KSCAA urges CBDT to ensure April 1st as Standard Timeline for Release of ITR Forms and Utilities
Karnataka State of Chartered Accountants Association ( KSCAA ) has presented its representation to the Central Board of Direct Taxes ( CBDT )...
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...
Failure to Communicate Acceptance of Audit to Predecessor CA amount to Professional Misconduct: ICAI Imposes Penalty
The Institute of Chartered Accountants of India ( ICAI ) imposed penalties on Chartered Accountants ( CA ) for failure to communicate acceptance of audit to predecessor CA amounts to professional...
Professional Misconduct in Statutory Audit of Seya Industries Limited: NFRA Slaps Rs. 20 Lakh Penalty, debars CA and Firm for 10 Years
The National Financial Reporting Authority imposed a penalty of 20 Lakh Rupees on Chartered Accountant and debarred the CA firm for professional misconduct of Engaging Partner (EP) in statutory audit...
Peer Review Certificate Mandatory for Statutory Audit of Unlisted Public Companies and Attestation Services: ICAI
The Institute of Chartered Accountants of India (ICAI) has informed that the phase II of the mandate is becoming applicable from April 1, 2023 and the same shall be required to do statutory audit of...
