Withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, 1956. – (25-04-2017) Source : Institute of Chartered Accountants of India CL&CGC/ 20/ 2017-2018 25th April, 2017 ANNOUNCEMENT Sub: Regarding withdrawal of Frequently Asked Questions on the Revised Schedule VI to the Companies Act, 1956 as issued by the Corporate Laws… Read More »
Apply for Common Proficiency Test to be held on 18th June, 2017 – (22-04-2017) Announcement Common Proficiency Test to be held on 18th June, 2017 For the attention of students registered for Common Proficiency Course Common Proficiency Test, an entry level test for the Chartered Accountancy course, is held twice a year in the month… Read More »
FAQ on treatment of Securities Premium Account under Ind AS on the date of transition. – (17-04-2017) Source – Institute of Chartered Accountants of India Question: 1Company ABC Ltd. had issued non-convertible debentures redeemable at premium, which were outstanding as on March 31, 2015. The Company has measured this financial liability at amortised cost in… Read More »
ICAI Press Release – Robust Disciplinary Mechanism – (13-04-2017) ICAI Press Release Our attention has been drawn to the media reports regarding the raids conducted by the Enforcement Directorate on the offices of the Chartered Accountants in New Delhi, who were alleged to be involved in the money laundering and hawala like transactions through shell… Read More »
Exposure Draft of Annual Improvements to Ind AS Standards 2014-2016 Cycle Following is the Exposure Draft of Annual Improvements to Ind AS Standards 2014-2016 Cycle, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most… Read More »
Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transactions and Advance Consideration Following is the Exposure Draft of Appendix B of Ind AS 21, Foreign Currency Transaction and Advance Consideration, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any… Read More »
Following is the Exposure Draft of changes proposed in Ind AS 40, Investment Property, issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites comments on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific paragraph or group of paragraphs… Read More »
Announcement 15th March 2017 Invitation for contributions to Question Bank in respect of Information System Audit-(Assessment Test (ISA-AT)(New Syllabus) Information Systems Audit is a post qualification course meant for the members of the Institute. Members who are registered for the course are required to appear and pass ISA-Eligibility Test and those who qualify thereon are… Read More »
28th Feb., 2017 Sub: Applicability of GST in Nov., 2017 Examinations Students appearing in November, 2017 Intermediate (IPC) Examination may note that Goods and Services Tax (GST) will not be examined in Part II: Indirect Taxes of Paper 4: Taxation. Therefore, students are advised to start studying the existing indirect tax laws as covered in… Read More »
HIGH COURT OF DELHI Council of The Instt. of Chartered Accountants of India v. Kailash Chander Agarwal PRADEEP NANDRAJOG AND YOGESH KHANNA, JJ. CHAT. A. REF. NO. 3 OF 2011 FEBRUARY 7, 2017 akesh Aggarwal, (CA) Adv. and Pulkit Aggarwal, Adv. for the Petitioner. ORDER Pradeep Nandrajog, J. – A company by the name of… Read More »