'Regulator has a duty to act fairly', says apex court in order that gives relief to the company
The CA final exams were held from May 14 to 29, 2022, at various exam centres across India
The institute has asked the government to allow its members to do various activities, including the tax audit under the Income Tax Act, 1961
The legislation amending the laws governing chartered accountants, cost accountants and company secretaries has received the assent of President Ram Nath Kovind
Assessees seek clarity from tax consultants on the new regime, fearing reopening notices
According to RS Secretariat officials, it was after a long time that a bill with so many clauses and amendments was passed with voting taking substantial time
Rajya Sabha passed the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2022 with a voice vote after negating all amendments moved by the Opposition
The discussion on the working of the ministry of labour and employment is also likely to conclude in the Rajya Sabha
ICAI has nearly 3.5 lakh members and about 7.5 lakh students.
Institute of Chartered Accountants of India (ICAI) on Saturday said Debashis Mitra has been elected as its President for the 2022-23 term. Aniket Sunil Talati has been elected as Vice President of the institute, which has more than 3.40 lakh members and over 7 lakh students, according to a release. They took charge on Saturday. Mitra, who is serving his third term in ICAI Council, has been in the accounting profession for more than 34 years. Apart from being a Chartered Accountant, he is also a Cost Accountant and a Company Secretary. He holds a master's degree in commerce and is also a law graduate as well as a qualified Information Systems Auditor. "With keen interest in academic research, he is a PhD on the topic 'A Critical Study of Select Indian GAAP, US GAAP & IAS / IFRS'," the release said. Talati, who has a master's degree in commerce, served as Chairman of Ahmedabad Branch of ICAI for the year 2014-15 and as Secretary, WIRC for the year 2017-18. Among other positions,
The award was given by the Institute of Chartered Accountants of India (ICAI), the premier accounting body which has been holding the annual competition for these awards since 1958
The last date for furnishing report of audit under any provision of the Income Tax Act for AY 2021-22 is January 15
The Institute of Chartered Accountants of India has said it will oppose the Centre's proposal to introduce three non-CA members into ICAI's disciplinary committee
The government introduces a long-overdue Bill to improve the audit discipline
Minister of State for Parliamentary Affairs Arjun Ram Meghwal moved the proposal for referring the Bill to the panel
The Bill was introduced in the Lok Sabha last week.
The Bill proposes a time limit for resolving cases under investigation
Chartered accountants' apex body ICAI will soon have powers to initiate disciplinary action against erring partnership firms as well
FM Sitharaman, who moved the bill, said that on account of changes in the country's economic and corporate environment, it has become necessary to amend the Acts
Ravi Kumar, a CA with HAR Associates, was arrested by the federal probe agency under the provisions of the Prevention of Money Laundering Act (PMLA)