CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...
CA, CS, CMA : Protect your financial data when sharing with tax professionals. Learn the risks, precautions, and alternative methods for secure ...
CA, CS, CMA : In celebration of Chartered Accountants and their indispensable role in business and society, we present a heartfelt poetic tribut...
Goods and Services Tax : KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user exper...
CA, CS, CMA : Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital ...
CA, CS, CMA : ICAI announces November 2024 exam dates for CA Final, INTT-AT, and IRM courses. Check detailed schedule, centers, and application ...
CA, CS, CMA : Invitation for CA firms to audit XBRL India. Requirements, eligibility criteria, application process, and terms. Apply by 09/08/20...
CA, CS, CMA : Stay updated with ICAI BoS Publications for September 2024 exams. Analysis of Foundation and Intermediate course subjects' edition...
CA, CS, CMA : ICAI announces May 2024 CA Final and Intermediate exam results. Check pass percentages and top rankers. Congratulations to all suc...
CA, CS, CMA : ICAI seeks Chartered Accountants and Professionals with 10+ years of teaching experience to record e-lectures for Self-Paced Onlin...
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...
Goods and Services Tax : Learn about the Delhi High Court's ruling in Svera Agro Ltd. v. Commissioner of Central Tax, stating CA certificates are not neede...
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 ...
Company Law : Learn about MCA's penalty for failure to report violations in audit reports under Section 143 of the Companies Act, 2013. Detailed...
CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...
Corporate Law : Explore NFRA Order No. 019/2024 detailing penalties imposed on M/s Singh Ajay & Co. and CA Priyank Mittal for audit lapses in Vika...
CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...
CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...
Market regulator Sebi today imposed a penalty of Rs 6 lakh on Dilip S Mehta, owner of a chartered accountancy firm, for failing to respond to summons issued by it in relation to a probe into the affairs of erstwhile Bank of Rajasthan. The matter pertains to alleged irregularities committed by former promoters of Bank of Rajasthan (BoR).
The Government is aware that violation of accounting principles and financial irregularities are being carried out by various companies and their audit firms. During the last three years, 316 companies and 73 audit firms were found guilty of violation of accounting principles and other financial irregularities for non-compliance of disclosure norms. Prosecutions have been filed against such companies and audit firms, under section 211 and section 227 read with section 233 respectively of the Companies Act, 1956 for such violations.
Till 31.03.2011, point of taxation in case of eight specified services including Chartered Accountants (CAs) was determined on the basis of receipt of payment. However, w.e.f. 01.04.2011, this benefit has been extended to all services albeit, in a slightly modified form. Now all individuals, partnership firms (including limited liability partnership firms) having a turnover not exceeding Rs. 50 lakh in the previous year can pay service tax on receipt basis in the current financial year.
The Members may advertise through a write up setting out their particulars or of their firms and services provided by them subject to the following Guidelines and must be presented in such a manner as to maintain the profession’s good reputation, dignity and its ability to serve the public interest.
Birla, a chartered accountant and an MBA himself, is not happy over the rate of pass percentage of CAs. The pass percentage during our time was 4 per cent. Now it is 17 per cent. The pass ratio should be 10 per cent,” he said, emphasising on the need for better products.
Delhi HC stays differential demand of service tax of 2% on services provided & invoices issued prior to 01.04.2012 – Delhi High Court Stays collection of differential demand of service tax of 2% on services provided and invoices issued prior to 01.04.2012 for which payment received after 31.03.2012 on following 8 categories of professionals services :- 1. Architect 2. Interior Decorator 3. Cost Accountant 4. Chartered Accountant 5· Company Secretary 6. Scientific or Technical Consultancy 7.Legal Service 8. Consulting engineer services.
A chartered accountant has been disqualified from acting as a company director for 12 years after a judge found him guilty of ‘grossly improper’ conduct in respect of his work as liquidator of a large number of companies.
Kicking off the golden jubilee celebration of Institute of Chartered Accountant of India’s (ICAI) Ahmedabad branch today Chief Minister Narendra Modi said that chartered accountants are capable of putting a stop to corruption and black money. They should come out for fulfill their obligation towards the nation and bringing transparency in the economy.
As from 1.4.2012 the determination of point of taxation is on the basis of invoices for large CA firms. For this several representations were made to CBEC requiring clarification of invoices issued on or before 31st March 2012 where the payment has not been received before 1st April 2012.
We had many options to end our life Poison, Sleeping pills, Hanging, Jump from building, Sleep under a train.. But we choose the bravest… Education (CA).
