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Articles ICSI wants secretarial audit for private cos too ITAT deletes Addition for unexplained cash credit in the form of Share Capital & Share Premium HC grants exemption U/s. 54F on construction of new house after demolishing of old one . High income, low tax... House that! Income tax filers get refund of Rs 2.67 lakh cr in last 3 yrs No Disallowance under section 14A If Own Funds Exceed Borrowed Funds Completion of Statutory Audit after the due date of Return will impose no penalty for filing tax audit report in Form 3CB Important case laws from Jan 2014 to April 2014 Systematic investments in top equities make sense Black economy now amounts to 75% of GDP Black money: 'Warehouse' of tax data for I-T in the offing Only two free third-party ATM withdrawals per month Clarification Regarding Acquisition and Transfer of Immovable Property in India by Foreign Nationals Shared Files INCOME TAX Form 3CD-New Format in excel file Form 3CD-New Format in word file CORPORATE LAW Frequently Asked Questions on Companies Act, 2013 OTHER ICAI Journal of August-2014 Change preferences with regards to topics. | Unsubscribe | Invite Friends

On Tuesday, 5 August 2014 5:03 PM, IFAC <communications@ifac.org> wrote:

	August 5, 2014
	Latest Viewpoint Governments Can't Expect Others to Do What Only They Can—They Must Step Up and Cooperate on Taxation by Russell Guthrie, IFAC Executive Director, Professional Relations and CFO Few people would argue that a key objective of a sound and effective taxation system is to strengthen the public's confidence that revenue authorities are collecting what is due and payable, and organizations and individuals are paying the amount that laws require and intend them to pay. But what is that intended amount?		WHAT'S IN THIS ISSUE Audit & Assurance Practice Management
	Audit & Assurance
	1. Discussion | Working Our Way to Consensus: Internal Controls and the Audit of Smaller and Less-Complex Entities Firms can have very different approaches to the requirements of the International Standards on Auditing that address risk, in particular with regard to internal controls. 2. Resources | View All Auditing Special Purpose Frameworks: Tests of Balances Article | Accounting Web 3. News | View All ICAEW Rejects Local Audit Proposals July 30, 2014 | Economia
	Practice Management
	1. Discussion | Monitoring and Benchmarking Key Performance Indicators: Part Two Part One of this two-part series looked at how to select key performance indicators; Part Two looks at benchmarking and using the data. 2. Discussion | Is Value Pricing the Way of the Future? We Asked and You Said Yes! We asked if you think Value Pricing will be the strategy of the future—results are in! 3. Resources | View All Going Global: Social Media Marketing for Small Businesses Report | American Express SmartBrief Time's Up: The Benefits and Challenges of Moving Away from the Billable Hour Article | Journal of Accountancy Using Excel to "Map" a Trial Balance to a Set of Accounts – Part 2 Article | Institute of Chartered Accountants in England and Wales Survey: How Accountants Keep Up with Tech Trends Article | CPA Trendlines Travel Industry Experts Show How You're Missing Savings Article | Public Accountant "Big Data" Listed as Top Issue Facing Forensic and Valuation Professionals in Next Two to Five Years: AICPA Survey Article | American Institute of CPAs 4. News | View All Jobs, Enterprise, and Innovation Committee Launch Report on Access to Finance for SMEs July 30, 2014 | CPA Ireland Demand for Accountants Brings Rising Salaries, Signing Bonuses July 23, 2014 | Crain's Detroit Business Big Data Tops Issues Facing Forensic and Valuation Accountants July 23, 2014 | Journal of Accountancy
	Prepared by IFAC's Communications Department. Contact communications@ifac.org for further information. Copyright © 2014 by the International Federation of Accountants (IFAC). All rights reserved. Written permission from IFAC is required to reproduce, store or transmit, or to make other similar uses of, this document, except as permitted by law. Contact permissions@ifac.org. Unsubscribe from all IFAC emails | Manage IFAC subscriptions

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Posted by: Dipak Shah <djshah1944@yahoo.com>

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