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...
Infographics as the name suggests is very versatile tool, which helps to sail smoothly “The Sea” of our profession. Let us look at some of the ways. (1) Glare at glimpses Let us begin our journey with CA journal, the basic building designed with various themes on need basis. Not only in CA journal, but […]
User Manual for ‘First Time Login ID creation in SSP Portal for Existing Member for ICAI’ This User Manual is intended for already registered members who want to create a login ID on the new Self Service Portal or are not able to login. Step 1: Please go the website ICAI.org. Once there, please click […]
Chartered Accountancy (CA) is one of the most promising, popular and perplexing professional courses. It requires an integration of intelligence, hard work and continuous dedication with non-stop efforts. Many aspirants relinquish this challenging journey and replace their dreams with some other career options. However, there are some highly-motivated aspirants who overcame every improbability to clear […]
ICAI vide its letter dated 08th July 2019 objected to News Item titled ‘Parvez par aniyamittaon ka bhari bharkam bojh’ published in Amar Ujala, Jammu on June 10, 2019 and News Item titled ‘Sacking of J&K Bank head opens up a can of worms’ published in The Times of India dated June 10, 2019. Text […]
Chartered Accountant or CA aspirants are everywhere in India and also nowadays one of the most promising careers even in overseas. There are chances that approx 60% of the students who have opted for B.Com choose to establish themselves as professional CAs in the coming years. Because of its quality and values, this is one […]
Hello friends greetings for the day in the current article we will discuss about generation and other procedural requirement for Unique document identification number in case of Tax audit or GST Audit conducted by a CA. It has been made mandatory for all tax audit reports and GST Audit reports with effect from 1st April […]
Hello friends in the current article we will discuss about various issues involved during generation of UDIN by a practicing Chartered accountants. 1. Multiple reports under one assignment. Whether to issue multiple UDIN or one? In case there are multiple reports under single assignment undertaken by a member then there is no requirement of multiple […]
Recently many of the newspaper circulating in Surat city have published a news in which they claimed that a person namely ‘Manish Pachhigar’, who was arrested with Asst. Charity Commissioner, Surat in alleged bribery case of Rs. 75000/- is a Chartered Accountant. While as a Matter of fact ‘Manish Pachhigar’ is not a Chartered Accountant and he is not holding degree of Chartered Accountant. ICAI Surat (WIRC) has taken strong objection to reporting by Newspapers of ‘Manish Pachhigar’ as a CA and have conducted a Press conference on 12th June 2019 and issued a press release to them to issue clarification in this regard.
Back in 2006, when I entered in CA profession, we were thought that CAs are expected to be perfect in their accounting skills, we have to verify from the view point of substance over form, consider materiality to form a true and fair view, etc. Accounting was considered to be all about accounting standards, be […]
It is admirable that the erstwhile Finance Minister has brought down corporate taxes to 25% plus 4% cess in the First innings of the Government as promised. However, there are many taxes apart like the Dividend Distribution Taxes 20.56% effectively, Taxes on Dividend above 10 lakhs in Individual hands @ 10%. In effect its cumulative effect demotivates the earning for private limited companies.
