ICAI announces financial assistance to its members and their dependants suffering from Corona virus

ICAI has announced financial assistance  of Rs. 1.5 lakhs to its members and their dependants suffering from Corona virus. This is being done through Chartered Accountants Benevolent Fund

ICAI clarifies on the news article by Times of India with regard to use of acronym "ICAI" by Institute of Cost Accountants of India

Click here to download the clarification

5 income tax-related deadlines

The government has extended the deadline for filing income tax returns or ITRs for 2018-19 fiscal to September 30, from July 31. This is the third extension given by the government for taxpayers to file both original and revised tax returns for 2018-19 fiscal. In March, the due date was extended from March 31 to June 30.

ICAI launches MSME Business continuity checklist

Click here to download

ICAI Vice President Latest Update on Nov 2020 CA Exams

NFRA bars former Deloitte head from audit for 7 years over lapses at IL&FS

Former Deloitte Haskins & Sells CEO Udayan Sen was banned from auditing for seven years and fined Rs 25 lakh by the National Financial Regulatory Authority on July 22 for auditing lapses at IL&FS.

The watchdog found Sen guilty of professional misconduct and not maintaining independence and quality in auditing accounts of the financial company.

Sen was the engagement partner of IL&FS in 2017-18. He stepped down as CEO in March 2015 and retired as a partner of the firm in March this year.

MCX India Auditor Selection Norms for Cyber Security & Cyber Resilience Audit of Member

Cyber Security & Cyber Resilience Audit

Cyber Security & Cyber Resilience Audit of Member

In view of the circular issued regarding Cyber Security & Cyber Resilience Audit of Trading Members of the Exchange issued by SEBI, the members using trading software are required to conduct Cyber Security & Cyber

Vacancy for CA Inter in Meridian Enterprises Pvt. Ltd

Chief/ Senior Accountant

Nariman Point, Mumbai

ICAI announces Reduction of fees for MCS & Adv ITT Courses for students undergoing Virtual classes for May 2019, Nov 2019, May 2020 & Nov 2020 Final Students

Students Skills Enrichment Board, BOS (O) The Institute of Chartered Accountants of India 3rd July, 2020

ANNOUNCEMENT

Reduction of fees for MCS & Adv ITT Courses for students undergoing Virtual classes for May 2019, Nov 2019, May 2020 & Nov 2020 Final Students In view of the ongoing spurt of COVID-19 virus pandemic and subsequent suspension of IT and Soft Skills Classes all across the country, the competent authority has decided that the students of Final course exam (May 2019, November 2019, July, 2020 & November,2020) as one time measure, can undergo MCS and Advanced IT Course through Virtual Mode and has further decided to

SC adjourns hearing on CA exams to next week

High Court directs IT department to refund Rs.833 crores to Vodafone Idea Ltd within 2 weeks

In a huge relief to Vodafone Idea Limited, the Bombay High Court last Friday directed the income tax department to refund Rs.833 crores to the telecom operator within two weeks "without fail." 

Division bench of Justice RD Dhanuka and Justice Madhav Jamdar pronounced a 14-page oral order via video conference granting relief after hearing the petitioner Vodafone Idea and the Assistant Commissioner as well as

ICAI issues guidance note on CARO 2020

https://resource.cdn.icai.org/60117aasb48979-a.pdf