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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : Chartered Accountant

Heartfelt wishes on the occasion of Chartered Accountant’s Day
Posted Date : 01-Jul-2016 , 08:59:38 am | Posted By CASANSAAR

Heartfelt wishes on the occasion of Chartered Accountant’s Day!!! We hope that both the Profession and the Professionals will touch great heights in the forth coming years being the major contributor to the society’s economic well being. So let us join hands and celebrate the G...

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Category : Chartered Accountant | Comments : 0 | Hits : 1304

CBI files graft cases against 9 I-T officials, 3 Chartered Accountants
Posted Date : 23-Jun-2016 , 08:51:40 am | Posted By CASANSAAR

The CBI on Wednesday registered a case against nine senior Income Tax officials, including Principal Commissioner of Income Tax, Delhi, and three private persons on Wednesday for corruption. “The agency has carried out searches at 17 locations in Delhi, Mumbai, Bangalore, Chennai, Hyderabad...

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Category : Chartered Accountant | Comments : 1 | Hits : 3807

Chartered Accountants, merchant bankers to determine FMV in indirect transfers
Posted Date : 24-May-2016 , 09:46:42 am | Posted By CASANSAAR

  Chartered accountants or merchant bankers will compute the fair market value (FMV) of assets in case of indirect transfer of assets by overseas companies on arm’s length basis, the revenue department today proposed with an aim to bring in transparency in taxation matters. Under ...

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Category : Chartered Accountant | Comments : 1 | Hits : 1844

Chartered Accountants lost case against Cost Accountants
Posted Date : 01-Apr-2016 , 08:10:34 am | Posted By CASANSAAR

Chartered accountants of Karnataka under the Karnataka State Chartered Accountants Association have lost their case against the Karnataka State Cost Accountants Association in the high court. The CAs had a grouse against the state government allowing cost accountants to audit the account books of co...

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Category : Chartered Accountant | Comments : 2 | Hits : 5205

SFIO beefs up resources; empanels 91 Chartered Accountant firms
Posted Date : 29-Feb-2016 , 07:50:27 am | Posted By CASANSAAR

Strengthening its resources to deal with white collar crimes, SFIO has empanelled as many as 91 chartered accountant firms to carry out forensic audit and analysis of financial statements on a case to case basis.  Facing manpower crunch, Serious Fraud Investigation Office (SFIO) has been loo...

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Category : Chartered Accountant | Comments : 0 | Hits : 1384

Chartered Accountant can be held liable for deficiency in service
Posted Date : 04-Aug-2015 , 08:57:25 am | Posted By CASANSAAR

A Chartered  Accountant (CA) who duped his client was dragged to the consumer court. In a significant ruling, the forum held that negligence in discharge of professional duties constitutes an unfair trade practice. Fernandes received a summons from the income tax (I-T) de...

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Category : Chartered Accountant | Comments : 1 | Hits : 2853

SFIO to rope in chartered accountants for probe-related works
Posted Date : 28-Jul-2015 , 08:53:01 am | Posted By CASANSAAR

To bolster its capabilities in probing white collar crimes, the Serious Fraud Investigation Office (SFIO) will hire chartered accountants to help in matters related to forensic audit and financial data analysis.  SFIO, which comes under the Corporate Affairs Ministry, has been looking to rop...

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Category : Chartered Accountant | Comments : 0 | Hits : 1590

Law Firms fight to protect their turf from Chartered Accountants
Posted Date : 21-Jul-2015 , 08:40:51 am | Posted By CASANSAAR

Can your accountant also assist you on drafting a joint venture agreement? Or is this work best left to a lawyer to check for compliance with various rules and legislation? And what happens when one company drops a nasty legal notice on the former joint venture partner? Is when things get contentiou...

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Category : Chartered Accountant | Comments : 0 | Hits : 2171

Chartered accountants with close ties to I-T official under CBI lens
Posted Date : 11-May-2015 , 08:44:58 am | Posted By CASANSAAR

The CBI has launched a preliminary enquiry against DGIT-Investigation (Mumbai) Suresh Jandhyala. In January, the CBI had busted a bribery scandal in the I-T department's investigation wing in Chennai and had arrested a joint commissioner along with two Chartered Accountants and a few others. The...

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Category : Chartered Accountant | Comments : 0 | Hits : 2153

Income Tax Deptt files complaints against Chartered Accountant & others for tax evasion
Posted Date : 09-May-2015 , 08:48:50 am | Posted By CASANSAAR

The Income Tax department filed 12 complaint petitions before Chief Judicial Magistrate, N. Muralidharan, in Coimbatore on Friday, seeking action against three persons for alleged evasion of Income tax to the tune of more than Rs. 22 crore, over a period of two to seven years. The complaint pet...

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Category : Chartered Accountant | Comments : 1 | Hits : 4190

Joint I-T commissioner arrested for molesting woman Chartered Accountant
Posted Date : 27-Apr-2015 , 08:56:59 am | Posted By CASANSAAR

A 35-year-old joint commissioner of income-tax from Gujarat was arrested by Borivli-based Kasturba Marg police on Saturday, for allegedly molesting and abusing a woman Chartered Accountant in Borivli East. the Azad Maidan police had booked him in January, for allegedly molesting and sending lewd mes...

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Category : Chartered Accountant | Comments : 0 | Hits : 3412

Corporate espionage: CBI names consultancy firm PwC as a suspect
Posted Date : 15-Mar-2015 , 01:28:51 pm | Posted By CASANSAAR

An official of a high profile consultancy group has come under CBI scanner in connection with its probe into the alleged sale of confidential government records on foreign investment policies to corporate groups by officials. CBI sources said that during the questioning of five arrested persons i...

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Category : Chartered Accountant | Comments : 0 | Hits : 1445

Chartered Accountants can play key role to check black money menace: ICAI
Posted Date : 03-Mar-2015 , 09:04:46 pm | Posted By CASANSAAR

With the Union Budget proposing a new law on black money, accounting regulator ICAI has said that chartered accountants can play an effective role in curbing the menace. A comprehensive law to check black money stashed away abroad would be introduced in the current session of Pa...

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Category : Chartered Accountant | Comments : 0 | Hits : 1517

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