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Latest Articles


Ethical issues in Auditing

CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...

July 13, 2024 795 Views 0 comment Print

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 2832 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 1128 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 11274 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 20127 Views 1 comment Print


Latest News


ICAI extends last date to empanel as observers for exam

CA, CS, CMA : ICAI announces the extended deadline to 10th September 2023 for online empanelment of members as observers for the Nov/Dec 2023 CA...

August 13, 2024 5307 Views 0 comment Print

CMA Santosh Pant Elected NIRC Chairman for 2024-25

CA, CS, CMA : CMA Santosh Pant elected Chairman of Northern India Regional Council of ICMAI for 2024-25. Key members include CMA Satya Narayan M...

August 5, 2024 258 Views 0 comment Print

ICAI President’s August 2024 Message: Exam Results & Economic Insights

CA, CS, CMA : ICAI President's August 2024 message highlights India's economic growth, recent exam results, and the Union Budget's role in achie...

August 2, 2024 288 Views 0 comment Print

ICAI Announces Advanced ICITSS CBT Exam Dates

CA, CS, CMA : ICAI schedules Advanced ICITSS - Adv. IT Test in CBT mode for August and September 2024. Check eligibility, test dates, applicatio...

August 1, 2024 1317 Views 0 comment Print

ICAI CA Foundation June 2024 Results Declared – 14.96% Pass Rate

CA, CS, CMA : ICAI has declared the CA Foundation June 2024 results. With 91,900 candidates and a 14.96% pass rate, find detailed results and an...

July 30, 2024 2337 Views 0 comment Print


Latest Judiciary


ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...

July 10, 2024 4320 Views 0 comment Print

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 438 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 465 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 786 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 993 Views 0 comment Print


Latest Notifications


Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 12, 2024 756 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 573 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 12, 2024 1110 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 12, 2024 480 Views 0 comment Print

Falsified financial statement Preparation: ICAI found Member guilty of misconduct

CA, CS, CMA : The ICAI's Board of Discipline reprimanded CA Devarajan K.E. for misconduct, following an investigation into professional and othe...

June 12, 2024 483 Views 0 comment Print


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

November 20, 2014 2535 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 664 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 2708 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 2288 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 2219 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 3852 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 1942 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 […]

ICAI hosts Admit Cards for November 2014 CA Exams

October 15, 2014 2378 Views 0 comment Print

14th October 2014 Admit cards in respect of candidates admitted to the Intermediate (IPC) and Final November 2014 examination, with their photographs and signatures on them, are hosted on www.icai.nic.in. Candidates may print their admit cards from the said website.

How to prepare for 'Financial Reporting' subject of CA Final?

October 8, 2014 9687 Views 0 comment Print

Hello Friends I am CA Manoj Kumar Bothra (all India Ranker in May 2014 Exam). I am here to discuss how to prepare financial reporting (CA Final). I think that you have gone through my article “How to crack CA Final in first attempt”, if not go to this…  Strategy to crack CA Final Exam […]

ICAI President's Message – October 2014

October 1, 2014 1553 Views 0 comment Print

Dear Professional Colleagues, “There is a higher court than (all) courts of justice and that is the court of conscience,” rightly said the father of our nation Mahatma Gandhi, for whom the professionalism was intertwined with ethics, call of conscience and service to the nation. This messiah of truth and non-violence also had a special […]

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