Goods and Services Tax : ICAI clarified that ITC wrongly reversed under Table 4(B)(1) instead of Table 4(B)(2) can still be reclaimed within statutory time...
CA, CS, CMA : The FAQs explain how the 60 Tax Audit assignment ceiling will operate through the UDIN system from 1 April 2026. ICAI clarified wh...
CA, CS, CMA : Banks are asking CAs to issue end-use and KYC certificates without regulatory support. RBI confirms no such requirement exists, hi...
Company Law : The proposal to remove statutory audits for small companies risks eliminating independent financial scrutiny, potentially weakenin...
Corporate Law : The Bar Council of India has officially confirmed that the IGNOU-ICAI B.Com (Accountancy & Finance) degree meets all eligibility c...
CA, CS, CMA : The Sales Tax Bar Association requested reconsideration of Bar Council of India rules prohibiting advocates from entering partners...
CA, CS, CMA : ICAI has warned members and students against fraudulent calls, emails, and WhatsApp messages seeking confidential information and ...
CA, CS, CMA : The issue involves publication of the draft panel for statutory auditor appointments. ICAI has released the list based on existing...
CA, CS, CMA : Candidates can raise concerns regarding exam papers through email or post. The Institute will consider only properly submitted res...
CA, CS, CMA : The issue focused on strengthening public financial management for effective governance. ICAI emphasized reforms such as accrual a...
CA, CS, CMA : The Delhi High Court held that one of the meetings relied upon for automatic vacation of the petitioner’s seat was convened with...
CA, CS, CMA : The Court examined whether a complaint arising from a family dispute can be entertained in misconduct proceedings. It held that su...
CA, CS, CMA : The High Court held that a direct appellate challenge to the final removal order was not maintainable. The appeal was withdrawn wi...
CA, CS, CMA : The court affirmed disciplinary action where an auditor failed to detect ever-greening of assets and misreporting in audit account...
Income Tax : The ITAT Delhi has deleted a ₹25,000 penalty under Section 271A, ruling that F&O turnover for a trader should be calculated base...
CA, CS, CMA : ICAI Board holds CA not guilty in bribery case, finds no proof of knowledge or intent; mere receipt of packet without mens rea not...
CA, CS, CMA : The issue involved allegations of assisting in bogus accounting entries. The ruling held that without certification or statutory r...
CA, CS, CMA : The issue involved disciplinary action for professional and other misconduct under the Chartered Accountants Act. The authorities ...
Corporate Law : The amended guidelines mandate minimum CPE hours for all practicing members. Non-compliance will lead to discontinuation of the Ce...
CA, CS, CMA : The issue concerns disciplinary action for professional misconduct. The ruling enforces removal from membership and bars practice ...
ICAI mandates Auditor’s Opinion for UDIN generation under GST & Tax Audit and Audit & Assurance categories. Information is not visible to third parties.
ICAI Board of Studies announces virtual exam preparation series for CA Final students appearing in September 2025, starting July 28, 2025.
ICAI offers free Live Virtual Classes for CA Inter May 2026, Sept 2026, & Jan 2027 exams, starting July 21. Access schedule, syllabus, and joining details.
ICAI announces Mock Test Paper Series I and II for CA Intermediate September 2025 examinations, starting July 21 and August 4, available physically or virtually.
The ICAI has released an Exposure Draft for revised Forensic Accounting and Investigation Standards (FAIS), aiming to modernize practices and improve quality. Public comments are invited until June 19, 2025.
The Institute of Chartered Accountants of India has issued an Exposure Draft on proposed Guidelines for Overseas Network. Public comments are open until June 27, 2025.
ICAI establishes new branches in Khammam and Nizamabad, Telangana, effective May 27, 2025. Hosapete is detached from the Ballari branch jurisdiction.
ICAI releases draft panel for statutory auditors of Co-op banks for 2025–26. Complaints accepted until June 7, 2025. Final list to go to NABARD.
ICAI’s Board of Studies is offering free live virtual classes for CA Final students preparing for May 2026, September 2026, and January 2027 examinations. Classes start July 21, 2025, covering key papers with interactive sessions and study resources.
The ICAI reminds members to complete pending CPE hours for Calendar Year 2024 by June 30, 2025, or face escalated non-compliance consequences.
