Category: ICAI
File Form GNL1 for alteration in MoA of Section 8 Companies. Since this power has been delegated to ROC, professionals/companies should not file form RD-1 ICAI Announcement dated 17/05/2016 Regarding filing Form GNL-1 for change in Memorandum of Association by Section 8 Companies to ROC instead of filing …
Centralised ICAI exam Checkers Empanelment Discontinued ICAI Announcement dated 12/05/2016 Assignments of Checkers The examination process inter alia includes a procedure of having the answer books checked, after evaluation by examiners, by Checkers to ensure that all answers have been evaluated, marks awarded have been carried forward to …
Should there be more than one ICAI Vice President? This is one of the terms of reference of the group constituted by ICAI for review of the existing term of the Council. The announcement of ICAI is as under: Council Affairs/M-626/2016 11th May, 2016 ALL MEMBERS OF THE COUNCIL …
Guidance Note on Accounting for Real Estate Transactions-ICAI ICAI has issued a Guidance Note on Accounting for Real Estate Transactions (for entities to whom Ind AS is applicable). The objective of the guidance note is to recommend the accounting treatment by entities dealing in ‘Real Estate’ as sellers …
CA Firms Empanelment for CBI Forensic Audit. Applications last date is within one week’s time-ICAI Announcement dated 10/05/2016 Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments. Chartered Accountants firms having prior sufficient …
Feedback on Income-tax Arrear Demand Verification Portal invited by ICAI ICAI Announcment The Income Tax Department has launched an “Arrear Demand Verification Portal at https://incometaxindiaefiling.gov.in/ which can be accessed by the assessees with their respective user-id. This portal provides various options in the assessee’s dashboard for settling/modifying the …
Observations on the question papers of CA examinations-May, 2016 4th May, 2016 It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held in May 2016, by e-mail at examfeedback@icai.in …
Guidance Note on CARO 2016-Communication from AASB of ICAI Dear Members As you are aware, the Companies (Auditor’s Report) Order, 2016 (CARO 2016) was notified by the Ministry of Corporate Affairs (MCA) on 30th March 2016. The Order is applicable for the audits of financial statements for the …
ICAI Motto Song- Suggestions invited for Recomposition Dear Colleague The “ICAI Motto Song” played during all important events of ICAI is a source of inspiration for the CA fraternity and has a grand meaning that encourages us all to stay alert, dynamic while retaining the long cherished ideals of ‘Excellence, Independence, Integrity’ which …
ICAI Announcement Applicability of Accounting Standards amended by MCA vide Notification dated March 30, 2016 1. The Ministry of Corporate Affairs, Government of India, vide Notification No. G.S.R. 739(E), dated 7th December, 2006, notified Companies (Accounting Standards) Rules 2006, in the Official Gazette Rule 1, sub-rule (2), provided that …
