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May 7, 2009

LEGAL & FINANCIAL UPDATES 08.05.2009

UPDATES FROM TAX GURU

ICAI raised doubt on accuracy of audited financial statements of Allahabad Bank, Vijaya Bank and the Central Bank of India

The Institute of Chartered Accountants of India (ICAI) has raised apprehensions about the accuracy of the audited financial statements of Allahabad Bank, Vijaya Bank and the Central Bank of India,...

CAG plans to move from cash to accrual basis accounting

THE Comptroller and Auditor General of India (CAG) plans to move from cash to accrual basis accounting in government within a five year time frame. A National Round Table Conference on Accrual Basis...

PricewaterhouseCoopers asked staff to take unpaid leave to cut costs: Here's how you can do it too



Patrick Stafford Accounting giant PricewaterhouseCoop ers has asked 5000 full-time staff to take up to three weeks of unpaid leave in an attempt to save costs. Chief executive Mark Johnson said in an...

CBEC issued circular on Monitoring & disposal of pending appeals

Posted: 07 May 2009 04:58 AM PDT


Circular No.  885/05/ 2009-CX  Dt 30.4.2009  (F.No.275/121/2008-CX.8A) Central Board of Excise & Customs     Subject:  Monitoring of pendency of appeals – instructions regarding. In supersession...

Prepare & File Electronically MVAT Return Easily with the help of Tally



Government of Maharastra has made it mandatory for all dealers to file their VAT returns only through electronic format. Dealers can e-file periodical returns from any place at any time....




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UPDATES FROM TAXGURU