KSCCA mark Karnataka State Chartered Accountants Association
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News Bulletin >> Jan 2004

WEBVIEW
www.kscaa.com

A. What's New:

1. International Tax - CBDT Circular dated 4.1.04 on BPOs:

2. Auditing and Company Law:

- Simplified Exit Scheme extension Circular
- Bills to amend Chartered Accountants Act, Cost & Works Accountants Act and Co, Secretaries Act, introduced
- ICAI Draft Statement on CARO,2003
- Unlisted Companies (Issue of Sweat Equity Shares) Rules
- Last Date for Obtaining mandatory CPE Credit for 2003 extended to 31st March 2004

3. Service Tax:

- Circular on Exemption for Software maintenance services
- Circular on efiling of Service Tax returns
- Circular on Single registration for multiple services

4. Sales Tax:

- Karnataka Tax on Lotteries Ordinance

5. Bank Audit

- revised empanelment norms for appointment of statutory auditors of public sector banks, select all India financial institutions and RBI.

B. Forums

Members are invited to post their questions on the Forums and also answer the queries posted by others thereby making it an interactive forum for common benefit.

 
learning through Subhashita

Work is accomplished by effort, not by wishing. Deer do not enter the mouth of a sleeping lion.

- Gururaj. S. Kulkarni, ACA

 

The Character of a team
is reflected in the
standards they set
for themselves.

-Annonymous

 

 

 

 

 

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