Income Tax : The Income Tax Bill 2025, set to replace the 1961 Act, redefines the role of Chartered Accountants in tax compliance and represent...
CA, CS, CMA : Direct taxation in India is plagued by mishandling, ignorance, and reliance on settlement schemes, risking the financial stability...
CA, CS, CMA : For trainees, the stipend is not merely a financial benefit but an acknowledgment of their hard work and a means to manage their d...
CA, CS, CMA : Learn the pros and cons of shifting to private practice as a Chartered Accountant, with insights on risk tolerance, confidence, de...
CA, CS, CMA : Tragic death of a young employee highlights importance of balancing professional, personal, and social lives, urging businesses to...
CA, CS, CMA : ICAI releases CA Intermediate & Foundation exam results for Jan 2025. Check pass percentages, toppers, and result details. Visit I...
CA, CS, CMA : ICAI announces BoS Series I & II virtual sessions for CA Final May 2025 aspirants, starting March 24 & April 16. Get expert guidan...
CA, CS, CMA : ICAI announces CA Foundation Mock Test Series I & II for May & Sept 2025 exams. Tests start April 22 (Series I) & May 5 (Series II...
CA, CS, CMA : ICAI announces CA Intermediate BoS Exam Series I & II for May 2025 exams. Sessions start March 20 (Series I) & April 8 (Series II)...
CA, CS, CMA : ICAI announces CA Intermediate Mock Test Papers for May 2025 exams. Tests will be held in physical and virtual modes. Check the fu...
Goods and Services Tax : Andhra Pradesh HC stays ICAI decision to remove a Chartered Accountant accused of fake GST invoicing, providing interim relief pen...
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...
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...
CA, CS, CMA : Patna High Court dismisses a Chartered Accountant firm's petition for non-empanelment due to non-compliance with tender conditions...
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...
CA, CS, CMA : ICAI corrects formatting errors in CA Firm Merger Guidelines 2024, addressing alignment issues in seniority, partnership firms, an...
CA, CS, CMA : The Board of Discipline reviewed allegations against CA. Upendra Muley, focusing on fraud claims. Findings highlight lack of evide...
CA, CS, CMA : ICAI Board of Discipline finds CA not guilty in a dispute over a No Objection Certificate for a new auditor appointment, citing co...
CA, CS, CMA : ICAI Board of Discipline finds CA Hari Sethumadhavan Nair not guilty in case related to Swan Telecom funding and UAS licenses, cit...
CA, CS, CMA : ICAI Board acquits CA Gautam Doshi, citing lack of evidence and judicial precedents from the 2G spectrum case. Detailed findings a...
A comprehensive checklist for conducting a statutory audit. Learn about the documents required and the audit procedures to ensure compliance.
ICAI) has mandated CA firms to undertake audit quality maturity evaluation through AQMM rev v1.0 w.e.f. 1st of April 2023.
Grievances and suggestions with respect to the functioning of Demand Facilitation Center, CPC (DFC) in connection to the outstanding demand
A Practicing Chartered Accountant abstain from soliciting clients or professional work either directly or indirectly by circular, advertisement, personal communication, or interview or by any other means.
NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.
ICAI request to Amend section 110 of the CGST Act, 2017 to qualify Chartered Accountants as Technical Member to GST Appellate Tribunal
EOW cracked a major PAN India income tax refund scam being operated from Delhi NCR area. Economic Offences Wing, Bhubaneswar arrested accused Neeraj Singla (28 years age), a resident of Faridabad, Haryana, on 09.09.2022 in connection with EOW PS Case No.15 dt.27.08.2022 U/s 420/467/468/471/120-B IPC/ Sec.66 IT Act. The arrested accused was produced before the […]
W.E.F. the 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatory required to undertake an evaluation of their audit quality maturity using the Audit Quality Maturity Model Revised Version 1.0 (AQMM Rev v1.0). Centre For Audit Quality Directorate The Institute of Chartered Accountants of India 13th September, 2022 MANDATORY […]
The primary function of the Auditor in the present case was to ensure compliance with SAs to achieve the necessary audit quality to lend credibility to financial statements and facilitate its users. A critical, questioning attitude, an unwillingness to be satisfied by superficial explanations, not concluding on material matters without rigorous verification, diligent and methodical […]
Held that rule 12 Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007 does not expressly debar the Director Discipline from entertaining a complaint merely because it may relate to acts of misconduct committed seven years prior to the same being lodged.
