CA, CS, CMA : Automation is reducing repetitive accounting work such as GST filings, reconciliations, and data entry, but professional judgment ...
Goods and Services Tax : ICAI clarified that ITC wrongly reversed under Table 4(B)(1) instead of Table 4(B)(2) can still be reclaimed within statutory time...
CA, CS, CMA : The FAQs explain how the 60 Tax Audit assignment ceiling will operate through the UDIN system from 1 April 2026. ICAI clarified wh...
CA, CS, CMA : The evolution from manual training to tech-driven learning highlights changing expectations. The key takeaway is balancing traditi...
CA, CS, CMA : Banks are asking CAs to issue end-use and KYC certificates without regulatory support. RBI confirms no such requirement exists, hi...
CA, CS, CMA : Chandigarh Chartered Accountants Taxation Association has requested CBDT to immediately release pending ITR e-filing utilities for...
CA, CS, CMA : The Sales Tax Bar Association requested reconsideration of Bar Council of India rules prohibiting advocates from entering partners...
CA, CS, CMA : ICAI has warned members and students against fraudulent calls, emails, and WhatsApp messages seeking confidential information and ...
CA, CS, CMA : The issue involves publication of the draft panel for statutory auditor appointments. ICAI has released the list based on existing...
Goods and Services Tax : Persistent technical issues prevented users from accessing the portal and completing filings. The representation seeks urgent fixe...
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...
Goods and Services Tax : The High Court granted a post-decisional hearing after finding that a proper Chartered Accountant’s certificate with UDIN was no...
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...
CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...
CA, CS, CMA : The issue concerns disciplinary action for professional misconduct. The ruling enforces removal from membership and bars practice ...
CA, CS, CMA : ICAI has established a new branch in Korba under Regulation 159 to expand its regional presence. The move enhances administrative ...
In this article I will present my detailed analytical view of revised Format for Financial Statements by ICAI on non corporate entities, based on the ICAI’s guidance note.
ITAT Bangalore held that delay of 38 days caused due to mistaken belief of Chartered Accountant (CA) is a sufficient cause and hence condonable. Accordingly, delay condoned and appeal to be decided on merits.
Apply for IOB Concurrent Audit Empanelment 2025-26. Eligibility: RBI panel auditors, 2 years’ bank audit experience, FCA, CISA/DISA. Deadline: 28 May 2025.
Understand the varied reasons students commit to the demanding CA exam journey: supporting family, achieving personal goals, building a career, gaining security, and contributing professionally.
Recurring accounting errors in non-corporate financials and audit assignment limits for Chartered Accountants are outlined, impacting reporting accuracy.
ICAI revises schedule for CA Final, Intermediate (Group II), and INTT-AT May 2025 exams. New dates are May 16 to May 24, 2025.
ICAI announces postponement of remaining May 2025 CA Final, Intermediate, and INTT AT exams due to tense security. Revised dates to be announced. Check www.icai.org.
ICAI proposes changes to GST Forms GSTR-9 and GSTR-9C for better clarity, reporting, ITC reconciliation, and addressing compliance issues.
ICAI President discusses India’s economic transformation, capital market growth driven by retail investors and MSMEs, and the institute’s financial literacy and capacity building efforts.
Overview of ICAI’s guidance note on preparing financial statements for non-corporate entities, including applicability of AS and standardized formats.
