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 The appeal was withdrawn wi...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 ...
A Disciplinary Committee has cleared CA Brij Shushan Sharma of professional misconduct charges, finding no evidence of connivance in a shell company case.
A disciplinary committee found a chartered accountant not guilty of professional misconduct. The case involved a declaration on e-Form INC-22 for a company’s registered office, which was certified as personally visited. The committee found that while the CA didn’t visit personally, a delegated associate did, and sufficient evidence supported that due diligence was exercised.
ICAI Disciplinary Committee clears CA Pallav Narang in INC-22 case, finding no professional misconduct in certifying company registered addresses.
A Disciplinary Committee has found CA. Pallav Pradyumn Narang not guilty of professional misconduct, citing a lack of malicious intent behind technical omissions in financial statements.
A Disciplinary Committee has exonerated CA Rakesh Kumar of professional misconduct charges related to certifying company incorporation forms with incorrect director details.
ICAI introduces CA GPT platform, featuring 5,000 annual reports of listed companies for easy access and analysis by Chartered Accountants.
ICAI’s Disciplinary Committee has reprimanded CA Puneet Jain for professional misconduct related to a company document, citing digital signature responsibility.
The ICAI Disciplinary Committee has found CA Subhash Chandra Sharma guilty of professional misconduct and ordered a one-month removal from the register.
A Disciplinary Committee has found a chartered accountant not guilty of misconduct, concluding that documents he certified were not used in a fraudulent PNB loan application.
NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the Central Government.
