Exposure Draft of Guidance Note on Tax Audit for AY 2023-24 issued
The law has entrusted onerous responsibility of conducting tax audit under section 44AB on chartered accountants in practice. For compiling…
Category: ICAI News
CA in Practice can be Director Simpliciter or Professional Director: ICAI
The Board of Discipline of the Institute of Chartered Accountants of India ( ICAI ) has recently held that a…
SC to hear plea challenging ICAI rule limiting number of Tax Audits by CAs per year
A Division Bench of the Supreme Court of India on September 22 continued hearing the challenge against a rule issued…
Technical Guide for Audit of Charitable Institutions issued by ICAI
Institute of Chartered Accountants of India (ICAI) has issued Technical Guide on Audit of Charitable Institutions under Section 12A of…
CA Firms need to undertake evaluation using Audit Quality Maturity Model
W.E.F. the 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake…
Piyush Goyal asks CAs all over the world to be ambassadors of Brand India
Union Minister for Commerce and Industry, Consumer Affairs, Food and Public Distribution and Textiles, Shri Piyush Goyal on September 06,…
Parliamentary Panel pitches for ending ICAI’s statutory monopoly
The Standing Committee on Finance’s report on the amendment Bill on three professions Chartered accountants, company secretaries and cost accountants…
CA Act amendment bill: ICAI Prez seeks status quo on disciplinary committee
As a Parliamentary panel examines proposed changes to a law governing CAs ICAI President Debashis Mitra on Tuesday pitched for maintaining the…
Use of Facebook for Advertising Professional Activities amount to Misconduct: ICAI
The Board of Discipline of Institute of Chartered Accountants of India (ICAI) in the matter of CA Pankaj Arora, has…
[Breaking] ICAI permits CA in Practice, CA Firms to register on GeM Portal
The ICAI vide Announcement dated 4th March 2022 has issued clarification with regard to chartered accountants in Practice/Firms of chartered accountants registering…
UDIN on Income Tax Forms can be updated till 30th April,2022
The Institute of Chartered Accountants of India (ICAI) has intimated on its portal that the Central Board of Direct Taxes…
ICAI raises concerns over CA Act amendment bill to Parliamentary panel
Chartered accountants’ apex body ICAI has submitted a memorandum to a Parliamentary panel, raising concerns about certain provisions in the proposed bill to…