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chartered accountants

Latest Articles


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 1098 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 2292 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 582 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 22569 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 3708 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 2301 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 552 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


CA Final and Intermediate May 2023 Pass Percentage and Rankers

July 5, 2023 31962 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) has declared the results of the Chartered Accountants Final & Intermediate Examination held in May 2023. Check out the top rank holders and pass percentage details. Access your results on the official website.

ICAI President’s Message – July 2023

July 3, 2023 1404 Views 0 comment Print

I am pleased to announce that the launch of the New Scheme of Education and Training for the Chartered Accountancy course is scheduled for July 1, 2023 in the august presence of Chief Guest Hon’ble President of India, Smt. Droupadi Murmu during the CA Day event. This marks a significant milestone for all of us, and I express my gratitude to my Council, and the entire Team ICAI for their efforts in making this possible.

Come! Let’s pray on Chartered Accountants Day!!

July 1, 2023 2328 Views 1 comment Print

Celebrate Chartered Accountants Day (1st July) with a poetic journey, praying for qualities like super consciousness, planned approach, transparency, perpetuity, stress-free work, intellectual prowess, and staying updated. Seek blessings to soar high with the qualities of Garuda, the emblem of ICAI. Join the poetic tribute to this esteemed profession

ICAI Changes Cut-Off Date for Bank Branch Auditors Panel

June 30, 2023 6027 Views 0 comment Print

Professional Development Committee of ICAI announces change in cut-off date for the Bank Branch Auditors Panel. Learn about revised date, submission guidelines, and implications for chartered accountants and firms.

Restricting Revocation of UDINs within 48 Hours: ICAI Announcement

June 23, 2023 14298 Views 0 comment Print

The Institute of Chartered Accountants of India (ICAI) has recently made a significant decision regarding the revocation of Unique Document Identification Numbers (UDINs). UDINs are unique codes assigned to attestations and certifications made by chartered accountants in India. In its 420th meeting held on March 23rd-24th, 2023, the ICAI Council announced that the revocation of […]

ICAI Announces New Scheme of Education and Training

June 21, 2023 89109 Views 1 comment Print

ICAI made a significant announcement regarding the formulation of a New Scheme of Education and Training. This scheme aligns with International Education Standards and the National Education Policy, 2020 (NEP). The ICAI has taken into account inputs from various stakeholders and has notified the scheme in the Gazette of India, set to be implemented from July 1st, 2023.

SEBI Final Order: Falsification in Financial Statements of Arvind Remedies Limited

June 19, 2023 6288 Views 0 comment Print

Read the final order issued by the Securities and Exchange Board of India (SEBI) regarding the falsification and misstatement of financial statements by Arvind Remedies Limited. The order includes background information, findings, and directions issued to the involved parties.

Janakalyan Sahakari Bank Ltd. Appointment of Concurrent Auditors

June 18, 2023 3009 Views 0 comment Print

Janakalyan Sahakari Bank Ltd. invites applications from Chartered Accountant/Cost Accountant firms for appointment of Concurrent Auditors to conduct audits of its branches from 1st July 2023 to 30th June 2024.

J&K Bank Concurrent Auditor Empanelment 2023-24

June 18, 2023 12219 Views 0 comment Print

Learn how to apply for empanelment as a Concurrent Auditor with J&K Bank for year 2023-24. Find eligibility criteria, guidelines for filling online application, and terms of engagement for Concurrent Auditors.

ED arrest former CA and statutory auditor of Shakti Bhog Foods Ltd

June 17, 2023 20466 Views 0 comment Print

Directorate of Enforcement (ED) has taken a significant step in the Shakti Bhog Foods money laundering case by provisionally attaching 59 immovable and movable properties worth Rs. 28.67 Crore. The attachment has been made under the Prevention of Money Laundering Act (PMLA) and involves individuals such as Sunil Dhupar, former CA and statutory auditor of […]

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