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 : ICAIs Board of Studies has announced free Live Virtual Classes for CA Final students appearing in May and November 2027 examinatio...
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 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 The appeal was withdrawn wi...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...
The ICAI Disciplinary Committee has reprimanded CA Sudhir Kumar Goel for professional misconduct specifically for failing to classify loans and disclose related-party transactions in financial statements.
Disciplinary Committee clears CA. Tarun Kumar of professional misconduct regarding M/s. Scrolt Enterprise Private Limited’s registered office and INC-20A certification.
Disciplinary Committee clears CA. Ravinder Kumar in audit misconduct case regarding loan disclosure from a struck-off company, citing timely compliance and situational factors.
The ICAI Disciplinary Committee reprimands CA Nishant Gupta for signing financial statements not approved by the company’s directors, violating Section 134 of the Companies Act.
A Disciplinary Committee reprimanded CA. Sanjay Kochhar for professional misconduct after he certified a form without evidence and failed to respond to official inquiries.
The ICAI Disciplinary Committee has reprimanded a CA for professional misconduct, finding he failed to exercise due diligence when certifying company forms.
A Disciplinary Committee has cleared CA Aman Vikhona of professional misconduct regarding the incorporation of M/s KSKY Pvt. Ltd., citing COVID-19 restrictions and prior verification.
ICAI Disciplinary Committee clears CA Sandesh Jain of professional misconduct charges related to company incorporation documents and address certification.
The Disciplinary Committee of the ICAI has cleared CA Anmol Rana of all professional misconduct charges regarding his audit of M/s. Vesahe Film Solutions.
A Disciplinary Committee has closed a case against a Chartered Accountant, finding him not guilty of professional misconduct related to the delayed submission of an audit report.