Appendix No-4 – The Chartered Accountants Act, 1949

Ref. Clause (iv) of sub-section (1) of Section 4 S.O.No. 1577. – In pursuance of clause (iv) of subsection (1) of Section 4 of the Chartered Accountants Act, 1949 (38 of 1949), and in supersession of the Notification of the Government of India in the late Ministry of Commerce, No. 63(15)-Law(B)/50 dated the 24th October, 1950 as amended from […]

Appendix No-3 – The Chartered Accountants Act, 1949

Ref. Clause (iii) of sub-section (1) of Section 4 No. 63(1)-Law(C.A.)/49.– In pursuance of clause (iii) of sub-section (1) of Section 4 of the Chartered Accountants Act 1949 (38 of 1949) the Central Government is pleased to specify the following conditions which a person referred to in the said Clause shall fulfil in order to

Appendix No-2 – The Chartered Accountants Act, 1949

Resolutions passed by the Council under clause (iv) of sub-section (2) of Section 2 (1) “Resolved that a member of the Institute shall be deemed to be in practice during the period he renders ’service with armed forces’.” (2) “Pursuant to Section 2(2)(iv) of the Chartered Accountants Act, 1949, the Council hereby reiterates its opinion that the service that

Appendix No-1 – The Chartered Accountants Act, 1949

Ref. sub-section (3) of Section 1 No. 10-A(4)/49.– In pursuance of sub-section (3) of Section 1 of the Chartered Accountants Act, 1949 (38 of 1949), the Central Government is pleased to appoint the 1st day of July 1949, as the date on which the said Act shall come into force. Ranganathan, Joint Secy. [Published in Part

Types of Wills in India

Almost everyone is familiar with the general idea or concept of a will. We know it is a written statement made by a person expressing how one would like his or her assets to be distributed in the event of one’s death. And yet, several people die every year without a will causing family feuds

GST on Interest Income

GST on Interest Income

Under the GST Regime, assessees are required to obtain registration under the GST Act based on their aggregate turnover. All taxpayers (suppliers of goods and services) are granted a threshold exemption. If the total turnover exceeds this threshold limit, registration under GST is mandatory. Interest on late payments doesn’t have the necessary elements to consider

The Second Schedule Part -III – The Chartered Accountants Act, 1949

Other misconduct in relation to members of the Institute generally A member of the Institute, whether in practice or not, shall be deemed to be guilty of other misconduct, if he is held guilty by any civil or criminal court for an offence which is punishable with imprisonment for a term exceeding six months.] Practice

The Second Schedule Part -II – The Chartered Accountants Act, 1949

Professional misconduct in relation to members of the Institute generally A member of the Institute, whether in practice or not, shall be deemed to be guilty of professional misconduct, if he- (1) contravenes any of the provisions of this Act or the regulations made thereunder or any guidelines1 issued by the Council; (2) being an employee of

The Second Schedule Part -I – The Chartered Accountants Act, 1949

Professional misconduct in relation to chartered accountants in practice A chartered accountant in practice shall be deemed to be guilty of professional misconduct, if he– (1) discloses information acquired in the course of his professional engagement to any person other than his client so engaging him, without the consent of his client or otherwise than as required

The First Schedule Part -IV – The Chartered Accountants Act, 1949

Other misconduct in relation to members of the Institute generally A member of the Institute, whether in practice or not, shall be deemed to be guilty of other misconduct, if he- (1) is held guilty by any civil or criminal court for an offence which is punishable with imprisonment for a term not exceeding six