Tag: icai

ICAI coaching income exempt us 11. The institute is an educational institute and its activities falls within the meaning of charitable purpose u/s 2(15)-ITAT

ICAI income exempt us 11. The institute is an educational institute and its coaching activities falls within the meaning of charitable purpose u/s 2(15). In a yet another case for AY 2010-11, ITAT following previous judgments of ITAT, High Court and Supreme Court has upheld the charitable status …

Centralised ICAI exam checkers empanelment discontinued. No Appointment, asignment allotment and direct payments by Institute from May 2016 exams

Centralised ICAI exam Checkers Empanelment Discontinued ICAI Announcement dated 12/05/2016 Assignments of Checkers The examination process inter alia includes a procedure of having the answer books checked, after evaluation by examiners, by Checkers to ensure that all answers have been evaluated, marks awarded have been carried forward to …

Should there be more than one ICAI Vice President ?

Should there be more than one ICAI Vice President? This is one of the terms of reference of the group constituted by ICAI  for review of the existing term of the Council. The announcement of ICAI is as under: Council Affairs/M-626/2016 11th May, 2016 ALL MEMBERS OF THE COUNCIL …

CA Firms Empanelment for CBI Forensic Audit. Applications last date is within one week’s time-ICAI Announcement dated 10/05/2016

CA Firms Empanelment for CBI Forensic Audit. Applications last date is within one week’s time-ICAI Announcement dated 10/05/2016 Central Bureau of Investigation (CBI) has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments. Chartered Accountants firms having prior sufficient …

Feedback on Income-tax Arrear Demand Verification Portal invited by ICAI to identify problem areas/issues in the facility at incometaxindiaefiling website

Feedback on Income-tax Arrear Demand Verification Portal invited by ICAI ICAI Announcment The Income Tax Department has launched an “Arrear Demand Verification Portal at https://incometaxindiaefiling.gov.in/ which can be accessed by the assessees with their respective user-id. This portal provides various options in the assessee’s dashboard for settling/modifying the …

ICAI Motto Song- Suggestions invited for Recomposition

ICAI Motto Song- Suggestions invited for Recomposition Dear Colleague The “ICAI Motto Song” played during all important events of ICAI is a source of inspiration for the CA fraternity and has a grand meaning that encourages us all to stay alert, dynamic while retaining the long cherished ideals of ‘Excellence, Independence, Integrity’ which …

ICAI Guidance Note on CARO 2016

Companies (Auditor’s Report) Order, 2016 (CARO 2016) issued by the Ministry of Corporate Affairs (MCA) is applicable for audits of financial statements for periods beginning on or after 1st April 2015 (FY 2015-16) The new reporting requirements of CARO 2016 are distinguished and from earlier CARO Orders.  ICAI has come up …
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