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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 18441 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 19059 Views 2 comments Print

Beyond Numbers: How CA Firms Shape Finance Professionals

CA, CS, CMA : Explore how CA firms contribute to shaping finance professionals beyond numbers, their influence on startups, and the importance o...

March 21, 2024 2436 Views 0 comment Print

ICAI Announces CA Intermediate & Foundation Exams Thrice a Year

CA, CS, CMA : ICAI will now conduct the CA Intermediate and Foundation course examinations thrice a year, starting from June 2024. Previously, t...

March 10, 2024 4800 Views 1 comment Print

Streamlining Audits: ICAI’s Centralized NOC Policy and its Benefits for Incoming CAs

CA, CS, CMA : Learn about ICAI's Centralized NOC Policy and its benefits for Chartered Accountants (CAs). Streamlining audits for efficiency and...

March 9, 2024 1473 Views 0 comment Print


Latest News


MEF 2023-24 Additional Information Form: Guidelines & Deadline

CA, CS, CMA : Get guidelines for filling the MEF 2023-24 Additional Information Form by the Professional Development Committee. Deadline: 7th Ma...

May 2, 2024 252 Views 0 comment Print

ICAI President’s Message – May 2024

CA, CS, CMA : Explore the transformative impact of AI in accounting, its global and Indian implications, challenges, regulations, and ICAI initi...

May 2, 2024 81 Views 0 comment Print

ICAI submits Pre-Budget Memorandum to CBDT advocating Tax Reforms

CA, CS, CMA : Read about the Institute of Chartered Accountants of India's Pre-Budget Memorandum 2024 submission, advocating tax incentives for ...

April 30, 2024 810 Views 0 comment Print

Draft Guidance Note on Income-tax Audit Reports under Section 12A/10(23C)

Income Tax : Engage in shaping tax audit guidelines! Direct Taxes Committee invites public comments on the Exposure Draft for Guidance Note on ...

April 30, 2024 960 Views 0 comment Print

ICAI Mock Test Papers Series I: CA Foundation June 2024 Exams

CA, CS, CMA : The Institute of Chartered Accountants of India (ICAI) announces Mock Test Papers Series I for CA Foundation June 2024 Exams....

April 25, 2024 9762 Views 0 comment Print


Latest Judiciary


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 345 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 693 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 252 Views 0 comment Print

SC Upholds CA Rule on Referring Misconduct to Disciplinary Committee

CA, CS, CMA : Naresh Chandra Agrawal Vs Institute of Chartered Accountants of India And Others (Supreme Court of India) In a landmark judgment, ...

February 10, 2024 648 Views 0 comment Print

HC directed ICAI to grant membership to CA Student who pursued multiple courses during CA Studies

CA, CS, CMA : Since on every occasion the student had diligently sought permission from the Respondent to pursue the course and on every occasio...

December 16, 2023 38946 Views 2 comments Print


Latest Notifications


ICAI Directs Three S. R. Batliboi Firms to Cease Existing Arrangements with E&Y

CA, CS, CMA : Delve into the detailed analysis of the disciplinary committee's order against Indian chartered accountants for professional misco...

April 29, 2024 4776 Views 0 comment Print

Entering into prohibited arrangements with international entities is Professional Misconduct: ICAI

CA, CS, CMA : Dive into the detailed analysis of the Institute of Chartered Accountants of India (ICAI) Disciplinary Committee's order in the Tr...

April 29, 2024 219 Views 0 comment Print

ICAI held CA Guilty of Misconduct in Alleged Tax Receipt & ITR Forgery

CA, CS, CMA : Explore the case against Kapil Dev Aggarwal under the Chartered Accountants Act, with detailed analysis of allegations, hearings, ...

April 29, 2024 1272 Views 0 comment Print

NFRA Imposes ₹60 Lakh Penalty on CMIL Auditor & Debars Auditor for 2 Years

Company Law : NFRA issues Order against Krishna Neeraj & Associates and CA Krishna Kr Neeraj for professional misconduct in CMIL's audit, imposi...

April 26, 2024 14058 Views 1 comment Print

Securing Business via International Entity Members is Professional Misconduct: ICAI

CA, CS, CMA : Read the detailed analysis of the Disciplinary Committee's order against CA. Shreedhar Tryambak Kunte under the Chartered Accounta...

April 24, 2024 273 Views 0 comment Print


HC quashes disciplinary proceeding against CA by ICAI for Inexcusable Delay

December 2, 2014 6157 Views 0 comment Print

In this case ICAI has started the Disciplinary proceeding against a CA . It was alleged that he has got published an advertisement in ‘Accountancy Journal’ published by the Institute of Chartered Accountants of England and Wales, in United Kingdom to solicit any business

ICAI invites comment on Draft AS on Property Plant and Equipment

December 1, 2014 2372 Views 0 comment Print

Invitation to comment on the Exposure Draft of the Accounting Standard (AS) 10 (Revised), Property Plant and Equipment issued by the Accounting Standards Board (ASB) of the ICAI The Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI) at its 207th meeting considered for the upgradation of existing Accounting Standards in […]

ICAI President’s Message – December 2014

November 28, 2014 1115 Views 1 comment Print

Implementation of the Companies Act, 2013-ICAI Role – Another important emergent area of national and professional importance on which we are focusing our attention is the implementation of certain crucial provisions of the Companies Act, 2013. In this regard, I would like to apprise you of the following important developments:

ICAI clarifies on Proposed increase in Fees for supply of Answer Sheet and Re-verification

November 20, 2014 2487 Views 0 comment Print

ANNOUNCEMENT Dated- 19.11.2014 Draft amendments in the Chartered Accountants Regulations, 1988 notified in the Gazette of India vide Notification No. 1-CA(7)/167/2014 dated 10th September, 2014 The Council at its 337th meeting held on 29th, 30th and 31st October, 2014 in the office of the Institute at A-29, Sector 62, Noida considered the comments received on […]

ICAI postpones Group-I, Paper-4, of Intermediate (IPC) examination

November 14, 2014 634 Views 0 comment Print

Postponement of Group-I, Paper-4, of Intermediate (IPC) examination scheduled for 14th November 2014 to 23rd November 2014

ICAI not delaying disposal of disciplinary complains

November 13, 2014 2606 Views 7 comments Print

ICAI Press Release-Ref to Newspaper Report published in Times of India, Delhi edition dated Nov 2, 2014. – (11-11-2014) ICAI Press Release November 10, 2014 This has reference to the Newspaper Report published in Times of India, Delhi Edition dated 2nd November, 2014, wherein it has been alleged that a disciplinary complaint has been filed […]

Postponement of Exam of Taxation Paper of IPC Exam Scheduled For 14.11.2014

November 12, 2014 2249 Views 0 comment Print

It is hereby informed that due to unavoidable circumstances the examination of Group – I, Paper – 4 – Taxation of Intermediate (IPC) Examination scheduled for 14th November – 2014 stands postponed. The said examination will now be held on 22nd November – 2014 (Saturday) from 2.00 PM to 5.00 PM.

ICAI President's Message – November 2014

November 1, 2014 2201 Views 0 comment Print

India’s G20 Obligations – ICAI’s Role – It is a matter of pride for our profession that a member of our fraternity and former Union Minister CA. Suresh Prabhu has been appointed as our Prime Minister’s Sherpa for the G20 summit, the most significant meeting of world leaders, to be held in Brisbane from 15th November, 2014. As a personal emissary of Prime Minister, he will be responsible for preparing the agenda for the Summit.

Reporting on Internal Financial Control deferred for one year i.e., up to 01.04.2015

October 22, 2014 3789 Views 0 comment Print

Ministry of Corporate Affairs has amended Rules for Chapter 10 (Audit and Auditors) of the Companies Act, 2013 and Reporting on Internal Financial Control u/s 143 (3) (i) of the Companies Act, 2013 has been deferred for one year i.e., up to 31.03.2015. The auditor shall report on the existence of adequate internal financial control and its operational effectiveness for the financial years on or after 01.04.2015.The auditor may voluntarily report for the year from 01.04.2014 to 31.03.2015.

ICAI invite suggestions on ITRs & other Income Tax forms

October 22, 2014 1933 Views 0 comment Print

ICAI invites suggestions on Income-tax Returns (ITRs) and other forms notified under Income-tax Rules, 1962. – (21-10-2014) The Direct Taxes Committee of the ICAI is in the process of compiling suggestions on Income tax Return forms (ITRs) and other forms to be made applicable for Assessment year 2015-16. With regard to the same, suggestions are […]

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