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chartered accountants

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Professional Misconduct in Tax Audits: Navigating 60-Tax Audit Rule

CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...

July 16, 2024 1095 Views 0 comment Print

Importance of caution when sharing Your Financial Data with tax professionals

CA, CS, CMA : Protect your financial data when sharing with tax professionals. Learn the risks, precautions, and alternative methods for secure ...

July 9, 2024 852 Views 0 comment Print

A Poetic Tribute to the CA Day by Proud CA

CA, CS, CMA : In celebration of Chartered Accountants and their indispensable role in business and society, we present a heartfelt poetic tribut...

July 1, 2024 636 Views 0 comment Print

Representation Regarding Upgrades on Karnataka Professional Tax Website

Goods and Services Tax : KSCAA requests improvements to the Karnataka Professional Tax website to streamline processes for taxpayers and enhance user exper...

June 20, 2024 324 Views 0 comment Print

Case Study on Bhansali Scam

CA, CS, CMA : Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital ...

June 7, 2024 2289 Views 0 comment Print


Latest News


ICAI BoS Publications: September 2024 Foundation & Intermediate Course Exam

CA, CS, CMA : Stay updated with ICAI BoS Publications for September 2024 exams. Analysis of Foundation and Intermediate course subjects' edition...

July 15, 2024 579 Views 0 comment Print

CA Final & Intermediate May 2024 exam Pass percentage & Toppers

CA, CS, CMA : ICAI announces May 2024 CA Final and Intermediate exam results. Check pass percentages and top rankers. Congratulations to all suc...

July 11, 2024 22548 Views 1 comment Print

Empanelment of Faculty/Experts with ICAI for Self-paced Online Modules

CA, CS, CMA : ICAI seeks Chartered Accountants and Professionals with 10+ years of teaching experience to record e-lectures for Self-Paced Onlin...

July 8, 2024 297 Views 0 comment Print

ICAI Issues 27 AS, 39 IND-AS, 46 E&Q, 8 Valuation, 22 Internal Auditing Standards

CA, CS, CMA : ICAI, has issued 27 Accounting Standards, 39 IND-AS, 46 Engagement and Quality Standards, 8 Valuations Standards, 22 Internal Audi...

July 6, 2024 3702 Views 0 comment Print

Empanelment with Bank of India for Concurrent Audit

CA, CS, CMA : Bank of India invites applications from eligible CA firms for empanelment as Concurrent Auditors. Check eligibility criteria and a...

July 5, 2024 108064 Views 7 comments Print


Latest Judiciary


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 2286 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 4050 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 213 Views 0 comment Print

CA Certificate not required to claim refund of unutilized ITC: Delhi HC

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...

June 25, 2024 876 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 1131 Views 0 comment Print


Latest Notifications


Non-reporting of violations in audit report: MCA imposes Penalty on CA

Company Law : Learn about MCA's penalty for failure to report violations in audit reports under Section 143 of the Companies Act, 2013. Detailed...

July 13, 2024 693 Views 0 comment Print

Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 13, 2024 309 Views 0 comment Print

NFRA Penalized Audit Firm & CA for negligence & inadequate due diligence

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...

July 6, 2024 546 Views 0 comment Print

ICAI removes name of 14 members for Professional Misconduct

CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...

June 28, 2024 1419 Views 0 comment Print

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...

June 12, 2024 1035 Views 0 comment Print


Interim Union Budget 2024-25: A Vision for India’s Development

February 2, 2024 975 Views 0 comment Print

Explore the key highlights of the Interim Union Budget 2024-25, focusing on economic growth, social initiatives, and fiscal policies for a developed India by 2047.

Free Webinar on Budget 2024 – Simplified Analysis

February 1, 2024 6258 Views 0 comment Print

Learn the fundamentals of Budget 2024 in a simple way with our free webinar. Join CA Sachin Jain to gain insight into its effects on industries & more!

May 2024 CA Intermediate Exams: Applicable Standards/Guidance Notes/Amendments

January 31, 2024 24892 Views 0 comment Print

Stay informed about the May 2024 exams with updates on Corporate Laws, Income-tax, and GST. Explore legislative amendments, study guidelines, and statutory updates for a comprehensive preparation.

Standards/Guidance Notes/Amendments for May 2024 CA Final Examination

January 31, 2024 15574 Views 0 comment Print

Get the comprehensive list of standards, guidance notes, and legislative amendments applicable for the May 2024 CA Final Examination. This article provides detailed information on the syllabus exclusions, study material editions, and relevant updates for each paper, ensuring you are well-prepared for the exam.

Representation on Disallowance under Section 43B(h) of Income Tax Act, 1961

January 30, 2024 5316 Views 0 comment Print

Read the Karnataka State Chartered Accountants Associations representation on the challenges and proposed solutions regarding disallowance under Section 43B(h) of the Income-tax Act, 196

Bank Branch Auditors’ Draft Panel of CAs/firms for 2023-24

January 29, 2024 52981 Views 0 comment Print

We are pleased to inform that the Draft Bank Branch Auditor Panel (MEF) of Chartered Accountants/firms for the year 2023-24 prepared as per the RBI Norms dated 6th March, 2023 has been hosted at www.meficai.org

Navigating the Maze of Accounting Software Choices for Chartered Accountants

January 27, 2024 5421 Views 0 comment Print

Navigate the maze of accounting software choices as a Chartered Accountant. Consider needs, features, cloud vs. on-premise, costs, and peer recommendations for a wise decision.

Delhi HC stays NFRA Proceedings on alleged Section 80JJA Report Misconduct by CA

January 23, 2024 1095 Views 0 comment Print

Delhi High Court halts NFRA proceedings against CA Unnikrishnan Menon, challenging show cause notice for irregularities in Quess Corp audit and TDS claim under Income Tax Act.

ICAI Notification: New Branches Established in Central India

January 22, 2024 366 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) announces the establishment of new branches in Muzaffarpur, Neemuch, Darbhanga, and Raigarh, expanding its regional presence.

RFP: Appointment of CA Firms/LLP/Proprietorship for NFRA’s Accounting & Taxation

January 19, 2024 1734 Views 0 comment Print

Explore NFRA’s RFP for Chartered Accountant firms/LLPs/Proprietorships to compile, verify books, handle taxation matters. Key dates, eligibility, scope & more.

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