ICAI to introduce rules for aggregation of Domestic CA Firms with Global Entities in 3 Months, says President Ranjeet
In an effort to bolster the competitiveness of Indian Chartered Accountant (CA) firms on a global scale, the Institute of Chartered Accountants of India ( ICAI ) is poised to unveil new guidelines within the
NFRA imposes Rs 50 Lakh Fine and 2 year Ban on Audit Firm [Read Order]
National Financial Reporting Authority ( NFRA ) in a matter under Section 132(4) of the Companies Act 2013 read with Rule 11(6) of National Financial Reporting Authority 2018 imposed Rs 50 lakh fine and 2 year
MCA appoints Justice Suresh Kumar Gupta as Chairperson to Appellate Authority for CAs, CSs, and Cost Accountants [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has notified the appointment of Chairperson and Members to Appellate Authority for CAs, CSs, and Cost Accountants. Justice Suresh Kumar Gupta, Judge (Retd) of Allahabad High Court have
ICAI announces Cut-Off Dates for Enrolment in Foundation/Intermediate Course September 2024/ January 2025 Examinations, ends Today
The Institute of Chartered Accountants of India ( ICAI ) has announced the Cut-off Dates for Enrollment in Foundation/Intermediate Course for September 2024/January 2025 Examinations. Starting from May/June 2024, the Intermediate and Foundation course examinations
ICAI Proposes Income Tax Deductions for Girl Child Education, Green Projects and Skill Development Projects
The Institute of Chartered Accountants of India ( ICAI ) has presented its Pre-Budget Memorandum 2024 to the Central Board of Direct Taxes ( CBDT ), proposing a series of tax reforms aimed at promoting
ICAI Central Council Member Dhiraj Khandelwal tweets on ‘X’ about 1 Cr NFRA Penalty on Firm
A Central Council Member ( CCM ) of the Institute of Chartered Accountants of India ( ICAI ), Dhiraj Khandelwal has recently addressed concerns regarding the NFRA order imposing a significant penalty on Audit Firm
SC refuses to Intervene Plea Postponing CA Exams 2024 amidst Lok Sabha Election
The Supreme Court refused to intervene plea for postponing the Chartered Accountant Exams ( CA exam ) 2024 conducted by the Institute of Chartered Accountants of India ( ICAI ) during the Lok Sabha Election.
NFRA has Authority to Take Disciplinary Action Against Auditors: SC upholds NCLAT Order
The Supreme Court upheld the ruling by the National Company Law Appellate Tribunal ( NCLAT ) which upheld the disciplinary action by the National Financial Reporting Authority ( NFRA ) against auditors and audit firms
ICAI notifies CA Foundation & Intermediate Examination for Sept 2024, Know Last Date to Apply
The Institute of Chartered Accountants of India ( ICAI ) has decided that from May/June 2024 onwards, Intermediate & Foundation course Examinations will be held thrice a year in May/June, September and January from the
431st ICAI Council Meeting: Key HIghlights
The Institute of Chartered Accountants of India ( ICAI ) has taken significant strides towards excellence, as revealed in the decisions made during its 431st Council Meeting held on April 25th and 26th, 2024. Policy
Audit Irregularities: NFRA slaps ₹1 Cr Penalty on Firm of ICAI CCM Member, partners get Debarred in RHFL Case
Following the establishment of professional misconduct and considering the severity of violations alongside the principles of proportionality, the National Financial Reporting Authority ( NFRA ) has imposed a penalty of Rupees One crore on the
Bombay HC directs Disciplinary Action against AO as no Order passed on Rectification Application under Income Tax Act for Six Years [Read Order]
The Bombay High Court directed disciplinary action against the Assessing Officer ( AO ) as no order was passed on the rectification application under the Income Tax Act, 1961 for six years. The Petitioner has
May 2024 CA Inter/Final Exams: ICAI releases Specimens of Answer Books and Attendance Register
In preparation for the upcoming May 2024 Chartered Accountant ( CA ) Intermediate and Final examinations, the Institute of Chartered Accountants of India ( ICAI ) has released the specimen copies of answer books and
ICAI releases CA Intermediate and Final Exam Admit Card for May 2024: Download your Admit Card
The Institute of Chartered Accountants of India (ICAI) has released the Admit Card/Hall Tickets for the CA Intermediate and Final for May Examination, 2024. The students were in a dilemma whether the institute will change
ICAI BoS postpones CA Foundation/Intermediate/Final (New Scheme) Live Virtual Classes-Batch 2 for Sep/Nov 2024 Exams
The Institute of Chartered Accountants of India ( ICAI ) has announced the postponement of the second batch of Live Virtual Classes ( LVC ) for CA Foundation, Intermediate and Final September/November 2024 examinations. The