Monthly Archives: February 2017

Gratuity Exemption limit AY 2017-18 under Income Tax Act

By | February 28, 2017

Gratuity Exemption limit AY 2017-18 under Income Tax Act [ CIRCULAR NO. 1/2017 [F.NO. 275/192/2016-IT(B)], DATED 2-1-2017]  Death-cum-retirement gratuity or any other gratuity is exempt to the extent specified from inclusion in computing the total income under Section 10(10) of Income tax Act . Any death-cum-retirement gratuity received under the revised Pension Rules of the Central… Read More »

Carry forward of Accumulated Cenvat Credit under GST – Issue -1

By | February 28, 2017

Issue 1: Carry forward of Accumulated  Cenvat Credit under GST Registered taxable person shall not be allowed to take credit unless the said amount is admissible as input tax credit under CGST /SGST Act. [ provisio to section 167 of Revised Model GST Law ]  Example on Carry forward of Accumulated  Cenvat Credit under GST – Issue -1 Suppose… Read More »

Aadhaar mandatory under Deendayal Antyodaya Yojana-National Rural Livelihoods Mission – Notification

By | February 28, 2017

MINISTRY OF RURAL DEVELOPMENT NOTIFICATION New Delhi, the 28th February, 2017 S.O.643(E).––Whereas, the use of Aadhaar as identity document for delivery of services or benefits or subsidies simplifies the Government delivery processes, brings in transparency and efficiency, and enables beneficiaries to get their entitlements directly in a convenient and seamless manner and Aadhaar obviates the… Read More »

Regional Centre for Biotechnology Act, 2016 Comes into foce w.e.f 01.04.2017

By | February 28, 2017

MINISTRY OF SCIENCE AND TECHNOLOGY (Department of Biotechnology) NOTIFICATION New Delhi, the 28th February, 2017 S.O. 642 (E).— In exercise of the powers conferred by sub-section (2) of section 1 of the Regional Centre for Biotechnology Act, 2016 (36 of 2016), the Central Government hereby appoints the 1st day of March, 2017 as the date… Read More »

RBI Establishes an Inter-disciplinary Standing Committee on Cyber Security

By | February 28, 2017

Date : Feb 28, 2017 Reserve Bank Establishes an Inter-disciplinary Standing Committee on Cyber Security The Reserve Bank of India has set up an Inter-disciplinary Standing Committee on Cyber Security to, inter alia, review the threats inherent in the existing/emerging technology; study adoption of various security standards/protocols; interface with stakeholders; and suggest appropriate policy interventions… Read More »

Category: RBI

Advance Pricing Agreements Signed by Central Board of Direct Taxes Touch 140

By | February 28, 2017

Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi, 28th February, 2017. Press Release Advance Pricing Agreements Signed by Central Board of Direct Taxes Touch 140 The Central Board of Direct Taxes (CBDT) has entered into 10 more Advance Pricing Agreements (APAs) over the last one week, including… Read More »

USA- IRS Criminal Investigation Releases Fiscal Year 2016 Annual Report

By | February 28, 2017

IRS Criminal Investigation Releases Fiscal Year 2016 Annual Report IR-2017-47, Feb. 27, 2017 WASHINGTON — The Internal Revenue Service today announced the release of its IRS Criminal Investigation (CI) annual report, reflecting the significant accomplishments and criminal enforcement actions taken in fiscal year 2016. IRS CI initiated 3,395 cases in FY 2016 that focused on… Read More »

Category: USA

CBEC Clarification on Classification of Articles of Paper and Printing Industry

By | February 28, 2017

CBEC Clarification on Classification of Articles of Paper and Printing Industry under Excise Law [CBEC Circular No. 1052/01/2017-CX, Dated: February 23, 2017] Representations have been received from trade associations that consequent upon insertion of Chapter note 14 (w.e.f 28.05.2012) to the Chapter 48 of Central Excise Tariff Act, 1985 disputes have cropped up in respect… Read More »

Technical Seminar On UAE’s New Bankruptcy Law -Video

By | February 28, 2017

Technical Seminar On UAE’s New Bankruptcy Law The Institute of Chartered Accountants of India UAE (Dubai)Presents Technical Seminar On UAE’s New Bankruptcy Law February 27,2017 Venue:Hyatt Regency Dubai Creek Heights, Dubai Healthcare City,Dubai Keynote Speaker: Dr. Habib Al Mulla, Chairman, Baker & McKenzie Habib Al Mulla Speaker: Mr. Christian Saunders , Partner, Allen & Overy… Read More »

Handbook on Statutory Audit of Bank 2017 Edition Book -M.Siva Ram Prasad

By | February 28, 2017

HAND BOOK ON STATUTORY AUDIT OF BANK 2017 edition Book by M.Siva Ram Prasad Key features of This Book – Handbook on Statutory Audit of Bank 2017 Edition Statutory Central Audit. Statutory Branch Audit. Check list cum Audit Programmes. Reporting Requirements. Disclosure Requirements and Formats. Regulatory requirement of RBI. You can buy this Book for Rs… Read More »

Country Wise Import Duty Ready Reckoner – 2017 Edition Book- Ajay Srivastava

By | February 28, 2017

Country Wise Import Duty Ready Reckoner with CD (Third Edition, 2017) by Ajay Srivastava  The only book is about making good use of Free Trade Agreements (FTAs) signed by India. The book has three parts 1. Business Guide: Provides a roadmap for integrating FTAs into a Firm’s business stratergy 2. Duty Ready Reckoner: FTA duty on… Read More »

Aadhaar Mandatory for National Career Services , Stipend to Trainees ,Persons with Disabilities

By | February 28, 2017

Summary ; As per the Following Notification Aadhaar has been made mandatory for persons receiving benefit under i)Scheme of “National Career Services” (hereafter ii) Scheme of “Stipend to Trainees under the Scheme of Welfare for the Scheduled Castes and the Scheduled Tribes Job-seekers through Coaching, Guidance and Vocational Training implemented by the National Career Services… Read More »

Guidance Note on Audit of Banks 2017 issued by ICAI – Auditing and Assurance Standards Board

By | February 27, 2017

Guidance Note on Audit of Banks 2017 edition issued by the Auditing and Assurance Standards Board – (27-02-2017) The Auditing and Assurance Standards Board of the ICAI has today issued the Guidance Note on Audit of Banks 2017 edition. For the benefit of the members, complete text of the Guidance Note and the contents of… Read More »

Inter-State Purchaser can claim benefit of composition scheme under GST

By | February 27, 2017

Question: A person who makes Inter-State Purchase can claim the benefit of composition scheme under GST? Answer: yes The person who makes any Inter-State Outwards supplies of goods is not entitled for the composition scheme. However, there is no bar on inter-State Purchase of Goods. Therefore, assessee purchasing goods from outside the State is entitled… Read More »

Empanelment of CA for State Health Society- Bihar -FY 2016-17

By | February 27, 2017

Health & Family Welfare Department State Health Society, Bihar Last Date : Mar 24, 2017 HIRING SERVICES OF CHARTERED ACCOUNTANT FIRM FOR STATUTORY AUDIT OF STATE HEALTH SOCIETY (SHS) & DISTRICT HEALTH SOCIETY (DHS) – (FOR THE FINANCIAL YEAR 2016-17) under National Health Mission (NHM) Address: Conference Hall, State Health Society, Bihar, Pariwar Kalyan Bhawan,… Read More »

Empanelment of CA / cost accountant firms for Internal Audit FY 2017-18 -Sardar Sarovar Narmada Nigam Limited

By | February 27, 2017

Sardar Sarovar Narmada Nigam Limited Last Date : Mar 16, 2017 Offer document invitation for the offers for appointment of chartered accountant/cost accountant firms for internal-audit for period from 01.04.2017 to 31.03.2018 Address: Gandhinagar – Gujarat – India Block No-12,7th Floor,New Sachivalaya Complex Gandhinagar- 382 010 Gujarat India Download Complete document for Empanelment of CA /… Read More »

Empanelment of CA for Statutory Audit of State health societies Haryana -FY 2016-17

By | February 27, 2017

National Health Mission Empanelment of CA for Statutory Audit of State health societies Haryana -FY 2016-17 Last Date : Mar 14, 2017 Selection of Auditor request for Proposal Hiring of Services of Chartered Accountant firm for Statutory Audit of State health societies and District health societies of State for the financial year 2016-17. Address: Panchkula… Read More »

Empanelment of CA/ Cost Accountant for Internal Audit of Export Inspection Agency-Delhi

By | February 27, 2017

Internal Audit of Export Inspection Agency-Delhi Last Date : Mar 13, 2017 Engagement Of Chartered Accountants / Cost Accountant Firms For Conducting Internal Audit Of Eia- For The Financial Year 2016-17. Address: New Delhi – Delhi – India Download- Empanelment of CA/ Cost Accountant for Internal Audit of Export Inspection Agency-Delhi

GST Ready Reckoner -An Analytical Study of Revised Model GST Law – 2017 Edition Book -Keshav Garg

By | February 27, 2017

GST Ready Reckoner ( An Analytical Study of Revised Model GST Law ) by Keshav Garg – 2nd Edition 2017 GST Ready Reckoner ( An Analytical Study of Revised Model GST Law ) by Keshav Garg contains topic wise analysis of Revised Model GST Law with Charts and examples. It has 323 pages Publisher: Bharat Law House;… Read More »

Corporate Insolvency before NCLT and NCLAT – 2017 Edition Book for Practice -CS Ajay Kumar

By | February 27, 2017

CORPORATE INSOLVENCY before NCLT & NCLAT (Practice & Procedure) by CS Ajay Kumar CORPORATE INSOLVENCY before NCLT & NCLAT (Practice & Procedure) by CS Ajay Kumar is published by Bharat Law House Pvt. Ltd 1st edn., 2017   You can buy this Book for Rs 804. Click to buy this Book online Publisher: Bharat Law House Pvt. Ltd. Edition:… Read More »

Auditor’s Practice Manual -2017 Edition Book -CA Kamal Garg

By | February 27, 2017

AUDITOR’s PRACTICE MANUAL -3rd Edition 2017- by CA Kamal Garg  Auditor’s Practice Manual -2017 Edition Book -CA Kamal Garg is published by Bharat Law House Pvt. Ltd. 3rd edn., 2017 You can buy this Book for Rs 1796. Click to buy this Book online . It has 1536 Pages Publisher: Bharat Law House Pvt. Ltd. Edition: 3rd edn.,… Read More »

Practical Guide to NPA Resolution – 4 th Edition Book 2017- R.C. Kohli

By | February 27, 2017

Practical Guide to NPA Resolution (4th Edition 2017) by R.C. Kohli  Key Contents of Practical Guide to NPA Resolution – 4 th Edition Book 2017- R.C. Kohli :- Incorporating : SARFAESI & DRT Acts, Insolvency and Bankruptcy Code 2016 In-depth analysis of various types of mechanismsfor Resolution of NPAs/Stressed Assets The complete process for proceedings under the… Read More »

Income Tax Effect on Let out property – Finance Bill 2017

By | February 27, 2017

Income Tax Effect on Let out property What Finance Bill 2017 says about Loss from House Property As per Finance Bill 2017, the set-off of loss from house property against income from any other source is restricted to R2 lakh per annum. Balance loss, if any, will be carried forward for eight subsequent years to… Read More »

J.K. Lasser’s Your Income Tax Professional Edition 2017 – Book for USA Income Tax

By | February 27, 2017

J.K. Lasser’s Your Income Tax Professional Edition 2017 by J.K. Lasser Institute Hardcover: 1032 pages Publisher: Wiley; 1 edition (December 19, 2016) J.K. Lasser’s Your Income Tax: Professional Edition 2017 offers individual taxpayers and tax professionals the latest, most up to date tax information. Completely annotated, this authoritative text guides you toward the case law, IRS code… Read More »

Best Book for Insolvency Professional Examinations – Book 2017 Edition

By | February 27, 2017

Best Book for Insolvency Professional Examinations Here we have compiled list of Best Book for Insolvency Professional Examinations Handbook for The Insolvency and Bankruptcy Code  2016 by G Sekar  Key Features of  this book Handbook for The Insolvency and Bankruptcy Code 2016 Specially Designed for taking up the Insolvency Professional Examinations Contains about 720 MCQs and Hint… Read More »

Taxation Summary Book (A.Y. 2017-18) – CA IPCC May / November 2017 – T.N.Manoharan

By | February 27, 2017

Taxation Summary (A.Y. 2017-18) – CA IPCC May / November 2017 by T.N.Manoharan  ASSESSMENT YEAR 2017-18 For CA IPCC  May / November 2017 Examinations (Includes Income-Tax, VAT, Central Sales Tax, Service Tax, Central Excise, CENVAT Credit and Customs Law) AN ULTIMATE GUIDE FOR QUICK REVISION ALONG WITH NOVEMBER 2016 SOLVED PAPE You can buy this book… Read More »

Advanced Company Law & Practice Book -CS Professional June 2017 – Sangeet Kedia

By | February 26, 2017

Advanced Company Law & Practice for CS Professional June 2017 Exam by Sangeet Kedia Content of this book  Advanced Company Law & Practice Book -CS Professional June 2017 – Sangeet Kedia 1. Introduction 2. Company formation and conversion 3. Alterations in the moa & aoa 4. Issue of securities 5. Allotment of securities 6. Membership &… Read More »

Cost & Management Accounting book -CS Executive June 2017 Exams-Sangeet Kedia

By | February 26, 2017

  Cost & Management Accounting for CS Executive June 2017 Exams & Onwards by Sangeet Kedia  Contents of This Book -Cost & Management Accounting book -CS Executive June 2017 Exams-Sangeet Kedia 1. INTRODUCTION 2. MATERIALS 3. LABOUR 4. OVERHEADS 5. COST SHEET 6. CONTRACT COSTING 7. PROCESS COSTING, JOINT PRODUCTS AND BY PRODUCTS 8. INTEGRAL AND… Read More »

Industrial, Labour & General Law Book- CS Executive June 2017 Exams – Sangeet Kedia

By | February 26, 2017

Industrial, Labour & General Law for CS Executive (New Syllabus) for June 2017 Exams & Onwards by Sangeet Kedia You can buy this Book for Rs 468. Click to buy this Book onilne Related Books for CS Exam CS Exam Books CS Exam Books / Best Books for CS Exam Preparation   Taxmann books for CS… Read More »

Economic & Commercial Laws-CS Executive June 2017 Exams by Sangeet Kedia

By | February 26, 2017

Economic & Commercial Laws (New Syllabus) for CS Executive June 2017 Exams & Onwards  by Sangeet Kedia  Contents of this book – Economic & Commercial Laws (New Syllabus) for CS Executive June 2017 Exams & Onwards  by Sangeet Kedia  Part – A (70 marks) 1. Consumer protection act, 1986 2. Monopolies and restrictive trade practices act,… Read More »

Capital Market & Securities Laws – CS Executive June 2017 Exams -by Sangeet Kedia

By | February 26, 2017

Capital Market & Securities Laws (New Syllabus) for CS Executive June 2017 Exams & Onwards by Sangeet Kedia Contents of this book – Capital Market & Securities Laws (New Syllabus) for CS Executive June 2017 Exams & Onwards : 1.genesis and development of regulatory frame work 2. Securities and exchange board of india act, 1992 3. Capital market… Read More »

Company Law Book- CS Executive Programme- June 2017 Exams by Sangeet Kedia

By | February 26, 2017

Company Law (As per New Syllabus ) for CS Executive Programme for June 2017 Exams & Onwards by Sangeet Kedia  Contents of this book on Company Law Book- CS Executive Programme- June 2017 Exams by Sangeet Kedia • Introduction • classification of companies • promotion and formation of company • memorandum & articles of association • membership… Read More »

Corporate Restructuring Valuation & Insolvency for CS Professional june 2017 by Sangeet Kedia

By | February 26, 2017

Corporate Restructuring Valuation & Insolvency for CS Professional New Syllabus Applicable for June 2017 Exams & Onwards by Sangeet Kedia  Contents of this book Corporate Restructuring Valuation & Insolvency for CS Professional june 2017 by Sangeet Kedia Part – a : corporate restructuring & valuation (80 marks) 1. Introduction 2. Strategies 3. Mergers and amalgamations 4. Reconstruction and… Read More »

Tax , Interest and Penalty as defined in Supreme Court Judgment

By | February 26, 2017

In fiscal Statutes, the import of the word-“tax”,”interest”,”penalty”, etc.are well known. They are different concepts. Tax is the amount payable as a result of the charging provision . It is a compulsory extraction of money by a public authority for public purposes, the payment of which is enforce by law. Penalty is ordinarily levied on… Read More »

Tax wrongfully collected and deposited under GST – Procedure – Section 70 of Revised Model GST

By | February 26, 2017

Section 70 of Revised Model GST GST  is a new law and practically there will be difficulties in ascertaining the nature of transaction whether it is inter-state or intra state, therefore in section 70 of Revised Model GST Law , Govt has inserted section 70 for the benefit of the Assessee. Case-1 If Inter-state supply… Read More »

Referencer for Central Government Employees -2017 by Nabhi’s Board of Editors

By | February 26, 2017

Referencer for Central Government Employees Alongwith Personal Recorder for 2017  by Nabhi’s Board of Editors  This book is written in a very simple language and proceeds in a very systematic manner. The first thirty chapters deal with Pay or Increment or Allowances or Incentives or Leave or Holidays or LTC or Accommodation or Medical Facilities… Read More »

Solved Scanner CA-CPT JUNE 2017 EXAM by CA Amar Omar and CA Rasika Goenka

By | February 26, 2017

Solved Scanner CA-CPT (English) JUNE 2017 EXAM by CA Amar Omar and CA Rasika Goenka This book contains Questions from past examinations with their complete solutions arranged “Chapter-Wise” Instead of year-wise. This is very beneficial to the students as they can study a chapter from textbook and then can go through the past examination questions from… Read More »

Sangeet Kedia’s Tax Laws & Practice for CS Executive June 2017 Exam by Puneet Bhatia & Abhishek Mittal

By | February 25, 2017

Sangeet Kedia’s Tax Laws & Practice for CS Executive June 2017 Exam by Puneet Bhatia & Abhishek Mittal  Useful for CS Executive June 2017 Exam Publisher: Pooja Law Publishing (2017) You can buy this Book for Rs 725. Click to buy this Book online Related Books for CS Exam CS Exam Books CS Exam Books / Best Books… Read More »

Sangeet Kedia CS Professional Programme 2017 Ethics, Governance & Sustainability Book

By | February 25, 2017

Sangeet Kedia CS Professional Programme Ethics, Governance and Sustainability for june 2017  by Abhishek Mittal Key Contents of This Book –  Sangeet Kedia CS Professional Programme 2017 Ethics, Governance & Sustainability Book INTRODUCTION: Ethics & GOVERNANCE ETHICAL PRINCIPLES IN BUSINESS CONCEPTUAL FRAMEWORK OF CORPORATE GOVERNANCE BOARD EFFECTIVENESS: ISSUES AND CHALLENGES BOARD COMMITTEES LEGISLA TIVE FRAMEWORK… Read More »

Sangeet Kedia’s International Business Law & Practices for CS Professional June 2017 Exam -Abhishek Mittal

By | February 25, 2017

Sangeet Kedia’s International Business Law and Practices for CS Professional June 2017 Exam by Abhishek Mittal  Useful for CS Professional June 2017 Exam Publisher: Pooja Law Publishing (2017) You can buy this Book for Rs 300. Click to buy this Book online Related Book for CS Exam CS Exam Books CS Exam Books / Best Books… Read More »

Sangeet Kedia Information Technology & Systems Audit (ITSA) for CS Professional June 2017

By | February 25, 2017

Sangeet Kedia’s Information Technology and Systems Audit (ITSA) for CS Professional June 2017 Exam by Abhishek Mittal Useful for CS Professional June 2017 Exam Publisher: Pooja Law Publishing; 6th edition (2017) You can buy this Book for Rs 225. Click to buy this Book online Related CS Exam Book CS Exam Books CS Exam Books… Read More »

Ethics, Governance & Sustainability Book – CS Professional June 2017 Exam -CS. Anoop Jain

By | February 25, 2017

Anoop Jain’s Ethics, Governance & Sustainability for CS Professional June 2017 Exam by AJ Publications by CS. Anoop Jain  Useful for CS Professional June 2017 Exam Publisher: AJ Publications; 4th Revised edition (2017) You can buy this Book for Rs 365. Click to buy this Book online Related Books for CS Exam CS Exam Books CS… Read More »

Capital Market & Security Law book – CS Executive June 2017 Exam – CS. Anoop Jain

By | February 25, 2017

Capital Market & Security Law for CS Executive June 2017 Exam by CS. Anoop Jain Useful for CS Executive June 2017 Exam Publisher: AJ Publications (2017) You can buy this Book for Rs 425. Click to buy this Book online Related Book for CS Exam CS Exam Books CS Exam Books / Best Books for CS… Read More »

Drafting Appearance and Pleadings Book for CS Professional June 2017 Exam by CS. Anoop Jain

By | February 25, 2017

Drafting Appearance and Pleadings for CS Professional June 2017 Exam by CS. Anoop Jain  Useful for CS Professional June 2017 Exam You can buy this book for Rs 405. Click to buy this book online Related Books for CS Exam CS Exam Books CS Exam Books / Best Books for CS Exam Preparation   Taxmann books… Read More »