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 The appeal was withdrawn wi...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...
Auditors may get powers to refuse signing a company’s accounts if these are not found to be in order. A special group constituted by the Institute of Chartered Accountants of India (ICAI), the statutory body regulating the profession in India, is veering round to the view that the institute should push for statutory backing to […]
Companies may soon have to get their financial statements vetted by more than one auditor. The Institute of Chartered Accountants of India (ICAI), the country’s accounting and auditing rule-maker, is considering a proposal to make it mandatory for companies to get their books audited by more than one auditor so that each of the audit […]
The Institute of Chartered Accountants of India (ICAI) is planning to set up a rating system for corporate governance for listed and unlisted entities. It is aiming to bring in internationally best practices and new code of conduct. The apex statutory body of CAs, established under the Chartered Accountants Act, 1949, is in the process […]
Dear Members, As You may be aware that ICAI ( Institute of Chartered Accountants of India) general election will be held in DEC 2009.You can vote only in the city of your professional address as per ICAI Database. Pls check your address by clicking the link given below:- http://220.227. 161.82/locm.asp Click on http://www.icai. org/addupdate to […]
The Institute of Chartered Accountants of India (ICAI), the body that regulates the profession of chartered accountancy in the country, plans to set up a board to randomly scan the audit reports of banks, financial institutions and state-owned enterprises to avoid Satyam-like episode. ICAI president Uttam Prakash Agarwal said the new board, to be called […]
The Government on Thursday appointed former ICAI President Ved Jain and noted tax lawyer O P Vaish on the board of Maytas Infra, a company promoted by the kin of Satyam Computer founder B Ramalinga Raju. Ved Jain has been appointed director on the board also of Maytas Properties, another company promoted by the Raju […]
ICAI – A brief report on the meeting with the officials of Central Bureau of Investigation held at CBI Headquarter, New Delhi Pursuant to initiatives taken by the Professional Development Committee of the Institute of Chartered Accountants of India, the Central Bureau of Investigation has shown keen interest in the diverse role performed by Chartered […]
In partial modification of our Announcements dtd. 6th February , 2009 and 12th February ,2009 , it is hereby notified for the information of general public that a new examination centre at Sri Ganganagar(Rajasthan) stands included in the List of Examination Centres in India for June-2009 examinations. The candidates desirous of appearing from Sri Ganganagar […]
This is to inform the members that Insurance Institute of India has decided to grant exemptions in the Licentiate, Associateship and Fellowship papers of its course curriculum to the members of our Institute in general and DIRM qualified members in particular. The exemption has been granted to the members of our Institute from the following […]
BOS/Announcement/227/2009 March 2, 2009 Announcement The following clarifications are brought to the notice of the students:
