CA, CS, CMA : Asset tagging helps simplify physical verification, strengthens internal controls, improves Fixed Asset Register accuracy, and enh...
CA, CS, CMA : The article highlights emerging sectors where Chartered Accountants can build specialised careers beyond traditional audit and tax...
CA, CS, CMA : Chartered accountancy demands far more than technical expertise, requiring professionals to manage clients, deadlines, teams, and ...
CA, CS, CMA : Artificial Intelligence is transforming the tax profession by streamlining research, drafting, and compliance processes. The key t...
CA, CS, CMA : GST disputes are increasing, creating substantial opportunities for Chartered Accountants in audits, adjudication, appeals, and ta...
CA, CS, CMA : ICAI has categorically rejected social media claims of a data breach, confirming that no members', students', or examination recor...
CA, CS, CMA : ICAI Warns CAs Against Extremely Low Fee Quotes in Tenders; Matter May Be Referred for Disciplinary Action The Professional Develo...
CA, CS, CMA : ICAI has launched a fully integrated PRB Web Portal, making online submission mandatory for all new peer review applications from ...
CA, CS, CMA : ICAI has partnered with Sarvam AI to promote AI adoption, digital upskilling, and professional learning for Chartered Accountants....
CA, CS, CMA : ICAI has announced 'Success at CA Exam' sessions for CA Foundation September 2026 students. The sessions will provide subject-wise...
Income Tax : The ITAT Chennai ruled that funds received by a Chartered Accountant for remitting clients' taxes could not be treated as unexplai...
Goods and Services Tax : The Telangana High Court granted anticipatory bail to a Chartered Accountant accused in a share transfer fraud case, observing tha...
CA, CS, CMA : The Delhi High Court held that one of the meetings relied upon for automatic vacation of the petitioner’s seat was convened with...
Corporate Law : The case examined whether the accused could disprove liability under Section 138. The court upheld conviction as the presumption r...
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
CA, CS, CMA : ICAI has proposed revised minimum stipend rates for articled assistants based on city population while inviting stakeholder feedba...
CA, CS, CMA : KSCAA has urged the Government to extend the GSTAT appeal filing deadline by three months, citing technical glitches, procedural a...
CA, CS, CMA : ICAI notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...
CA, CS, CMA : ICAI Board holds CA not guilty in bribery case, finds no proof of knowledge or intent; mere receipt of packet without mens rea not...
CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...
Objecting to the Maharashtra government’s decision of removing the audit limit for non-CAs government-authoris ed auditors, the accounting regulator Institute of Chartered Accountants of India (ICAI) has urged to restore the audit limit of Rs 1 lakh at the earliest. No audit limit enables the auditors to perform audit of trusts of any size.
Institute of Chartered Accountants of India (ICAI) would submit a representation to Tamil Nadu Government to make VAT Auditing compulsory in the State. By compulsory auditing of VAT, as in Maharashtra, the Government would have lot of advantages, including identifying the revenue leakage, said Mr G Ramaswamy, General Council member.
Accounting regulator, Institute of Chartered Accountants of India (ICAI) has asked the private and public-sector banks to hire the services of qualified auditors instead of chartered accountants who render ‘compilation engagement’ services. In a compilation engagement, a chartered accountant uses his accounting expertise as opposed to the auditing expertise to collect, classify and summarize financial […]
Uttam Prakash Agarwal, president of Institute of Chartered Accountants of India (ICAI), has been in focus lately, handling queries on the role of auditors in the Satyam Computer fiasco. Agarwal, who is also chairing the six-member high-level committee set up by ICAI to look into the Satyam scandal, talked to Vivek Seal of DNA on […]
The Institute of Chartered Accountants of India (ICAI) will soon update the accounting norms for oil and gas industry to keep pace with the technological developments in the sector. “We issued guidelines for oil and gas industry in 2003. But since then a lot of technological improvement has taken place. Therefore, we are revising some norms,” ICAI […]
The government has turned down a proposal of the Reserve Bank of India (RBI) to allow public sector banks to select auditors independently. Last year, RBI had made the proposal to the finance ministry, which forwarded it to the Ministry of Corporate Affairs (MCA), the nodal body for auditors. The proposal was in line with […]
ICAI Celebrates Africa Day The Institute of Chartered Accountants of India (ICAI) and Indo-African Chambers of Commerce and Industry celebrated Africa Day from 18-19 May, 2009 at Mumbai. Diplomats from various countries from African Continent congregated to formalize strategy for working towards the growth of the Africa. The diplomats applauded the endeavors of India for […]
We are producing below the copy of letter written by ICAI President CA. UTTAM PRAKASH AGARWAL to Honourable Secretary to the Govt. of India Shri. Shri K.M. Acharya in respect of Empowerment of visually challenged Chartered Accountants. May, 20th 2009 Ref No. No.1-CA(RepCom) /2009 Shri K.M. Acharya, Secretary to the Govt. of India, Ministry of Social Justice & Empowerment, Shastri Bhawan, Dr. Rajendra Prasad […]
The documentary evidence which was placed by the appellant before the Appellate Authority should have been considered independently of provisions of Section 72 of the FERA . The appellant could prove his contention with evidence available including the documents. If the documents are not authenticated the appellant could be given opportunity to prove the documents and their contents. His contention could not be rejected merely because the documents were not authenticated.
Expression of interest from firms of Chartered Accountants for inclusion of their names to the existing panel of Statutory Auditors / Additional Auditor/ Concurrent Auditor for BOT/BOT (Annuity) Projects of NHAI (based upon new MCA) in various States of India. National Highways Authority of India (NHAI) awards concessions for Highways construction to the selected bidders. […]
