Category - Others

SME….!!! A New Opportunity for Private Company..!

  SME....!!! A New Opportunity for Private Company..! In the Present era, the market is booming up so every Company want to take opportunity to earn more from the same market and want to get maximum benefits out of that, so what are the ways available for Company to avail such benefits. So for that,… Read More

Report of the Joint Committee on the Insolvency and Bankruptcy Code, 2015

Lok Sabha Report of the Joint Committee on the Insolvency and Bankruptcy Code, 2015 Sixteenth Lok Sabha Presented to Lok Sabha on 28 April, 2016 Laid in Rajya Sabha on 28 April, 2016 To Download the complete report, please click on the link below: Report of the Joint Committee on the Insolvency and Bankruptcy Code,… Read More

Changes in FCRA

As per Foreign Contribution (Regulation) Amendment Rules, 2015 notified in Gazette of India on 14.12.2015, the Bank shall report to the Central Government within forty-eight hours any transaction in respect of receipt and utilization of any foreign contribution by any person whether or not such person is registered or granted prior permission under the Foreign… Read More

ICSI organises International Corporate Governance Day

15 April 2016 CHIEF OF BUREAU PRESS RELEASE ICSI organises International Corporate Governance Day -Corporate Governance to play vital role in ‘Ease of doing Business’ - New Delhi, Friday, 15th April 2016: In order to have an effective system of rules, practices and processes by which a corporate is directed and controlled, The Institute of… Read More

ICAI President’s Message – April 2016

Dear Professional Members, Quality of professionalism imparts that success emanates as a by-product of righteous work. Let us believe in the Shrimad Bhagavad Gita’s sermon: No one who does good work will ever come to a bad end, either here or in the world to come. Let us imbibe this perception. Likewise, all of us… Read More

Expression of Interest for Empanelment of Faculties for Committee on Information Technology

Madam/ Dear Sir, Committee on Information Technology has been set up by the Institute to map IT developments and convert them into gainful professional opportunities. The Committee is also concerned with the training and development of the members in the field of Information Technology The Committee on Information Technology (CIT) is currently conducting two separate… Read More

ICAI President’s Message – March 2016

Dear Friends, The wise see knowledge and action as one; they see truly ... so go the words of wisdom in the Bhagavad Gita, which are worth emulating by one and all, specifically in the present scenario when a new cohesive team of elected members is commencing its fresh tenure as representatives of the Indian… Read More

Government Discretionary power under I.D.ACT 1947 for reference of Industrial disputes.

1.As in the case of State of Bombay vs KP Krishnan SC while explaining government discretionary power while referring a dispute SC said “Chapter III which consists of ss. 10 and 10A deals with reference of dispute to Boards, Courts or Tribunals. Section 10(1) provides that where the appropriate Government is of opinion that any… Read More

ICAI’s e-Flash on Finance Bill 2016

Amendments Proposed by The Finance Bill, 2016 1. Message from the President 2. Message from the Vice-President 3. Chairmen Speak (from Committee on Public Finance & Government Accounting; Direct Tax Committee; Indirect Taxes Committee; Committee on International Taxation) 4. State of the Economy: Union Budget 2016-17 Highlights 5. Amendments Proposed by Finance Bill, 2016 in… Read More

Adjustment Is Allowed On Finalisation of the Provisional Assessment By Way of Neutralising the Short Paid Duty With The Excess Paid Duty

[In the matter of M/s. Tafe Motors & Tractors Ltd v. Commissioner of Excise, Jaipur] Date of Hearing/Decision: 02.03.2016 BRIEF FACTS The Appellant is engaged in the manufacture of automotive IC Engine and was working under the provisional assessment for the period 01.04.2006   to 31.03.2007 which was finalised only on 16.11.2007. On finalisation of the… Read More

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