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May 6, 2009

LEGAL & FINANCIAL UPDATES 07.05.2009

UPDATES FROM TAX GURU

ICAI sought Clarification regarding new Form No.17 - from CBDT

THE PRESIDENT ICAI has written letter dated 5th May, 2009 , to The Chairman, CBDT and sought clarification on Clarification regarding new Form No.17.  Respected Sir, Sub: Clarification regarding new...

ICAI issues notices to 11 more audit cos with foreign tie-ups

Accounting regulator ICAI today asked 11 more auditing firms having foreign affiliations to furnish with information on their activities and operating structure in India. "We have issued....

Beating slowdown, chartered accountants bagged jobs with top-notch companies in the latest campus placement

Beating the slowdown, chartered accountants (CAs) have bagged jobs with top-notch companies in the latest campus placement drive, which has also seen more newly qualified professionals get...

Wealth Tax Act Forms in Excel Format, Word Format & PDF format

I am enclosing hereunder Wealth Tax Act Forms in Excel Format, Word Format & PDF format for the benefit of my readers.  I have tried to cover almost all the forms which are required under the...

Analysis of relief provided in Forex accounting norm for companies

The Ministry of Corporate Affairs has vide notification1 dated 31 March 2009 relaxed the provisions of Accounting Standard (AS) 11, The Effects of Changes in Foreign Exchange Rates2 in so far as they...

SC dismissed service tax demand of over Rs 2200 Crore from Lottery Agents

The Supreme Court today has dismissed the appeal of Union of India against the  judgement  in case of Martin Lottery Agencies Ltd. earlier given by  Sikkim High CourtAs a result of dismissal of...

 
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UPDATES FROM TAXGURU