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 ...
The Institute of Chartered Accountants of India (ICAI) Disciplinary Committee has reprimanded a CA and imposed a fine of Rs. 20,000 for professional misconduct including issuing an unmodified audit report for a company with negative net worth and failing to report on non-compliance with the Companies Act, 2013.
The ICAI Disciplinary Committee has ordered the removal of CA Praveen Murarka from the register for six months due to professional misconduct and negligence in certifying e-forms.
ICAI announces the results of the Chartered Accountants Final Examination November 2024, with 11,500 students qualifying. Top rank holders also named.
ICAI declares members elected to the 25th Regional Councils. Includes names, membership numbers, and locations for each region. View complete notification details.
ICAI declares elected members of its 26th Council from regional constituencies. Details include member names, membership numbers, and places.
National Financial Reporting Authority (NFRA) has penalized CA Chetan Desai and CA Rakesh Rathi, partners at Haribhakti & Co. LLP, for professional misconduct during the audit of DB Realty Limited (now Valor Estate Limited) for the financial year 2015-16. Following information provided by SEBI in 2022, NFRA initiated an examination revealing significant lapses in auditing […]
ICAI aids Indian Railways in transitioning to accrual-based financial systems, ensuring transparency and integrating sustainability in financial reporting.
For trainees, the stipend is not merely a financial benefit but an acknowledgment of their hard work and a means to manage their daily expenses. Unfortunately, some training firms engage in the unethical practice of withholding stipends when trainees resign—a violation of trust and professional ethics.
The ICAI Disciplinary Committee has removed CA. Ajay Kumar from its register for one year and fined him Rs. 50,000 for professional misconduct in a CBI-related case.
The ICAI Disciplinary Committee reprimanded a Chartered Accountant and imposed a Rs. 25,000 fine for professional misconduct related to audit reporting failures on unaccounted funds.
