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CHARTERED ACCOUNTANT CONTROVERSY
Trinamool crisis deepens amid fund probe row, key resignationsA political storm is brewing in Kolkata as dissident Trinamool MLAs, led by Ritabrata Banerjee, have lodged a police complaint demanding a ...- Maharashtra: ED raids in money laundering case against self-styled godman Ashok KharatThe Enforcement Directorate has escalated its investigation with simultaneous searches across Maharashtra, focusing on the self-proclaimed ...
- CA businesswoman's domestic maid resigns. And teaches her a lesson on how employees should ask salary hikesMeenal Goel, a Delhi-based CA, faces backlash over a LinkedIn post about her maid's resignation. She refused to raise the maid's monthly sa...
- Ask Infosys team to work 1 hour to remove ITR portal glitches: CA mocks Narayana Murthy's '70-hour work' adviceInfosys faces renewed criticism for its faulty income tax filing portal, developed for the Income Tax Department. Chartered accountants nat...
- Taxpayers' charter to send right message to global investors on regulatory certainty: ExpertsExperts said the push to ensure honest taxpayers have certainty and a non-adversarial or soft-touch regime would help put energy and effort...
- Taxman shows up at startup valuers’ doorsTaxmen want to know how valuation was computed for businesses that often weren’t making any money.
- ICAI withdraws controversial demonetisation diktatOn demonetisation, the ICAI (Institute of Chartered Accountants of India) has now issued a fresh advisory for its members.
- Government to further simplify ITR forms, sets up committeeThe tax department had come out with simplified ITR after experts raised objections to the 14 page form which was notified earlier in the y...
- Shah panel on MAT may submit report next week: Arun JaitleyThe committee has held series of consultations with the tax department, various industry chambers, besides institute of chartered accountan...
- A P Shah panel begins stakeholder deliberation on MAT levy on FIIsIn its representation, Assocham said the government should issue a clarification that Minimum Alternate Tax provisions were never intended ...
- Shah Committee on MAT invites suggestions from stakeholdersThe Income Tax Department had sent notices to 68 foreign institutional investors (FIIs) demanding Rs 602.83 crore as MAT dues of previous y...
- Government to make sincere efforts to pass anti-graft measures: PMPM hoped that "an atmosphere is created so that these bills are passed and our fight against corruption can move ahead.
- Accountants’ battle flares up with Companies ActChartered & cost accountants lobbying to sway decision-making with Act’s provisions seemingly limiting scope for the latter.
- Robert Vadra director in at least 12 companies, 6 started only this yearOf the other six firms, which have been in existence for longer period, their preferred banks were Corporation Bank and Standard Chartered.
- Institute of Chartered Accountants of India probing a central council memberA company owned by an elected member of its central council has been receiving payments from its Pune branch for two years.
- Accounting bodies told to take action against guiltyThe move reflects the government's growing unease over the increasing number of incidents, where professionals collude with corporates to d...
- Action against partners, not audit firm, says ICAIInstitute of Chartered Accountants of India has said that the concerned partner who signed on Satyam Computers’ balance sheet will be held ...
- Chartering foreign ship? Get ready to pay tax hereA Chennai bench of the income-tax tribunal has held that a ship is an ‘equipment’ and hence payment for chartering a foreign ship could be ...
- Need tax exemption on bad debts. Easy!Cos claiming tax exemption on irrecoverable sales proceeds can do so without furnishing any proof, says ITAT.
- Reddy skirts issue of PSU banks' autonomy on auditorsReserve Bank of India Governor Y V Reddy has skirted the issue of whether the recent grant of autonomy to public sector banks to appoint au...
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