CA Umang V Agrawal nominated as Member of ICAI Research Committee
CA Umang V Agrawal has been appointed as a member of Research Committee of The Institute of Chartered Accountants of India (ICAI). CA Umang V Agrawal is the immediate Past Chairman of Nagpur Branch of
ICAI-CAPA jointly held Roundtable Stakeholder’s meeting on Public Sector Financial Management
The Institute of Chartered Accountants of India ( ICAI ) in collaboration with the Confederation of Asian and Pacific Accountants (CAPA) organized a joint “Roundtable Stakeholder’s meeting on Public Sector Financial Management” in New Delhi
ICAI gets New President and Vice-President
CA Naveen ND Gupta and CA. Prafulla Premsukh Chhajed are the new president and Vice-President of Institute of Chartered Accountants of India (ICAI). CA Naveen ND Gupta is widely commended for his role in making
ICAI issues FAQs on Banning of Unregulated Deposit Schemes Ordinance [Read FAQs]
A set of Frequently Asked Questions (FAQs) has been issued by the Institute of Chartered Accountants of India (ICAI). The ‘Banning of Unregulated Deposit Schemes Ordinance, 2019’ is the government’s endeavour to bridge the regulatory
Universities receiving direct Grants/Contributions from Governmental Sources only can Claim the benefit of Exemption u/s 10(23C)(iiiab) of the Income Tax Act: Supreme Court
A bench comprising of Justice Ranjan Gogoi and Justice Prafulla C. Pant of the Supreme Court on April 22nd held that the benefit of exemption u/s 10(23C)(iiiab) of the Income Tax Act, 1961 is available
Computers & Softwares are two distinct things and must be charged seperately under the Central Excise Act: Supreme Court [DOWNLOAD JUDGMENT]
The Division Bench of Supreme Court, on 30th March, held that the charging of Excise duty on Computers and softwares must be made separately since they are two distinct things and classified differently under the
ICAI publishes Guide to CA Certificates in GST
The Institute of Chartered Accountants of India (ICAI)  has published a guide to Chartered Accountants to help them furnish CA certificates as per various provisions of the Good and Service Tax (GST). The GST and
No Entry Tax for products ‘Mediker and ‘Revive’, rules Supreme Court [Read Judgment]
The division bench of Supreme Court today held that, the Entry cannot be imposed on the products ‘Mediker and ‘Revive’ under the Madhya Pradesh Entry Tax Act, 1976. The facts giving rise to the present
Tribunals are the Final Fact Finding Authorities- High Court cannot intervene in such matters; Supreme Court [DOWNLOAD JUDGMENT]
The Division Bench of the Supreme Court comprising of Justice Ranjan Gogoi and Justice Prafulla C. Pant in the case, M/s Ganapati & Co. Bangalore v. CIT Bangalore upheld the power of the Income Tax
Import of Rig for Mere Repair would not Constitute ‘Taxable Import’: SC [Read Judgment]
Provisions of the Customs Act must be complied with, says Supreme Court. The supreme Court of India today, in Commissioner of Customs v. M/S Aban Loyd Chiles  Offshore Ltd. & Ors, held that a rig
ICAI offers its Infrastructure to Income Tax Appellate Tribunal
The Institute of Chartered Accountants of India (ICAI) recently got into an arrangement with Income Tax Appellate Tribunal (ITAT) at New Delhi whereby ICAI has extended the facility of using ICAI infrastructure for conducting hearings of
CA Prafulla P. Chhajed completes his term as ICAI President
The President of the Institute of Chartered Accountant of India (ICAI), CA Prafulla P. Chhajed has completed as the term of the post of president of ICAI. In February, 2020, CA Prafulla P. Chhajed while
CA Prafulla Chajjed to be New ICAI Chief from February as CA Naveen ND Gupta’s Tenure Expires
As the term of the current President of the Institute of Chartered Accountants of India ( ICAI ) will expire on February, the current Vice-President CA. Prafulla Chajjed will take over the reign of the
ICAI elects New President and Vice-President
The Institute of Chartered Accountants of India ( ICAI ) has elected new Torchbearers for the year 2019-20. The tenure of the current President CA Naveen N D Gupta expired this February. Prafulla P. Chhajed,
ICAI Campus Placement: 1994 CA Fresher Jobs offered so far
A total of 1994 jobs were offered in smaller and bigger centres in campus placement programme in September-October, 2019, out of which 1935 jobs have been accepted as of now, the ICAI President CA. Prafulla