The issue involves publication of the draft panel for statutory auditor appointments. ICAI has released the list based on existing guidelines, allowing applicants to review and raise queries before finalization.
Explains the requirement for daily backups of electronic accounting records on India-based servers from 2026. Highlights compliance duties for businesses using cloud accounting systems and penalties for violations.
Candidates can raise concerns regarding exam papers through email or post. The Institute will consider only properly submitted responses with required details.
The case addresses the continued failure to release ITR utilities on time despite earlier court directions. The Court adjourned the matter after CBDT failed to file a required affidavit, highlighting ongoing compliance gaps.
The case examined if income details could be disclosed under RTI during a matrimonial dispute. The Court ruled that such disclosure violates privacy and is not justified without public interest.
Claims of high success rates in competitive exams were not supported by complete data or documentation. The decision emphasizes that unverifiable claims in advertisements amount to misleading representation and unfair trade practice.
Explains when professionals must undergo tax audit based on Sections 44ADA, 44AD, and 44AB. Key takeaway: audit depends on profession type, turnover, and declared profit thresholds.
ICAI released complete schedule for Foundation, Intermediate, and Final exams along with application deadlines and fees. The announcement outlines exam dates, centres, and key instructions for candidates.
The authority examined whether automatic service charges violate consumer rights. It ruled that default billing of such charges is coercive and constitutes an unfair trade practice. The case reinforces that service charges must remain voluntary.
The initiative addresses delays in disaster communication across regions. The system enables instant, geo-targeted alerts using mobile networks. The key takeaway is improved public safety through faster emergency notifications.
