Click here to See the paper of Financial Reporting May-2014 Exam Paper
Tuesday 27 May 2014
Thursday 22 May 2014
Applicability of Companies Act, 2013 for November, 2014 and May, 2015 examinations
Applicability of Companies Act, 2013 for November, 2014 and May, 2015 examinations
The Council at its 333rd Meeting held on 14th & 15th May, 2014.
considered the applicability of further notified 184 sections of the Companies Act, 2013 along with Final Rules for the forthcoming examinations and consequential modification in the syllabus of Intermediate (IPC) and Final Courses.
Pursuant to the Council's decision, the Board of Studies has already hosted the following announcements at the Institute's website for the information of the students:-
Applicability of notified sections of Chapter IX, "Accounts of Companies" and Chapter X, "Audit and Auditors" of the Companies Act, 2013 along with its Rules for November 2014, Examinations for Final Course. (http://220.227.161.86/33530bos23144nov14.pdf)
Applicability of notified sections of the Companies Act, 2013 for May 2015, Examinations. (http://220.227.161.86/33529bos23144may15.pdf)
Revision of the syllabus for May 2015 examinations and onwards pursuant to enactment of the Companies Act, 2013. (http://220.227.161.86/33531bos23144syllabus.pdf)
Students may note that as per announcement dated 15th March, 2014
hosted on the students' portal at http://220.227.161.86/32800bos-announ15mar14.pdf regarding applicability of 53 sections and 45 sections of the Companies Act, 2013 for November 2014 examinations for Intermediate (IPC) and Final Course respectively for which supplementary Study material is already hosted on the website.
Further, the material related to Chapter IX, "Accounts of Companies" and Chapter X, "Audit and Auditors" of the Companies Act, 2013 along with its Rules for November 2014, Examinations for Final Course will also be hosted at an early date.
In case of any clarification, students may send their query at nisha.gupta@icai.in; or megha.goel@icai.in
Wednesday 21 May 2014
New Form 49A & 49AA WEF 16.05.2014
CBDT has revised PAN Application form 49A and 49AA wef from 16.05.2014 vide its notification no.26/2014 , Dated- 16-5-2014. Revised Form 49A and 49AA provides option to get printed Mothers Name on PAN card. So those applying for New PAN card or for revised PAN card have the option to get printed on their PAN card printed the name of his/her mother.But applicant can select only one option, he /she cannot have the name of both mother and father printed on PAN card. In case Applicant do not exercise his/her option than by default Father's name will get printed on PAN card.
For more details Please Visit below Notification and Revised Form 49A and 49AA :-
Notification No. 26/2014 , Dated- 16-5-2014
S.O. 2045(E) - In exercise of the powers conferred by section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby makes the following rules further to amend the Income-tax Rules, 1962, namely:—
1. (1) These rules may be called the Income–tax (5th Amendment) Rules, 2014.
(2) They shall come into force on the date of their publication in the Official Gazette.
2. In the Income-tax Rules, 1962, in Appendix II, for Forms 49A and 49AA, the following Forms shall be substituted, namely:—
download it from here..
[IN THE CASE OF INDIAN CITIZENS/INDIAN COMPANIES/ENTITIES INCORPORATED IN INDIA/UNINCORPORATED ENTITIES FORMED IN INDIA]
[INDIVIDUALS NOT BEING A CITIZEN OF INDIA/ENTITIES INCORPORATED OUTSIDE INDIA/UNINCORPORATED ENTITIES FORMED OUTSIDE INDIA]
Friday 9 May 2014
India Started its own Payment Gateway "RuPay"
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| RuPay |
New Delhi, May 8 (IANS) President Pranab Mukherjee Thursday dedicated to the nation indigenous card payment network called RuPay taking on the global players like Visa and MasterCard.
The new payment network developed by the National Payments Corporation of India (NPCI), a not-for-profit company envisioned by the Reserve Bank of India (RBI) and created by the banking industry, covers all the automated teller machines (ATMs) and most of the retail and e-commerce platforms.
"RuPay" is the coinage of two terms Rupee and Payment.
"Dedication of RuPay to the nation is symbolic of the maturity of the payment system development in India," Mukherjee said after formally launching the card at a function at Rashtrapati Bhavan.
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