Category: ICAI
ICAI issues guidelines for conducting of distance/ remote/ online Peer Review According to the announcement made in this regard, the ICAI has decided in favour of distance/remote/online Peer Review due to two years of covid-19 pandemic and the changed audit methodologies adopted for conducting audits. ICAI has stated …
ICAI Handbook on Pre-packaged Insolvency Resolution Process under the Insolvency and Bankruptcy Code, 2016 Micro, small, and medium enterprises (MSMEs) contribute significantly to gross domestic product and provide employment to a sizeable population. In view of the COVID-19 pandemic to provide an efficient alternative insolvency resolution process under …
ICAI FAQ on Insolvency and Bankruptcy Code 2016.Revised January 2022 Edition ICAI FAQ on Insolvency and Bankruptcy Code 2016 The Corporate Laws & Corporate Governance Committee of the Institute of Chartered Accountants of India (ICAI) in 2017 brought out a comprehensive and a handy book titled as Frequently …
ICAI bans four chartered accountants for professional misconduct ICAI has banned four chartered accountants for committing professional misconduct. The summary of the decisions taken by the the Disciplinary Committee in terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and …
FRN compulsory field for UDIN Generation from 12.00 am of 1st February 2022 except for member not carrying assignment on behalf of any firm FRN compulsory field for UDIN Generation from 12.00 am of 1st February 2022. ICAI in its advisory dated 31.01.2022 stated that Firm Registration Number …
CBDT extends last Date of updation of UDINs at e-filing Porta to 30th April, 2022 According to ICAI latest advisory dated 31.01.2022, CBDT has extended the last date for updating UDINs for all the IT forms at the e-filing portal to 30th April, 2022. Earlier CBDT had frequently …
High Court directs ICAI to frame a policy for disclosure by CAs at qualifying stage/annually of criminal cases or convictions. ABCAUS Case Law Citation ABCAUS 3569 (2022) (01) HC High Court has directed ICAI to frame a policy and a mechanism for disclosure by chartered accountants at the …
ICAI revised Guidance Note on Schedule III of Companies Act 2013 – January 2022 Edition ICAI issues revised Guidance Note on Schedule III of Companies Act 2013 – January 2022 Edition. The Ministry of Corporate Affairs (MCA) has revised the Schedule III to the Companies Act, 2013 vide …
ICAI notifies Dates of CA Exams May 2022 The Institute of Chartered Accountants of India has announced the next Chartered Accountants Foundation, Intermediate and Final Examinations to be held in May 2022. The examination in Post Qualification Course viz.: International Taxation –Assessment Test (INTT –AT) will …
ICAI bans eight CAs due to professional misconduct ICAI has banned/Removed names of six chartered accountants from the Register of Members for their professional misconduct. These Chartered Accountants were held by Disciplinary Committee of ICAI guilty of Professional Misconduct and were removed from the Register of Members for …
