![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]")
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...
![ICAI Members can Only Avail Right to Appeal in Disciplinary Matters: Gujarat HC Dismisses Petition Against Dropping of Misconduct Charges Against Auditor [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/ICAI-Members-Right-to-Appeal-in-Disciplinary-Matters-Gujarat-HC-Dismisses-Petition-Misconduct-Charges-Against-Auditor-Gujarat-High-Court-Petition-Against-Dropping-of-Misconduct-Charges-taxscan.jpg "ICAI Members can Only Avail Right to Appeal in Disciplinary Matters: Gujarat HC Dismisses Petition Against Dropping of Misconduct Charges Against Auditor [Read Order]")
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...
MCA directs ICAI, ICSI and ICMAI members to merge Multiple IDs in V-2 Portal with new user ID in V-3: Deactivate Old User ID in V-2 [Read Circular]
On July 12, 2023, the Ministry of Corporate Affairs (MCA) released a circular addressed to the presidents of the Institute of Chartered Accountants of India (ICAI), Institute of Cost Accountants of...
New Regulations to Tighten Disciplinary Actions: ICAI Invites Public Comments on Draft Amendments in Chartered Accountants Regulations
The Institute of Chartered Accountants of India (ICAI) has invited public comments on the draft of the amendments in Chartered Accountants Regulations, 1988. The ICAI has notified the draft and was...
Sanctions Loans on basis of Fake ITR and Partnership Deed: ICAI reprimands CA guilty of Professional Misconduct during Bank Audit
The Institute of Chartered Accountants (ICAI) Disciplinary Committee found that the Chartered Accountant (CA) V. Kandasamy was guilty of professional misconduct during the bank audit. The CA failed...
ICAI notifies Date of Online Assessment Test (AT) for Certificate Course Forex and Treasury Management (FXTM)
The Institute of Chartered Accountants of India (ICAI) notified the Online Assessment Test (AT) for the certificate course Forex and Treasury Management (FXTM) through Digital learning Hub Organised...
