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Cancellation of Examination of Group-II, Paper-7, ITSM of Intermediate Examination Scheduled on 15th May 2013

   13 May 2013 at 20:13

CANCELLATION OF EXAMINATION OF GROUP-II, PAPER-7, INFORMATION TECHNOLOGY AND STRATEGIC MANAGEMENT OF INTERMEDIATE (INTEGRATED PROFESSIONAL COMPETENCE) EXAMINATION SCHEDULED ON 15TH MAY 2013. It is hereby informed that due to unavoidable ci

Posted in Students  17 comments |   36372 Views


ICAI warns CA students who are pursuing additional course

   08 May 2013 at 11:05

As you are aware, the Council of the Institute, under Regulation 65 of the Chartered Accountants Regulations, 1988 has permitted Articled Assistants to pursue/attend, with prior permission to be obtained from concerned Decentralised offices, only

Posted in Students  46 comments |   100632 Views


New ITR forms for 2012-13 released

   04 May 2013 at 14:36

INCOME-TAX (THIRD AMENDMENT) RULES, 2013 - AMENDMENT IN RULE 12 & SUBSTITUTION OF FORMS SAHAJ (ITR-1), ITR-2, ITR-3, SUGAM (ITR-4S), ITR-4 AND ITR-V NOTIFICATION NO. 34/2013 [F.NO.142/5/2013-TPL]/SO 1111(E), DATED 1-5-2013 In exercise of t

Posted in Income Tax  11 comments |   55398 Views


CMA-President Communique for May, 2013

   02 May 2013 at 10:00

First of all I take this opportunity to thank all the members who attended the International Professional Summit organized by the Institute at the Leela Kempinski Hotel, Gurgaon on 26th & 27th April 2013.

Posted in Others |   11463 Views


ICAI e-Journal (May 2013)

   02 May 2013 at 09:58

ICAI e-Journal (May 2013)

Posted in Others  6 comments |   28662 Views


Clarification on Amendment to Section 206-C of Income Tax Act dealing with Tax Collection at Source (TCS) on Sale of Bullion or Jewellery in Cash

   02 May 2013 at 09:43

Currently, sale in cash of bullion (excluding coin or any other article weighing 10 grams or less) in excess of Rs 2 lakh or jewellery in excess of Rs.5 lakh is subject to Tax Collection at Source (TCS) @ 1%. As coins were neither included in bull

Posted in Income Tax  4 comments |   33798 Views


Corporate Social Responsibility and the Existing Companies Law

   01 May 2013 at 10:48

There is no provision for Corporate Social Responsibility (CSR) spending by companies in the existing Companies law i.e. Companies Act, 1956. However, the Companies Bill, 2012 incorporates a provision of CSR under Clause 135. Giving this informati

Posted in Corporate Law  4 comments |   17940 Views


ICAI- President's Message - May 2013

   01 May 2013 at 09:56

Ethics is all about our becoming and feeling responsible about everything that is around us. We are responsible only when we appreciate everything that is ethical and denounce all that is not ethical around us.

Posted in Others  2 comments |   10668 Views


New Norms for XBRL Filing

   30 April 2013 at 17:50

New norms have been put in place for Extensible Business Reporting Language (XBRL) filing with effect from 6th October, 2011 for select class of companies. For the financial years 2010-11 and 2011-12 a total of 2,90,39 and 2,57,86 companies respe

Posted in Corporate Law  1 comments |   21342 Views


The tax payer should be seen as an important partner in generating revenue for all our National Endeavours, says President

   30 April 2013 at 10:43

The President of India, Shri Pranab Mukherjee attended the Valedictory Ceremony of the 65th Batch of Indian Revenue Services today (April 29, 2013) at Nagpur. Speaking on the occasion the President said tax collection is neither a simple nor pop

Posted in Others |   5190 Views



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