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 The appeal was withdrawn wi...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...
Justice Talwant Singh appointed as Chairperson of the Appellate Authority for professional institutes under the Chartered Accountants, Cost and Works Accountants, and Company Secretaries Acts.
ICAI announces the extended deadline to 10th September 2023 for online empanelment of members as observers for the Nov/Dec 2023 CA Examinations.
CMA Santosh Pant elected Chairman of Northern India Regional Council of ICMAI for 2024-25. Key members include CMA Satya Narayan Mittal as Vice Chairman.
ICAI President’s August 2024 message highlights India’s economic growth, recent exam results, and the Union Budget’s role in achieving Viksit Bharat by 2030.
ICAI schedules Advanced ICITSS – Adv. IT Test in CBT mode for August and September 2024. Check eligibility, test dates, application details, and exam centers.
ICAI’s Disciplinary Committee ordered a one-month removal of CA. G. Selvaraj from membership due to professional misconduct related to auditing failures at M/s VJL Dairies LLP.
The ICAI Disciplinary Committee reprimanded CA. Jagannath Holenarasipur Ramappa for professional misconduct related to audit communication and pending fees.
ICAI reprimands CA Pawan Goel for not filing mandatory ADT-3 form post-resignation from Taproot Farms Pvt Ltd, citing procedural lapse.
An ICAI disciplinary committee removed a CA from the register for 90 days and fined him Rs. 20,000 for gross negligence and false declarations in incorporating 15 companies and LLPs with fabricated documents and dubious details.
ICAI Disciplinary Committee orders removal from register and fine for CA Rahul Chillal due to negligence in verifying company incorporation documents and registered offices.
