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 The appeal was withdrawn wi...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 reprimands Jharkhand-based CA Anita Kumari for professional misconduct over TDS issues and wrongful retention of funds as per disciplinary order.
ICAI removes CA Mohandas Belle Shetty from membership for a year over certification of Form 15CB without due diligence, causing financial loss to a bank.
ICAI Disciplinary Committee imposes ₹25,000 fine on CA Mohammad Shahbaz Ansari for professional misconduct in accepting audit engagements.
The ICAI Disciplinary Committee has sanctioned CA Atish Omprakashji Kabra, removing him from the Register of Members for three months due to professional and other misconduct, including embezzlement.
ICAI’s Disciplinary Committee reprimands CA Haresh B. Shah and imposes a Rs. 2 lakh fine for professional misconduct in auditing financial statements.
Explore the detailed analysis of the disciplinary action against CA. Raghu Marwah by the Institute of Chartered Accountants of India (ICAI) for misconduct.
Discover the Supreme Court’s ruling on ICAI’s 60 tax audits limit per Chartered Accountant, its implications, and future impact on the accounting profession.
ICAI Board: Bansal’s objections addressed; sufficient evidence—call transcripts, forensic reports—establish his involvement in fake entries. Conduct deemed unbecoming of a CA, failing ethical standards.
Explore the case of CA Rajesh Kumar Chandak before the Board of Discipline, accused of professional misconduct in corporate governance. Detailed analysis provided.
ICAI penalises practicing CA for engaging in other business activities and for acting as Director in various body corporates without requisite permission of ICAI. Board emphasized that Chopra’s involvement in managerial functions required prior approval from the ICAI Council, which he failed to obtain.