2015 - Counting Updates of Central Council - EIRC EIRC - CC Position after Elimination of S.N. 3 S.NO. AS PER ICAI NAME OF CANDIDATE   TOTAL VOTES     1 AGARWAL RANJEET KUMAR    2250 ...

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Category : ICAI Election | Comments : 0 | Hits : 2211

Restoration of Membership of the Institute - ICAI
Posted Date : 30-Dec-2015 , 09:02:43 am | Posted By CASANSAAR

A member of the Institute enjoys the privileges by participating in the Institute's activities and programmes designed for dissemination of knowledge, professional development and continuing professional education.  A member of the Institute is entitled for monthly journal of the Institu...

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Category : ICAI | Comments : 0 | Hits : 1266

IT officials search NCDEX office
Posted Date : 30-Dec-2015 , 08:47:18 am | Posted By CASANSAAR

The National Commodity and Derivatives Exchange (NCDEX) said income tax (I-T) officials on Tuesday conducted a “routine survey” at its office in Mumbai. “The visit of I-T officials is part of a routine survey by the department. The exchange is fully cooperating with the offici...

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Category : Income Tax | Comments : 0 | Hits : 820

ICAI Elections 2015 - Counting Updates of Regional Council - SIRC
Posted Date : 30-Dec-2015 , 08:14:28 am | Posted By CASANSAAR

ICAI Elections 2015 - Counting Updates of Regional Council – SIRC   Cotha S. Srinivas 1470 Jomon K. George 1470 Phalguna Kumar E 1470 Abhishek M. 1470 Adusumilli Venkateswara Rao 1470 Jalapathi K. 1470 Gopal Krishna Raju 1357 Babu K.Thevar 1267 Chin...

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Category : ICAI Election | Comments : 0 | Hits : 9351

List of Final 3 Central Council Members Elected from EIRC
Posted Date : 29-Dec-2015 , 11:25:50 pm | Posted By CASANSAAR

ICAI Election 2015 - List of Final 3 Central Council Members Elected from EIRC. 1. AGARWAL RANJEET KUMAR 2. GOYAL SUSHIL KUMAR 3.  MITRA DEBASHIS CASANSAAR Congrates all and All the Best to them. www.casansaar.com...

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Category : ICAI Election | Comments : 0 | Hits : 1310

ICAI Election 2015 - Sitting CC Member from Eastern Region Lost the Election
Posted Date : 29-Dec-2015 , 11:21:11 pm | Posted By CASANSAAR

ICAI Election 2015 - Sitting CC Member from Eastern Region Lost the Election Sitting Central Council Member CA.SUMANTRA GUHA has lost the Central Council Election from Eastern Region and couldnt make it again to the Central Council. www.casansaar.com...

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Category : ICAI Election | Comments : 0 | Hits : 1151

ICAI Elections 2015 - Updates on Counting of Votes (EASTERN REGION)
Posted Date : 29-Dec-2015 , 10:50:42 am | Posted By CASANSAAR

ICAI Elections 2015 - Updates on Counting of Votes (EASTERN REGION) EIRC Ballot Box opening is going on.  ...

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Category : ICAI Election | Comments : 0 | Hits : 1338

Rs 1 crore fraud reporting threshold brings clarity for auditors - ICAI
Posted Date : 29-Dec-2015 , 08:19:03 am | Posted By CASANSAAR

The threshold of Rs 1 crore for reporting any suspected corporate fraud brings in clarity for auditors but might prove to be less for very large corporates, apex body of chartered accountants ICAI said.  Earlier this month, the Corporate Affairs Ministry said that auditors are required to re...

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Category : ICAI | Comments : 0 | Hits : 1316

RBI nudging banks to furnish potential NPAs
Posted Date : 29-Dec-2015 , 08:10:39 am | Posted By CASANSAAR

Banks may soon be asked to provide – set aside funds – for potential non-performing assets (NPAs) and weak assets, sources aware of the development said. Sources said that banks could be asked to provide for potential weak assets which, although require standard asset provisioning as ...

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Category : RBI | Comments : 1 | Hits : 932

List of Final 6 Central Council Members Elected from SIRC
Posted Date : 28-Dec-2015 , 09:52:13 pm | Posted By CASANSAAR

ICAI Election 2015 - List of Final 6 Central Council Members Elected from SIRC. 1. DEVARAJA REDDY M. 2. VIJAY KUMAR M P. 3.  MADHUKAR NARAYAN. 4.  BABU ABRAHAM K. 5.  SRIPRIYA K 6. SEKAR G CASANSAAR Congrates all and All the Best to them. www.casansaar.com ...

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Category : ICAI Election | Comments : 0 | Hits : 1489

No LPG subsidy for consumers with annual taxable income of more than Rs 10 lakh
Posted Date : 28-Dec-2015 , 09:20:42 pm | Posted By CASANSAAR

The government on Monday decided that consumers with taxable income above Rs 10 lakh per year will not get LPG subsidy from January 2016. The benefit of the LPG subsidy will not be available for LPG consumers if the consumer or his/her spouse had taxable income of more than Rs 10 lakh during th...

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Category : Income Tax | Comments : 0 | Hits : 871

ICAI Elections 2015 - Counting Updates of Central Council - SIRC
Posted Date : 28-Dec-2015 , 05:47:33 pm | Posted By CASANSAAR

ICAI Elections 2015 - Counting Updates of Central Council - SIRC CC - Position after 16th Elimination of Suresh PR 6  DEVARAJA REDDY M- 2961 22  VIJAY KUMAR M P- 2961 9  MADHUKAR NARAYAN- 2918 3  BABU ABRAHAM K- 2812 18  SRIPRIYA K- 2506 17  SEKAR G- 2473 14...

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Category : ICAI Election | Comments : 0 | Hits : 17337

Over 9,500 Complaints Pending With Banking Ombudsmen: RBI
Posted Date : 28-Dec-2015 , 08:10:21 am | Posted By CASANSAAR

Over 9,500 complaints of deficient services by nationalised and private sector banks are pending with banking ombudsmen, the Reserve Bank of India (RBI) has said. The revised Banking Ombudsman scheme 2006 allows a customer to seek redress of complaints against banks relating to credit cards and h...

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Category : RBI | Comments : 1 | Hits : 903

Deloitte, KPMG, PWC empanelled for RBI's information systems audit
Posted Date : 27-Dec-2015 , 07:30:54 pm | Posted By CASANSAAR

Deloitte, KPMG, PWC and four others have been empanelled by the Reserve Bank of India (RBI) for conducting audit of information systems of the central bank.   The other agencies are, AAA Technologies, Auditime, Digital Age Strategies and Mahindra SSG.   "With reference to ...

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Category : Auditing | Comments : 1 | Hits : 1728

ICAI Elections 2015 - Updates on Counting of Votes (SOUTHERN REGION)
Posted Date : 27-Dec-2015 , 04:07:24 pm | Posted By CASANSAAR

ICAI Elections 2015 - Updates on Counting of Votes (SOUTHERN REGION) (WESTERN REGION Counting are over and now Turn for SOUTHERN REGION) All 139 booths are tallied and announced by returning officer. These numbers are subject to final consolidation and also subject to verification of invalid b...

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Category : ICAI Election | Comments : 0 | Hits : 2280

Now, buy rail tickets on ICICI Bank website
Posted Date : 26-Dec-2015 , 06:55:33 am | Posted By CASANSAAR

ICICI Bank on Wednesday tied up with railway's e-ticketing platform IRCTC to sell rail tickets through its website. The largest private sector lender will soon introduce the facility to book rail tickets on its mobile banking application and prepaid digital wallet, it said in a statement. ...

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Category : General | Comments : 0 | Hits : 1089

ICAI Elections 2015 - Counting Updates of Regional Council - WIRC
Posted Date : 26-Dec-2015 , 06:36:02 am | Posted By CASANSAAR

ICAI ELECTION 2015 - COUNTING UPDATES FOR REGIONAL COUNCIL - WIRC Position After elimination of candidate No.47 VAIDYA AMBARISH ASHOK- (PUNE)  - Main Parcel Only  Postion NAME OF CANDIDATE Total Rank ...

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Category : ICAI Election | Comments : 0 | Hits : 24242

Weak balance sheets, bad loans increase risks for banks: RBI
Posted Date : 24-Dec-2015 , 07:41:28 pm | Posted By CASANSAAR

The Reserve Bank of India expressed concern over high corporate leverage as bad loans from the country’s top corporations increased sharply between March and September, 2015. “Corporate sector vulnerabilities and the impact of their weak balance sheets on the financial system need c...

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Category : RBI | Comments : 0 | Hits : 917

Income Tax Department to quote email, phone number in e-notice - FinMin
Posted Date : 24-Dec-2015 , 03:04:28 pm | Posted By CASANSAAR

In an attempt to bring authenticity to e-mail based communication to taxpayers, the Finance Ministry has asked Income Tax department officials to mandatorily mention their email and official phone numbers in such letters and notices. An official order, accessed by PTI, in this regard was issu...

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Category : Income Tax | Comments : 0 | Hits : 945

Property can be registered below circle fee, rules Delhi HC
Posted Date : 24-Dec-2015 , 08:30:37 am | Posted By CASANSAAR

In a landmark verdict that will benefit thousands of land owners in Delhi, the high court on Wednesday allowed registration of properties even if valued below the minimum circle rate of the area. A bench of chief justice G Rohini and justice R S Endlaw relied on provisions of the Indian Stamp Act...

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Category : General | Comments : 0 | Hits : 1738

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