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ICAI Takes Disciplinary Action Against 241 CAs in One Year, Sets New Record

The Institute of Chartered Accountants of India (ICAI) has taken disciplinary action against 241 Chartered Accountants (CAs) in the current financial year, marking a new record. This is a sharp...

ICAI disciplinary action - ICAI action against CA - Chartered Accountant misconduct cases - taxscan
Kavi Priya

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 exclusively recognizes Chartered Accountants (CAs)...

Professional Scope of CA, CMA & CS: Debate Over CMA, CS Exclusion in New Income Tax Bill 2025
Kavi Priya

ICAI Releases New Guidance Note on Audit of Banks

The Auditing and Assurance Standards Board (AASB) of the Institute of Chartered Accountants of India (ICAI) issues the revised edition of the “Guidance Note on Audit of Banks” every year under the...

ICAI - Guidance Note on Audit of Banks - ICAI bank audit guidelines - taxscan
Navasree A.M

ICAI to Establish Committee for Promoting Work-Life Balance Among CAs, says new President

The Institute of Chartered Accountants of India ( ICAI ) is to establish a committee for promoting work life balance among the Chartered Accountants ( CA ). This was announced by the newly elected...

ICAI - CA - Work-Life Balance - ICAI work-life balance initiative - taxscan
Navasree A.M

ICAI rectifies Formatting and Alignment Errors in Notification issued under Merger and Demerger of CA Firms Guidelines, 2024

The Institute of Chartered Accountants of India (ICAI) has issued a corrigendum to rectify formatting and alignment errors in its earlier notification concerning the ICAI (Merger and Demerger of CA...

ICAI - CA - CA Firms - Taxscan
Avinash Kurungot

CA Exams May 2025: ICAI Releases BOS Publication List

The Institute of Chartered Accountants of India (ICAI) has released the Board of Studies (BOS) publication list applicable for the May 2025 Chartered Accountancy (CA) examinations across Foundation,...

CA Exams May 2025 - ICAI BOS publication list 2025 - BOS publication list - taxscan
Kavi Priya

ICAI gets New President and Vice President for the year 2025-26

The 26th Council of the Institute of Chartered Accountants of India (ICAI) today elected its new President & Vice-President for the term 2025-26. CA. Charanjot Singh Nanda has been elected as...

ICAI - ICAI New President Vice President - Vice President - President - Taxscan
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