On consideration of the reports of disturbance of general life caused due to failure of power and further in consideration of the fact that the e-filing of returns for a specified category of individuals and HUF has been made mandatory, the Central Board of Direct Taxes, in exercise...
Due date of Filing Income tax Return Extended for A.y 2012-12
Posted by Deepak Gupta
Posted on Tuesday, July 31, 2012
with No comments
List of offices of Registrar of Companies
Posted by Deepak Gupta
Posted on Sunday, July 29, 2012
with No comments
List Registrars
Andaman
(The Deputy Chief Commissioner is Ex-officio Registrar of Companies)The Registrar of Companies
Andaman, Port Blair,
ANDAMAN-744 101.
Andhra PradeshRegistrar of Companies
Andhra Pradesh, 2nd Floor, CPWD Bldg.,
Kendriya Sadan, Sultan Bazar, Koti,
HYDERABAD - 500 195
Ph. 040-4657937,...
How to Register a Company
Posted by Deepak Gupta
Posted on Sunday, July 29, 2012
with No comments
Registrars of Companies (ROC) appointed under Section 609 of the Companies Act covering the various States and Union Territories, are vested with the primary duty of registering companies floated in the respective States and Union Territories and of ensuring that such companies comply with statutory...
Section 40(b)
Posted by Deepak Gupta
Posted on Sunday, July 29, 2012
with No comments
Amounts not deductible – Partnership - Remuneration to Partners - CBDT Circular, which specifies that for section 40(b)(v), the partnership deed should specify the remuneration, is invalid.Ø Section 40(b)(v) allows a deduction of payment of remuneration to a working partner if it authorized by...
CAmpus for Newly Qualified CA's
Posted by Deepak Gupta
Posted on Thursday, July 26, 2012
with No comments
Studycafe in Association with PROCAMP is organinsing a campus in Mumbai, Delhi & Jaipur for Chartered Accountants’s qualified in May’12 & Nov’11.
PROCAMP is the 1st Private Campus Initiative for newly qualified CAs After two Successful CAmpus Programme Promaynov is back...
Compulsory Maintenance of books of account under Income Tax
Posted by Deepak Gupta
Posted on Wednesday, July 25, 2012
with No comments
There is confusion among taxpayers about maintenance of books of accounts under Income Tax Act like who is required compulsorily to maintain the books of accounts and for how many years one has to keep his books of accounts. Some views are expressed on this topic as follows:Maintenance...
Professional Ethics
Posted by Studycafe
Posted on Wednesday, July 25, 2012
with No comments
Important compilation of FAQ’s on Chartered Accountants ethics as is given by Ethical Standards Board of ICAI 1. Can a member in practice render Management Consultancy and other services?Yes, however, the areas covered under the Management Consultancy and other services have been summarized by the Council....
MCA has extended date of filing Form 23B to 4th August’12 without any fee
Posted by Deepak Gupta
Posted on Wednesday, July 25, 2012
with No comments
“Ministry vide circular number 14/2012 dated 21.06.2012 had imposed fees on Form 23B (Information by auditor to Registrar) w.e.f. 22/07/2012. Kindly note that the last date for filing the Form 23B without fee has been extended for two weeks. Fee shall be charged on any eForm...
Ca Final May 2012 Topper
Posted by Deepak Gupta
Posted on Sunday, July 22, 2012
with No comments

CA Final Ist Rank
R.No 140628Name: ABHISHEK GUPTAFR 090SFM 090Auditing 074Corp. Laws 054AMA 076ISCA 070DT 070IDT 084Total 608....
CAmpus for Newly Qualified CA's
Posted by Deepak Gupta
Posted on Saturday, July 21, 2012
with No comments
PROCAMP is the 1st Private Campus Initiative for newly qualified CAs Promaynov is back with its Campus Initiative - PROCAMP III. This time in Jaipur, New Delhi and Mumbai.
All students who qualified as Chartered Accountants in November 2011 or May
2012 attempt are eligible for registration.
To...
Relevant changes made in the Service Tax law by the Budget 2012
Posted by Deepak Gupta
Posted on Tuesday, July 17, 2012
with No comments
From 1st July 2012 Service Tax Law has been amended and various new provision have been inculcated in the Law.
Below are the relevant amendments:
Reverse Charge:
Before 1st July 2012 reverse charge concept was applicable only in case of Services received from outside India. Under reverse charge...
Guidelines by Ethical Standard Board on number of tax audits and company audits permissible for a member in practice (Central Council Guidelines)
Posted by Deepak Gupta
Posted on Tuesday, July 17, 2012
with No comments
Tax Audits under section 44AB of the Income Tax Act 1961· Not to accept in a financial year, more than the “specified number of tax audit assignments” i.e. 45 in case of a CA in practice/ proprietary CA firm and 45 tax Audit assignments per partner...
CA Final & CPT Result dated Changed. Result to be declared on 19th July 2012
Posted by Deepak Gupta
Posted on Tuesday, July 17, 2012
with No comments
In supersession of our announcement dated 11th July, 2012 on the likely date and timing of the declaration of the results of the Chartered Accountants Final examination held in May 2012 and of the Common Proficiency Test held in June 2012, this is to inform that due to unavoidable reasons,...
CA Final May 2012 Suggested Answers by ICAI
Posted by Deepak Gupta
Posted on Saturday, July 14, 2012
with No comments
Group I
PAPER – 1 : FINANCIAL REPORTING
PAPER – 2 : STRATEGIC FINANCIAL MANAGEMENT
PAPER – 3 : ADVANCED AUDITING & PROFESSIONAL ETHICS
PAPER – 4 : CORPORATE AND ALLIED LAWS
Group II
PAPER – 5 : ADVANCED MANAGEMENT ACCOUNTING
PAPER – 6 : INFORMATION SYSTEMS CONTROL AND AUDIT
PAPER – 7 : DIRECT...
Result of CA CPT and Final May 2012 Examination
Posted by Deepak Gupta
Posted on Thursday, July 12, 2012
with 1 comment
The Institute of Chartered Accountants of India
Post Box No.7112, Indraprastha Marg, New Delhi – 110002
July 11, 2012
IMPORTANT ANNOUNCEMENT
The result of the Chartered Accountants Final Examination held in May, 2012 and Common Proficiency Test (CPT) held in June, 2012 are likely to be declared...
Announcement for Campus Placement Programme for Newly Qualified Chartered Accountants August-September, 2012
Posted by Deepak Gupta
Posted on Wednesday, July 11, 2012
with No comments
Announcement for Campus Placement Programme for Newly Qualified Chartered Accountants August-September, 2012
A. The schedule for Campus Interview August-September, 2012
The Committee for Members in Industry (CMII) provides opportunity to the employers to interact with newly...
New Accounting Codes for Payment of Service Tax
Posted by Deepak Gupta
Posted on Wednesday, July 11, 2012
with No comments
New Accounting Codes for Payment of Service Tax
(w.e.f. 01.07.2012)
In general course, service provider has to deposit service tax under the respective accounting codes having regard to category of taxable service provided. However, after the introduction of Negative List approach w.e.f. 01.07.2012...