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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 on SEBI Report on Review of Ownership and Governance of Market Infrastructure Institutions

January 19, 2011 315 Views 0 comment Print

As you are aware, the Securities and Exchange Board of India (SEBI) constituted a Committee to examine issues arising from the ownership and governance of Market Infrastructure Institutions (MIIs) under the Chairmanship of Dr. Bimal Jalan (Former Gov

ICAI Convocation for the newly enrolled Members for the period from March, 2010 to August, 2010

January 19, 2011 679 Views 0 comment Print

Convocation (II)-2010 – (17-01-2011) The Convocation for the newly enrolled Members for the period from March, 2010 to August, 2010 will be held as per schedule given below with a view to inculcate a sense of belongingness and attachment with the I

ICAI issues Exposure Draft on Framework for Preparation and Presentation of Financial Statements (Revised 20XX)

January 18, 2011 841 Views 0 comment Print

Following is the Exposure Draft of the Framework for the Preparation and Presentation of Financial Statements (Revised 20XX), issued by the Accounting Standards Board of the Institute of Chartered Accountants of India, for comments. The Board invites

ICAI will probe only conducts of its member in R-Infra and RNRL Case

January 16, 2011 270 Views 0 comment Print

The Securities and Exchange Board of India (SEBI) has passed a consent order regarding the Reliance Infrastructure and RNRL investigation that showed misrepresentation of investments. In an exclusive interview with CNBC-TV18, Amarjit Chopra, Presiden

ICWAI – President’s Message – January 2011

January 15, 2011 667 Views 0 comment Print

India is becoming a hot destination for the investment among the top countries in the world. This is evidenced by the recent visits of Heads of States of all the important economic powers in the international arena. Starting with UK, followed by USA,

Examination dates for CA final, PCC, IPCC, IRM announced

January 15, 2011 448 Views 0 comment Print

Similarly Post Qualification Course Insurance and Risk Management (IRM) examination will also be held on the dates given below at the following centres (centre’s in India only) in terms of provisions as contained in Schedule ‘G’ of the Chartered Accountant s Regulations, 1988, provided that sufficient number of candidates offers themselves to appear from each centre.

Result of the Assessment Test held on Sunday 28th November, 2010 for the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI in Hyderabad, New Delhi, Mumbai, Chennai, Kolkata-(14-01-2011)

January 15, 2011 249 Views 0 comment Print

Result of the Assessment Test held on Sunday 28th November, 2010 for the Certificate Course on International Taxation organised by the Committee on International Taxation of ICAI in Hyderabad, New Delhi, Mumbai, Chennai, Kolkata-(14-01-2011). Assesment Test Result Hyderabad (Batch 4)

National Summit on Networking and Capacity Building of CA Firms at Mumbai

January 15, 2011 562 Views 0 comment Print

If yes, then Networking could be the solution, I take pleasure to invite you to National Summit on Networking and Capacity Building of CA Firms at Mumbai on 22nd January, 2011 organized by Committee for Capacity Building of CA Firms and Small & Mediu

ICAI – Suggestions on Direct Tax code Bill 2010

January 14, 2011 417 Views 0 comment Print

The Income-tax Act, 1961 [I.T. Act], with large number of amendments made in nearly last fifty years, has become very complex leading to litigation and uncertainties. Considering the sea change in the nation’s economic policy and environment, the cou

ICAI press release on International Conference 2010-11

January 13, 2011 387 Views 0 comment Print

Our sincere thanks to Shri Pranab Mukherjee, Hon’ble Finance Minister of India for Inaugurating the International Conference, Guests of Honour, Shri Salman Khurshid, Hon’ble Union Minister of State (I/C) for Corporate Affairs, CA. K. Rahman Khan, Hon

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