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CA, CS, CMA

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

Latest Articles


Ind AS 116 & IFRS 16: Understanding Lease Substitution Rights

CA, CS, CMA : Learn how Ind AS 116 & IFRS 16 define lease substitution rights. Understand when asset control determines lease recognition in fin...

March 25, 2025 72 Views 0 comment Print

Analysis of Notifications and Circulars for Week ending 23rd March 2025

CA, CS, CMA : Key updates on Income Tax, GST, Customs, and more, including tax data sharing, high-risk e-verification, and recent judicial rulin...

March 25, 2025 2886 Views 0 comment Print

Bank Branch Audit 2024-25: Key Areas & Compliance Checklist

CA, CS, CMA : Key areas for Bank Branch Audit 2024-25, covering statutory reports, loan audits, NPA guidelines, compliance, cyber fraud impacts,...

March 25, 2025 1872 Views 0 comment Print

Dead Horse Theory in IT: Recognizing When to Move On

CA, CS, CMA : The Dead Horse Theory in IT explains why companies persist with outdated projects or technologies. Learn its risks and how to avoi...

March 23, 2025 753 Views 0 comment Print

Bombay HC Directs ICAI to Probe Non-Practicing CAs

CA, CS, CMA : Bombay High Court directs ICAI to investigate non-practicing CAs involved in illegal activities and possible professional miscondu...

March 20, 2025 13551 Views 0 comment Print


Latest News


ICAI Extends 75% Fee Concession for CA Students Till 2028

CA, CS, CMA : ICAI extends 75% concession on CA registration fees for students from Jammu & Kashmir, Ladakh, Andaman & Nicobar, and 8 North-East...

March 23, 2025 1257 Views 0 comment Print

Empanelment of CA Firms for Concurrent Audit by IDBI Bank

CA, CS, CMA : IDBI Bank invites applications from eligible CA firms for empanelment as Concurrent Auditors. Apply online from 11.03.2024 to 28.0...

March 15, 2025 121080 Views 41 comments Print

Empanelment of Standing Counsels for Income Tax Department, Delhi

CA, CS, CMA : Apply for Senior and Junior Standing Counsel positions to represent the Income Tax Department, Delhi, in courts and tribunals. Dea...

March 10, 2025 11883 Views 0 comment Print

Bank of Baroda invites EOI for Concurrent Auditors Appointment

CA, CS, CMA : Participate in Bank of Baroda Expression of Interest (EOI) for Chartered Accountant firms to conduct Concurrent Audits of Branches...

March 10, 2025 176047 Views 17 comments Print

ICAI President’s Message – March 2025

CA, CS, CMA : ICAI's 73rd President outlines plans for tax reforms, global outreach, and professional growth. Key budget recommendations and fut...

March 7, 2025 4107 Views 0 comment Print


Latest Judiciary


BoD’s Failure to Justify Dishonor of Cheques as Misconduct Leads to Remand for Reconsideration: Delhi HC

CA, CS, CMA : Appellant had approached this Court by way of the present intra Court appeal. It was held that BoD had failed to accord any reaso...

March 18, 2025 408 Views 0 comment Print

CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...

July 16, 2024 3666 Views 0 comment Print

ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...

July 10, 2024 4836 Views 0 comment Print

Non-empanelment due to non-compliance with tender conditions: Patna HC Dismisses CA Firm’s Petition

CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...

June 30, 2024 432 Views 0 comment Print

SC upholds Restriction on Number of Section 44AB Tax Audit imposed by ICAI 

CA, CS, CMA : Supreme Court upholds ICAI’s limit of 60 tax audits per CA, validating it as a reasonable restriction under Article 19(1)(g) of ...

May 23, 2024 2142 Views 0 comment Print


Latest Notifications


Prefix “CA” isn’t your Netflix password: CAAS Advisory on Proper Uses

CA, CS, CMA : Chartered Accountants Association Surat advises members to use the "CA" prefix responsibly, ensuring compliance with professional ...

March 20, 2025 8508 Views 0 comment Print

ICAI Issues Corrigendum for CA Firm Merger Guidelines 2024

CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...

February 18, 2025 282 Views 0 comment Print

ICAI clears CA from Charge of misappropriation of Rs. 7 crore

CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...

February 10, 2025 900 Views 0 comment Print

CA Cleared of Misconduct Charges in NOC Dispute Case

CA, CS, CMA : ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing co...

February 10, 2025 363 Views 0 comment Print

ICAI Board Clears CA of Misconduct Charges in Swan Telecom Case

CA, CS, CMA : ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, cit...

February 10, 2025 189 Views 0 comment Print


Income Tax Implication on LTCG (Immovable Property) & Section 112

February 1, 2025 3129 Views 0 comment Print

Understand the tax implications on LTCG of immovable property under Section 112, including holding periods, tax rates, and examples for FY 2024-2025.

Bank Branch Auditors’ Draft Panel of CAs/firms for 2024-25

January 31, 2025 62008 Views 0 comment Print

ICAI announces the Draft Bank Branch Auditors’ Panel (MEF) 2024-25 for review. Applicants can check details and raise queries until February 5, 2025.

The Darkest Side of Direct Taxation Practice in India

January 29, 2025 4215 Views 0 comment Print

Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability of small businesses and clients.

Artificial Intelligence in Corporate Field

January 28, 2025 717 Views 1 comment Print

Explore how AI is reshaping corporate operations with automation, data-driven decisions, personalized marketing, and talent management while raising ethical concerns.

Empanelment for Concurrent Audit with Union Bank of India

January 28, 2025 261342 Views 20 comments Print

Union Bank of India invites Chartered Accountant firms to apply for empanelment as Concurrent Auditors for the period up to March 2025.

Analysis of Notifications and Circulars for Week ending 26th January 2025

January 27, 2025 4665 Views 0 comment Print

Summary of key tax, GST, excise, and trade updates from the week ending 26th January 2025, including CBDT notifications, GST changes, and more.

Common Man Expectations from Union Budget 2025

January 26, 2025 939 Views 0 comment Print

Discover the common man’s expectations from Budget 2025, including tax reforms, fund utilization, and real estate regulations.

ICAI Clears CA of Misconduct Over Alleged Irregularities in Ludhiana Branch Operations

January 25, 2025 561 Views 0 comment Print

The Board found CA Hitesh Goyal not guilty of professional misconduct related to allegations about the Ludhiana Branch’s functioning and a circulated letter.

Exposure Draft of Guidance Note on Audit of Banks, 2025 edition

January 25, 2025 8520 Views 0 comment Print

ICAI invites public comments on the Exposure Draft for the Audit of Banks Guidance Note (2025 Edition). Submit by February 5, 2025.

ICAI Clears CA of Misconduct of Audit Acceptance Without NOC, Citing Communication with Previous Auditor

January 25, 2025 939 Views 0 comment Print

The Board of Discipline found CA Satish Kumar not guilty of misconduct related to audit procedure and the failure to obtain NOC from the previous auditor.

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