Category: ICAI
FAQ on infrequent number of sales-insignificant in value in IndAS 109. Ind-AS 109 do not define terms but in context of business model ICAI FAQ on Elaboration of terms ‘infrequent number of sales’ or ‘insignificant in value’ used in Ind AS 109 Question Ind AS 109, Financial Instruments, …
FAQs regarding Dividend Distribution Tax by ICAI. Presentation requirements as per Ind-AS in case of issue of debt as per the provisions of Ind AS-32 Frequently Asked Questions (FAQs) regarding Dividend Distribution Tax This FAQ on Dividend Distribution Tax has been issued by the Accounting Standards Board (ASB) …
ICAI Guidance Note on report under section 92E (Transfer Pricing) under the Income-tax Act. related to Chartered Accountants Report in Form 3CEB under Rule 10E Committee on International Taxation of ICAI has brought out the fifth edition of “Guidance Note on report under section 92E-Transfer Pricing under the …
ICAI warns of Misleading advertisements by educational institutes representing themselves as offering admission for chartered accountancy course ICAI has issued a public notice warning general public against misleading advertisements by colleges/educational institutions/private organizations etc. representing themselves as college of finance/accountancy, offering admission for chartered accountancy course. The public notice of ICAI …
ICAI Revised Guidance Note-Audit of Consolidated Financial Statements The Auditing and Assurance Standards Board of ICAI has released out a revised Guidance Note on Audit of Consolidated Financial Statements. Earlier, the Institute of Chartered Accountants of India had issued the ‘Guidance Note on Audit of Consolidated Financial Statements in 2003. As …
ICAI Request for improving MCA annual filing compliance by pursuing companies so as to help the Ministry of Corporate Affairs in achieving the targeted compliance. As the members are already aware that that it is the time of peak filing of Balance Sheet & Annual Return under the …
ICAI Clarifications-MEF 2016-17 PD/A-40/2016 6th October, 2016 ANNOUNCEMENT – CLARIFICATIONS IN RESPECT OF MEF 2016-17 Applicants of MEF who are (i) Applying as “Proprietary Concern” and also having Sole/Individual practice registered in Institute’s records (ii) Applying as “Individual” (either Sole/Individual practice registered or not in Institute’s records) though …
PART B-PART C of MEF 2016-17 made live till 31-10-2016 to enable the applicants fill and edit the same. No need to send the declarations again-ICAI Message from PDC, ICAI Dear Professional Colleagues, Season’s Greetings, Sub: PART B and PART C of MEF 2016-17 has been made live …
CA issuing fake certificate-invoice to bank guilty of misconduct. Bank on the strength of false certificate and fake proforma invoice had released loan fund-Delhi HC ABCAUS Case Law Citation: 1027 (2016) (10) HC Brief Facts of the Case: The present disciplinary proceedings for professional misconduct were initiated by the …
ICAI Clarification-auditors rotation SQC1-Companies Act 2013 differences.One time transition phase relaxation given for the financial year 2016-17 1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to …
