LEGAL & FINANCIAL UPDATES 27.05.2009

UPDATES FROM TAX GURU Disallowance of Excise duty, if any, to be made under section 145A CBI arrested excise Inspector accepting bribe ICAI asked banks to hire qualified auditors instead of chartered accountants who render 'compilation engagement' services Disallowance of Excise duty, if any, to be made under section 145A Posted: 26 May 2009 11:55 AM PDT SUMMARY OF CASE LAW Irrespective of the method followed by an assessee for accounting excise duty, adjustments as specified under section 145A are to be made; when the statute requires a particular... CBI arrested excise Inspector accepting bribe Posted: 26 May 2009 10:00 AM PDT THE CBI has arrested an Inspector of Customs & Central Excise posted in the office of Commissioner, Central Excise, CR Building, ITO, New Delhi for demanding and accepting a bribe of Rs. 8,000/-... ICAI asked banks to hire qualified auditors instead of chartered accountants who render 'compilation engagement' services Posted: 26 May 2009 08:30 AM PDT Accounting regulator, Institute of Chartered Accountants of India (ICAI) has asked the private and public-sector banks to hire the services of qualified auditors instead of chartered accountants who... With Regards,  CA Sandeep Kanoi  Website: http://www.taxguru. in/  Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by email

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