ICAI’s recommendation to accept audit fees only through banking channels promotes transparency but highlights challenges for practitioners serving cash-dependent clients.
Section 119(2)(b) applications enable retirees to claim leave encashment exemption up to ₹25 lakh, condoning delays in filing revised returns.
Analyses how multiple ITAT rulings extend the enhanced ₹25-lakh exemption to earlier years, treating CBDT’s notification as a beneficial and clarificatory reform.
A man impersonated a chartered accountant for 15 years in Hyderabad. This case highlights vulnerabilities in professional verification and identity safeguards.
A petition to ICAI seeks transparent and equitable professional opportunities for small and medium-sized Chartered Accountant firms in India, addressing issues like audit allotments and discriminatory practices.
Rising stress and premature deaths among CAs highlight a health crisis. Learn how ABC Client Analysis can help prioritize clients, manage workload, and improve well-being.
Understand ICAI regulations for CAs engaging in other occupations, including family businesses and directorships. Learn compliance requirements and activities needing prior permission.
Address the issues of forced ESI registration and unwarranted compliance burdens on companies due to MCA’s default registration process.
Explore significance of Rule 17AA from Finance Act, 2022, its impact on charitable institutions, compliance, and penalties for non-compliance.
Form 10B notified vide Notification No. 7/2023 dated 21st February 2023 is applicable from Assessment Year 2023-24 onwards i.e. for A.Y. 2023-24 and upcoming years. However, old Form 10B is also available on portal and is applicable till Assessment Year 2022-23 only.
