Category: ICAI
ICAI Request for improving MCA annual filing compliance by pursuing companies so as to help the Ministry of Corporate Affairs in achieving the targeted compliance. As the members are already aware that that it is the time of peak filing of Balance Sheet & Annual Return under the …
ICAI Clarifications-MEF 2016-17 PD/A-40/2016 6th October, 2016 ANNOUNCEMENT – CLARIFICATIONS IN RESPECT OF MEF 2016-17 Applicants of MEF who are (i) Applying as “Proprietary Concern” and also having Sole/Individual practice registered in Institute’s records (ii) Applying as “Individual” (either Sole/Individual practice registered or not in Institute’s records) though …
PART B-PART C of MEF 2016-17 made live till 31-10-2016 to enable the applicants fill and edit the same. No need to send the declarations again-ICAI Message from PDC, ICAI Dear Professional Colleagues, Season’s Greetings, Sub: PART B and PART C of MEF 2016-17 has been made live …
CA issuing fake certificate-invoice to bank guilty of misconduct. Bank on the strength of false certificate and fake proforma invoice had released loan fund-Delhi HC ABCAUS Case Law Citation: 1027 (2016) (10) HC Brief Facts of the Case: The present disciplinary proceedings for professional misconduct were initiated by the …
ICAI Clarification-auditors rotation SQC1-Companies Act 2013 differences.One time transition phase relaxation given for the financial year 2016-17 1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to …
ICAI Revised Guidance Note-Special Purposes Audit Reports and Certificates. CA can provide reasonable or limited level of assurance. Auditing and Assurance Standards Board of ICAI has released the revised Guidance Note on Audit Reports and Certificates for Special Purposes. Chartered Accountants are often required to issue specific reports/certificates required under various laws …
Amendments to Accounting Standards by ICAI Amendment to AS 2, 4, 6, 10, 13, 14, 21 and 29 issued by ICAI pursuant to issuance of amendments to Accounting Standards by the MCA-ICAI Announcement Amendment to AS 2, 4, 6, 10, 13, 14, 21 and 29 issued by the Institute …
Disciplinary proceedings against managing committee of ICAI Chandigarh Branch stayed by P&H High Court in a case of democratic selection of branch chairman. This indeed puts a question mark on the endeavour of ICAI in upholding the democratic principles enshrined in the Chartered Accountants Act, 1949 and rules governing it. …
ICAI Helpdesk for Implementation of Ind AS Announcement With the beginning of financial year 2016-17, the era of implementation of Ind AS has begun in India. In this regard, a number of issues are constantly being faced by the Small and Medium Practitioners (SMPs) and companies in the …
Capitaline TP discounted corporate database for Chartered Accountants and CA firms. ICAI arrangement with C-MOTS Internet Technologies Pvt Limited. ICAI Announcement As an ongoing attempt to facilitate the members practising in the field of International Taxation, the Committee on International Taxation of ICAI has entered into an arrangement …