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News - (Get Professional Updates on Whatsapp, Msg on 8285393786) Category : ICAI

Bring NGOs under single, independent regulator: ICAI to Govt
Posted Date : 06-Mar-2015 , 08:14:19 am | Posted By CASANSAAR

With a number of non-governmental organisations (NGOs) coming under income tax scanner for not filing returns, the Institute of Chartered Accountants of India (ICAI) has told the government to bring them under a single and independent regulatory body.   The apex body, in a recent note to the ...

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Category : ICAI | Comments : 1 | Hits : 1117

As a producer it is humiliating that we pay a star
Posted Date : 24-Feb-2015 , 01:55:28 pm | Posted By CASANSAAR

Films today are not failing, budgets are. Producers are losing their monies in most movies, barring a few and the reason for that, of course, is the costs not being in line with the final box office numbers. While there are costs that add to the quality of the film, there are a few that are non-prod...

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Category : ICAI | Comments : 0 | Hits : 2099

New accounting norms to impact financial statement reporting: ICAI
Posted Date : 24-Feb-2015 , 08:21:59 am | Posted By CASANSAAR

With the implementation of the international reporting standards, sectors including infrastructure and financial services may be impacted while those related to manufacturing will not see much adverse impact, according to the institute of chartered accountants of India (ICAI).   The newl...

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Category : ICAI | Comments : 0 | Hits : 1262

Don't rush into setting up NFRA - ICAI President
Posted Date : 24-Feb-2015 , 08:19:13 am | Posted By CASANSAAR

Manoj Fadnis, newly elected president of The Institute of Chartered Accountants of India (ICAI), said on Monday the setting up of a National Financial Reporting Authority (NFRA) should not be rushed.   Its domain would overlap with ICAI in many ways and Fadnis, elected the latter's ...

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Category : ICAI | Comments : 0 | Hits : 1000

CA Deepak Garg may be the next Chariman of NIRC
Posted Date : 21-Feb-2015 , 09:17:31 am | Posted By CASANSAAR

CA Deepak Garg may be the next chairman of NIRC for the FY 2015-16. He has the support of more then seven Regional Council Members out of thirteen & Few CC Members are also in the support of CA Deepak Garg as per reliable sources. Next Week RC Members will elect new NIRC Chairman....

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Category : ICAI | Comments : 0 | Hits : 1439

ICAI signs MoU with Global Accounting Body
Posted Date : 21-Feb-2015 , 09:01:04 am | Posted By CASANSAAR

The Institute of Cost Accountants of India (ICAI) and UK-based The Association of Chartered Certified Accountants (ACCA) today inked a pact to work towards co-operation in respect of professional training, education and examinations. The Memorandum of Understanding (MoU) will open new avenues f...

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Category : ICAI | Comments : 0 | Hits : 1288

Members are not permitted to use any other designation alongwith the designation Chartered Accountant - ICAI
Posted Date : 19-Feb-2015 , 08:19:53 am | Posted By CASANSAAR

ANNOUNCEMENTFOR ATTENTION OF THE MEMBERS Re: Use of Designation(s) other than the designation of “Chartered Accountant” It has been brought to the notice of the Institute that some members are using the certain designation (s) other than Chartered Accountant in addition...

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Category : ICAI | Comments : 0 | Hits : 1951

ICAI elects New Torch Bearers for the year 2015-16
Posted Date : 12-Feb-2015 , 06:56:55 pm | Posted By CASANSAAR

Press ReleaseICAI elects New Torch Bearers for the year 2015-16 The Institute of Chartered Accountants of India (ICAI) is a statutory body established by the Chartered Accountants Act, 1949 for the regulation of the profession of Chartered Accountants in India. The affairs of the ICAI a...

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Category : ICAI | Comments : 0 | Hits : 908

CA. M.Devraja Reddy Elected as New Vice-President of ICAI for the year 2015-16
Posted Date : 12-Feb-2015 , 03:18:34 pm | Posted By CASANSAAR

CA. M.Devraja Reddy Elected as New Vice-President of ICAI for the year 2015-16. 15 Council Members contested for the post of Vice President. Out of 15, CA. M.Devraja Reddy gt maximum votes and elected as New VP of ICAI.   Many Many Congrats to CA. M.Devraja Reddy   Good ...

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Category : ICAI | Comments : 0 | Hits : 1341

First time in the History of ICAI, President of ICAI Elected by Votes
Posted Date : 12-Feb-2015 , 01:51:42 pm | Posted By CASANSAAR

Every Year Vice President of ICAI become President of ICAI but this time in the history of ICAI, council had decided to go for President Elections. History is being written by Current Council Members.   CA.Manoj Fandis Elected as New President of ICAI for the year 2015-16.   Congrats ...

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Category : ICAI | Comments : 1 | Hits : 3621

New President & Vice President of ICAI
Posted Date : 12-Feb-2015 , 08:43:47 am | Posted By CASANSAAR

Today, Central Council Members  of the Institute of Chartered Accountants of India (ICAI) will elect the New President & Vice President.   Normally Vice President of the ICAI is elected as President but this time some Central Council Members are opposing this trend and want to elect ...

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Category : ICAI | Comments : 1 | Hits : 2973

Group to review/finalise the draft amendments in the Chartered Accountants Regulations, 1988 arising out of new Scheme of Education and Training - ICAI
Posted Date : 11-Feb-2015 , 06:44:43 pm | Posted By CASANSAAR

10th February, 2015 ALL MEMBERS OF THE COUNCIL Dear Sir,The President, in terms of the authority given to him by the Council at its 331st meeting held in February, 2014, has constituted a Group comprising the following members, to review/finalise the draft amendments in the Chartered A...

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Category : ICAI | Comments : 0 | Hits : 881

National Helpline for Members and Students launched by ICAI
Posted Date : 05-Feb-2015 , 08:07:39 am | Posted By CASANSAAR

We are pleased to inform our members and students that ICAI National Helpline has been launched by Chief Guest Hon’ble Union Minister for Railways Shri CA. Suresh Prabhu, during the inaugural session of the International Conference held at Bangalore.ICAI National Helpline is an I...

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Category : ICAI | Comments : 0 | Hits : 1288

Assocham, ICAI set up virtual centre for MSMEs' development
Posted Date : 30-Jan-2015 , 08:07:46 pm | Posted By CASANSAAR

Industry body Assocham and the Institute of Cost Accountants of India (ICAI) have jointly set up the country's first 'Virtual Centre for Development of MSMEs'.  "The Centre will cater as a facilitator to MSMEs by addressing their issues, connecting them to global research a...

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Category : ICAI | Comments : 0 | Hits : 1103

CAs can give India a global edge - Railway Minister
Posted Date : 30-Jan-2015 , 08:28:50 am | Posted By CASANSAAR

Chartered accountants meeting here for an international conference were urged to help build the country’s global competitiveness with modern and ethical auditing practices.   Minister for Railways Suresh Prabhu, a chartered accountant himself, addressed the inaugural event of the Instit...

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Category : ICAI | Comments : 0 | Hits : 1013

ICAI Constitute a Group Pursuant to C&AG
Posted Date : 26-Jan-2015 , 08:30:03 pm | Posted By CASANSAAR

Council Affairs/M-626/2015 24th January,2015   ALL MEMBERS OF THE COUNCIL   Dear Sir, Pursuant to C&AG’s Report `Performance Audit on Appreciation of Third Party (Chartered Accountants) - Reporting in Assessment Proceedings’ for th...

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Category : ICAI | Comments : 0 | Hits : 1230

CA.Rameshwar Thakur, Past President of ICAI passed away.
Posted Date : 17-Jan-2015 , 10:18:33 pm | Posted By CASANSAAR

One of the Greatest CA of all time passed away !!!!!!!!!   A Big loss to our profession ... CA Rameshwar Thakur passed away for his heavenly abode .... May his soul RIP   One of our All time Precious Jewel of our Esteemed Profession .. A person who gave a lot to the profession , In...

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Category : ICAI | Comments : 1 | Hits : 1254

Bribery racket: 4 kg gold, 130 kg silver seized from Chartered Accountants
Posted Date : 13-Jan-2015 , 08:59:27 am | Posted By CASANSAAR

THE CBI Monday questioned officers of the investigation wing of the Income-Tax department in Mumbai as part of its probe into a bribery racket that allegedly involves senior I-T officers in Mumbai and Chennai, middlemen and businessmen seeking income-tax relief.   The CBI has seized 4 kg gold...

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Category : ICAI | Comments : 0 | Hits : 2402

Last date for CPE hours requirement for the Year 2014 extended to 31st Match 2015
Posted Date : 05-Jan-2015 , 04:37:12 pm | Posted By CASANSAAR

Dear Professional Colleagues,   Subject: Extension of last date “for complying with the CPE hours requirement for the Calendar Year 2014” - from 31st December, 2014 to 31st March, 2015   We would like to inform you that it has been decided to extend the ...

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Category : ICAI | Comments : 0 | Hits : 1407

CASANSAAR Placement Cell for Chartered Accountants (For Job Seekers & Job Recruiters)
Posted Date : 05-Jan-2015 , 08:47:35 am | Posted By CASANSAAR

CASANSAAR is pleased to announce the launch of CASANSAAR Placement Cell for Chartered Accountants. This Cell will assist Job Seekers & Job Recruiters for best fit..   If you have requirement of CA's in your office / Firm / Company then you can contact&nb...

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Category : ICAI | Comments : 0 | Hits : 1683

Domain + Website + Hosting + 2 email ids @ Just Rs.3100/- with 30 days Money Back Guarantee.
Posted Date : 23-Dec-2014 , 08:19:00 am | Posted By CASANSAAR

CASANSAAR offers a Golden opportunity for Professionals, where they could create their own stunning website with multiple designs and templates to choose.  It will be completely your own space, which is going to be a Dynamic Website and could be edited as per your wish.   ...

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Category : ICAI | Comments : 0 | Hits : 1129

Download Complete CAG Report on Appreciation of Third Party (Chartered Accountant) Reporting in Assessment Proceedings
Posted Date : 21-Dec-2014 , 06:55:27 pm | Posted By CASANSAAR

Report no.-32 of 2014-Union Government (Department of Revenue-Direct Taxes) – Report of the Comptroller and Auditor General of India on Performance Audit on Appreciation of Third Party (Chartered Accountant) Reporting in Assessment Proceedings.   The Report has been laid on the table of...

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Category : ICAI | Comments : 5 | Hits : 2901

CAG Report - Wake Up Call for ICAI
Posted Date : 21-Dec-2014 , 06:30:01 pm | Posted By CASANSAAR

The Comproller & Auditor General of India (CAG) has issued a report No. 32 of 2014 setting out the results of the performance audit of “Appreciation of Third Party (Chartered Accountant) Certification in Assessment Proceedings of the Department of Revenue”.   The report makes ...

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Category : ICAI | Comments : 0 | Hits : 3562

CAG Report - List of CAs who issue more then 400 TAR for the AY 2013-14
Posted Date : 21-Dec-2014 , 06:14:40 pm | Posted By CASANSAAR

Source :- CAG Report...

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Category : ICAI | Comments : 6 | Hits : 6470

CAG pulls up CAs for incorrect income tax information
Posted Date : 20-Dec-2014 , 08:56:49 am | Posted By CASANSAAR

Coming down heavily on Chartered Accountants hired by the Income Tax department, a CAG report today said their failure to submit correct tax information resulted in levying of lower taxes by as much as Rs 2,813.11 crore in 367 cases surveyed. "We found cases where the CAs failed to report full ...

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Category : ICAI | Comments : 2 | Hits : 2390

ICAI to soon issue guidance note on reporting Frauds
Posted Date : 19-Dec-2014 , 07:55:43 am | Posted By CASANSAAR

Chartered Accountants' body ICAI today said it would soon come out with a guidance note for its members on fraudreporting, a day after the Lok Sabha cleared amendments to the companies law.  One of the amendment is to introduce a minimum threshold level for reporting frauds at c...

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Category : ICAI | Comments : 0 | Hits : 1009

GET free of cost 10 unstructured CPE hours on a Self declaration for 2014
Posted Date : 17-Dec-2014 , 09:17:39 am | Posted By CASANSAAR

One can claim the CPE hours by filing a Self Declaration Form with the ICAI for the calendar year 2014. Current Block for Compliance of CPE Hour is from 01.01.2014 to 31.12.2016. Members, who have not filed self deceleration for Calendar Year 2014, can file the same now.   ...

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Category : ICAI | Comments : 0 | Hits : 8030

ICAI to help EPFO with accrual accounting system
Posted Date : 15-Dec-2014 , 05:41:46 pm | Posted By CASANSAAR

ICAI, the apex body of chartered accountants, will help Employees' Provident Fund Organisation(EPFO) to migrate to accrual accountingsystem. In this regard, the Institute of Chartered Accountants of India (ICAI) would take up a pilot project for EPFO. A Memorandum of Understandin...

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Category : ICAI | Comments : 0 | Hits : 883

Admit Cards for the Information Systems Audit Assessment Test(ISA-AT) - December, 2014 - ICAI
Posted Date : 15-Dec-2014 , 04:10:42 pm | Posted By CASANSAAR

Admit Cards for the Information Systems Audit Assessment Test (ISA-AT) scheduled to be held on 27th December, 2014 have been released. Kindly visit http://isaat.icaiexam.icai.org to download the same....

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Category : ICAI | Comments : 0 | Hits : 1013

Produce more CAs, Minister tells Institute of Chartered Accountants of India
Posted Date : 14-Dec-2014 , 07:58:43 am | Posted By CASANSAAR

The Institute of Chartered Accountants of India (ICAI), which was zealously maintaining its quality by limiting the number of chartered accountants should try to increased its members as the nation needed them, said Nirmala Sitharaman, union minister of state for commerce and industry, on Saturday.&...

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Category : ICAI | Comments : 1 | Hits : 2471

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