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Peer Review: क्या फर्मों के लिए कब से अनिवार्य है?

  • 17-12-2024
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Peer Review: क्या फर्मों के लिए कब से अनिवार्य है? पीयर रिव्यू की अनिवार्यता को लेकर कई सदस्यों की queries आई हैं। इसके लिए एक सरल प्रयास करते हुए, हम इसे आसान शब्दों में समझाने की कोशिश कर रहे हैं। निम्नलिखित मामलों में आपके पास ऑडिट शुरू करने से पहले…
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किसी वर्ष के लिए CPE Hours की पूर्ति:

किसी वर्ष के लिए CPE Hours की पूर्ति: सरल मार्गदर्शन कई सदस्य पूछते हैं कि CPE Hours को कब तक पूरा करना आवश्यक है। CPE Hours की अनिवार्यता को सरल भाषा में समझाने का यह प्रयास है: 1. 60 वर्ष से कम आयु और COP होल्डर सदस्य प्रत्येक कैलेंडर वर्ष…
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Audit Quality Maturity Model Version 2.0

Audit Quality Maturity Model Version 2.0 (AQMM v 2.0) जारी Audit Quality Maturity Model (AQMM) का Version 2.0 अब जारी कर दिया गया है। AQMM v 1.0 पहले से ही 1 अप्रैल, 2023 से निम्नलिखित संस्थाओं का ऑडिट करने वाली फर्मों के लिए लागू था: Listed Entity Banks other than…
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CBDT द्वारा चैरिटेबल ट्रस्ट्स के लिये फॉर्म 10A/ 1

  • 25-04-2024
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- धारा 10(23C),12A एवं 80G के अन्तर्गत रजिस्टर्ड ट्रस्ट के रिन्यूअल लिए अब 30.06.2024 तक अप्लाई कर सकते हैं। - रेगुलर/परमानेंट रजिस्ट्रेशन (फॉर्म 10AB) के लिए अब 30.06.2024 तक अप्लाई कर सकते हैं। - ऐसे ट्रस्ट जिनके फॉर्म 10AB Delayed फाइलिंग या ग़लत सेक्शन कोड की वजह से रिजेक्ट कर…
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ICAI द्वारा अपने सदस्यों को निशुल्क Digital Tools,

ICAI द्वारा अपने सदस्यों को निम्न Digital Tools, निशुल्क प्रदान किये जायेंगे - Audit Documentation Tools Software - Data Analytics Tool - Practice Management Software - Online Digital Library Digital Tools के लिए कृपया 30 जून से पहले निम्न लिंक पर रजिस्ट्रेशन कराएं। https://rb.gy/6q7si5 अधिक जानकारी के लिए https://resource.cdn.icai.org/65087cmp52366.pdf  
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Enhancement of Overseas Investment Limits for MF

Sub: Enhancement of Overseas Investment limits for Mutual Funds 1. The Para 1 of SEBI Circular No. SEBI/HO/IMD/DF3/CIR/P/2020/225 dated November 05, 2020  specified the overseas investment limits per Mutual Fund 2. In this regard, based on the representations received from Mutual Fund industry to enhance the investment limits per Mutual…
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Time Extended for Submission of Returns U/s 31

Submission of returns under Section 31 of the Banking Regulation Act, 1949 (AACS) – Extension of time In terms of Section 31 of the Banking Regulation Act, 1949 (“the Act”), read with Section 56 of the Act, accounts and balance sheet referred to in Section 29 of the Act together…
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COVID Resolution Framework - 2.0: For MSMEs

Resolution Framework - 2.0: Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs) – Revision in the threshold for aggregate exposure A reference is invited to the circular DOR.STR.REC.12/21.04.048/2021-22 on “Resolution Framework 2.0 – Resolution of Covid-19 related stress of Micro, Small and Medium Enterprises (MSMEs)” dated…
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COVID Resolution Framework - 2.0 For Individuals &

  • 04-06-2021
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Resolution Framework - 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses – Revision in the threshold for aggregate exposure A reference is invited to circular DOR.STR.REC.11/21.04.048/2021-22 on “Resolution Framework – 2.0: Resolution of Covid-19 related stress of Individuals and Small Businesses” dated May 5, 2021. 2. Clause…
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Online PTTest

  • 04-06-2021
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Registration for Online Home-Based Practical Training Assessment   The next practical training assessment is being conducted online on June 26-28, 2021. The students who have completed their 1st/ 2nd year of practical training during October 1, 2019 – March 31, 2021 are eligible to appear in this test. If a…
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GST Notification of 43rd Council Meeting

जीएसटी कौंसिल द्वारा 43वीं मीटिंग में प्रस्तावित सुधारों के संदर्भ में जारी नोटिफिकेशन
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Recommendation of 43th GST Council Meeting

Recommendations of 43rd GST Council meeting - COVID-19 related medical goods including Amphotericin B for free distribution given full exemption from IGST upto 31.08.2021 - Custom duty exemption also given to Amphotericin B - Amnesty Scheme to provide relief to taxpayers regarding late fee for pending returns ; Late fee…
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ICAI के इंटरमीडिएट & फाइनल के एग्जाम अब 5 जुलाई से

IMPORTANT ANNOUNCEMENT   In continuation to the Announcement dated 27th April, 2021, it is hereby announced for general information that the Chartered Accountants Intermediate (IPC) {Under Old Scheme}, Intermediate {Under New Scheme}, Final {Under Old & New Scheme} and Post Qualification Course, viz.,: Insurance and Risk Management (IRM) Technical Examination…
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Completion of OC/IT Training before 30th June, 202

As per current scheme of CA Education & Training, a student is required to complete successfully Integrated Course on Information Technology and Soft Skills (ICITSS) consisting of Information Technology Training (ITT) and Orientation Course (OC) each of 15 days before registering for practical training (Article ship). Due to the prevailing…
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Procedure for Exercise of Option U/s 245M

Provide basic details for assessees intending to exercise option under sub-section (1) of section 245M The assessee who wish to exercise option for withdrawal application filed u/s 245C and such application is pending, shall first provide the basic details in following format on the form placed at www.nic.in   UpIoad…
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Computation of FMV of Capital Assets U/s 50B

In exercise of the powers conferred by section 50B read with section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes hereby insert the following rules further to amend the Income-tax Rules,1962, namely:─ “11UAE.Computation of Fair Market Value of Capital Assets for the purposes…
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Extention of Due Dates under Income Tax Act

The Central Government, in continuation of its commitment to address the hardship being faced by various stakeholders on account of the severe Covid-19 pandemic, has, on consideration of representations received from various stakeholders, decided to extend timelines for compliances under the Income-tax Act, 1961
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Empanelment with C&AG of India for 2021-22

The status of provisional Empanelment along with the provisional score points with respect to the Chartered Accountant firms / LLPs firms who have applied for empanelment with O/o C&AG of India for the year 2021-22 will be available on the C&AG website www.care.cag.gov.in from 18th May 2021 to 27th May…
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Extension for Commencement of Articleship

  • 24-05-2021
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In exercise of the powers conferred under Regulation 205 of the Chartered Accountants Regulations, 1988 and to remove the hardship caused to the students due to Covid 19 spread or otherwise, the Council hereby order that – 1. Students who have qualified either of the Groups or both the Groups…
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Waiver of Condonation Fees on Fling of Form 18

Important Announcement Waiving-off Condonation Fees due to late filing of application Form 18 related to Members and Firms amidst COVID-19 Pandemic till 30th July, 2021   Amidst the current situation arising out of Covid-19, it is observed that Members and Firms are facing difficulties in filing Form 18, i.e., for…
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Extention of Due Dates under GST

Relief Measures announced in GST Compliances In view of recent surge in coronavirus cases: 1. Reduction in Interest Rate for delayed GST payment for Regular Taxpayer for the month of March & April 2021    Regular taxpayer- Turnover more than 5 Cr- Interest rate reduced to 9% for first 15…
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Extention of Due Dates under Income Tax

1. In view of severe pandemic, the Central Board of Direct Taxes, in exercise of its powers under Section 119 of the Income-tax Act, 1961, provides following relaxation in respect of Income-tax compliances by the taxpayers: a) Appeal to Commissioner (Appeals) under Chapter XX of the Income-tax Act, 1961 for…
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Re-opening of Examination Window, May 2021

IMPORTANT ANNOUNCEMENT RE-OPENING OF ONLINE FILLING UP OF EXAMINATION APPLICATION FORMS FOR CHARTERED ACCOUNTANTS EXAMINATIONS, MAY 2021.   Considering the prevailing COVID-19 situation and in the interest of welfare & well-being of the students and to mitigate their hardships, in continuation to Important Announcement dated 27th April 2021, it has…
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Medical Assistance for CAs and their Dependents

Norms have been Relaxed by ICAI for Medical Assistance for CAs and their Dependents due to COVID-19 For Detail https://www.icai.org/post/financial-assistance-for-treatment-of-corona-disease-from-cabf For Application https://resource.cdn.icai.org/64607cabf-covid19-appform-2021.pdf Detailed FAQs https://resource.cdn.icai.org/64608cabf-covid19-faqs-2021.pdf
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Extension of Time Period for Articleship

ANNOUNCEMENT   Extension of time period for commencement of Practical Training on or before 30th April 2021 to 30th June, 2021 for appearing in Final examination to be held in November, 2023 In exercise of the powers conferred under Regulation 205 of the Chartered Accountants Regulations, 1988 and to remove…
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ICAI postponed CA May 2021 Exams:

In view of the ongoing COVID-19 pandemic and in the interest of welfare & well - being of students and to mitigate their hardships, it has been decided to postpone the Final and Intermediate Chartered Accountants Examinations which are scheduled to commence from 21st (Final) / 22nd (Intermediate) May, 2021…
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Guidelines for Appointment of SCAs/SBAs of Banks

A Circular on ‘Guidelines for Appointment of Statutory Central Auditors (SCAs)/ Statutory Auditors (SAs) of Commercial Banks (excluding RRBs), UCBs and NBFCs (including HFCs)’ has been issued today. These Guidelines provide necessary instructions for appointment of SCAs/SAs, the number of auditors, their eligibility criteria, tenure and rotation, etc. while ensuring…
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Important Announcement Foundation Exam

एग्जाम फॉर्म पर सीए के साइन, 12 की मार्कशीट या एडमिट कार्ड अपलोड करना आदि समस्याओं से राहत It has been informed to the Institute that the students who wish to appear for June 2021 Foundation Examination in terms of Announcement No. 13-CA (EXAM)/Foundation/June/2021 dated 5th March, 2021 that they…
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The ICAI invites Application for Teaching CA Class

The Board of Studies of the ICAI, in order to provide best academic experience to its students through virtual live classes is looking for reputed faculty having strong hold on their respective subjects with three or more than three years of relevant experience in teaching CA students at Foundation, Intermediate…
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Extension for Waiving-off Condonation Fees

Amid the current situation arising out of Covid-19, it is observed that some of the Students/Articled Assistants are still facing difficulties in online filing of prescribed applications forms for various activities e.g. filing of Form 102/103 for registration of articleship due to non-availability of non-judicial stamp papers for the execution…
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Government Extends Certain Timelines

In view of the severe Covid-19 pandemic Various Time Barring Dates, which were earlier extended to 30th April, 2021 by various notifications, may be further extended to 30th June, 2021  (i) Time limit for passing order for assessment or reassessment under section 153 or section 153B thereof; (ii) Time limit…
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Mock Test Papers Series - II for May 2021 Exams

Board of Studies of ICAI is commencing Mock Test Papers Series-II from April 22, 2021 for students appearing in CA Foundation, IIPC & Intermediate; Final Old & New May 2021 examination. Complete schedule of these mock tests can be accessed/viewed at: https://resource.cdn.icai.org/64465bos140421a.pdf
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Extension for Completion of OC/IT Training

Due to the prevailing COVID situation, the Competent Authority has decided to relax the requirement, as a one-time measure, which is as under: The students who were required to complete OC/ITT course uptill 31st March 2021 can now complete the same on or before 31st May,2021. The students who are…
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ICITSS & AICITSS Batch in Physical & Virtual Mode

The Branches may conduct physical or virtual batches w.e.f. 1st April, 2021 for all the category of students for both ICITSS & AICITSS courses. Students appearing in May 2022 Final exam are permitted to attend virtual batches. The fees for physical /virtual batches are Rs.5,000/- & Rs.5,500/- for MCS &…
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