LEGAL & FINANCIAL UPDATES 08.05.2009

UPDATES FROM TAX GURU ICAI raised doubt on accuracy of audited financial statements of Allahabad Bank, Vijaya Bank and the Central Bank of India The Institute of Chartered Accountants of India (ICAI) has raised apprehensions about the accuracy of the audited financial statements of Allahabad Bank, Vijaya Bank and the Central Bank of India,... CAG plans to move from cash to accrual basis accounting THE Comptroller and Auditor General of India (CAG) plans to move from cash to accrual basis accounting in government within a five year time frame. A National Round Table Conference on Accrual Basis... PricewaterhouseCoopers asked staff to take unpaid leave to cut costs: Here's how you can do it too Patrick Stafford Accounting giant PricewaterhouseCoop ers has asked 5000 full-time staff to take up to three weeks of unpaid leave in an attempt to save costs. Chief executive Mark Johnson said in an... CBEC issued circular on Monitoring & disposal of pending appeals Posted: 07 May 2009 04:58 AM PDT Circular No.  885/05/ 2009-CX  Dt 30.4.2009  (F.No.275/121/2008-CX.8A) Central Board of Excise & Customs     Subject:  Monitoring of pendency of appeals – instructions regarding. In supersession... Prepare & File Electronically MVAT Return Easily with the help of Tally Government of Maharastra has made it mandatory for all dealers to file their VAT returns only through electronic format. Dealers can e-file periodical returns from any place at any time... With Regards,  Sandeep Kanoi  Website: http://www.taxguru. in/  Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by email

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