National Rural Health Mission

Description :Hiring Services of Chartered Accountant firm for Concurrent Audit of District Health & Family Welfare Society (for the financial year-2012-13 

National Rural Health Mission

Address :National Rural Health Mission
Karnataka State Health & Family Welfare Society  Anand Rao Circle,Bangalore-560009 

Phone :080-22342023 

Last Date : 22/11/2012 

Uttar Pradesh Power Corporation Limited

Description :
Empanelment of Charted Accountants Firms for Internal Audit of the units of UPPCL & UPPTCL Head Quarters & its various drawing & disbursing units located in various districts of Uttar Pradesh 

Uttar Pradesh Power Corporation Limited


Address :Uttar Pradesh Power Corporation Limited Dy,General Manager (Accounts).
Room No.306,3rd Floor
Shakti Bhawan,Lucknow. 

Last Date : 23/11/2012 

Scrutiny by ROC

EXAMINATION OF BALANCE SHEETS BY ROCs

GENERAL CIRCULAR NO. 37/2012, DATED 6-11-2012

It is considered expedient to issue the following circular for general information.

2. Every company registered under the provisions of the Companies Act, 1956 is required to file its balance sheet annually with the office of the Registrar of Companies within whose jurisdiction the registered office of the company is located. Presently, there are more than 8 lakh companies registered with various offices of the RoCs located all over the country. Balance sheets of all the companies who carry out the filing are available for public inspection on the portal of this Ministry (http://www.mca.gov.in). The underlying idea behind the filing of balance sheets and other documents which require similar filings is to publicly disclose information which reflects various aspects of the working of a company so that the company's public accountability is maintained. It is neither intended nor feasible for the Registrars to scrutinize or verify the contents of filing except on a random basis. Companies and its Directors and officials are liable to be penalized for any incorrect, false or misleading information that such filing disclose. In the following cases, however, the Registrars routinely scrutinize balance sheets:

 (i)  of companies against whom there are complaints;

(ii)  of companies which have raised money from the public through public issue of shares/debentures etc.;

(iii)  in cases where the auditors have qualified their reports.

(iv)  Default in payment of matured deposits and debentures.

(v)  References received from other regulatory authorities pointing out violations/irregularities calling for action under the Companies Act, 1956.

3. After the scrutiny suitable steps are initiated wherever necessary to obtain explanation and clarification and to institute inspections, investigations and prosecutions wherever warranted.

Delhi Transco Limited

Description :Inviting sealed quotations from Chartered Accountants for appointment as Auditor for Limited Review of Half Yearly Accounts of DTL for the period endin. 

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Delhi Transco Limited

Address :Delhi Transco Ltd Room No 203, Shakti Sadan, Kotla Road, New Delhi-110002 

Last Date : 08/11/2012 

Amendment to Building Cess

AMENDMENT TO THE BUILDING AND OTHER CONSTRUCTION WORKERS (REGULATION OF EMPLOYMENT AND CONDITIONS OF SERVICE) ACT, 1996 AND BUILDING AND OTHER CONSTRUCTION WORKERS' WELFARE CESS ACT, 1996

The Union Cabinet today approved the Amendment to the Building and Other Construction Workers (Regulation of Employment and Conditions of Service) { BOCW (RECS)} Act, 1996 and Building and Other Construction Workers' Welfare Cess Act, 1996 and the introduction of the Building and Other Construction Workers Related Laws (Amendment) Bill, 2012 in Parliament in its ensuing session.

This amendment will streamline the process of the registration of the construction workers. The State Welfare Boards will be able to consolidate their finances and incur expenditure on administrative and other purpose for smooth functioning of the Board. The amendments will facilitate speedy implementation of these Acts by the Central and the State Governments.

The provisions in the Amendment are given below :

1. Empower the Central Government to specify the maximum cost of construction by notification, in place of the present limit of Rs.10 lakh, which shall fall within the definition of establishment under the BOCW (RECS) Act.

2. The prerequisite condition of engagement of ninety days for registration of workers under the BOCW (RECS) Act is proposed to be done away with. Moreover, in order to extend benefits to the workers, who are engaged in building and construction work after attaining the age of sixty years, the criteria of upper age limit of sixty years is proposed to be done away with.

3. To empower the Central Government to notify such percentage of total expenditure, in place of existing 5 percent during the financial year, for meeting administrative expenses by the State Building and Other Construction Workers Welfare Board.

4. To empower Central Government to appoint such number of Director Generals not exceeding 10 to coordinate with the Central Government in carrying out its responsibility of laying down the standard of inspection and to exercise the power of an inspector.

5. To empower the State Governments to file complaints for contravention of provisions of the Act.

6. To prescribe a time limit of 30 days for cess collecting authorities to deposit cess to the State Building and Other Construction Workers Welfare Board.

7. To constitute a Committee consisting of Secretary (Labour), Secretary (Finance), Secretary (Planning) and Secretary (Social Welfare) of the State for performing the functions of the State Building and Other Construction Workers Welfare Board till such time a Board is formally constituted by the State Government.

Background :

Building and other Construction Workers (Regulation Employment and Conditions of service) Act, 1996 (BOCW (RECS) Act and Building and Other Construction Workers Welfare Cess Act, 1996 (BOCW Welfare Cess Act) were enacted with a view to regularizing the wages, working conditions, safety and for their health, welfare measures, etc. The Acts apply to every establishment which employs 10 or more workers. The major source of the fund to the Building and Other Construction Workers Welfare Board is the collection of cess at the rate of one percent of the const of construction incurred by the employer under the Building and Other Construction Workers Welfare Cess Act, 1996. The fund has to be utilized for the welfare of such workers. Central Government is the implementing agency in the central sphere for the purpose of enforcement of various provisions of the Act, while States are the implementing authority under State sphere. The State Governments have to frame and notify rules, constitute Advisory Committees or Expert Committees and appoint various authorities for registration of workers, cess collection, inspection and Appellate Authority. They have to constitute State Welfare Boards as well.

The matter of slow progress of implementation of these Acts has been raised at various fora. The Tripartite Central Advisory Committee, constituted under the BOCW(RECS) Act, 1996 set up a Task Force to examine various provisions of the Act. The recommendations of the Task Force were considered by the Central Advisory Committee. The Task Force and the Central Advisory Committee recommended that certain provisions of these Acts require amendments. Accordingly the Central Government decided to carry out amendments in these Acts. - www.pib.nic.in

e-Filing Not available from 3rd Nov-8th Nov 2012

Press Information Bureau
Government of India
Ministry of Finance

02-November-2012 17:56 IST

New E-Filing Project Conceptualized to take the E-Services to the Next Generation; in order to make the New Portal Live, E-Filing Services to the Tax Payers through the Existing Portal will not be available from 3rd November to 8th November, 2012.

            In view of the overwhelming response from the tax payers and growth of e-filing, a new e-filing project has been conceptualized in order to take the e-services to the next generation.

            Under the new e-filing set-up not only the Income Tax Return (ITR) forms but also other income tax forms are proposed to be made available for electronic filing along with other web enabled services.

            In order to make the new portal live, the migration of data from the old set-up to the new set-up is in process. Due to this, e-filing services to the tax payers through the portal https://incometaxindiaefiling.gov.in will not be available from 3^rd November to 8^th November, 2012.

            The e-filing service will resume with various new additional services like multiple mode of e-filing of returns: help desk through call centre and e-mail support, provision of online forms, pre-filing of data in forms, and availability of offline e-forms.

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DSM/RS/ka

Jaipur Municipal Corporation

Description :Providing of Chartered accountant for chartered accountant service 

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Jaipur Municipal Corporation

Address :Jaipur Municipal Corporation
Jaipur Rajasthan 

Last Date : 30/11/2012 

Tehri Hydro Development Corporation Limited

Description :Empanelment of firms of chartered accountants for Allotment of internal audits / physical verification of Assets/stores/sub-stores

Tehri Hydro Development Corporation Limited

Address :Tehri Hydro Development Corporation Limited
Bhagirathi Bhawan,Bye-Pass Road,
Pragatipuram RISHIKES-249 201 (Uttarakhand)

Last Date : 28/11/2012 

Chhattisgarh State Power Distribution Company Limited

Description :

Requirement of Chartered Accountant Firms 

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Chhattisgarh State Power Distribution Company Limited


Address :Chhattisgarh State Power Distribution Company Limited Ground floor, Vidyut Sewa Bhawan, Danganiya Raipur 
Phone :0771-2574340 

Last Date : 22/11/2012

Department Of Police

Description :Reputed firms / charted accountant for auditing the utilization of funds granted / released by the MHA 

Department Of Police

Address :Port Blair - Andaman And Nicobar 

Last Date : 12/11/2012 

Oil India Limited

Description :
Expression of interest for hiring a firm/individual to provide consultancy in risk assessment & award of insurance contract for oil exploration including well control insurance for drilling of high pressure high temperature exploratory oil wells in kg basin project. 2.Hiring a firm of chartered accountant based in & around for audit of its accounts for NELP-VI block 

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Oil India Limited

Address :Oil India Limited Nookalamma Temple St,Ramaraopeta.Kakinanda,Andhra Pradesh-533004 

Last Date : 10/11/2012 

Central Bank Of India, Jamnagar

Description : Empanelment of Stock auditors 

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Central Bank Of India

Address :Central Bank Of India
Jamnagar Regional office,2nd Floor,Central Bank of India Building,Mandvi Tower Road,Jamnagar-361001. 

Last Date : 03/11/2012 

XBRL Filing-Extended

FILING OF BALANCE SHEET AND PROFIT AND LOSS ACCOUNT IN EXTENSIBLE BUSINESS REPORTING LANGUAGE (XBRL) MODE FOR THE FINANCIAL YEAR COMMENCING ON OR AFTER 1-4-2011

GENERAL CIRCULAR NO. 34/2012, DATED 25-10-2012

In continuation of the Ministry's General Circular No. 16/2012, dated 6-7-2012, on the subject cited above, it is stated that the time limit to file the financial statements in the XBRL mode without any additional fee/penalty has been extended up to 15th December, 2012 or within 30 days from the date of Annual General Meeting of the company whichever is later.

2. All other terms and conditions of the General Circular No. 16/2012, dated 6-7-2012 will remain the same.

State Health Society, Jaipur

Description:
Selection of Concurrent auditors – Request for Proposal for Hiring services of Chartered accountant firm for concurrent audit of Rajasthan district health society / district rural health societies for the financial year 2012-13 under national rural health mission 


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State Health Society


Address :Goverment of Rajasthan National Rural Health Mission Rajasthan State Health Sociey Swasthya Bhawan, Tilak Marg,Jaipur-302005 

Phone :01412220962 

Last Date : 23/11/2012 

Chamundeshwari Electricity Supply Corporation Limited

Description:
Invites from eligible chartered accountants for conducting revenue audit of consumers ledger accounts of the year 2008 to 2011 within 3 months on contract basis on service charges 

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Chamundeshwari Electricity Supply Corporation Limited



Address :Chamundeshwari Electricity Supply Corporation Limited Corporate Office,No,927,L.j.Avenue,New Kantharaja Urs Road,Saraswathipuram,Mysore-570009 

Last Date : 15/11/2012 

Department Of Public Instruction

Description: Expression of Interest from Chhattisgarh Empanelled Chartered Accountant Firms for Carrying Out the Procurement & Civil Works Audit Under European Commission State Partnership Program Detailed RPF Cab be Obtained from the Office of DPI  Click the link here: Department Of Public Instruction  Address :Directorate Of Public Instruction Chhattisgarh,Pension Bada,Raipur  Last Date : 09/11/2012

Final Report on Tax Accounting Standard

FINAL REPORT OF THE COMMITTEE CONSTITUTED FOR FORMULATING ACCOUNTING STANDARDS FOR THE PURPOSES OF NOTIFICATION UNDER SECTION 145(2) OF THE INCOME-TAX ACT, 1961

PRESS RELEASE, DATED 26-10-2012

Section 145(1) of the Income-tax Act, 1961 ('the Act') provides that the income chargeable under the head "Profits and gains of business or profession" or "Income from other sources" shall [subject to the provisions of sub-section (2)] be computed in accordance with either cash or mercantile system of accounting regularly employed by the assessee. Section 145 (2) provides that the Central Government may notify Accounting Standards ('AS') for any class of assessees or for any class of income.

2. The Central Board of Direct Taxes ('CBDT') constituted a Committee comprising of departmental officers and professionals in December, 2010 to inter alia suggest AS for the purposes of notification under section 145(2)of the Act.

3. The Committee submitted its first Interim Report in August 2011. A discussion paper containing the main recommendations of the Committee was issued in October, 2011 for inviting comments/suggestions from all stakeholders.

4. The Committee has submitted its Final Report in August, 2012. The Committee recommended that the AS notified under the Act should be made applicable only to the computation of taxable income and a taxpayer would not be required to maintain books of account on the basis of AS notified under the Act. The Committee examined all the 31 AS issued by the ICAI and recommended notification of AS on 14 issues under the Act and formulated drafts of AS on these issues. The Committee has termed them as "Tax Accounting Standards" (TAS) to distinguish from the AS issued by the ICAI/notified under the Companies Act, 1956.

5. The Final Report of the Committee (including drafts of the 14 TAS submitted by the Committee) is uploaded on the Finance Ministry website (www.finmin.nic.in) and Income-tax Department website (www.incometaxindia.gov.in) for comments from stakeholders and general public.

6. The comments and suggestions on the final report may be submitted by 26th November, 2012 at the email addresses (dirtpl3@nic.in or rkbhoot@gmail.com) or by post at the following address with "comments on Final Report of Accounting Standards Committee" written on the envelope:

Director (Tax Policy & Legislation)-III

Central Board of Direct Taxes,

Room No.147-G,

North Block,

New Delhi-110001

File Early to Avoid Last Minute Rush.!

Dear Stakeholder,

The Ministry issued General Circular No.30/2012 dated  28.09.2012, In order to ensure smooth filing and to avoid last minute rush, the due date of filing of e-forms 23AC(Non-XBRL) and 23ACA (Non XBRL) as per new schedule VI is extended in following manner without any additional fee :-

a)    Company holding AGM or whose due date for holding AGM is on or before 20.09.2012, the time limit will be 03.11.2012 or due date of filing, which ever is later.

b)    Company holding AGM or whose due date for holding AGM is on or after 21.09.2012, the time limit will be 22.11.2012 or due date of filing, which ever is later.

It is suggested that the e-filing of MCA21 forms (especially filing of Balance Sheets and Annual Returns due in October and November respectively) on MCA portal may be carried out AS SOON AS POSSIBLE without waiting till the last date to avoid the last minute congestion on the MCA/MCA21 website. This will result in smooth service delivery to all the stakeholders from MCA.

Further the Ministry vide General Circular No.31/2012 dated 28.09.2012 has extended the filing of e-form 23B for FY 2012-13 without any additional fee till 23.12.2012 or due date of filing which ever is later. All are advised  to file e-form 23B after 22.11.2012 to avoid system congestion

Your cooperation will be appreciated. In case filing has been done by you, please ignore this message

This is a MCA21 system generated mail for your information and necessary action. Please do not reply to this mail.

Ministry of Corporate Affairs
Government of India 

New ST 3 Released

Modified version of the Service Tax Return (ST3) for the quarter Apr-Jun,2012 is now available for uploading to ACES .It is available in 'DOWNLOADS' section in offline version only and not online version. In view of the implementation of the Negative List concept in Service Tax with effect from 1st July, 2012, the return filing cycle of six months (April-September, 2012) has been spilt. This new ST 3 Return will be only for the period April-June, 2012, when Negative List was not introduced. This return is available in offline utility only with view and print facility in online mode. The last date of filing the ST 3 return for the quarter Apr-Jun,2012 has been extended by CBEC up to 25th November, 2012 vide Order No 3/2012 dated 15th October, 2012. Click Here to download the new excel utility file http://aces.gov.in/download.jsp

District Rural Development Agency

Description : 

Audit work & Preparation of Balance Sheet 

District Rural Development Agency

Address :District Rural Development Agency
Pauri Uttaranchal 

Last Date : 31/10/2012