NEW BATCH FOR CS EXECUTIVE STARTING FROM 9TH MARCH

HAPPY HOLI TO ALL OF YOU

KEY FEATURES OF BUDGET 2015-16

CS RESULT

ICA congratulates all the students for clearing their exams.

Niharika Gupta
Shalini Tandon
Shruti Dwivedi
Raman Singh
Anjali Singh
Payal Agarwal
Etika Bhatnagar
Nuzhat Siddiqui
Mahesh Soni
Umme Saleem
Anika Prasad
Kanchan Vimal
Komal Singh
Prakhar Dwivedi
Supriya Shukla
Juhi Tiwari
Richa Mishra
Divyanshi Srivastava
Sumbul Qamar
Ankita Agarwal
Anjali Pandey
Sanjeev Tripathi
Namit Goel
and many others who came out with flying colors

BEST OF LUCK FOR RESULTS

UPDATES

1. Use of designation other than designation of chartered accountant unless it be a degree of a university established by law in India or recognized by the Central Government not allowed and may invite disciplinary action. ICAI Announcement of 18-02-2015. 
2. Extension to 25-02-2015 of last date to apply online for CAG empanelment for 2015-2016 at www.saiindia.gov.in. Send paper documents also.
3. The DGFT has introduced a new format for issuance of e-IEC as appendix 18B-1 in the handbook of procedure Vol. I (Appendices and Aayat Niryat Forms), 2009-2014 and further notifies that the existing format, Appendix 18B, will continue to be in force for IEC numbers  being issued in physical form, based on manual applications.
4. Request you to join as NIRC of ICAI is going to inaugurate newly allotted bar room at G-7, Civic Centre, Income Tax Office,  New Delhi on 23rd February, 2015 at 02:30 P.M. for its members facilities.

UPDATES

1. Private company  to be small company  if  paid up capital upto 50 lakhs and (or earlier) turnover upto 2 crores. [Companies (Removal of Difficulties) Order, 2015 of  13-02-2015].
2. Email addresses in DSCs should be unique i.e. DSCs not to be issued to different persons on same email lD. CCA Order  of 23-01-2015. [FNo CCA/DC(T)/201 3-98/1294].
3. New upgraded and secure portal for E-Filing of applications for foreign direct investment launched by department of economic affairs, ministry of finance . The new website is http://fipb.gov.in.
4. Printing work is in the nature of works contract and value of ink and processing material is exigible to sales tax. [ Vibha Publications Pvt. Ltd. vs. Commissioner, Trade Tax, UP. Lucknow (2015 (2) TMI 431 – Allahabad High Court)].
5. Interest on delayed refund is permissible from expiry of 3 months from the date of filing of refund application and not from the date of refund order.  [ Tata Chemicals Ltd. vs. Commissioner of Central Excise, Rajkot].