June 20th, 2016 Kind Attention: All Members, Students of the Institute of Chartered Accountants of India (ICAI) and Public at Large This is to inform to all Members and Students of ICAI and public at large that a website namely, icai-org.in and icairesults.info, has been created, which is deceptively similar to the official website of… Read More »
Institute of Chartered Accountants of India Frequently Asked Questions (FAQs) on Responding to Tenders A notification published in Part III Section 4 of the Gazette of India: Extraordinary dated 7th April, 2016 has been issued by the Institute containing the guidelines on responding to tenders which can be viewed at http://www.icai.org/new_post.html?post_id=12547&c_id=219 . Placed below are… Read More »
The 122nd Constitution (Amendment GST) Bill, 2014 to thoroughly overhaul India’s indirect tax regime has been passed by the Lok Sabha in 2015 and pending with Rajya Sabha for its approval and may be passed in the monsoon session of Parliament. This is a welcome step of the government has released draft Model GST Law… Read More »
CA professional providing accommodation entries, defrauding revenue, deserves to be debarred from practice for life time IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Civil Reference No. 5 of 2012 (O&M) Date of decision: 18.3.2016 Institute of Chartered Accountants of India .. Petitioner v. Vivek Kapoor and others .. Respondents
CA professional providing accommodation entries, defrauding revenue, deserves to be debarred from practice for life time IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Civil Reference No. 5 of 2012 (O&M) Date of decision: 18.3.2016 Institute of Chartered Accountants of India .. Petitioner v. Vivek Kapoor and others .. Respondents
ICAI ANNOUNCEMENT The CBDT vide Circular No. 20/2016 dated 26.05.2016 has clarified that in order to mitigate any inconvenience caused to the taxpayers on account of the new requirement of mandatory e-filing of appeals, it has been decided to extend the time limit for filing of such e-appeals. E-appeals which were due to be filed… Read More »
Application Form for the Information Systems Audit (ISA) Assessment Test – June, 2016 [Last Date – 8th June, 2016] – (26-05-2016) Online Application Form Hard Copy Application Form
Pre-MEF Data Verification. – (12-05-2016) As you are aware, every year, Professional Development hosts an online form popularly known as MEF ie., Multipurpose Empanelment Form at www.meficai.org This year in order, to make the Members aware as to what information is going to flow from Institute’s records in MEF. As the information field related to… Read More »
May 12, 2016 Assignments of Checkers The examination process inter alia includes a procedure of having the answer books checked, after evaluation by examiners, by Checkers to ensure that all answers have been evaluated, marks awarded have been carried forward to the cover page of the answer books and that the totalling of marks is… Read More »
Feedback on Arrear Demand Verification Portal – (10-05-2016) The Income Tax Department has launched an “Arrear Demand Verification Portal at https://incometaxindiaefiling.gov.in/ which can be accessed by the assessees with their respective user-id. This portal provides various options in the assessee’s dashboard for settling/modifying the outstanding demand against the assessee’s name. Since a substantial portion of… Read More »