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Charting New Paths: Exploring Mediation Opportunities for Chartered Accountants

September 19, 2023 3000 Views 0 comment Print

Unlock the potential for Chartered Accountants in the field of mediation with the Mediation Act, 2023. Explore how CAs can leverage their financial acumen, ethical principles, and communication skills to become successful mediators. From handling complex financial disputes to offering additional services and participating in online mediation, discover the diverse opportunities awaiting CAs in this evolving landscape. Seize the chance to chart new paths and contribute to resolving disputes with expertise and integrity.

Decoding Form 10B & 10BB for Charitable & Educational Institutions

September 18, 2023 139677 Views 5 comments Print

Learn about latest changes in Form 10B and Form 10BB for 2023, their applicability, key differences, consequences of non-compliance, and complexities of tax reporting for charitable and educational institutions.

Public Private Partnerships (PPP) Audit: A Contribution To Societal Well-Being

July 19, 2023 1776 Views 0 comment Print

There is no information in the provided text about the designation of a terrorist organization. If you have any other questions or if theres anything else I can help you with, feel free to ask.

The Revision of Tax Audit Reports

November 22, 2021 239646 Views 4 comments Print

Tax audit is a cross-examination of the books of accounts of the taxpayer by a practicing Chartered Accountant under the Income Tax Act 1961.  Section 44AB deals with the conditions under which Tax audit becomes mandatory for some taxpayers. The underline idea of a tax audit is to verify the accuracy of the financial records […]

ICAI- Is it certain that the future is uncertain?

November 22, 2021 24105 Views 10 comments Print

The professional work of a Chartered Accountant is undergoing major changes that will continue, and potentially intensify, in the future. There is a dire need to check the recent erosion of professional opportunities. Our profession is statute backed and as long as we are having a backing of such laws in our favour, the profession […]

Unbeatable Discrimination of Small CA Firms/Small City firms

November 8, 2021 13572 Views 2 comments Print

It is unlawful to discriminate on the ground of the profession, trade, occupation or calling discrimination as reasonable in some circumstances. The freedom to practice any profession, or to carry on any occupation, trade or business is well defined in the Constitution of India.  Article 19 (1) (g) of Constitution of India provides right to […]

Decoding ICAI Elections 2021

November 7, 2021 13530 Views 1 comment Print

The voting for the elections of the twenty-fifth council for thirty-two seats from five regions and twenty-fourth regional councils from five regional constituency of The Institute of Chartered accountants of India will be held on 3rd and 4th December in cities having 1000 or more members and on 4th December 2021 in other cities/towns. Yaesasuptesu […]

Are Small Company Audits vanishing?

September 23, 2021 23460 Views 4 comments Print

Recently, the news of abolition of Statutory Audit for small companies spread like a wildfire and social media have emerged as a comforting shoulder for the Chartered accountants, who are mostly dependent on the small company audits. There was no official version of the said story but it was not an unexpected one as across […]

ICAI Elections 2021 – Ringing Bells

August 30, 2021 4830 Views 0 comment Print

A bell’s not a bell ’til you ring it, A song’s not a song ’til you sing it, Love in your heart wasn’t put there to stay, Love isn’t loving ’til you give it away! So is our ALMA MATER ICAI, We have to take care in selecting the strong council and regional councils to […]

MDP CA – Eligibilties and Empanelments

July 30, 2021 16902 Views 0 comment Print

Multi-disciplinary Partnership Firm of Chartered Accountants in Practice means the firm which has been approved to practice in its name by the Council of ICAI under Regulation 53B read with Regulation 190 of the Chartered Accountants Regulations, 1988 hereafter referred to as MDP. The Institute of Chartered Accountants of India has issued a FAQ to […]

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