Provisions of Companies Act 2013 notified till 30th Sept, 2014 would be applicable for May 2015 exams
Posted Date : 22-May-2014 , 08:35:33 pm | Posted By CASANSAAR
20th May, 2014
Important Announcement
Attention: Intermediate (IPC) and Final Course students
Subject: Applicability of notified sections of the Companies Act,2013 for May 2015, Examinations
This is to bring to the notice of students that the relevant section...
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Students Zone |
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Applicability of Companies Act, 2013 & rules for CA IPC & Final November 2014 exams
Posted Date : 22-May-2014 , 08:34:07 pm | Posted By CASANSAAR
20th May, 2014
Important Announcement
Attention: Intermediate (IPC) and Final Course students – November 2014 examinations
Subject: Applicability of notified sections of Chapter IX, “Accounts of Companies” and Chapter X, “Audit and Auditors&rdq...
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Students Zone |
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Download TCS Certificates in Form 27D from CPC(TDS) website
Posted Date : 22-May-2014 , 08:27:17 pm | Posted By CASANSAAR
CPC(TDS) provides us with the new feature of downloading Form 27D,the Tax Collection Certificate for Deductees forming part of TCS Statements, filed in the form of 27EQ.
Please refer to the following relevant details for the above functionality
Form 27D is&nbs...
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Income Tax |
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Application Form for the Information Systems Audit (ISA) Assessment Test - June, 2014
Posted Date : 22-May-2014 , 04:33:38 pm | Posted By CASANSAAR
Application Form for the Information Systems Audit (ISA) Assessment Test - June, 2014 “[Last Date - 4th June, 2014]”
Online Application Form
Hard Copy Application Form
Source : ICAI...
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Students Zone |
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RBI: All new ATMs to be installed by banks from July to provide audible instructions, Braille keypads
Posted Date : 22-May-2014 , 08:33:56 am | Posted By CASANSAAR
All new ATMs to be installed by commercial banks from July 2014 onwards would provide audible instructions and Braille keypads to customers. The RBI today issued a directive in this regard which came on its prior advice to banks in 2009. It said, the Banks should lay down a road map for convert...
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RBI |
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Finance Secretary calls meeting to discuss progress on DTC, GST
Posted Date : 22-May-2014 , 08:22:42 am | Posted By CASANSAAR
Finance Secretary Arvind Mayaram has called a meeting of revenue department officials to assess the progress on the proposed Direct Taxes Code and the Goods and Services Tax.
Billed as the most significant tax reforms, the DTC seeks to replace the Income Tax Act of 1961, while t...
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Income Tax |
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MCA silently inserting backdated changes in Rules
Posted Date : 21-May-2014 , 08:01:56 am | Posted By CASANSAAR
The Ministry of Corporate Affairs (MCA) came up with the finalised rules on Companies Act, 2013 after comments from the stakeholders on the draft rules on and from 27 March 2014 without bearing any date or notification number on the same as the same was apparently not published in the Offi...
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Corporate Law |
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Action against the Auditor of the Saradha Group.
Posted Date : 21-May-2014 , 07:52:05 am | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) is waiting for the report of the Serious Fraud Investigation Office (SFIO) of the Union corporate affairs ministry for taking action against the auditor of the tainted Saradha Group. A top official of ICAI told TOI that it has already written to...
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Auditing |
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Customer protection code to be mandatory for banks: RBI
Posted Date : 21-May-2014 , 07:48:10 am | Posted By CASANSAAR
To protect consumer interest, the Reserve Bank of India (RBI) is formulating guidelines to discourage lenders from mis-selling and hold them responsible for the products they offer.
While presenting the annual monetary policy for 2014-15 in April, RBI Governor Raghuram Rajan had indicated the need ...
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RBI |
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Observers Portal developed by ICAI for CA Examinations May/June 2014
Posted Date : 20-May-2014 , 06:02:50 pm | Posted By CASANSAAR
May 20, 2014
A web portal, http://observers.icaiexam.icai.org has been developed and put in place, for handling the activities relating to Observers, for the Intermediate (IPC), Final and Post qualification course (IRM) examinations to be held in May/June 2014.The portal will be accessibl...
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ICAI |
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Announcement on prohibition to undertake the assignment of audit and accounting work together for the same entity - ICAI
Posted Date : 20-May-2014 , 04:31:14 pm | Posted By CASANSAAR
It has come to the knowledge of some members that certain entities , while inviting tenders for services of chartered accountants for the assignment of statutory audit , are mentioning accounting and book keeping related works in the scope of works required to done by the auditor. Members are h...
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ICAI |
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Why do Priyanka, Khurshid, Pilot, Singhvi, Karti Chidambaram have multiple DINs?
Posted Date : 20-May-2014 , 09:45:38 am | Posted By CASANSAAR
According to NitiCentral, several Congress leaders like Priyanka Gandhi Vadra, Salman Khurshid, Sachin Pilot, Abhishek Manu Singhvi, Capt Amrinder Singh and Karti Chidambaram have multiple Director Identification Numbers (DIN), an offence under the Companies Act.
They say...
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Corporate Law |
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0 | Hits : 2156
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Outgoing FM clears postings of over 100 income tax officials
Posted Date : 20-May-2014 , 08:27:48 am | Posted By CASANSAAR
Even as the results for the new government were declared on May 16, P Chidambaram, in one of his last decisions as finance minister, cleared over 100 postings of officers of the rank of commissioners and director and joint director of income tax.
According to a circular issued by the Centra...
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Income Tax |
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RBI
Posted Date : 20-May-2014 , 08:19:26 am | Posted By CASANSAAR
Bank loans that aren’t non-performing assets (NPAs) yet but could turn problematic at some point vary anywhere between 4% and 8% of total advances, a sample study of a few public sector banks shows. Following a fiat from the Reserve Bank of India (RBI), banks have put in place a mechanism to s...
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Banking |
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0 | Hits : 879
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China's ban on overseas Auditors raises concern over transparency
Posted Date : 20-May-2014 , 08:09:48 am | Posted By CASANSAAR
Beijing has imposed a surprise roadblock to financial reform by foreshadowing severe restrictions on international accountants, including those from Hong Kong, when auditing mainland companies listing overseas, increasing investor concern over whether their books are clean.
The proposals co...
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Auditing |
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Tribunal Upholds Rs. 630 Crore Penalty on DLF
Posted Date : 19-May-2014 , 04:28:38 pm | Posted By CASANSAAR
Real estate major DLF will have to pay Rs. 630 crore as penalty for unfair business practices, a government tribunal has ruled. Upholding a 2011 order passed by fair trade watchdog CCI, the Competition Appellate Tribunal on Monday said India's biggest real estate company must pay up the he...
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General |
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Foreign Investors pour in Rs 1-lakh crore since Modi declared BJP PM candidate
Posted Date : 19-May-2014 , 08:38:55 am | Posted By CASANSAAR
Foreign investors have pumped in over one lakh crore rupees in the Indian securities market since Narendra Modi was announced as the prime ministerial candidate by Bhartiya Janta Party in September last year.Market analysts believe that FIIs have been betting on the Indian market mainly on hopes of ...
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Shares & Stock |
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0 | Hits : 1077
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RBI to banks: Alert customers on fraud remittance schemes
Posted Date : 19-May-2014 , 08:33:29 am | Posted By CASANSAAR
To ensure that customers do not fall prey to fraudulent schemes promising cheaper funds from abroad, the Reserve Bank of India wants banks to consider prominently displaying messages cautioning them about the schemes on their websites as well as branch/ATM locations.
The central bank also s...
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RBI |
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0 | Hits : 995
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Over 30 entities under SEBI lens for unusual trading on May 16
Posted Date : 18-May-2014 , 01:55:05 pm | Posted By CASANSAAR
More than 30 entities, including brokers and high net worth individuals, have come under the scanner of market watchdog SEBI for unusual trading activities on the day of Lok Sabha election results.The trading activities of these entities came to the notice of the regulator on May 16, the day results...
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SEBI |
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Winners of Election Exit Opinion Polls Contest by CASANSAAR
Posted Date : 17-May-2014 , 10:53:58 am | Posted By CASANSAAR
CASANSAAR had organized the Exit Opinion Polls contest. Many members have sent their responses to guess/perdict BJP and Congress election figures. Following members have guessed/perdicted the BJP seats (282) correctly and hence are declared as winners: Many Congratulations!!!
1. CA. H...
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General |
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0 | Hits : 1299
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ICAI to ask University of Mumbai to reschedule LLB exam, prevent clash
Posted Date : 16-May-2014 , 10:02:01 pm | Posted By CASANSAAR
The Institute of Chartered Accountants of India (ICAI) plans to send a representation letter to the University of Mumbai requesting it to postpone the examination dates for LLB students. The May 26 LLB exam clashes with the CA final paper conducted by ICAI.
Environmental law, the last paper of stud...
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Students Zone |
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Download online / offline utility for e-Filing of ITR 2 for AY 2014-15
Posted Date : 16-May-2014 , 09:55:08 pm | Posted By CASANSAAR
CBDT has released ITR-2 Online and offline Utility for A.Y. 2014-15 on its website https://incometaxindiaefiling.gov.in/. CBDT has already released Online and offline Return Filing Utility for ITR 1 & ITR 4S for AY 2014-15. So till now CBDT has laun...
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Income Tax |
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0 | Hits : 1024
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LS poll results: RBI, SEBI, Fin MIn draw up contingency plan to deal with market volatility
Posted Date : 16-May-2014 , 07:35:41 am | Posted By CASANSAAR
The Reserve Bank, SEBI and the Finance Ministry have drawn up a contingency plan to deal with any excessive market volatility when results of the general elections are declared today. Governor Raghuram Rajan told reporters in Shimla that they have placed prudential contingency plans to infuse l...
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General |
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Election Exit Opinion Polls by Members of CASANSAAR
Posted Date : 15-May-2014 , 08:51:59 am | Posted By CASANSAAR
Election Exit Poll - Win Free Website of your/ your Firm name by Guessing right Election Result
Guesses/Opinions/Perdictions send by Members for No. of Seats BJP & Congress can Win Individually in Lok Sabha Elections 2014. Now lets wait & Watch for the Right answer on 16th May 2014... GOOD ...
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General |
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15 | Hits : 2007
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Promotional offer of Web-Designing for Professionals is going to close on TODAY,15/05/2014
Posted Date : 15-May-2014 , 08:20:19 am | Posted By CASANSAAR
CASANSAAR had offered to Professionals (CA, CS, CMAs) to create their own website. It was a promotional offer for limited period.
We have received tramandous response for it and designed more then 135 websites in last few weeks. The promotional offer is now going to be closed on 15/05...
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General |
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0 | Hits : 1295
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RBI panel recommends one-licence policy for all banks
Posted Date : 15-May-2014 , 08:11:13 am | Posted By CASANSAAR
The RBI’s vision of a uniform licence regime for the banking sector was proposed in a panel report on Tuesday that recommended a one-licence policy for all banks , irrespective of the ownership pattern. This will include all public sector, private sector (old and new) and foreign banks operati...
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Banking |
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Important Announcement of change of Examination Centre in Siliguri (West Bengal)
Posted Date : 14-May-2014 , 09:19:59 pm | Posted By CASANSAAR
No. 13-CA (EXAM)/M/2014/Siliguri &n...
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Students Zone |
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0 | Hits : 765
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Sebi notice to Delhi resident for buying over Rs 2,000 crore shares
Posted Date : 14-May-2014 , 08:24:38 am | Posted By CASANSAAR
Santosh Kumar Garg, a resident of west Delhi, has got a notice from the Securities and Exchange Board of India (Sebi) over share purchases worth more than Rs 2,000 crore on Friday when markets scaled new heights. "We have showcaused an individual investor," a senior Sebi official told ET. "We w...
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Shares & Stock |
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0 | Hits : 1653
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Frequently Asked Questions (FAQs) on e-Filing Under Companies Act, 2013
Posted Date : 14-May-2014 , 08:08:36 am | Posted By CASANSAAR
1. What are the steps for online e-filing?
1. When the business or the registered users access the MyMCA portal, they enter their username and authentication details – Password/ Digital Certificate.
2. The user will be shown a list of eForms category-wise under eForms ...
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Corporate Law |
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0 | Hits : 2165
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FM asks banks to be tough on wilful defaulters
Posted Date : 13-May-2014 , 10:46:47 pm | Posted By CASANSAAR
Exhorting public sector banks to take tough action against wilful defaulters, Finance Minister P Chidambaram today said a situation where "promoter is prosperous but company is sick" is not acceptable.
In his meeting with heads of state-owned banks, he said tough measures need to be...
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Banking |
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0 | Hits : 834
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