Category: ICAI

ICAI-Penalty u/s 271J on chartered accountants be withdrawn. ICAI advocates withdrawal of penalty in its Post-Budget Memorandum

ICAI-Penalty u/s 271J on chartered accountants be withdrawn. ICAI advocates withdrawal of penalty in its Post-Budget Memorandum submitted to the Government ICAI in its Post-Budget Memorandum-2017 has advocated that the proposed Section 271J- Penalty imposable on chartered accountant for furnishing incorrect information in reports or certificates may be removed. The …

ICAI study circles independent PAN TAN Service Tax registration. ICAI constitutes Group to consider the entire structure to study circles

ICAI study circles independent PAN TAN Service Tax registration. ICAI constitues Group to consider the entire structure to study circles Constitution of Group to consider the entire structure to study circles, exploring ways and means to obtain independent PAN, TAN, Service Tax registration No.M-626/2017 21st February, 2017 ALL …

CA guilty of misconduct-director of companies without permission, operating bank accounts actively involved in daily operation.

CA guilty of misconduct-director of companies without permission, operating bank accounts actively involved in the day to day operations. ABCAUS Case Law Citation: ABCAUS 1130 (2017) (02) HC Brief Facts of the Case: The instant Reference under Section 21(5) of the Chartered Accountants Act, 1949 was made by …

ICAI-Increase in Annual Membership-COP Fees from 01-04-2017. Institute has revised the fees to be paid by chartered accountants

ICAI-Increase in Annual Membership-COP Fees from 01-04-2017. Institute has revised the fees to be paid by chartered accountants THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA New Delhi, the 9th February, 2017 NOTIFICATION No.1-CA(7)/179/2017:– In exercise of the powers conferred under sub-section (3) of section 4 and 5, sub-section …

CA Misconduct-Non reporting book entry stocks debtors sales and accounts manipulation which was statutory requirement

CA Misconduct-Non reporting book entry stocks debtors sales and  accounts manipulation. Reporting modus operandi of bogus transactions was statutory requirement-High Court ABCAUS Case Law Citation: ABCAUS 1120 (2017) (02) HC Brief Facts of the Case: The Council of the Institute of Chartered Accountants of India (ICAI) received a …