ICAI’s Draft Guidance Note on Bank Audit (2022 Edition)
ICAI has released exposure draft of ‘Guidance Note on Bank Audit (2022 Edition)’ for comments latest by 25/01/2022: Exposure Draft of ICAI’s Guidance Note on Bank Audit (2022 edition) …
ICAI Concerns over NFRA Consultation Paper on Review of Audit Requirement
ICAI has expressed it’s concerns over sensitive issues, like ‘NFRA Consultation Paper on Review of Audit Requirement in the case of MSMCs’, returning of ‘ICAI’s Approach Paper 2020 on …
MCA notifies Higher Additional Fee (upto 18 Times) for Late Filing
MCA has notified the Companies (Registration Offices and Fees) Amendment Rules, 2022, to effect Higher Additional Fee of upto 18 Times (as against existing 12 times) the Normal Fee …
ITR & TAR Due Dates further Extended by CBDT: FY 2020-21/ AY 2021-22
CBDT has further extended the due dates for filing of Income Tax Return (ITR)/ Tax Audit Report (TAR)/ Transfer Pricing Report (TPR), in respect of FY 2020-21/ AY 2021-22. …
ICAI’s Handbook on Best Practices for Registered Valuers
ICAI Registered Valuers Organisation (ICAI RVO) in collaboration with the Valuation Standards Board (VSB) of ICAI has brought out the publication “Handbook on Best Practices for Registered Valuers”, to …
ICAI Campus Placements for Newly Qualified CAs (March-April 2022)
Committee for Members in Industry & Business (CMI&B) of ICAI will organise next batch of Campus Placement Program for Newly Qualified Chartered Accountants (NQCAs) in March-April 2022, at several …
Rs. 653 Crores Customs Duty Evasion: Show Cause Notice to ‘Xiaomi India’
DRI has issued three show cause notices to Xiaomi India, demanding short paid duty of Rs. 653 crore on imported mobile phones during the period 01/04/2017 to 30/06/2020, for …
Exposure Drafts of Revised Accounting Standards of ICAI: AS-28, AS-103, AS-110, AS-111
ICAI has issued the Exposure Drafts of Revised Accounting Standards AS-28, AS-103, AS-110 and AS-111, vide Announcement dt. 04/01/2022, for comments latest by 03/02/2022. The Indian Accounting Standards (Ind …
RBI Cancels Certificate of Authroisation of ‘Muthoot Vehicle & Asset Finance and Eko India Financial Services
Reserve Bank of India (RBI) has cancelled the Certificate of Authroisation (CoA) of two companies, namely, Muthoot Vehicle & Asset Finance Limited, Kochi and Eko India Financial Services Private …
ICAI Commerce Wizard 2021-22 (Talent Search Test): Registration Open
ICAI Commerce Wizard 2021-22 (Talent Search Test) is scheduled to be held on 16/01/2022 (Level 1) and 30/01/2022 (Level 2). Registrations are open for students of Classes 9th,10th, 11th, …