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 The appeal was withdrawn wi...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 Disciplinary Committee reprimands CA Rahul Singh for professional misconduct, including accepting an audit without proper NOC and violating Companies Act provisions.
ICAI reprimands CA Narinder Singh and imposes ₹25,000 fine for professional misconduct in ITR verification for bank clients, citing lack of due diligence.
ICAI suspends CA Pawan Gupta for one month for failing to maintain audit records, violating SA 230 and professional standards in a statutory audit.
The ICAI Disciplinary Committee has removed CA N Narasimhan from membership for six months, citing professional misconduct as statutory auditor of Reebok India Company.
ICAI’s Disciplinary Committee reprimands CA Jayshankar Mishra for certifying inaccurate Form STK-2 and violating Companies Act provisions.
ICAI Disciplinary Committee reprimands CA Anand Prakash Gupta for professional misconduct, including failing to report irregularities and circumventing auditor rotation rules.
ICAI Disciplinary Committee reprimands CA Ashok Bhartia for professional misconduct due to recurring discrepancies in authorized share capital reporting.
ICAI Disciplinary Committee suspends CA Dhirendra Datta for one month over professional misconduct, including due diligence failures and financial misstatements.
ICAI Disciplinary Committee suspended CA Narinder Kumar for one year due to professional misconduct involving audits of paper entities.
ICAI Disciplinary Committee reprimands CA. Pankaj Dixit for professional misconduct, including invalid audit appointment, signing unapproved financials, and submitting fabricated documents.
