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 : ICAI has announced Live Virtual Revisionary Classes for CA Intermediate students appearing in the September 2026 examinations. The...
CA, CS, CMA : ICAI's Board of Studies has invited Expressions of Interest from qualified professionals and academicians for empanelment as facul...
CA, CS, CMA : ICAI has notified the Information Systems Audit (ISA) Assessment Test for 25 July 2026 in CBT mode. The announcement specifies eli...
CA, CS, CMA : ICAI has clarified that members coaching students or having relatives appearing in the examinations are not eligible for Observer ...
CA, CS, CMA : The Sales Tax Bar Association requested reconsideration of Bar Council of India rules prohibiting advocates from entering partners...
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 The appeal was withdrawn wi...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 notifies removal of 12 chartered accountants from membership rolls, with suspension periods, fines, and reprimands in select ...
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 NIraj Mahajan The day before the result. Unexpectedly I was calm, was with friends..had fund with them and saw a nice move in cinema hall.. came night, and the butterflies started waking up.. telling me how can you possibly sleep? Still, somehow passing time on whatsapp and FB, somehow convinced my eyes to droop.. […]
It is brought to the notice of those students’ who have completed Orientation Programme and 100 hours Information Technology Training (ITT) and joined for the practical training under Regulation 46/69 of the Chartered Accountants Regulations, 1988 under Direct Entry Scheme are advised to complete the registration of article/ audit assistants in the approved From 103/ 113
Our beloved Institute of Chartered Accountants of India(ICAI) is the world’s 2nd biggest accounting body and the one with constitutional powers of framing & governing accounting practices in India. Ministry of Corporate Affairs with its new proposal of NFRA has plans to take away the two big powers of ICAI i.e,
CA. Subodh Kumar Agrawal, President, ICAI 2013-2014 A combination of erudition, foresight and professional excellence, CA. Subodh Kumar Agrawal has become the supreme torch-bearer of Indian accountancy profession as the President of Institute of Chartered Accountants of India (ICAI) for the year 2013-14. A fellow member of the ICAI with 24 years of standing, he […]
Chartered Accountants Professional Competence Course (PCC) Examination held in Nov, 2012 The details of percentage of candidates passed in the above said examinations are given below: Appeared Passed Percentage Both Group 5870 320 5.45% Group 1 8766 1943 22.17% Group 2 12650 1870 14.78%
To CBDT on difficulties being faced by taxpayers with regard to requirement of audited balance sheet as on valuation date for the purposes of Section 56(2)(vii)/(viia) read with Rule 11UA(1) of Income tax Rules, 1962.
Results of the Chartered Accountants Professional Competence and Integrated Professional Competence Examinations held in November, 2012 are likely to be declared on Tuesday, the 5th February, 2013 around 5.00 P.M.
The vision to achieve his childhood goal helped 23-year-old J. Rajashekar Reddy qualify the final hurdle of becoming a chartered accountant. He is the first completely blind candidate in India to manage the feat. “My success is not mine alone but of all those volunteers, teachers, friends and mentors who supported me throughout,” said the […]
Surmounting all odds, Prema Jayakumar, daughter of a Mumbai-based autorickshaw driver, has topped the all India Chartered Accountancy (CA) examination. Residing in a crammed one-room chawl in suburban Malad with her parents and brother, the 24-year-old told on Tuesday she was ecstatic to have secured the first rank in the examination conducted in November 2012 […]
The Institute of Chartered Accountants of India (ICAI) announced the results of Common Proficiency Test (Paper Pencil Mode) held on December 16, 2012 on 21.01.2013. The top three rank holders of Common Proficiency Test (Paper-Pencil Mode) held on December 16, 2012 are from Guntur (Andhra Pradesh), Jaipur and Kakinada (Andhra Pradesh) and their details along […]
