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Friday, January 29, 2016

Vacancy for CA in JP Morgan Chase

Job Description 

CIB - ACCE Collateral - Assoc - Mumbai-160008688

Job Description

 
CIB – Assoc – Mumbai (Collateral )
 
 
About J.P. Morgan Corporate & Investment Bank
J.P. Morgan’s Corporate & Investment Bank (CIB) is a global leader across banking, markets and investor services. The

BlackBerry launches Priv, its first Android phone, in India at Rs 62,990; flaunts curved screen, slide-out keyboard

Invitation to attend 4th Faculty Development Programme-Forensic Accounting & Fraud Prevention on February 6-7, 2016 at BKC, Mumbai.

4th Faculty Development Programme - FAFP
Dear Professional Colleague,
A warm greeting from the Committee on Information Technology of Institute of Chartered Accountant of India.
Considering the huge professional opportunities in the area of Forensic Audit and Fraud Prevention, the Committee on Information Technology of ICAI is taking various initiatives to promote Certificate Course on Forensic Accounting and

Cost Auditing Standards under the Companies Act, 2013: Part –III


Introduction:
The third in line of prescribed Cost Auditing Standards deals with the “Overall Objectives of the Independent Cost Auditor and the Conduct of an Audit in Accordance with Cost Auditing Standards

Centre announces first 20 smart cities



These cities were chosen from 98 cities shortlisted for the 'Smart Cities Mission'. 
 
New Delhi : Urban Development Minister M. Venkaiah Naidu on Thursday announced the names of the first 20 cities which will be

Now, lock fares in advance of actual purchase: Jet Airways

CBDT resolves 100 transfer pricing rows with US firms

Tax officials have resolved over 100 transfer pricing disputes with American multinational companies using the mutual agreement procedures (MAP) as the Centre tries to create an environment of tax

Thursday, January 28, 2016

REQUEST FOR PROPOSAL FOR THE APPOINTMENT OF FIRM OF CHARTERED ACCOUNTANTS FOR INTERNAL AUDIT OF LONDON BRANCH OF GENERAL INSURANCE CORPORATION OF INDIA FOR FY 2014 – 15

REQUEST FOR PROPOSAL FOR THE APPOINTMENT OF FIRM OF CHARTERED ACCOUNTANTS FOR INTERNAL AUDIT OF LONDON BRANCH OF GENERAL INSURANCE CORPORATION OF INDIA FOR FY 2014 – 15
For Detail Please Click on:

Cost Auditing Standards under the Companies Act, 2013: Part –III

Cost Auditing Standards under the Companies Act, 2013: Part –III
By:
CMA Sumit Gupta & CMA Rakesh Singh
1.       Introduction:
The third in line of prescribed Cost Auditing Standards deals with the “Overall Objectives of the Independent Cost Auditor and the Conduct of an Audit in Accordance with Cost Auditing Standards “. The governing idea behind this standard is to place guidance on the Overall Objectives of the

COMPLAINT BY POWER OF ATTORNEY HOLDER

Article
Order 3 Rule 1 and 2 Civil Procedure Code empowers the holders of power of attorney to ‘act’ on behalf of the Principal.  The word ‘act’ employed in Order 3 Rules 1 and 2 CPC confines only to in respect of acts done by the power of attorney holder in exercise of power granted by the instrument.  If the power of attorney holder has rendered some acts in pursuance of power of attorney, he may

Widening Scope of Scrutiny Through Selection of Cases On the Basic of AIR

We all are aware about the Scrutiny Proceedings in the case of ITR which is usually a trauma for each and every person. Now-a-days, CBDT has given instructions to select the cases for scrutiny on the

CONDITIONS PRECEDENT TO SEARCH AND SEIZURE UNDER INCOME TAX ACT, 1961

CONDITIONS PRECEDENT TO SEARCH AND SEIZURE UNDER INCOME TAX ACT, 1961

A search is necessary to secure evidence, that may not likely to be made available by issue of summons.  The Tax authorities have to resort to search and seizure when there is evidence of

Monday, January 25, 2016

Cenvat Credit : Where sales invoice showed that prices were inclusive of freight up to buyer's premises and sales was made on FOR destination basis, place of removal would be buyer's premises and, therefore, outward transportation services up to buyer's premises would be eligible for input service credit




Cenvat Credit : Where sales invoice showed that prices were inclusive of freight up to buyer's premises and sales was made on FOR destination basis, place of removal would be buyer's premises and, therefore, outward

Software utility developed to file income-tax return with Digital Signature Certificate

Taxpayers have recently reported that they have faced problems in using the Digital Signature Certificate for Signing through browser at the time of uploading their Income Tax Return. This is because the latest browser versions have started disabling the standard way in which browser support

CRIMINAL PROCEEDINGS AGAINST MANAGING DIRECTOR

In Court ‘Sharad Kumar Sanghi V. Sangita Range’ – 2015 (2) TMI 1117 - SUPREME COURT the appellant is the Managing Director of M/s Sanghi Brothers (Indore) Limited, a registered company under Companies Act, 1956. The company is engaged in the business of automobile sale, finance and

Golden bird- India


The difference between what we do
and what we should and are capable of doing
would suffice to solve most of the country problems!
Let us Join hands together to make our motherland India"The Golden Bird" again.
Vande Matram
Happy Republic Day

Saturday, January 23, 2016

Additional Mode for Generation of EVC for E-verification of ITR, Notification No. 1/2016 Dt 19.01.2016.

Additional Mode for Generation of EVC for E-verification of ITR,
 
Notification No. 1/2016 Dt 19.01.2016.
 
See:

Donation received by a Mandap Keeper from decorator/caterer for grant of monopoly rights to provide decoration/catering services not taxable as business auxiliary service.

(Mumbai CESTAT)-CCE, Nagpur vs. Jain Kalar Samaj [2015] 60 taxmann.com 455
Donation received by a Mandap Keeper from decorator/caterer for grant of monopoly rights to provide decoration/catering services not taxable as business auxiliary service.
 FACT:
Assessee provided Mandap Keeper's services by leasing out its hall/lawns for ceremonial functions. Decoration and catering for the hall/lawns was carried out by a contractor. Assessee received donation of decoration tender from caterer/decorator and granted

Gifting of property will entitle assessee to claim exemption u/s 54 if left with only one

Name of the Case:- ITO v Shri Sameer jasuja (ITAT Delhi), ITA 4187/Del/2012,

Brief of the Case
ITAT Delhi held in case of ITO v Shri Sameer Jasuja the property has been gifted by the person to his wife, then Assessee will entitled to the exemption u/s 54F if he is left with one property. It further held that section 64(1)(iv) will not operate to nullify gift and would operate only to club income in the hands of donor assessee.

Facts of the Case
In the present facts there were two issues:-
  • The AO made the disallowance regarding the account of F&O transaction in foreign currency.
  • The second disallowance was made under the exemption u/s 54F by holding that the Assessee was the owner of

ICAI - Students Journal 2016

Now new Iphone 5s available at Rs.22000

Click the below link to buy
Apple iPhone 5S

Wednesday, January 20, 2016

DISA partner required by a CA firm

One of the leading firm of chartered accountants having a central statutory audit requires a DISA partner for their firm.

Please contact immediately at:

SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS & DISCLOSURE REQUIREMENTS) REGULATIONS, 2015 – HIGHLIGHTS AND ANALYSIS

Article
Securities and Exchange Board of India (SEBI) on September 2, 2015 issued the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) with the aim to consolidate and streamline the provisions of existing listing agreements for different segments of

DRAFT REPORT BY INCOME TAX SIMPLIFICATION COMMITTEE

INCOME TAX SIMPLIFICATION COMMITTEE HEADED BY JUSTICE R.V.ISWAR SUBMITS THEIR RECOMMENDATION FOR SIMPLIFICATION OF TAX MATTERS.
 
FOR FULL COPY OF DRAFT REPORT PLEASE CLICK ON:

Himachal Pradesh Power Corporation Limited (HPPCL) invites application for Appointment of INTERNAL AUDITORS FOR THE YEAR 2015-16

Himachal Pradesh Power Corporation Limited (HPPCL) invites application for Appointment of INTERNAL AUDITORS FOR THE YEAR 2015-16.
 
FOR TENDER DOCUMENT PLEASE CLICK ON

Request for empanelment as a Resource person for the CPE programmes being conducted by CPE Programme Organising Units of CPE Committee

Dear Member,
Sub: Request for empanelment as a Resource person for the CPE programmes being conducted by CPE Programme Organising Units of CPE Committee
Greetings from Continuing Professional Education Committee (CPEC) of ICAI.
As you may be aware, the Continuing Professional Education Committee of ICAI is striving its best

Startup India, and CA Valuation certificate

Euphoria is in the air. Startups – the poster boys of these times – have got another fan-base, i.e., the Government of India, cheering for them. Startup India, Standup India Action Plan announced on January 16th by Prime Minister Narendra Modi has created another level of excitement among all stakeholders – be it venture funds, angel investors, incubators or startups.
It is not the first time in the history of India, that the government has announced some major policy decision, but probably it is the first time that the Govt has gone ahead and engaged with a section of society, which was not represented by any powerful industry lobby-groups, business-families, lobbyists or PR firms. If India has changed in last 18 months, then it was very much visible in Vigyan Bhavan on January 16, 2016, as more than 90% of audience must have visited those august corridors

Saturday, January 16, 2016

StartupIndia announcements

#1 Tax exemption for start-ups for three years.

2 Rs. 10,000 crore corpus fund to support start-ups.

3 Capital gains tax to be exempted

IASB issues leases standard; FASB to follow


The International Accounting Standards Board (IASB) issued a much-anticipated new accounting standard Tuesday that will require all leases to be reported on a company’s balance sheet as assets and liabilities.
For the IASB, the issuance of IFRS 16, Leases, completes a convergence project that resulted in

BSNL reduces call rates by up to 80 per cent for existing customers

Marketing services provided to a Bank using their publicity material cannot be regarded as service provided under brand name/trade name of Bank - Benefit of small scale service provider's exemption available

(New Delhi CESTAT) - CCE, Chandigarh vs. A.S. Financial  2015] 60 taxmann.com 203

Marketing services provided to a Bank using their publicity material cannot be regarded as service provided under brand name/trade name of Bank - Benefit of small scale service provider's exemption available.
FACTS:
Assessee in terms of agreement with ICICI Bank was providing service of promotion and marketing. Threshold exemption was claimed for commission

Guidance Note on Meetings of the Board of Directors

The fundamental principles with respect to Board Meetings are laid down in the Act. SS-1 facilitates compliance with these principles by endeavouring to provide further clarity where there is ambiguity and establishing benchmark standards to harmonise prevalent diverse practices. For the benefit of companies, SS-1 provides necessary flexibility in many cases viz. with respect to calling Meeting at shorter Notice, transacting any other business not contained in the agenda and passing of Resolutions by circulation. Complying with SS-1 ensures a

IFRS 15 Revenue from Contracts with Customers

The World’s Smallest Video Drone

Obviously this drone is not the smallest drone in the world, but when its comes to a quadcopter with a video camera, yes! Axis Vidius Drone is the World's Smallest First Person View Drone. Measuring just 4.3cm x 4.3cm x 2.5cm, VIDIUS is capable of flying up to 100 feet away, performing 360 degree

Android phones have a series of hidden settings that can be accessed using secret codes.


Using the codes is very much at users' own risk — they have been found by online sites looking inside the phones' own software. But, if you dare, they can provide access to hidden options within
Read more »

Thursday, January 14, 2016

CA Vacancy at Power Grid Corp. of India Ltd

Power Grid Corporation of India Ltd invites applications from Chartered Accountants for 15 posts of Dy.Manager (F&A).

Application will be online and the last date is 12-02-2016 (Online) and 27-02-2016 (hard copy)

See details at:

Expression of Interest for Appointment Of Statutory Auditor for the year 2015-16 of Maharashtra National Law University Mumbai

Last Date : Jan 15, 2016
Expression of Interest for Appointment Of Statutory Auditor for the year 2015-16.

Address: Maharashtra National Law University Mumbai, Post Box No.8338, Deonar,Mumbai-400088
Phone: 022-25480042
Email: registrar@mnlumumbai.edu.in

http://pdicai.org/docs/tend_mnlu_5.1.2016_51201617561286.pdf

Practicing Chartered Accountants Or Cost Accountants For E-Tds Related Work Of Itpo, Office, From 01/01/2016 To 31/03/2017.

Last Date : Jan 15, 2016
Practicing Chartered Accountants Or Cost Accountants For E-Tds Related Work Of Itpo, Office, From 01/01/2016 To 31/03/2017.

Address: India Trade Promotion Organisation, 7, Cooperage Road, 3rd Floor, Jhansi Castle, Mumbai – 400001
Phone: 91-22-22026629

Click here for details:

Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2015”

FOR INFORMATION OF THE MEMBERS

Sub: Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2015” - from 31st December, 2015 to 31st March, 2016

This is for kind information of the members that the last date for complying with the CPE Hours

Charitable Trusts—Procedure for registration—Grant of registration u/s 12AA

VISAKHAPATNAM KAKINADA PETROLEUM vs.COMMISSIONER OF INCOME TAX

VISHAKAPATNAM TRIBUNAL



Charitable Trusts—Procedure for registration—Grant of registration u/s 12AA—Eligibility—Assessee “Visakhapatnam Kakinada Petroleum, Chemical and Petro chemical Investment Region, Special Development Authority (VK PCPIR SDA) created by Government of Andhra Pradesh, u/s 3 of Andhra Pradesh Urban Areas Development Act, 1975 through a GOMS no. 373— Assessee had

Circular No 01/2016 Dt 12.01.2016 Released by MCA Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility (CSR) under section 135 of the Companies Act,2013 .

Circular No 01/2016 Dt 12.01.2016 Released by MCA
Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility (CSR) under section 135 of the Companies Act,2013 .

For Detail please click on:

Special Recruitment of (CAs) in Central Bank of India


Special Recruitment of Credit Officers (CAs) in Central Bank of India

For Detail Please Click on

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