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 The appeal was withdrawn wi...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...
Explore the Standard on Auditing (SA) focusing on auditor responsibilities and quality control procedures for financial statement audits. Learn about leadership, ethics, and engagement performance
Explore the Exposure Draft of Auditing Standards for Limited Liability Partnerships (LLPs) issued by AASB – ICAI. Share your insights by submitting comments before January 6, 2024
Get the latest update from ICAI: Advanced ICITSS-Adv. IT Test in Computer-Based Mode. Check eligibility, test dates, centers, and online application details for 2023-24.
ICAI announces a one-time window for MEF 2023-24 applications from 20th to 22nd November. Don’t miss out, members!
Stay informed about the Office of C&AG’s new audit criteria for Chartered Accountant firms/LLP in 2024-2025. Learn about location-based considerations and partner stationing
Stay updated on Indian Accounting Standards (Ind AS) amendments. Accounting Standards Board seeks your input on Lack of Exchangeability in Ind AS 21
Explore how the Institute of Chartered Accountants of India (ICAI) contributes to India’s economic progress and development through its various initiatives and collaborations.
Explore the Exposure Draft on Accounting Standards for Limited Liability Partnerships issued by the Accounting Standards Board of ICAI. Learn about the proposed changes
Learn about the archiving of UDINs by the Institute of Chartered Accountants of India. Discover the phased approach to ease server load and access archived UDINs
Important update from ICAI: Chartered Accountants Examinations November 2023 postponed in Chhattisgarh and Madhya Pradesh due to elections. Check rescheduled dates and details here.