ICAI - Page 3

On-line facility for change of Centre/Group/Medium in CA exams

It is found that some candidates while filling the examination application form do not exercise reasonable care and commit errors and seek change of Centre/Group/Medium, on account of errors committed by them in their examination application forms, after submission....

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Posted Under: CA, CS, CMA |

Pre Budget Recommendations of Income Tax for Union Budget, 2020

As we all are aware that The Union Budget for 2020-21 will be presented in the Lok Sabha on 1st February, 2020) at 11.00 am by our Finance Minister Nirmala Sitharman. As per every year, this year also Institute of Chartered Accountants of India has submitted its Pre Budget Memorandum to the government. Today we […]...

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Section 234F Fee for delayed filing of return causing undue hardship

The Finance Bill, 2017 proposes to levy fees of Rs.5,000 in case where return is furnished after the due date but on or before 31St December of the relevant assessment year and Rs.10,000, in other cases. However, it is also proposed to restrict the fees to Rs.1,000, where the total income does not exceed five lakh rupees....

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Posted Under: CA, CS, CMA |

Relax Scrutiny provisions for Individual Tax Payers: ICAI

In order to encourage more people to file income tax returns, necessary provisions may be introduced, such as: Individuals having taxable income upto Rs. 10 lakhs may not be subjected to scrutiny for 3 Assessment Years unless there is specific information available with the Department regarding his high value transaction....

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Pass percentage & Toppers of CA Final November 2019

Result of Chartered Accountants Final (Old & New scheme) Examination Held in November – 2019 and declared on 16th January 2020. RESULT OF CHARTERED ACCOUNTANTS FINAL (NEW SCHEME) EXAMINATION HELD IN NOVEMBER – 2019 The result of the Chartered Accountants Final (New Scheme) Examination was declared recently. The details of ...

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Posted Under: CA, CS, CMA | ,

Exposure Draft of SIA 520, Auditing in an Information Technology Environment

Exposure Draft of Standard on Internal Audit (SIA) 520, Auditing in an Information Technology Environment (Comments to be received by February 05, 2020) EXPOSURE DRAFT STANDARD ON INTERNAL AUDIT (SIA) 520 AUDITING IN AN INFORMATION TECHNOLOGY ENVIRONMENT The Internal Audit Standards Board of the Institute of Chartered Accountants of India...

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Posted Under: CA, CS, CMA |

Exposure Draft of SIA 130, Risk Management

Exposure Draft of Standard on Internal Audit (SIA) 130, Risk Management (Comments to be received by February 05, 2020) EXPOSURE DRAFT STANDARD ON INTERNAL AUDIT (SIA) 130 RISK MANAGEMENT* The Internal Audit Standards Board of the Institute of Chartered Accountants of India (ICAI) invites comments on Standard on Internal Audit (SIA) 130, R...

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Posted Under: CA, CS, CMA |

Exposure Draft of SIA 530, Third Party Service Provider

Exposure Draft of Standard on Internal Audit (SIA) 530, Third Party Service Provider (Comments to be received by February 05, 2020) EXPOSURE DRAFT STANDARD ON INTERNAL AUDIT (SIA) 530 THIRD PARTY SERVICE PROVIDER The Internal Audit Standards Board of the Institute of Chartered Accountants of India (ICAI) invites comments on Standard on In...

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Posted Under: CA, CS, CMA |

Digital Competency Maturity Model For Professional Accounting Firms – Version 2.0 And Implementation Guide

Digital Competency Maturity Model For Professional Accounting Firms – Version 2.0 And Implementation Guide This is an era of exponential changes powered by innovative combinations of emerging technologies with unprecedented pace, scope and depth of impact. Governments and regulators across the globe are recognizing the potential of ...

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Posted Under: CA, CS, CMA |

Result of CA Intermediate & Foundation Exam on 03.02.2020

Results of the Chartered Accountants Intermediate (Old Course & New Course) Examination and Foundation Examination held in November, 2019 are likely to be declared on Monday, February 3rd, 2020 (evening)/Tuesday, February 4th, 2020. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set up by an Act of Parliament] January 13th, 2020 The...

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Posted Under: CA, CS, CMA |

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