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 The appeal was withdrawn wi...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...
ICAI extends the last date for payment of Membership/COP fee for 2024-25 to December 31, 2024, due to technical issues with the KYM form submission.
CA Gaurav Kumar Bedi found guilty of professional misconduct by ICAI’s Disciplinary Committee, resulting in a one-year membership suspension and a Rs. 1,00,000 fine for audit failures.
ICAI Disciplinary Committee has removed CA. Gaurav Kumar Bedi from its register for one year and imposed a ₹1,00,000 fine for professional misconduct in his audit of a company.
ICAI’s 75th Annual Report highlights its journey of excellence, global impact, and contribution to India’s growth. Key initiatives for 2023-24 include GST training, MoUs, and more.
ICAI fines CA Amber Garg ₹5,000 for accepting audit without NOC from previous auditor; warns of 30-day suspension for non-payment within 90 days.
ICAI Disciplinary Committee reprimands CA. Sunil Johri for professional misconduct involving non-compliance with accounting standards and disclosure failures.
ICAI suspends CA T.M. Jeyachandran for 30 days due to misconduct related to forged documents and involvement in a disproportionate assets case.
ICAI announces region-wise nominations received for the 26th Council and 25th Regional Councils’ elections, to be held in December 2024.
ICAI fines CA Vijaya Mohan Valiathan Rs. 10,000 for failing to obtain a No Objection Certificate from previous auditor before accepting an engagement.
The Board of Discipline found CA K M Ramakrishnan guilty of misconduct, leading to a 15-day suspension for backdating his resignation letter.
