Section 30A – The Chartered Accountants Act, 1949

Powers of Central Government to direct regulations to be made or to make or amend regulations (1) Where the Central Government considers it expedient so to do, it may, by order in writing, direct the Council to make any regulations or to amend or revoke any regulations already made within such period as it may specify in […]

Section 30 – The Chartered Accountants Act, 1949

Power to make regulations (1) The Council may, by notification in the “Gazette of India”, make regulations for the purpose of carrying out the objects of this Act. 1[…] (2) In particular, and without prejudice to the generality of the foregoing power, such regulations may provide for all or any of the following matters :- (a) the standard and conduct

Section 29A – The Chartered Accountants Act, 1949

Power of Central Government to make rules (1) The Central Government may, by notification, make rules to carry out the provisions of this Act. (2) In particular, and without prejudice to the generality of the foregoing powers, such rules may provide for all or any of the following matters, namely :- (a) the manner of election2 and

Section 29 – The Chartered Accountants Act, 1949

Reciprocity (1) Where any country, specified by the Central Government in this behalf by notification in the Official Gazette, prevents persons of Indian domicile from becoming members of any institution similar to the Institute of Chartered Accountants of India or from practising the profession of accountancy or subjects them to unfair discrimination in that country, no subject of any such country shall be

Section 28D – The Chartered Accountants Act, 1949

Terms and conditions of services of Chairperson and members of Board and its expenditure (1) The terms and conditions of service of the Chairperson and the members of the Board, and their allowances shall be such as may be specified1. (2) The expenditure of the Board shall be borne by the Council.] Amendment 1 Rules made by the Central Government, called

Section 28C – The Chartered Accountants Act, 1949

Procedure of Board The Board shall meet at such time and place and follow in its meetings such procedure as may be specified1. Amendment 1 Rules made by the Central Government, called ’The Chartered Accountants (Procedures of Meetings of Quality Review Board, and Terms and Conditions of Service and allowances of the Chairperson and members of the Board) Rules, 2006’ have been published

Section 28B – The Chartered Accountants Act, 1949

Functions of Board The Board shall perform the following functions, namely :– (a) to make recommendations to the Council with regard to the quality of services provided by the members of the Institute; (b) to review the quality of services provided by the members of the Institute including audit services; and (c) to guide the members of the Institute to improve the quality

Income Tax eFiling

Income tax is a tax charged on the annual income earned by an individual. The amount of tax paid will depend on how much money you make as income over a financial year. Return Type Applicability ITR-1 ITR-1 form can be used by Individuals who have less than Rs.50 Lakhs of annual income earned by way of

Investor Protection Measures of SEBI

The Securities and Exchange Board of India (SEBI) plays a vital role in regulating and developing the Indian financial markets. Established in 1988, SEBI is the primary regulatory authority for securities markets in India. Its principal objective is to protect investors, maintain market stability, and promote the development of the securities marketThe Primary and Secondary

Section 28A – The Chartered Accountants Act, 1949

Establishment of Quality Review Board (1) The Central Government shall, by notification, constitute a Quality Review Board consisting of a Chairperson and ten other members. (2) The Chairperson and members of the Board shall be appointed from amongst the persons of eminence having experience in the field of law, economics, business, finance or accountancy. (3) Five members of the Board shall be