Recommendations to check or curb litigation/facilitate speedier disposal Amendments to provide that in cases where shares are shown as capital assets and held for one year or less, the Assessing Officer will not re-characterise the surplus on sale as business income, provided the surplus in a year is rupees five lakhs or less; in case … Read more
With the budget round the corner, the Department of Ministry of Finance is flooded with the representations conveying the expectations, suggestions, amendments and clarifications in the laws to be implemented in the forthcoming budget. Although, the list of expectations and amendments needed is never ending, but this article is penned to highlight the changes expected … Read more
Announcement The Council of the Institute of Chartered Accountants of India (ICAI), at its 349th meeting held on 17th and 18th January, 2016 considered an issue relating to manner of signing of certificates by Chartered Accountants. The Council noted that presently different practices were in vogue in respect of the manner of signing of various … Read more
Website Guidelines The Council at its 212th meeting held in January, 2001 approved the detailed guidelines for posting the particulars on Website by Chartered Accountant(s) in practice and firm(s) of Chartered Accountants in practice. Subsequently, the Council at its 235th meeting held in July, 2003 amended sub-paras (8) & (20) of the said guidelines. Thereafter, … Read more
FOR INFORMATION OF THE MEMBERS Sub: Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2015” – from 31st December, 2015 to 31st March, 2016 This is for kind information of the members that the last date for complying with the CPE Hours requirement for the Calendar Year 2015 … Read more
ICAI WIRC elections 2015 final Update – List of the elected Regional Council Members of WIRC and their ranking SR.No. NAME OF CANDIDATE Votes Rank 1 40. SAVLA PRITI PARAS- (MUMBAI) 1681 Elected 1 2 12. CHITALE SUSHRUT MUKUND- (MUMBAI) 1681 Elected 2 3 29. KHANDELWAL PURUSHOTTAM LAL- (AHMEDABAD) 1681 Elected 3 4 14. DESAI DRUSHTI RAHUL- … Read more
ICAI elections 2015 final Update – List of the elected Central Council Members of WIRC and their ranking Position NAME OF CANDIDATE Votes Rank 1 22. ZAWARE SHIWAJI BHIKAJI – (PUNE) 3230 Elected -I 2 21. VIKAMSEY NILESH SHIVJI – (MUMBAI) 3230 Elected -II 3 8. HEGDE NANDKISHORE CHIDAMBER – (MUMBAI) 3230 Elected -III 4 19. … Read more
Postion NAME OF CANDIDATE Total Rank 1 40. SAVLA PRITI PARAS- (MUMBAI) 1681 Elected I 2 12. CHITALE SUSHRUT MUKUND- (MUMBAI) 1681 Elected II 3 29. KHANDELWAL PURUSHOTTAM LAL- (AHMEDABAD) 1681 Elected III 4 14. DESAI DRUSHTI RAHUL- (MUMBAI) 1681 Elected IV 5 8. ALSHI RAKESH GANPAT- (MUMBAI) 1681 Elected V 6 28. KELKAR … Read more
Postion NAME OF CANDIDATE Total Rank 1 40. SAVLA PRITI PARAS- (MUMBAI) 1681 Elected I 2 12. CHITALE SUSHRUT MUKUND- (MUMBAI) 1681 Elected II 3 29. KHANDELWAL PURUSHOTTAM LAL- (AHMEDABAD) 1681 Elected III 4 14. DESAI DRUSHTI RAHUL- (MUMBAI) 1681 Elected IV 5 8. ALSHI RAKESH GANPAT- (MUMBAI) 1681 Elected V 6 28. KELKAR ABHIJIT … Read more
WIRC election Update – Final Position After Elimination of candidate No.10 BARMECHA MOHANLAL SAMPATLAL- (AHMEDNAGAR) Postion NAME OF CANDIDATE Total Rank 1 40. SAVLA PRITI PARAS- (MUMBAI) 1681 Elected I 2 12. CHITALE SUSHRUT MUKUND- (MUMBAI) 1681 Elected II 3 29. KHANDELWAL PURUSHOTTAM LAL- (AHMEDABAD) 1681 Elected III 4 14. DESAI DRUSHTI RAHUL- (MUMBAI) 1681 … Read more