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Secretarial Standards SS1 ( Board meeting) & SS 2 (General meeting) have been notified today and it will take effect fromJuly 1, 2015.
The copy of the Standards are available in Institute website at the following links:
New Income Tax Return (ITR) Forms notified recently that require disclosure of details regarding bank accounts and foreign trips undertaken by an individual will be reconsidered by Government.
MCA has notified The Companies ( Auditor’s Report ) Order 2015, (CARO 2015) recently on 10th April, 2015 . Please find our comments on the same in Expert views section of the website.
Pre 1st April 2014 any application money received by the company and pending allotment till 31.03.2015, won't be treated as deposits if the Company either allots shares or returns the money by June 1, 2015.
Income Computation and Disclosure Standard I relating to accounting policies notified.
Latest Bank Branch Audit Programme can be downloaded from Other Updates in Download Zone.
Hon’ble Delhi High Court Has held that Market interest rate applicable to currency in which loan is repayable to AE has to be used to compute ALP of interest.
Sum received by private Cos. from members, directors or their relative prior to April 1, 2014 not to be deemed as deposits: MCA