ICAI issues revised Code of Ethics (13th edition)- Applicable Dates

ICAI issues revised Code of Ethics (13th edition)

ICAI has released revised Code of Ethics (13th edition). The revised Code of Ethics (13th edition)- Volume-I, II & III is applicable with effect from April 01, 2026 except for the s.no. (xxxi).

The s.no. (xxxi) “Assessment and evaluation of Social Impact, CSR Impact, Business Responsibility and Sustainability Reporting, and the like” of Management Consultancy and other services issued under Section 2(2)(iv) of the Chartered Accountants Act, 1949 in Code of Ethics, Volume-I is effective from December 11, 2025.

The revised Code of Ethics (13th edition) is accessible on www.icai.org at the following links:-

Code of Ethics Volume – I
Domestic provisions of the Chartered Accountants Act,1949 and Regulations, etc., Council Guidelines and decisions. Download Here >>

Code of Ethics Volume – II
Converged with International Ethics Standards Board for Accountants (IESBA) Code of Ethics 2024 edition. Download Here >>

Code of Ethics Volume –III
Ethics Standards for Sustainability Assurance (including independence standards). Download Here >>

• Assessee eligible for Chapter VIA deduction u/s 80IE on increased income due to disallownces
• Assessee filing ITR under presumptive tax can’t be faulted for not giving details not mandated
• Sale of flats in a real estate project held capital gains considering intention of assessee
• Interest liability recognised by journal entries at the close of year, can’t be termed as fictitious – ITAT
• Cash deposits in bank which were immediately transferred to other accounts – addition deleted