Direct Taxes Code - Global Think Tank

The new Indian Direct Taxes Code (DTC) Bill proposed to be introduced from financial year 2012. The proposed Code is currently being scrutinized by the Indian Parliament. Taking the opportunity to provide comments and recommendations on the New Code, the DTC Global Think Tank convened by Nishith Desai Associates analyses some of its key international Dimensions.

The members of the DTC Global Think Tank have significant expertise and experience in international tax policy and include renowned academicians, jurists, public policy experts and industry leaders from developed and developing countries.

The report of the DTC Global Think Tank provides interesting insights and an objective assessment of legal, constitutional and international law implications of specific DTC proposals that impact the global business community. The members of the Think Tank argue in favor of a robust, fair, stable, sustainable and trust based tax regime that would enhance India’s participation in international trade and investment flows and facilitate its emergence as a responsible economic power.

XBRL Demystified

A Practical Guide for Effective MCA Compliance & Filing In India
This book is a practical Guide to assist professionals whether in practice or part of corporate team, in filing efficiently and effectively, good quality XBRL Documents with MCA.

The book is a piece of work which will act like a practical guide and help to understand and appreciate XBRL concepts and resolved XBRL related issues.

We are sure that through this book, the concepts of XBRL, are truly and completely demystified and understood.

SEBI Act

First comprehensive legal commentaries on the SEBI Act, 1992. The section-wise study of the statute includes extensive reference to judicial pronouncements and their analysis, the recommendations of various expert committees, comparative study of similar powers of other regulators - both domestic as well as foreign. The book also chronicles the evolution of securities law in India and provides insights on the road ahead.

XBRL Zero to Pro in 2 Days

“XBRL: Zero to Pro in 2 days” provides a rare combination of concise as well as comprehensive exposition on the beleaguering topic which is “XBRL”, eXtensible Business Reporting Language. This book has been written specifically in the context of the Indian Ministry of Corporate Affairs’ XBRL mandate and thus leaves out all the unnecessary aspects of XBRL. Both, the concept of XBRL and its use for complying with the mandate, have been simplified to the maximum possible extent. This enables the common man who has absolutely no idea about XBRL to learn and become capable of using XBRL, and that too in a matter of few days!

Highlights:
Explanations are given in context of “Revised Taxonomy” published on 27th August, 2011 by the MCA
Interpretation and analysis of Updated Business Rules published by the MCA
Includes detailed explanation of Validation in the context of MCA validation tool
Written from the point of view of an Accountant and not from a technical standpoint
All aspects relevant to Indian MCA mandate have been dealt with, including XBRL conversion process using different software

Includes other relevant literature on Future of XBRL, Opportunities for professionals as well as General Circulars issued by the MCA.

Corporate professional Today

Dear Members,

It gives me immense pleasure to share the e-copy of magazine "Corporate Professionals Today" published by Taxmann for the current month.

The main focus of the magazine is on controversies in the matters of income-tax, service tax and accounts and audit. In addition to these, it covers various articles analyzing the recent developments.

I am encapsulating the articles covered in this magazine under following heads to give you an idea about the in-depth nature and extent of range of our article:
1) Controversy of taxability of capital gain under MAT - By Mr. S. Rajaratnam
2) Controversies wrt TDS - By Narayan Jain and Gaurav Pahuja
3) Controversies on allowability of charitable status to facilitating NGO's (If parent trust is just supporting its member trust, the parent trust is entitled for benefit under Section 11 and 12 and many more issues) - By Manoj Fogla;
4) The uncharitable face of charity - Analyzing the amendment of expression "any activity of rendering any service in relation to any trade, commerce or business" - By Mr. G. N. Gupta;
5) Controversies on allowability of treatment of expenditure incurred before commencement of business (i.e. preliminary expenses and pre-operative expenses) - By Naveen Wadhwa (it's me)
6) Fair value accounting - By Mr. Dolphy D'Souza
7) Issues in CARO reporting and Schedule VI - By. Srinivasan Anand G
8) Synchronization of AS 11 and AS 16 - By Varun Kumar
9) Controversies on service tax in form of FAQ - By Mr. V.S. Datey
10) Shamiana and Pandal - By Mr. T.N. Pandey
11) Conversion of CA firm into LLP, investment planning, stock market, etc.

I feel the copy of magazine will serve as a collectors' item for yourself, as it it the special annual issue on the 7th anniversary of this magazine.
(Just want to clarify, this e-magazine is meant especially for circulation without violating the copyright)

Click to the following link & Get your free copy of Corporate professional Today

Thanks and regards
CA Naveen Wadhwa
Editor Corporate professional Today

Cost Audit Practice Manual

A Comprehensive & Illustrated Guide To Cost Audit & Cost Accounting Records under Cost Accounting Records Rules 2011/Cost Audit Report Rules 2011/Cost Accounting Standards

Incorporates :
Which Companies are required to maintain cost records
Exemption to SMEs from obligations to maintain cost records
How to maintain cost records in accordance with Cost Accounting Standards and GACAP issued by ICAI
How to issue Compliance Report by Cost Accountant
How to issue Cost Audit Report
How to issue Performance Appraisal Report by Cost Auditor as required by Companies (Cost Audit Report) Rules, 2011
Glossary of cost accounting terms
Cost Accounting Standards
Guidance Note on CAS-6
Generally Accepted Cost Accounting Principles (GACAP)
ICWAI’s clarifications on appointment of Cost Auditor/Cost Accounting Records Rules, 2011/Cost Audit Report Rules, 2011
MCA’s Master Circular No. 2/2011 dated 11-11-2011
MCA’s clarifications issued on 30-11-2011
FAQs on Cost Audit
New Activity/Industry specific Cost Accounting Records Rules for different industries
Cost Accounting Records (Petroleum Industry) Rules, 2011
Cost Accounting Records (Fertilizer Industry) Rules, 2011
Cost Accounting Records (Pharmaceutical Industry) Rules, 2011
Cost Accounting Records (Sugar Industry) Rules, 2011
Cost Accounting Records (Telecommunication Industry) Rules, 2011
Cost Accounting Records (Electricity Industry) Rules, 2011

Lokpal Bill 2011

Guide to Lokpal & Lokayukta Bill 2011, Right of Citizens for Time Bound delivery of Goods and Services and Redressal of their Grievances Bill 2011.

You can get the information about Investigation & Action by Lokpal, Declaration of Assets by Public Servants, Right to Appeal to State Public Grievance Redressal Commission.

For more information visit us Lokpal & Lokayuktas Bill 2011 or call us Delhi: 011-45562222, Mumbai: 9322247686, Ahmedabad: 9909984900

Companies Bill 2011

The book contains Comparative Analysis of provisions of Companies Act 1956 and Companies Bill 2011, Comprehensive analysis of changes proposed by Companies Bill 2011 and Commentary on new provisions proposed by Companies Bill 2011 in about 150 pages.
Some of the salient features of changes in Company Law Proposed by the Companies Bill 2011 are:

Company’s financial year to be 1st April to 31st March except in certain cases, maximum number of members in a private company-limit proposed to be increased from 50 members to 200 members, speedy incorporation process with detailed declarations and disclosures about the promoters, directors etc.

127 Years of Direct Tax Laws 1886-2012

Direct Tax Laws DVD contains a complete Database on Direct Tax Laws since 1886. The DVD is updated weekly.

This DVD contains nearly 61,000 Judgments of Supreme Court, High Courts & ITAT since 1886 / 2,100 Circulars / 10,500 Notifications / 5,600 Articles.

The DVD contains almost all judgments reported in various Tax Journals namely, 200 Vols. Of Taxman / 130 Vols. of ITD / 48 Vols. of SOT / 340 Vols. of ITR / 244 Vols. of CTR / 141 Vols. of TTJ /taxmann.com / ITR(T) / ITC.

You may evaluate this DVD for 15 days free of any charge. In case you need to extend its usage for a year you can purchase this DVD by paying annual subscription of ` 6975 (inclusive of all taxes).

For more information visit us Direct Tax Laws DVD or call us Delhi: 011-45562222, Mumbai: 9322247686, Ahmedabad: 9909984900

100 Years of Company Law 1913-2012

Complete library of major tax Journals DVD contains a complete Database on Company Law since 1913 with Securities Laws, Foreign Exchange Laws, Competition Laws, Banking & Insurance Laws, and Other Corporate Laws

DVD contains nearly 9800+ Judgments, 150+ Acts, 350+ Rules, 900+ Forms, 6000+ circulars, 2500+ Notifications

Company Law DVD provides always updated statutes, complete library of case laws, expert opinions and commentaries.

You may evaluate this DVD for 15 days free of any charge. In case you need to extend its usage for a year you can purchase this DVD by paying annual subscription of ` 6975 (inclusive of all taxes).

For more information visit us Company Law DVD or call us Delhi: 011-45562222, Mumbai: 9322247686, Ahmedabad: 9909984900