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Case Study on Bhansali Scam

CA, CS, CMA : Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital ...

June 7, 2024 1929 Views 0 comment Print

SQC-1 The key to unlocking your firm’s full potential

CA, CS, CMA : Discover how SQC-1 enhances your firm's quality control, ensuring compliance and boosting credibility. Unlock your full potential ...

May 29, 2024 1026 Views 0 comment Print

Supreme Court Upholds ICAI’s Limit of 60 Tax Audits per CA: Analysis

CA, CS, CMA : Discover the Supreme Court's ruling on ICAI's 60 tax audits limit per Chartered Accountant, its implications, and future impact on...

May 23, 2024 10479 Views 0 comment Print

ICAI finds EY India and it’s Affiliate Entities Guilty of Professional Misconduct: Analysis

CA, CS, CMA : Analysis of ICAIs disciplinary action against EY India affiliates for professional misconduct, implications, and insights into reg...

April 29, 2024 19878 Views 1 comment Print

Valuation Services by A Chartered Accountant

CA, CS, CMA : Discover why valuation services are crucial for Chartered Accountants & professionals. Learn about the scope, significance, and ce...

April 15, 2024 20517 Views 2 comments Print


Latest News


Exposure Draft on Proposed Revisions to ‘IES 2, 3 & 4 – Sustainability’

CA, CS, CMA : Explore the Exposure Draft on proposed revisions to IES 2, 3, and 4 – Sustainability by IFAC. Share your feedback to shape globa...

June 21, 2024 213 Views 0 comment Print

Representation on Equitable Allocation of Tax Audit Assignments

Income Tax : Read CAASs recommendations for fair tax audit allocation, ensuring auditor independence and quality. They suggested automated allo...

June 17, 2024 2091 Views 1 comment Print

ICAI Convocation July – 2024- For newly enrolled Members – Date & Cities

CA, CS, CMA : Discover the ICAI Convocation July 2024 dates and locations for new members and CA Final Rank Holders. Get ready to receive your ...

June 11, 2024 17389 Views 0 comment Print

ICAI Imposes 5-Year Debarment for Mobile Phone Use in May 2024 Exams

CA, CS, CMA : ICAI takes strict action against CA exam candidates for using mobile phones during exams, debarring them for 5 years. Important an...

June 4, 2024 2361 Views 0 comment Print

ICAI Launches SPMT Portal for Self-Paced Module Tests

CA, CS, CMA : Explore the new Self-Paced Module Test Portal by ICAI for candidates completing learning hours. Learn how to register, exam detail...

June 4, 2024 2520 Views 0 comment Print


Latest Judiciary


Same Methodology Must Be Applied for Valuing Opening & Closing Stock: Kerala HC

Income Tax : Explore the detailed analysis of P. A. Jose Vs Union of India judgment by Kerala High Court regarding the valuation methodology fo...

May 31, 2024 309 Views 0 comment Print

Delhi HC Dismisses Plea to Postpone CA Exams Amid Election Concerns

CA, CS, CMA : Despite concerns over elections, Delhi High Court rejects plea to delay CA exams. Detailed analysis of the judgment provided....

May 8, 2024 432 Views 0 comment Print

Delhi HC Upholds Bid Disqualification Over Missing Certified Information in UDIN Certificate

CA, CS, CMA : Delhi High Court ruling upholds disqualification of bid by Sunshine Caterers in IRCTC tender due to non-mention of certified infor...

April 10, 2024 537 Views 0 comment Print

Advance for Flats: Recognizing Revenue on Risk Transfer & Buyer’s Transfer Rights- ITAT

Income Tax : In the case of Cavalcade Properties Pvt. Ltd. vs. DCIT, ITAT mandates re-evaluation of advances against flat bookings, challenging...

March 22, 2024 837 Views 0 comment Print

Section 263 cannot be invoked if here is no prejudice against revenue

Income Tax : Ahmedabad ITAT quashes Sec 263 order in Soham Buildcon vs PCIT-3 case, citing absence of twin conditions for exercising power unde...

March 21, 2024 378 Views 0 comment Print


Latest Notifications


CA Cleared of Financial Irregularities and Shell Company Allegations: Insufficient Evidence Found

CA, CS, CMA : Board of Discipline finds CA Sashi Kant Khetan not guilty of misconduct in a case involving alleged financial irregularities and s...

June 22, 2024 738 Views 0 comment Print

ICAI clears CA of Misconduct Charges – Unauthorized legal services & demand of commission

CA, CS, CMA : Board of Discipline finds CA Jayant Kumar Harlalka not guilty of professional misconduct in case filed by Shri Balwant Prasad Sing...

June 22, 2024 612 Views 0 comment Print

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

CA, CS, CMA : Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, ch...

June 22, 2024 978 Views 0 comment Print

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

CA, CS, CMA : Explore the ICAI Board of Discipline's ruling on an audit dispute where the respondent's communication via registered post was dee...

June 22, 2024 399 Views 0 comment Print

Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

Company Law : Explore NFRA's order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18....

June 21, 2024 402 Views 0 comment Print


Latest Posts in ICAI

CA Cleared of Financial Irregularities and Shell Company Allegations: Insufficient Evidence Found

June 22, 2024 738 Views 0 comment Print

Board of Discipline finds CA Sashi Kant Khetan not guilty of misconduct in a case involving alleged financial irregularities and shell companies.

ICAI clears CA of Misconduct Charges – Unauthorized legal services & demand of commission

June 22, 2024 612 Views 0 comment Print

Board of Discipline finds CA Jayant Kumar Harlalka not guilty of professional misconduct in case filed by Shri Balwant Prasad Singh.

First Auditor not required to obtain NOC from Other Auditor: ICAI DC

June 22, 2024 978 Views 0 comment Print

Explore the detailed analysis of a professional misconduct case under the Chartered Accountants Act 1949. Learn about findings, charges, proceedings, and final conclusions.

ICAI Finds Auditor Not Guilty: Audit Acceptance Communication Validated

June 22, 2024 399 Views 0 comment Print

Explore the ICAI Board of Discipline’s ruling on an audit dispute where the respondent’s communication via registered post was deemed sufficient, leading to a ‘Not Guilty’ verdict.

Audit misconduct at DHFL branches: NFRA imposes one-year debarment & Penalty

June 21, 2024 402 Views 0 comment Print

Explore NFRA’s order under Companies Act 2013 on CA Krishna Bihari Chaturvedi for audit misconduct at DHFL branches in FY 2017-18. Details on penalties and findings.

Exposure Draft on Proposed Revisions to ‘IES 2, 3 & 4 – Sustainability’

June 21, 2024 213 Views 0 comment Print

Explore the Exposure Draft on proposed revisions to IES 2, 3, and 4 – Sustainability by IFAC. Share your feedback to shape global accountancy education standards.

Representation on Equitable Allocation of Tax Audit Assignments

June 17, 2024 2091 Views 1 comment Print

Read CAASs recommendations for fair tax audit allocation, ensuring auditor independence and quality. They suggested automated allotment and fee structuring under ICAI.

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

June 12, 2024 378 Views 0 comment Print

The ICAI’s Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and other misconduct.

ICAI Convocation July – 2024- For newly enrolled Members – Date & Cities

June 11, 2024 17389 Views 0 comment Print

Discover the ICAI Convocation July 2024 dates and locations for new members and CA Final Rank Holders. Get ready to receive your Certificate of Membership!

Case Study on Bhansali Scam

June 7, 2024 1929 Views 0 comment Print

Delve into the CRB Scam case study of 1996, exposing loopholes exploited by Bhansali, implications on public funds, and the vital role of auditors in maintaining transparency.

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