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CA, CS, CMA : Summary of key tax and regulatory updates for the week ending 30th March 2025, covering income tax, GST, customs, SEBI, RBI, DGFT,...
CA, CS, CMA : Understand the difference between Regular and Composite GST dealers, their tax rates, compliance requirements, ITC eligibility, an...
CA, CS, CMA : NFRA's latest inspection report highlights audit lapses in top firms, raising concerns over auditor independence, ICFR verificatio...
CA, CS, CMA : Understand the importance of Diversity, Equity & Inclusion (DEI) at the workplace, its benefits, and the role of leadership in fos...
CA, CS, CMA : Finance Act 2025 introduces major direct tax changes, including revised income tax slabs, increased rebate limits, and updates to ...
CA, CS, CMA : ICAI's AASB launches online expert panel for bank branch audit queries. Get guidance on RBI guidelines from April 1-15, 2025....
CA, CS, CMA : ICSI updates training eligibility for CS trainers, corporate entities, and LLPs, effective April 1, 2025, outlining revised traine...
CA, CS, CMA : Maharashtra Gramin Bank seeks CA firms for audit roles (2025-26). Details on eligibility, application, fees, and penalties. Apply ...
CA, CS, CMA : Now, all three levels—CA Final, Intermediate and Foundation will have an equal number of attempts each year, providing students ...
CA, CS, CMA : Over ₹6.34 lakh crore in unpaid taxes linked to untraceable defaulters. Govt takes measures like asset tracking and account free...
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...
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...
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...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
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 ...
CA, CS, CMA : ICAI modifies the jurisdiction of its Ratlam and Pali branches under CIRC, adding new areas to Ratlam and detaching Sumerpur from ...
CA, CS, CMA : Chartered Accountants Association Surat advises members to use the "CA" prefix responsibly, ensuring compliance with professional ...
CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...
CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...
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...
ICAI is extremely astounded and surprised to see that the Approach Paper on Revision of Existing Accounting Standards has now been returned by NFRA. It may be mentioned that while formulating the revised ASs as per the Approach Paper; transparent mechanism was followed by ICAI through all stages wherein exposure drafts were issued, comments thereon were discussed at ASB of ICAI
A digital signature is an electronic form of a signature that can be used to authenticate the identity of the sender of a message or the signer of a document, and also ensure that the original content of the message or document that has been sent is unchanged. (A) Meaning DSC (Digital Signature Certificate) Digital […]
Please note Hon’ble Gujarat High Court has not declined this prayer. The Court said they are not inclined at this point in time and that they will impress upon the respondents to file their reply and bring that on record.
ICAI removes name of 6 Chartered Accountants from Register of Members vide notifications dated 11th January, 2022 for Professional Misconduct under provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007. […]
DSC documents requirement is mainly classified into three categories, which are as follow: – For an Individual – For an Organization -For Foreign National 1. The following documents are required for all classes 2 and 3 and Server Certificates for an individual: – Nowadays, if you have a valid Aadhar card as well as Pan […]
Campus for Newly Qualified Chartered Accountants (NQCAs) – February-March, 2022 Maintaining strong and spontaneous relationship with the industry and other business houses remains the main focus of the Committee for members in Industry & Business (CMI&B) of the Institute of Chartered Accountants of India (ICAI). An initiative to that effect remains the Campus Placement Programme […]
Exposure Drafts of following revised AS have been issued by the ASB for comments with the last date being February 3, 2022: AS 111, Financial Reporting of Interest in Joint Ventures, AS 28, Accounting for Associates and Jointly Controlled Entities, AS 103, Accounting for Amalgamations and AS 110, Consolidated and Separate Financial Statements
Exposure Draft of AS 111, Financial Reporting of Interest in Joint Ventures shall be applied in accounting for interests in joint ventures and the reporting of joint venture assets, liabilities, income and expenses in the financial statements of venturers, regardless of the structures or forms under which the joint venture activities take place.
Exposure Draft of AS 28, Accounting for Associates and Jointly Controlled Entities set out principles and procedures for recognising the effects of the investments in associates and to set out the requirements for application of the equity method when accounting for investments in associates and joint controlled entities.
Exposure Draft of AS 110, Consolidated and Separate Financial Statements shall be applied in the preparation and presentation of consolidated financial statements for a group of entities under the control of a parent.
