Follow Us :

ICAI

Latest Articles


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 18414 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 228 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 75 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 801 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Draft Guidance Note on Income-tax Audit Reports under Section 12A/10(23C)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 9654 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 4758 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 213 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 1257 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 14046 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


Solution to Problems in accessing income tax e-filing website

July 31, 2014 154882 Views 23 comments Print

Instant Solution to Problem- 1 Your Internet connection is working, other websites are opening properly but incometaxindiaefiling.gov.in not opening properly & Problem- 2 Internet service from ISP is not available or failing intermittently.

ICAI notifies Time Table for CPT December, 2014 Exams

July 18, 2014 2372 Views 0 comment Print

No.13-CA (EXAM)/CPT/December/2014: In pursuance of Regulation 22 of the Chartered Accountants Regulations, 1988, the Council of the Institute of Chartered Accountants of India is pleased to notify that the Common Proficiency Test will be held on Sunday, 14th December, 2014 in two sessions as below, at the following centres provided that sufficient number of candidates offer themselves to appear from each centre.

Pass Percentage & Toppers of CPT June 2014 Exams

July 17, 2014 16969 Views 0 comment Print

The top three rank holders of Common Proficiency Test held on June 22,2014 are from Guntur , Bhopal, Nagpur , Vijaywada & Bhilwara and their details along with the marks secured by them are mentioned at Annexure -A (Download). The result details of the CPT examination in terms of pass percentage are mentioned at Annexure-B (Given Below).

Time Table of CA Final / IPCE November 2014 Exams

July 17, 2014 15543 Views 0 comment Print

ICAI has announced the Date Sheet/ Time Table for CA Final & CA IPCC for upcoming November 2014 Exams and the CA Final Exam would be beginning from 7th November and ending on 21st November 2014 and the CA IPCC Exam would be beginning from 8th November and ending on 20th November 2014. Related ICAI Notification is as follows :-

Budget 2014- Amendment in Central Excise, Custom Duty & Service Tax

July 12, 2014 16213 Views 0 comment Print

The Customs Act, 1962 proposed to be amended so that a reference in said Act to a Chief Commissioner of Customs or a Commissioner of Customs may also include a reference to the Principal Chief Commissioner of Customs or the Principal Commissioner of Customs, as the case may be. Further, Principal Chief Commissioner of Customs and Principal Commissioner of Customs also proposed to be included in the class of officers of customs.

Direct Tax Highlights of Union Budget 2014-15 by ICAI

July 12, 2014 7896 Views 0 comment Print

Personal Taxation Basic exemption limit to be increased from Rs. 2 lakhs to Rs. 2.5 lakhs for taxpayer below the age of 60 years and from Rs. 2.5 lakhs to Rs. 3 lakhs, in case of senior citizens. The existing limit of deduction under section 80C to be increased from Rs. 1 lakh to Rs. […]

Common Proficiency Test (CPT) June 2014 Exam Result likely on 16th July, 2014 – ICAI

July 12, 2014 17551 Views 0 comment Print

Result of the Common Proficiency Test (CPT) held in June, 2014 is likely to be declared on Wednesday, the 16th July, 2014. The result of the Common Proficiency Test (CPT) held in June, 2014 is likely to be declared on Wednesday, the 16th July, 2014 around 4.00 P.M. and the same as well as the […]

CMAs’ Role in Tax Audit

July 6, 2014 48481 Views 58 comments Print

Finance Act, 1984 introduced Section 44AB under Income-tax Act, 1961 w.e.f Assessment Year 1985-86. Under this section, if the total sales / turnover or gross receipts for previous year exceed the prescribed limits then assessee is required to get his accounts audited by an “Accountant”. This audit is popularly known as Tax Audit.

Audit Limit of 60 for Tax Audit is per Assessment year – ICAI

July 4, 2014 26853 Views 0 comment Print

ANNOUNCEMENT Modification in the Council Guidelines No. 1-CA(7)/02/2008 dated 8th August, 2008 as contained in Appendix No. (34) to the Chartered Accountants Act, 1949 The Council of the Institute at its 331st meeting held in February, 2014 decided to increase the specified number of tax audits from 45 to 60 and an Announcement dated 11.2.2014 […]

UP VAT- CS, CMA included in definition of Accountant

July 2, 2014 4912 Views 0 comment Print

The Uttar Pradesh (UP) Government vide Section 21 of The Uttar Pradesh Value Added Tax Act 2008 and Rule 42 thereof has already recognized Cost Accountants for the purpose of Auditing of Books of every taxable dealers under the Act. Now The UP Government has issued an amendment to Rules vide Government Notification no. Ka.Ni.-2-684/XI-9(295)/07-U.P.VATRULES-08-order-(114)-2014, […]

Search Post by Date
May 2024
MTWTFSS
12345
6789101112
13141516171819
20212223242526
2728293031