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 The appeal was withdrawn wi...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 concludes its 26th Central and 25th Regional Council elections. The new term will start on February 12, 2025, with 32 Central and 64 Regional Council members.
A Disciplinary Committee has cleared CA. Sandeep Garg of professional misconduct, finding him not guilty of grossly negligent tax audit reporting for Cement Corporation of India.
ICAI Disciplinary Committee orders removal of CA Praveen Murarka from register for three months and a ₹50,000 fine for professional misconduct.
The Institute of Chartered Accountants of India (ICAI) Disciplinary Committee has reprimanded a CA and imposed a fine of Rs. 20,000 for professional misconduct including issuing an unmodified audit report for a company with negative net worth and failing to report on non-compliance with the Companies Act, 2013.
The ICAI Disciplinary Committee has ordered the removal of CA Praveen Murarka from the register for six months due to professional misconduct and negligence in certifying e-forms.
ICAI announces the results of the Chartered Accountants Final Examination November 2024, with 11,500 students qualifying. Top rank holders also named.
ICAI declares members elected to the 25th Regional Councils. Includes names, membership numbers, and locations for each region. View complete notification details.
Detailed clarifications on ICAI’s Peer Review Mandate, phases of implementation, applicability, and key definitions for audit practices in India.
ICAI declares elected members of its 26th Council from regional constituencies. Details include member names, membership numbers, and places.
ICAI aids Indian Railways in transitioning to accrual-based financial systems, ensuring transparency and integrating sustainability in financial reporting.
