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 The appeal was withdrawn wi...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 reschedules CA Foundation exam on 14th January 2025 to 16th January 2025 due to festivals. Intermediate exam dates remain unchanged.
ICAI reprimands CA Pawan Jain for professional misconduct in audit reports for FY 2016–17 and 2017–18, imposes ₹50,000 fine.
ICAI reprimands CA Dinesh Patidar for audit lapses in FY 2012–14; fined ₹50,000 for professional and other misconduct under the Chartered Accountants Act.
The ICAI Disciplinary Committee found CA. Shrikant Yadav not guilty of misconduct, ruling that he exercised due diligence in certifying a company form.
This summary details the disciplinary case against CA Mala Todarwal concerning the certification of Form AOC-4 for M/s. Chang Chun Chemical India Pvt. Ltd. The committee’s findings are based on a procedural error involving unsigned financial statements.
A CA was found not guilty of professional misconduct by a disciplinary committee. The case involved the non-attachment of Form AOC-1 to e-Form AOC-4, a requirement for companies with foreign subsidiaries. The CA was cleared after it was determined the client only had an Indian subsidiary.
ICAI signs MoU with CBSE to promote commerce-based skill courses in the BFSI sector, enhancing student employability through specialized education.
ICAI ARF invites applications from Chartered Accountants for a government finance project in Tamil Nadu. Apply by November 30, 2024.
ICAI’s Disciplinary Committee found CA. Sanjay Mehra guilty of professional misconduct for failing to disclose related-party transactions, leading to a reprimand.
Check the list of candidates for the ICAI Council and Regional Council elections to be held in December 2024, available for general member information.
