The city-headquartered company is also aiming to shift to renewable sources of power to fire the entire 50 million tonnes of production, Jindal said speaking at an event organized by the Bombay Chartered Accountants Society late on Thursday evening.
The modification was notified on May 4 and brings CAs and other professionals under the PMLA ambit if they undertake any financial transactions on behalf of a client
The council further said that such hasty arrests could be avoided in case the requisite protocols and SOPs are in place before any arrests are made.
A bench of Chief Justice Satish Chandra Sharma and Justice Subramonium Prasad issued notice on a petition by Venugopal Swami B who claimed that sections 21(9), 21A(6) & (7) and 21B (6) & (7) of the Act as amended by The Chartered Accountants and Company Secretaries (Amendment) Act, 2022 are contrary to Articles 14, 19(1)(g) and 21 of the Constitution and should thus be quashed.
At present, the panel comprises two non-CA nominees and three ICAI members.
You will have to pay a penalty of up to Rs 5,000, but it is best to complete the process as soon as possible
There is widespread discontent within the chartered accountant community with the way ICAI conducts examinations, elections to its governing bodies that have become extravagant spending spectacles, and mismanagement, in general
Strengthening the disciplinary mechanisms, providing provision for time-bound disposal of cases against the members of the three institutes, addressing the conflict of interest between the institutes’ administrative and disciplinary arms, and enhancing overall accountability are the bill’s key objectives.
It’s time to crack down hard on errant auditors
Set up recently, NFRA has the powers to launch a suo motu investigation on suspected accounting irregularities. It is also empowered to penalise chartered accountants and audit firms
NFRA will also haves powers to investigate and penalise any member or firm of chartered accountants
Chartered accountants' apex body ICAI today said it is looking at alleged accounting irregularities at some Tata group companies in the wake of concerns raised by ousted chairman Cyrus Mistry.
Chauhan also told them that the PMGKY should not be considered as the "Income Declaration Scheme Part-II" as it has a different "motive and purpose".
Across the country, black money holders are looking at creative ways to launder their stash with minimum loss — one of them is through investing in art.
Defence Minister Manohar Parrikar today asked chartered accountants to advise their clients to use the government's black money window to come clean on tax evasion by September 30.
Besides barring the firm and its directors from capital markets for four years, Securities and Exchange Board of India (Sebi) also directed the company to pay 15 percent interest annually along with the refund amount.
Dhir & Dhir Associates, India’s leading full service law firm with expertise and experience of more than two decades across sectors and ...
Move marks opening of Law Firm’s fourth office world-wide
In a discussion, CNBC-TV18's Ekta Batra and Nigel D'Souza caught up with some members of the "Gitanjali Express", a group of chartered accountants originating from Kolkata but working in Mumbai, to get their views on the sphere they operate in.
Balwant Jain of apnapaisa.com presents a series of things which an individual should not forget while filing the tax returns. He emphasises on notional incomes, gifts, capital gains from mutual funds and so on.
