ICAI

How to Choose between CA Or CS?

CA, CS, CMA - CA OR CS.. WHAT’S THE DIFFERENCE??? The Big Question After 12th For Commerce Students Is Like What To Do Now?? Some Of Them Suggest Doing CS Or CA But How To Choose Between CA & CS And What Is The Basic Difference Between Them? Many Questions Arise Regarding What Is Course, Eligibility, Coaching’s And Then […]...

Read More

Summary of clauses in CARO 2020 and consequential amendments to Schedule III to Companies Act, 2013

CA, CS, CMA - Summary of reporting requirements under CARO 2020 and Summary of disclosures requirements under Schedule III to the Companies Act, 2013 - Article summarises interplay of some of the clauses in CARO 2020 and consequential amendments to Schedule III to the Companies Act, 2013....

Read More

Is Indian Institute of Accounting Practiable?

CA, CS, CMA - There has been hue and cry over the central government overtures to  set up Indian institute of accounting (IIA) in the line of IIT, IIM etc  all over the country to such extent so as to finds its stout voices  in the floor of parliament. It  is quite natural since such proposal seeks to replace […]...

Read More

Free GST Software for 3 years for CA’s in Practice: An Initiative of ICAI

CA, CS, CMA - Due to the increase in complexity in GST compliance and a lot of manual work related to reconciliation and reporting, GST Audit has become a very typical job for CA's to match and reconcile every return. Practicing Chartered Accountants always need a tool that can minimize the clerical work and increase accuracy and effectiveness in the r...

Read More

Decoupling ICAI

CA, CS, CMA - When the demonetization of Rs 500 & Rs 1000 was announced by Prime Minister Sri Modiji of India on a nationally televised address, even I was watching the same in Abu Dhabi at my residence (Presently in India) and I couldn’t believe that these 2 denominations of notes are no more legal tender, so what […]...

Read More

Information System Audit – Assessment Test (ISA – AT), July 2022

CA, CS, CMA - Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) which is open to the members of the Institute will be held on 31st July 2021 (Saturday) from 9.00 AM to 1.00 PM (IST) at the following cities provided that sufficient number of candidates offers themselves to appe...

Read More

Observations of candidates on question papers of CA exam May 2022

CA, CS, CMA - It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to Final and Intermediate Examinations being held in May 2022 by e-mail at [email protected] or by way of a letter, sent by Speed Post, at the following address, so as to reach us la...

Read More

Update all pending UDINs at e-filing portal immediately: ICAI

CA, CS, CMA - Members are also hereby advised to kindly update all the pending UDINs at the e-filing portal immediately. Please note that the last date for updating UDINs at the e-filing portal is 31st May 2022....

Read More

Check CAG Provisional empanelment status

CA, CS, CMA - Provisional empanelment status of the firm along with provisional point score for the year 2022-2023 will be available on the website www.care.cag.gov.in from 06 May 2022 to 17 May 2022. Representations, if any, for rectification of clerical mistakes in the online data may be sent by email at [email protected] by 17 May 2022....

Read More

SAE 3410 Assurance Engagements on Greenhouse Gas Statements -Effective Date

CA, CS, CMA - Council decided that the effective date of application of SAE 3410 shall be as follows – (i) Voluntary basis for assurance reports covering periods ending on March 31, 2023 (ii) Mandatory basis for assurance reports covering periods ending on or after March 31, 2024...

Read More

HC upheld removal of CA member for other misconduct

Institute of Chartered Accountant of India Vs Shri. P.P. jay (Karnataka High Court) - Institute of Chartered Accountant of India Vs Shri. P.P. jay (Karnataka High Court) ICAI submitted that the report of the Institute be accepted as the respondent has been found to be guilty of grave misconduct and the penalty has been imposed on the respondent commensurate to the misconduct, which h...

Read More

SEBI not competent to take action against CA for lack of Due Diligence

Mani Oommen Vs SEBI (Securities Appellate Tribunal, Mumbai) - Mani Oommen Vs SEBI (Securities Appellate Tribunal) SAT held that once the appellant is not found responsible for the preparation of the financials of the company merely because he was not cautious or did not carry out due diligence properly will not suggest that the appellant colluded with the prom...

Read More

HC directs ICAI Disciplinary Authority to conduct a fresh enquiry into complain with an unbiased behaviour

V. Venkata Siva Kumar Vs Union of India (Madras High Court) - HC quashed the decision of Disciplinary Board of the ICAI against the Chartered Accountant alleged of committing of misconduct. Held that, the complaint filed is undoubtedly incomplete and cannot be relied upon and was not enquired properly and by following the established principles of law. Further...

Read More

ICAI Act should mandate members to disclose any criminal cases/conviction on periodical basis

Mohit Bansal Vs Institute of Chartered Accountants of India (Delhi High Court) - Mohit Bansal Vs Institute of Chartered Accountants of India (Delhi High Court) Facts- The petitioner was enrolled as CA on 25th January 2008. After his enrolment, vide judgement dated 23rd September 2009, the petitioner was convicted by the Trial court for the offences punishable under section 376(...

Read More

Adjudication of correctness of CA’s report by Disciplinary committee of ICAI, no need once the report passed judicial scrutiny

Wholesale Trading Services P Ltd Vs The Institute of Chartered Accountants of India (Delhi High Court) - The court sanctioned the Scheme of Amalgamation vide judgement dated 26.03.2015 and it is apparent that the Court found no fault with or falsity in the report. Once the report passed the threshold of judicial scrutiny, there was no reason why the Disciplinary Committee of ICAI should have adjudicate...

Read More

MCA notifies applicability of Several provisions of CA, CMA & CS Amendment Act

SO. 2184(E) - (10/05/2022) - MCA notifies applicability of Several provisions of Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022 with effect from 10th day of May, 2022. MINISTRY OF CORPORATE AFFAIRS NOTIFICATI ON New Delhi, the 10th May, 2022 SO. 2184(E).—In exercise of ...

Read More

CA, CMA and CS (Amendment) Act, 2022 assented by President

No. 12 of 2022 - (18/04/2022) - (1) This Act may be called the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022. (2) It shall come into force on such date as the Central Government may, by notification in the Official Gazette, appoint, and different dates may be appointed for ...

Read More

CA, CMA & CS (Amendment) Bill, 2021 as introduced in Lok Sabha

Bill No. 161 of 2021 - (30/03/2022) - The Chartered Accountants, The Cost And Works Accountants And The Company Secretaries (Amendment) Bill, 2021 aims to strengthen the disciplinary mechanism by augmenting the capacity of the Disciplinary Directorate to deal with the complaints and information and providing time bound disposal of the c...

Read More

ICAI removes name of 3 members from the Register of Members

Notification No. PR/161/15/DD/09/16/DC/752/18, No. PR-5/2014-DD/31/2014-DC/598/2017, No. PR/162/15/DD/10/16/DC/753/18 - (29/03/2022) - ICAI removes name of 3 members from the Register of Members with effect from 29th March, 2022 In terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misco...

Read More

CA, CS, CMA- Appointment of Members in Appellate Authority

Notification No. G.S.R. 222(E) - (25/03/2022) - Government appoints 5 new members in Appellate Authority in place of existing members under section 22A of the Chartered Accountants Act, 1949, section 22A of the Cost and Works Accountants Act, 1959 and section 22A of the Company Secretaries Act, 1980. MINISTRY OF CORPORATE AFFAIRS NOTIFICATION Ne...

Read More

Recent Posts in "ICAI"

How to Choose between CA Or CS?

CA OR CS.. WHAT’S THE DIFFERENCE??? The Big Question After 12th For Commerce Students Is Like What To Do Now?? Some Of Them Suggest Doing CS Or CA But How To Choose Between CA & CS And What Is The Basic Difference Between Them? Many Questions Arise Regarding What Is Course, Eligibility, Coaching’s And Then […]...

Read More
Posted Under: CA, CS, CMA |

Information System Audit – Assessment Test (ISA – AT), July 2022

Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) which is open to the members of the Institute will be held on 31st July 2021 (Saturday) from 9.00 AM to 1.00 PM (IST) at the following cities provided that sufficient number of candidates offers themselves to appe...

Read More
Posted Under: CA, CS, CMA |

Observations of candidates on question papers of CA exam May 2022

It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to Final and Intermediate Examinations being held in May 2022 by e-mail at [email protected] or by way of a letter, sent by Speed Post, at the following address, so as to reach us la...

Read More
Posted Under: CA, CS, CMA |

Update all pending UDINs at e-filing portal immediately: ICAI

Members are also hereby advised to kindly update all the pending UDINs at the e-filing portal immediately. Please note that the last date for updating UDINs at the e-filing portal is 31st May 2022....

Read More
Posted Under: CA, CS, CMA | ,

MCA notifies applicability of Several provisions of CA, CMA & CS Amendment Act

SO. 2184(E) 10/05/2022

MCA notifies applicability of Several provisions of Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Act, 2022 with effect from 10th day of May, 2022. MINISTRY OF CORPORATE AFFAIRS NOTIFICATI ON New Delhi, the 10th May, 2022 SO. 2184(E).—In exercise of the powers conferred by sub-section (2) ...

Read More

Check CAG Provisional empanelment status

Provisional empanelment status of the firm along with provisional point score for the year 2022-2023 will be available on the website www.care.cag.gov.in from 06 May 2022 to 17 May 2022. Representations, if any, for rectification of clerical mistakes in the online data may be sent by email at [email protected] by 17 May 2022....

Read More
Posted Under: CA, CS, CMA |

SAE 3410 Assurance Engagements on Greenhouse Gas Statements -Effective Date

Council decided that the effective date of application of SAE 3410 shall be as follows – (i) Voluntary basis for assurance reports covering periods ending on March 31, 2023 (ii) Mandatory basis for assurance reports covering periods ending on or after March 31, 2024...

Read More
Posted Under: CA, CS, CMA |

HC upheld removal of CA member for other misconduct

Institute of Chartered Accountant of India Vs Shri. P.P. jay (Karnataka High Court)

Institute of Chartered Accountant of India Vs Shri. P.P. jay (Karnataka High Court) ICAI submitted that the report of the Institute be accepted as the respondent has been found to be guilty of grave misconduct and the penalty has been imposed on the respondent commensurate to the misconduct, which has been proved. None has appeared [&hell...

Read More

ICAI will introduce New Scheme for Education & Training

As you are aware, the ICAI is in the process of introducing a New Scheme for Education and Training. The new Scheme will be in conformity with the international best practices, aligned to National Education Policy 2020, expectations of the industry and technological advancements....

Read More
Posted Under: CA, CS, CMA |

UDIN problem Resolutions

UDIN Resolutions: Please retry today to update UDIN in income tax portal. If problem still error persist, then, 1) Please retry to update UDIN now again. 2) Complain to UDIN Directorate, ICAI: If problem persists, you should also raise a complain on UDIN portal : https://udin.icai.org/complaints . Email id: [email protected], ICAI UDIN Help de...

Read More
Posted Under: CA, CS, CMA |

Browse All Categories

CA, CS, CMA (6,019)
Company Law (8,230)
Custom Duty (9,154)
DGFT (4,767)
Excise Duty (4,688)
Fema / RBI (5,129)
Finance (5,542)
Income Tax (40,768)
SEBI (4,425)
Service Tax (3,935)

Search Posts by Date

May 2022
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031