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Saturday, June 30, 2012

Empanelment of valuers & auditors for valuing movable & immovable assets charged to be charged to the State Bank Of India Bangalore


State Bank Of India Bangalore
Last Date : 05/07/2012
Empanelment of valuers & auditors for valuing movable & immovable assets charged to be charged to the bank & auditors from eligible companies/firms of chartered/cost accounts for empanelment as stock auditors .

Address: Bangalore - Karnataka - India
Phone:
Email:

Vacancy for CA in Mahajan & Aibara

Job Description :


Lead Teams for Internal & Operational Audits which work towards improved competitive strength for clients.
Independent appraisal of Risks, Business Processes & Internal Controls forms the core responsibility.

Use various analytical tools and rating indices to evaluate and benchmark processes and environment in client organisations.

Be in client facing role and excel in managing team resources.

Desired Candidate Profile
CA (from CA Firms or Industry) with relevant Post Qualification experience, respectively in
• Well experienced in Internal Audit / Operational Audit assignments.

• Excellent leadership and strong entrepreneurial and team management skills

• Strong commercial acumen essential

• Good presentation and communication skills desirable.

• Ability to manage at least 5 - 6 clients simultaneously.

• Adaptability to various working environments will be an advantage.

THANE MID TOWN CPE STUDY CIRCLE- 16 CPE HRS

THANE MID TOWN CPE STUDY CIRCLE HAS ORGANISED A SERIES OF MEETINGS ON DIRECT TAX REFRESHER COURSE  
                         
TOTAL CPE HOURS : 16 remaining                  
                         
                         
                         
DIRECT TAX REFRESHER COURSE
                         
Date   Topics Time CPE Speakers
                         
                         
30/06/2012   TAXATION OF CAPITAL RECEIPTS- SECTION 56(2) AND SECTION 68 5.00-7.00 4 CA.Jagdish Punjabi
    ISSUES IN CAPITAL GAINS TAXATION       7.15-9.15   CA.Tarun Ghia
                         
01/07/2012   APPELATE PROCEEDINGS UNDER INCOME TAX ACT, 1961   5.00-7.00 4 CA.Jayesh Dadia
    RECENT JUDICIAL PRONOUNCEMENTS       7.15-9.15   K Gopal  (Advocate)
                         
07/07/2012   CORPORATE TAXATION INCLUDING ISSUES RELATING TO MAT   5.00-7.00 4 CA.Tushar Doctor
    E-FILING AND ISSUES RELATING TO ASSESSMENTS     7.15-9.15   CA. Vijay Kewalramani
                         
08/07/2012   TRANSFER PRICING & APPLICABILITY TO DOMESTIC TRANSACTIONS 5.00-7.00 4 CA.Natwar Thakrar
    INCOME DEEMED TO ACCRUE OR ARISE IN INDIA     7.15-9.15   CA.Kirit Dedhia
                         
                         
Venue   TMA Hall, Near Dwarka Hotel, Wagle Estate, Thane            
                         
Fees   Study Circle Memebrs Rs 100/- per day / Rs 350/- remaining course        
    (Subject to membership fees paid for the year 2012-13)            
                         
    Non Study Circle Members Rs 500/- per day / Rs 1500/- remaining course        
                         
    Students     Rs 200/- per day / Rs 600/- remaining course        
                         
    Spot Booking   Rs 100/- extra            
    (subject to availabilty of seats)                
    Note: (Fees is inclusive of tea, snacks and course material)          
                         
  Coordinators:                    
  CA. Sarad Beria   9820508633                
  CA. Vijay Jain   9869010681                
  CA. Sunil Doshi   9833685691                
                         


Regards

 

CA Sarad Beria

FCA, DISA

 

A3/903, Vikas Complex

Nr Castle Mills, Thane-400 601

Tel No: 25473262

Mobile No : 9820508633

Auditor's removal to be shareholder's discretion: House Panel


NEW DELHI, JUNE 29, 2012: THE long awaited report of the Standing Committee on Finance ("Committee") relating to Companies Bill, 2011 ("Bill") has been presented to the Hon'ble Speaker of Lok Sabha on 26 June, 2012. The Committee has been headed by the former Finance Minister Mr. Yashwant Sinha.

The Committee has recommended that the provisions of the existing Act where shareholders appoint auditors at every Annual General Meeting ("AGM") be continued in the interest of accountability to shareholders. It is further recommended that the proposal in the Bill for appointment of auditors for straight five years may be modified to the extent that the process is subject to ratification at every AGM.

Further, the Committee has recommended the rotation of audit partners instead of rotation of the audit firms. The Committee has suggested that this could be achieved by allowing members of the company to pass a resolution requiring the partner in an audit firm to be rotated at such interval as may be resolved by Members. These recommendations, if accepted, can have a substantial impact on the ongoing monopoly of the top audit firms and likely to ensure more transparency in their manner of functioning. The Committee has also suggested joint audits in case of very large entities.

Crores swindled from banks as fraudsters exploit design flaw in ATMs



A fraud unravelling in Punjab and Kerala has exposed a secret fear the country's banking system has been living under for more than a year. Fraudsters appear to have stolen crores of rupees from several Indian banks, cleverly exploiting a design flaw in their automated teller machines (ATMs) and their networked nature.

CBDT Invites Comments/Suggestions on Draft GAAR Guidelines

Ministry of Finance29-June, 2012 14:31 IST
CBDT Invites Comments/Suggestions on Draft GAAR Guidelines
 
 
 
 
            The Central Board of Direct Taxes (CBDT), Ministry of Finance has invited comments/suggestions on the Draft Guidelines regarding implementation of General Anti Avoidance Rules (GAAR) in terms of Section 101 of The Income Tax Act, 1961.The Draft GARR Guidelines were issued yesterday along with the relevant Annexures. All these details are available on the Departmental websites- www.pib.nic.in,      www.finmin.nic.in, www.incometaxindia.gov.in and www.irsofficersonline.gov.in.
 
            The comments/suggestions, if any, can be forwarded at the following address or at the email id: rammohan.irs@gmail.com on or before 20th July,2012.

ICSI ASKS AP TO RECOGNISE COMPANY SECRETARIES FOR VAT-AUDIT!!!

ICSI ASKS AP TO RECOGNISE COMPANY SECRETARIES FOR VAT-AUDITThe Institute of Company Secretaries of India (ICSI) has requested the Andhra Pradesh Government to recognise company secretaries for Value Added Tax audit. Speaking at the inaugural session of the southern India regional conference of the institute here on Friday, Mr Nesar Ahmad, President, ICSI, said some States including

SCHOLARSHIP FOR HIGHER EDUCATION -2012



SCHOLARSHIP FOR HIGHER EDUCATION -2012
CONDUCTED BY
INSTITUTE FOR CORPORATE ACHIEVERS
IN COLLABORATION WITH
DEVANSH FOUNDATION
 ABOUT ICA
ICA is a professionally managed organization aimed at providing guidance, assistance and Direction to the youth of India.
ICA wishes to Strengthen nourish and assist the budding professionals for a bright and enterprising feature and to meet the global challenges.

How the Auditors want the world to be...

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Wednesday, June 27, 2012

Appointment of Internal auditors for Western Region of PAWAN HANS HELICOPTERS LTD.


PAWAN HANS HELICOPTERS LTD.
Last Date : 06/07/2012
Appointment of Internal auditors for Western Region

Address: PAWAN HANS HELICOPTERS LTD, JUHU AERODROME, S.V.ROAD, VILE PARLE (W), MUMBAI 400 056
Phone: 022 - 26261710
Email:

Vacancy for CA in Ernst & Young - India

India National - CA Freshers - East - IND000OV
India
Job Title (Internal/External) : Consultant – Tax (Direct /Indirect) and Risk

Essentials
• Excellent managerial, organizational, analytical and verbal/written communication skills
• The ability to thrive in a fast-paced, professional services environment
Job Role :
• Maintain continuous interaction with clients, manage expectations and ensure outstanding client service. Team with tax professionals to provide comprehensive tax solutions.
• Representing the firm for assessments and tribunal appeals at the CIT/ITAT level.
• Experience in domestic and/or international tax and transfer pricing.
• Experience in litigation, tax compliance and advisory.

CA Inter- Industrial Trainee in Godrej & Boyce Mfg.Co.Ltd Mumbai

  • Candidates required for industrial trainee position of financial accounting for 9 - 12 months.
  • Candidates should be BCom graduates and should have completed their CA inter from ICAI.
  • They should currently have atleast 9 months of articleship remaining.
Salary: Not Disclosed by Recruiter
Industry: Construction, Engineering, Cement, Metals
Functional Area: Accounts, Finance, Tax, Company Secretary, Audit
Role Category: Accounts
Role: Chartered Accountant
Keyskills:

Full Day Seminar on Service Tax ( New Amemded Laws) On 07th July 2012 ( CPE 6 Hours)

Full Day Seminar on Service Tax ( New Amemded Laws) On 07th July 2012 ( CPE 6 Hours)
 
Dear Members,
 
The Pune camp CPE study circle takes great pleasure in announcing a ”Full Day Seminar on Service Tax (new amended Law)". The details of the same are given below:
 
Venue                                     : Hotel Hyatt Regency, Nagar road, Pune
 
Delegate Fees                      : Rs. 1200 for members of the study circle &
 Rs. 1500 for non study circle members
 Rs. 2000 for members who wants to become study circle              member for academic year 2012( It includes the fees for this seminar)
Program Details                  :

Pharma firms sell common drugs at 10 times the cost: MCA

Leading pharma companies including GlaxoSmithkline, Pfizer and Ranbaxy sell commonly used drugs at a rate 10 times the cost of production, a study by the Corporate Affairs Ministry has found.
A study by the Cost Audit branch of the MCA found drugs like Calpol manufactured by Glaxosmithkline, Corex Cough Syrup by Pfizer, Revital by Ranbaxy Global, Omez by Dr Reddy's Labs, Azithral by Alembic and several others were being sold at a mark up of up to 1,123 per cent over the cost of production.
Worried over the findings of the study, Corporate Affairs Minister M. Veerappa Moily has written to the ministers of Chemical and Fertilisers M.K. Alagiri and Health Ghulam Nabi Azad

Exposure Draft on XBRL Taxonomy based on Revised Schedule VI

Exposure Draft on XBRL Taxonomy based on Revised Schedule VI
Ministry of Corporate Affairs (MCA) has come out with an Exposure Draft on XBRL taxonomy for Commercial and Industrial (C&I) entities for filing their Balance Sheet and Profit and Loss Account for the financial year 2011-12 based on Revised Schedule VI. Comments, if any, are invited on the same by 14th July, 2012.

You are requested to send your comments on exposure draft by Saturday, the 14th July, 2012 at xbrl@icai.org, xbrl.technical@mca.gov.in and xbrl.suggestion@mca.gov.in   Please click here for the taxonomy.

Trip for Members and their family to Wonderland (A complete family theme park) on Saturday 30th June 2012 on Chartered Accountants Day

Tour to Wonderland on 30th June
Your branch is organizing a Trip for Members and their family to Wonderland (A complete family theme park) on Saturday 30th June 2012 on Chartered Accountants Day starting from 4.30 PM.
In wonderland you can enter through an entry ticket only, which cost Rs. 390/- per member without food. The entry ticket includes Water Park and other Rides.
Your Branch has negotiated the best price for the benefit of members as per details below:-
1.         For CAs Family (4 Entry Tickets)                              Rs. 800/- per Family (Normal Rate Rs. 1540/-)
2.         For CAs Family (3 Entry Tickets)                              Rs. 675/- per Family (Normal Rate Rs. 1170/-)
3.         For CAs Family (2 Entry Tickets)                              Rs. 450/- per Family (Normal Rate Rs. 780/-)
4.         For Individual as well Extra ticket or others              Rs. 250/- per Ticket   (Normal Rate Rs. 390/-)

Kindly book your tickets by 29th June 2012. We shall return the unused tickets to Wonderland after 5.00 pm on 29th June 2012.

Timings of Wonderland
For Water Park                                    Up to   07.30 PM
For Rides other than Water Park        Up to   09.30 PM
Restaurant                                           Up to   11.00 PM


Blood Donation Camp on Sunday 1st July
Your branch is organizing a Blood Donation Camp on the eve of Chartered Accountants Day on 1st July 2012 from 9.30 am to 11 am at Blood Bank, 1st Floor, Civil Hospital, Jalandhar. Members and their families are requested to kindly join the camp and participate in this cause of contribution to society. Kindly inform the branch about your participation so that we can organize and arrange the diet accordingly.

Seminar on Revised Schedule-VI & Income Tax on 6th July
Day & Date     :           Friday, 6th July, 2012
Registration     :           4.45 PM to 5.00 PM
Venue              :           Hotel President, Police Lines, Jalandhar

Technical Session-I
Topic                     :           Revised Schedule-VI of Companies Act, 1956
Guest Speaker       :           CA. Kamal Garg, Author of many books published by Bharat Publications
Time                      :           5.00 P.M to 7.30 P.M.

Technical Session-II
Topic                     :           Deemed dividend U/S 2(22) under the Income Tax Act, 1961
Guest Speaker       :           CA. Sanjay Agarwal ‘Voice of CA’ Member Central Council ICAI.
Time                      :           7.45 P. M to 8.45 P.M.

Dinner                   :           9.00 P.M.

Fees                 :           For Members               Rs. 500/-
For Non Members       Rs. 500/-
For Articled Clerks     Rs. 200/-

CPE Credit     :           5 Hours


Forthcoming Programs
1.        GMCS for students pursuing CA starting from 25th June.

2.        DISA for members from July 2012 on Saturday Sunday basis.



                       
CA. Ashwani Jindal
Secretary

CA. R D Sharma
CA. Ashwani Gupta
CA. Ashwani Jindal
CA. Ashwani Randeva
CA. Salil Gupta
CA. Sumit Vatta
Chairman
Vice Chairman
Secretary
Treasurer
Exec. Member
Exec. Member
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