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Full-time Employment as CFO while holding Certificate of Practice is Professional Misconduct: ICAI reprimands Chartered Accountant
The Institute of Chartered Accountants of India (ICAI) has rebuked Chartered Accountant Abhay Batra for taking up a full-time position as Chief...
Special Auditor rightly follows SA-505 Prescribed by ICAI and such Report cannot be merely rejected by AO if it is Contrary to Appraisal Report Submitted by Investigation Wing: ITAT [Read Order]
The Chennai bench of Income Tax Appellate Tribunal (ITAT) observed that the special auditor highly followed the procedures prescribed by the Institute of Chartered Accountants of India while auditing...
![Special Auditor rightly follows SA-505 Prescribed by ICAI and such Report cannot be merely rejected by AO if it is Contrary to Appraisal Report Submitted by Investigation Wing: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Special-Auditor-ITAT-Special-Auditor-rightly-follows-SA-505-ICAI-Appraisal-Report-Investigation-Wing-taxscan.jpg "Special Auditor rightly follows SA-505 Prescribed by ICAI and such Report cannot be merely rejected by AO if it is Contrary to Appraisal Report Submitted by Investigation Wing: ITAT [Read Order]")
ICAI releases Exposure Draft Guidance Note on Tax Audit u/s 44AB of Income Tax Act for A.Y. 2023-24: Invites Comments till 6th Aug 2023
The Institute of Chartered Accountants of India (ICAI) has released the draft guidance note on tax audit under Section 44AB of Income Tax Act, 1961 for the Assessment Year 2023-24 on 22nd July 2023....
ICAI releases Requirements for Applying for CA Foundation, Intermediate and Final Exams to be Held in November and December 2023
The Institute of Chartered Accountants of India (ICAI) has released the requirements for applying to the Chartered Accountancy (CA) Foundation, Intermediate and Final examinations to be held in...
ICAI releases Ready Reference of Different Industries For easy Audit; the Analysis of Modified Opinions
The Institute of Chartered Accountants of India (ICAI) has released the analysis of modified opinion, the ready reference of different industries having similar issues in the audit. According to...
