Monthly Archives: February 2012

Become Examiner for Chartered Accountancy Examination

Hello Friends If you want to become examiner/question paper setters/moderators for Chartered Accountancy Examination then you are required to submit few details about yourself with ICAI in their prescribed format. Here I am attaching the said application format. If anyone … Continue reading

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25 CA Required at National Insurance Company Limited

Hello Friends…. National Insurance Company Limited is going to recruit 25 CA. For more information click Job for CA. Please read the notification clearly before applying for the same.

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Brief on Revised Schedule VI

Hello Friends here I am sharing major changes in reporting under revised schedule VI. Following are the changes in Balance Sheet Reporting:- Liabilities Side Equity and Liabilities will be shown instead of Source of Funds. Debit balance of Profit and … Continue reading

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Deduction U/S 80G of Income Tax Act 1961

Hello Friends here I am sharing certain important points which are require to be considered while donating for the purpose of claiming deduction under section 80G of Income Tax Act. Following condition must be satisfied for claiming deduction u/s 80G:- … Continue reading

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Point of Taxation Rules, 2011 Service Tax

Hello Friends here I am sharing about Point of Taxation Rules, 2011 (Service Tax) Point of Taxation Rules, 2011 is effective from 01.04.2011. As per this rule payment of service tax is to be made on the accrual basis instead … Continue reading

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Salaried Assesses having Income Upto Rs. 5 Lakhs Exempt from ROI For AY 2012-13

By Notification No: 9/2012, dated 17th February, 2012 Central Government exempts salaried assesses with income upto Rs 5Lakhs from filing return of income for the assessment year 2012-13. Following condition must be satisfied for availing this exemption:- Individual must have … Continue reading

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What is Credit Monitoring Arrangement (CMA) Reports

As per Reserve Bank of India CMA stands for Credit Monitoring Arrangements. CMA reports is used by the Banks for sanctioning the loans to company. CMA report shows the performance of company during last 3 years and projected report for … Continue reading

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ICAI Continuing Professional Education Hours (CPE Hours)

Hello Friends Here I am sharing about the Continuing Professional Education (CPE) Hours require to be completed by a member of ICAI. Continuing Professional Education (CPE) Hours Requirements for Members holding Certificate of Practice (COP): In case a member holds … Continue reading

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What is XBRL (eXtensible Business Reporting Language)

XBRL stands for eXtensible Business Reporting Language. XBRL is developed by XBRL International which is a not-for- profit organization consists of companies and agencies internationally, working together to build the XBRL language standard, promote and support XBRL’s adoption. XBRL is … Continue reading

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ICAI Campus Placement Interview Schedule Feb-Mar’2012

Hello Friends Here i am sharing the Interview Schedule date for ICAI Campus Placement Programme to be held in various centres for the period February’2012-March’2012. Ahmedabad 27-Feb-2012 UTI Asset Management Company Pvt.Ltd. Ahmedabad 27-Feb-2012 Tata Consultancy Services Ltd. Ahmedabad 27-Feb-2012 … Continue reading

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