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Information related to to CA, CS, CMA, ICAI, ICSI, Exam, CAG, MEF,  Audit Empanelment, Accounting Standard, IFRS, Auditing Standard, Accounting Principles.

Latest Articles


GST Litigation & Representation: Role, Responsibilities & Opportunities for CAs

CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...

June 9, 2026 69 Views 0 comment Print

When a Stock Audit Looks Too Good to Be True: Fraud Triangle in a such Audit

CA, CS, CMA : The article explains how unusually flawless records may signal a managed presentation rather than genuine business performance, re...

June 8, 2026 387 Views 0 comment Print

165 Legal Compliances and Legal Updates for June-2026 in India

CA, CS, CMA : This update compiles key statutory deadlines across multiple laws for June 2026. It highlights filing requirements under income ta...

June 8, 2026 53901 Views 2 comments Print

Impact on Stock Audit Engagements for Related-Party Debtors & Creditors

CA, CS, CMA : Focusing only on receivables can miss significant risks embedded in related-party payables. A bilateral review reveals internal gr...

June 5, 2026 189 Views 0 comment Print

Buy-Backs as Capital Reduction: Globe Capital Decision by Delhi HC

CA, CS, CMA : The Court held that shares acquired in a buy-back are mandatorily extinguished under company law and therefore cannot be treated a...

June 5, 2026 456 Views 0 comment Print


Latest News


Live Virtual Revision Classes for CA Intermediate September 2026 Exams

CA, CS, CMA : ICAI has announced Live Virtual Revisionary Classes for CA Intermediate students appearing in the September 2026 examinations. The...

June 5, 2026 846 Views 0 comment Print

Empanelment of Resource Persons/Faculty/Experts for Board of Studies, ICAI

CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...

June 4, 2026 594 Views 0 comment Print

ICSI First BI-Annual Western Region Convocation of FY 2026-2027 (First Half)

CA, CS, CMA : The Institute of Company Secretaries of India (ICSI) has announced the first bi-annual Western Region Convocation for FY 2026–27...

June 4, 2026 186 Views 0 comment Print

Information Systems Audit – Assessment Test (ISA – AT), 25th July 2026

CA, CS, CMA : ICAI has notified the Information Systems Audit (ISA) Assessment Test for 25 July 2026 in CBT mode. The announcement specifies eli...

June 4, 2026 16098 Views 0 comment Print

Empanelment: Indian Overseas Bank for Concurrent Audit

CA, CS, CMA : Indian Overseas Bank invites applications from eligible CA firms for concurrent audit empanelment for 2026-27. Apply online by Jun...

May 28, 2026 177860 Views 47 comments Print


Latest Judiciary


ICAI NIRC Member’s Removal Quashed as Short-Notice Meeting Lacked Majority Approval

CA, CS, CMA : The Delhi High Court held that one of the meetings relied upon for automatic vacation of the petitioner’s seat was convened with...

May 10, 2026 1068 Views 0 comment Print

ICAI Cannot Dismiss Spouse Complaint as Family Dispute Without Examining Misconduct: Delhi HC

CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...

April 2, 2026 5925 Views 0 comment Print

Reopening Invalid When AO Travels Beyond SCN: Gujarat HC

CA, CS, CMA : The High Court held that reassessment cannot be based on grounds not mentioned in the original Section 148A notice. Since no incom...

February 17, 2026 420 Views 0 comment Print

Delhi HC Upheld Dismissal of CAG Officer Due to Impersonation & Unauthorised Audits

CA, CS, CMA : The court examined whether disciplinary findings based on impersonation and unauthorised audits could be reopened. It upheld dismi...

January 28, 2026 3924 Views 0 comment Print

CA Withdraws Appeal as Final Removal Order Not First Challenged Before Single Judge

CA, CS, CMA : The High Court held that a direct appellate challenge to the final removal order was not maintainable. The appeal was withdrawn wi...

January 22, 2026 522 Views 0 comment Print


Latest Notifications


NFRA Vacancy Circular for the Young Professionals

CA, CS, CMA : The vacancy circular highlights opportunities for professionals to contribute to financial reporting and auditing oversight. Appli...

June 7, 2026 1077 Views 0 comment Print

ICAI Removes 12 CAs After Disciplinary and BOD Orders

CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...

May 29, 2026 1566 Views 0 comment Print

No Mens Rea, No Misconduct: ICAI Clears CA in Alleged Bribery Trap Case

CA, CS, CMA : ICAI Board holds CA not guilty in bribery case, finds no proof of knowledge or intent; mere receipt of packet without mens rea not...

April 16, 2026 1011 Views 0 comment Print

CA Not Liable for Client’s Bogus Entries: ICAI Clears Accountant with No Certification Role

CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...

April 16, 2026 726 Views 0 comment Print

ICAI Removes Member for One Year Due to Proven Professional Misconduct

CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...

April 13, 2026 582 Views 0 comment Print


Analysis of Notifications and Circulars for Week Ending 22nd February 2026

February 23, 2026 3924 Views 0 comment Print

Major updates include GST refund clarification by Supreme Court, RBI FEMA amendments, DGFT export schemes, and important AAR rulings.

Empanelment with Bank of Maharashtra for Concurrent/Revenue audit

February 23, 2026 150411 Views 14 comments Print

Apply now! Bank of Maharashtra seeks Chartered Accountants’ firms for FY 2025-26 Concurrent/Revenue Auditors. Apply online by 01.03.2025 (5.00 PM).

Taxation of Traders in India: Structural Framework, Judicial Interpretation & Compliance Realities

February 21, 2026 459 Views 0 comment Print

Traders are governed by both Income-tax and GST laws, creating layered compliance obligations. This article explains computation rules, judicial tests, and reporting requirements affecting trading businesses.

Auditing The Auditors- Ensuring Integrity

February 18, 2026 885 Views 0 comment Print

The article explains why oversight of auditors is essential to maintain public confidence in financial reporting. It highlights the need for accountability to prevent fraud and negligence.

CAS-25 Cost Accounting Standard on Valuation of Inventory

February 17, 2026 1929 Views 0 comment Print

CAS-25 standardizes principles for inventory valuation, including cost components and NRV rules. It applies from 12 February 2026 for cost statement preparation and certification.

Analysis of Notifications and Circulars for Week Ending 15th February 2026

February 17, 2026 5160 Views 0 comment Print

CBDT placed Draft Income Tax Rules and Forms 2026 in the public domain ahead of the new Act’s implementation. Stakeholders are invited to suggest simplification and compliance reforms.

Reopening Invalid When AO Travels Beyond SCN: Gujarat HC

February 17, 2026 420 Views 0 comment Print

The High Court held that reassessment cannot be based on grounds not mentioned in the original Section 148A notice. Since no income had escaped assessment, the reopening was quashed.

ICMAI Issues Draft Guidelines to Regulate Merger and Demerger of CMA Firms

February 16, 2026 438 Views 0 comment Print

ICMAI has proposed structured rules governing merger and demerger of CMA firms, including mandatory agreements, name freezing, and seniority protection provisions.

ICMAI Proposes Mandatory Registration and NRN for CMA Firm Networks

February 16, 2026 441 Views 0 comment Print

ICMAI requires prior approval of network names and submission of formal agreements through prescribed forms. Detailed provisions govern change in constitution and exit of affiliates.

ICMAI Proposes Name Change Rules for PCMA Firms with 2/3rd Partner Continuity

February 16, 2026 324 Views 0 comment Print

Proposed guidelines permit PCMA firms to change names with Council approval while retaining registration number and tenure, provided continuity conditions are met.

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