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 The appeal was withdrawn wi...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...
CA Anand K. found guilty of professional misconduct for not notifying the previous auditor before accepting a new audit assignment. Fine of Rs. 25,000 imposed.
CA Ranjit Kumar Yadav has been suspended for three months by ICAI for misconduct related to GST payments, including misappropriation of client funds.
ICAI has rescheduled CA Final Exams November 2024 due to Diwali. Group-I will start on 3rd November, and Group-II on 9th November. No changes for INTT-AT & IRM exams.
ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and professional integrity.
ICAI members can pay their membership/COP fees immediately after submitting the KYM form without waiting for approval. Contact the KYM team for assistance.
Reminder to ICAI members to pay their membership fees for FY 2024-25 by 30th September 2024 and submit or update the Know Your Member (KYM) form.
ICAI notifies the scrutiny panel for the December 2024 Council and Regional Council elections, led by CA Dr. Jai Kumar Batra as the Returning Officer.
ICAI reopens online application for CA Final & PQC exams from Sep 11-12, 2024, with a late fee. Apply now to meet the new timeline requirements.
ICAI forms panel for enforcing the election code of conduct for 2024 Council and Regional Council elections, led by CA. (Dr.) Jai Kumar Batra as Returning Officer.
ICAI emphasizes sustainable finance and robust reporting standards to drive global climate action, highlighting the accounting profession’s pivotal role.
