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...
The Word of Caution and the Good News for Auditors: The auditor is now required to ensure zero outstanding of audit fee before signing current year audit report as per the Revised Code of Ethics. Legal Position as per Code of Ethics, 2019 Section 410.7 A1 A self-interest threat might be created if a significant […]
MCA exempts CA, CMA, CS & Advocate having 10 years’ experience from Online Proficiency Self-Assessment Test for becoming Independent Director by notifying Companies (Appointment and Qualification of Directors) Amendment Rules, 2021 vide Notification No. G.S.R. 579(E) dated 19th August, 2021. MCA vide its Notification dated 19th August 2021 has issued the Companies (Appointment and Qualification […]
Existing Form 18 has been replaced by Revised Form 18 to facilitate formation of Multi-disciplinary Partnership Firm of Chartered Accountants in Practice.
Exposure Draft of revised AS 105, Non-current Assets Held for Sale and Discontinued Operations, has been issued by the ASB for comments with the last date being September 14, 2021
Many students believe that a B.Com degree is one of the prerequisites for the CA program. The answer is no. If you apply via Foundation Route, you don’t need a B.Com degree to become a CA. However, if you apply for the program via the direct entry option, you must have a bachelor’s degree. First […]
There was a great contribution of Chartered Accountants in Indian economy post-independence, rather we should say world economy as members of ICAI has a presence in almost every developed and developing countries of the world engaged in providing quality services in the field of accountancy, finance, auditing , business consultancy etc. In India, CA.’s are […]
It is crucial and critical to understanding that CA is not the same as other accounting courses. Everyone understands that taking the CA exam / CA final exam is not easy. Hence, it is correct to say that there are no shortcuts and only hard work and patience will pay off in the end. The […]
1.’MDP CAs in Practice’ is an abbreviation of the term ‘Multi-disciplinary Partnership Firm of Chartered Accountants in Practice’. The provisions of the Chartered Accountants Act, 1949 and the Chartered Accountants Regulations 1988 amended way back and permit the members of the Institute of Chartered Accountants of India to form multi-disciplinary partnership firms with specified professionals. […]
Multi-disciplinary Partnership Firm of Chartered Accountants in Practice means the firm which has been approved to practice in its name by the Council of ICAI under Regulation 53B read with Regulation 190 of the Chartered Accountants Regulations, 1988 hereafter referred to as MDP. The Institute of Chartered Accountants of India has issued a FAQ to […]
Virtual CA firms have been a necessity for an hour. This makes the business logic for CA firms ready to adopt the technology at the earliest. This requires a fundamental rethink at the company and the right set of tools to help companies mature on their digital journey.
