Professional Scope of CA, CMA & CS: Debate Over CMA, CS Exclusion in New Income Tax Bill 2025
A major talking point of the Income Tax Bill, 2025, has been the definition of an "Accountant" under Section 2(1) and Section 515(3)(b). The bill...
"Society places High Trust, Faith and Reliance on the Chartered Accountants": ICAI Board of Discipline reprimands CA for Allegedly Causing Loss to Exchequer
The Board of Discipline of the Institute of Chartered Accountants of India ( ICAI ) in a recent matter reprimanded a Chartered Accountant ( CA ) owing to his responsibility in alleged tax evasion,...
ICAI dismisses Forensic Audit Report Signature Forgery Allegations against CA for Lack of Corroborative Evidence [Read Order]
The Institute of Chartered Accountants ( ICAI ) recently dismissed allegations claiming forgery of signature on forensic audit reports leveled against a Chartered Accountant ( CA ), citing the lack...
Backdating and Falsification of Company Financial Statements: ICAI dismisses Misconduct Allegations against CA citing Lack of Incriminating Evidence
The Institute of Chartered Accountants ( ICAI ) recently dismissed a case of professional misconduct against a Chartered Accountant ( CA ) owing to the inability of complainant to adduce...
MCA appoints Retd. Judge Talwant Singh as Chairperson of ICAI, ICSI, ICMAI Appellate Authority [Read Notification]
The Ministry of Corporate Affairs ( MCA ) has appointed a new Chairperson of the Appellate Authority of the Professional Institutes. The professional institutes include ICAI, ICSI, ICMAI. The...
