A bench comprising Chief Justice Uday Umesh Lalit and Justice Bela M Trivedi said it was sitting in a combination of two and according to a reference order on the matter, it should go before a bench of three judges for disposal.
What Piyush Goyal had to say on the Union Budget.
The Institute of Chartered Accountants of India has declared the dates for its examinations.
The deadline for filing income tax returns is (July 31) fast approaching. While many may be filing returns through their chartered accountant, filing e-returns (electronic returns) is the fastest and more convenient.
As the Indian economy passes through one of its worst times, well known chartered accountant and Convenor of the Swadeshi Jaagran Manch Swaminathan Gurumurthy, in an exclusive interview with Shobha Warrier explains what ails the Indian economy, and the remedy to fix it.
Says it will have implications for auditing work. According to the proposal, commercial banks need not classify a non-serviced loan under NPAs if the borrower has submitted an application for restructuring the package before March 31, 2009.
ICAI starts proceedings against software firm's CFO and head of audit cell.
Company balance sheets could soon acquire a new look, with the government asking ICAI to suggest ways to strengthen reporting norms following Satyam Computer Services scandal 7. ICAI sources said the mandate from the government was to ensure that company managements did not use notes to accounts as a cover-up for misdemeanours. The special group will submit its recommendations over the next few weeks.
On the Superstar's birthday, authors P C Balasubramaniam and Ram N Ramakrishnan explain why they chose to write a book on Rajinikanth.
Students seek transparency! Want to know the real reason for the revision in the results of the final ICAI-conducted CA exam.
The 193-member General Assembly adopted the draft resolution, put forward by Ukraine and its supporters, titled 'Principles of the Charter of the United Nations underlying a comprehensive, just and lasting peace in Ukraine'.
The government on Saturday asked the Institute of Chartered Accountants of India to ensure that accounting professionals strictly adhere to stipulated standards in order to avoid Enron-like cases in India.
The Bhartiya Janata Party (BJP) pulled up the government for a total policy failure, resulting in grave economic crisis.
In the second part of an exclusive interview to rediff.com's Shobha Warrier, S Gurumurthy talks about why he found Bharatiya Janata Party president Nitin Gadkari "morally and legally clean".
In the first part of this exclusive interview to rediff.com's Shobha Warrier, Gurumurthy talks about how he, a chartered accountant, became an investigative journalist and a writer.
The demand for chartered accountants in the corporate world has shot up with stringent income tax laws, which require compulsory maintenance of accounts by specified categories of taxpayers.
A chartered accountant was on Tuesday sentenced to life imprisonment by a court in New Delhi for triggering a mid-air hijack scare in February 2009 by claiming aboard a Goa-Delhi Indigo airlines flight that he had infected needles and a gun.
The taxpayer-funded licence fee supported UK media corporation said it has contacted the social media giant over the designation on its @BBC account to resolve the issue "as soon as possible".
DLF extends fall on corporate governance issues, down 10% in two days DLF is trading lower by 2.2% at Rs 219, extending its previous day's over 7.4% after Arvind Kejriwal, a social activist-turned-politician has accused the real estate developer of favouring Robert Vadra, son-in-law of Congress chief and the UPA Chairperson Sonia Gandhi, with easy loans for some undue gains.
Audit firm points out that the accounting rules do not permit companies to give interest-free loans even to their subsidiaries.
The Central Bureau of Investigation on Wednesday arrested eight people, including the chief executive officer of LIC Housing Finance, for allegedly giving corporate loans for monetary considerations.
Steps like depositing the entire PPF amount before April 5 or preparing a household budget will ensure this financial year goes well.
To shed more light on how GST will affect the individual as well as the nation, Rediff Chat has lined up experts to field your queries.
Before joining IndusInd Bank, he was the regional head of RBS' corporate solutions business in Asia Pacific region and was based in Singapore.
The current revision, approved by the ICAI council last week, addresses issues such as effects of laws and regulations in conducting internal audit, responsibility of management for compliance with laws and regulations, responsibility of internal auditor and internal audit procedures.
Rediff.com columnist M R Venkatesh is a qualified chartered accountant.
The Institute of Chartered Accountants of India's Professional Education-I, Professional Education-II and Final examination will be held from November 1.
Mutual funds are a popular investment tool for investors because it offers a convenient and cost-effective way to invest in the financial markets.
The session was organised in the backdrop of upcoming new Companies Act which is touted to have very strong provisions for both executive and independent directors, said Nitin Mankad, chairman, CII Central Gujarat Zonal Council.
P P Chaudhary the newly-appointed minister of state for corporate affairs, is monitoring and coordinating actions against shell companies.
We bring you an exclusive excerpt from Neeta Shah's debut novel -- Bollywood Striptease.
Loan defaults are not the only reason why you get a low credit score. Rajiv Raj of CreditVidya.com debunks five popular credit score-myths.
From somebody who could not speak good English to becoming the president of Edelweiss Securities, Vikas Khemani speaks about the qualities that make leaders and achievers.
The government paid Rs 164.5 crore to Infosys to build the new income tax e-filing portal between January 2019 and June 2021, Parliament was informed on Monday. "The contract for Integrated e-filing & Centralized Processing Centre (CPC 2.0) Project was awarded through an open tender published on Central Public Procurement Portal (CPPP) to Infosys Ltd, the Managed Service Provider on the lowest cost basis.
Chakraborty, who appeared before the CBI for the first time, left the Defence Research and Development Organisation guest house complex in Santacruz a little after 9 pm, said an official.
The letters were meant to assess if there had been any professional misconduct by any auditors of Reliance Infra and Reliance National Resources Ltd that led to the alleged misrepresentation of investments by these companies.
The fraud was disclosed by Satyam founder Ramalinga Raju himself in January.
Filing income tax returns in a hurry without adequate information about the procedure could add to your woes.
The filing of audit reports was made mandatory in ITR Form 5, 6 and 7 after the tax department noticed discrepancies in filing of some returns along with audit reports.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances