Category: ICAI
ICAI CASBF Scholarships for poor, needy and meritorious students to pursue the Chartered Accountancy course for one year with effect from 1st April, 2018 to 31st March, 2019 from The Chartered Accountants Student Benevolent Fund for The Year 2018-19 As per ICAI announcement in this regard, the Board of Trustees …
NFRA power to investigate CA misconduct effecive from 24.10.2018. MCA notifies the relevant provisions of sections 132 of the Companies Act, 2013 The Ministry of Corporate Affairs has notified 24th October, 2018 as the date on which the sub-sections (2), (4), (5), (10), (13), (14) and (15) of section …
Cabinet approves MoU between the Institute of Chartered Accountants of India and Certified Professional Accountants Afghanistan (CPA Afghanistan) The Union Cabinet chaired by the Prime Minister of India has approved the signing of a Memorandum of Understanding (MoU) between the Institute of Chartered Accountants of India (ICAI) and …
Appellate Authority quashes misconduct order against two chartered accountants who were held guilty on the basis of sting operation by Aaj Tak News Channel as “Jugadu Mechanic Part-3” on black money conversion. Serious concerns was expressed over the casual and careless manner in which these matters were decided by …
CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence when fake statement was only a printed paper with no signatures or seal ABCAUS Case Law Citation: ABCAUS 2572 (2018) (10) AA Important Case Laws Cited/relied upon by the Appellant: Council of Institute of …
ICAI Code of Ethics for chartered accountants applicable from 1 April 2019. Professional accountant required to comply with five fundamental principles This ICAI Code of Ethics is applicable from 1 April, 2019. However, Where guidance contained in this Code relates to engagements commencing prior to that date, previous guidance …
Internal Auditor cannot undertake GST Audit of the same entity simultaneously- ICAI. Bar on internal auditor regarding tax audit also apply to GST Audit The ICAI had received the following query from the members and other stakeholders as to: Whether an internal auditor of an entity can also undertake GST Audit of …
ICAI advises CAs to register with UDIN to stop fake chartered accountants attesting financial documents & issuing various certificates or forging signature As per latest announcement by ICAI, has acknowledged that various persons misrepresenting themselves as chartered accountants are attesting financial documents issuing various certificates misleading various Authorities …
ICAI Ready Reckoner on Regulatory Aspects of ICAI for Members & CA Firms ICAI as a part of its commitment to strengthen the Practitioners has brought out a publication of E-Book on “Ready Reckoner on Regulatory Aspects of ICAI for Members & CA Firms” for the Members of ICAI. The …
ICAI Guide on Taxation of Non-Residents updated as per Finance Act, 2018 ICAI has published the third edition (September 2018) of its guide for Taxation of Non-Residents which is revised as per law amended by the Finance Act, 2018. The guide highlights various provisions of the Income tax Act, …
