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CHARTERED ACCOUNT
Can India build its own Big Four? The battle moves to the rulebookIndia is moving to reshape its accounting sector as ICAI prepares Chartered Accountants Act changes aimed at enabling larger domestic firms...- IIT-Bombay professor Suryanarayana Doolla, who faces SC/ST Act FIR in Sahil Wakode case, has multiple teaching, research awardsIIT-Bombay professor Suryanarayana Doolla's deanship was suspended after an FIR under the SC/ST Act in connection with the death by suicide...
- ED probes TMC's ₹5.22 crore advance for aviation servicesThe Enforcement Directorate is examining advance payments made by Trinamool Congress for future aviation services. These payments total ₹5....
- ICAI readies CA Act changes to build bigger accounting firmsThe Institute of Chartered Accountants of India will propose Act changes soon. These changes aim to help Indian firms compete globally. The...
- ICAI working with Tirumala Tirupati Devasthanams for REITs to monetise land assetsICAI is helping Tirumala Tirupati Devasthanams modernise how it manages its vast assets, from land and gold to accounting systems. The inst...
- ICAI prepares reforms for creating larger accounting firm networks; proposals expected in two monthsICAI plans to propose reforms within two months to help Indian accounting firms scale up and compete globally. The proposals include recogn...
- Income Tax Rules 2026 amended: CBDT revises Form 169, Form 171; extends these deadlinesThe Central Board of Direct Taxes has rolled out significant amendments to income tax regulations for 2026, particularly affecting electron...
- Supreme Court has a duty to protect environment, future generations: CJI Surya KantChief Justice Surya Kant emphasized India's deep heritage of nature reverence. The Constitution mandates environmental protection for citiz...
- 8 changes in income tax audit forms for AY 2026-2027; what taxpayers need to knowFor the assessment year 2026-2027, the deadline for income tax audits is set for September 30, 2026. Businesses utilizing presumptive taxat...
- Tax Audit Report deadline: Who needs to upload it by September 30, 2026The deadline for uploading tax audit reports is set for September 30, 2026, specifically targeting certain taxpayers. Chartered accountants...
- Foxconn, Tata Electronics in overdrive for making iPhone 18 Pro and Pro Max models for exportsApple iPhone 18 Pro and iPhone 18 Pro Max production is running round the clock in India, with Foxconn and Tata Electronics factories shipp...
- ITR filed under old tax regime by mistake, income tax paid under new regime: How a lady won case in ITAT DelhiFiled ITR under the old tax regime but paid income tax under the new tax regime; ladywins case in ITAT Delhi after proving her accountant m...
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
- HSBC, ICICI Bank emerge as biggest FX lenders to India’s diaspora in GIFT CityHSBC and ICICI Bank led lending under a special foreign-exchange swap program. These two banks disbursed a combined $19.3 billion through t...
- Student gets Rs 18.34 lakh stipend from university and pays no income tax; gets notice from Income Tax Department; she wins the case in ITAT Delhi for this reasonStudent gets Rs 18.34 lakh stipend from university for PG studies and pays no tax; Tax dept sent notice; She wins case in ITAT Delhi; Know ...
- Indian moves to US for job, forgets to file ITR, Income Tax Dept imposes Rs 8.29 lakh penalty; ITAT Jaipur cancels penalty and gives full reliefIndian employee working in US imposed with Rs 8.29 lakh penalty for missing to file ITR after moving to US; ITAT Jaipur cancels penalty and...
- CA reveals how Marwari women manage and save money expertly without MBA degrees: ‘Her kitchen is her business school. Stale parathas are…'In a viral video, entrepreneur and chartered accountant Ankit Agrawal discussed how Marwari women are the backbone of the community and are...
- Rs 6.42 lakh travel expense disallowed as business expenditure over use of wife’s credit card; businessman contests tax order, wins relief in ITAT MumbaiRs 6.42 lakh foreign travel expenditure disallowed from business income as businessman used wife’s credit card to pay for it; ITAT Mumbai g...
- Rs 1.17 crore interest income of minor child: Father faces Rs 12.83 lakh penalty; ITAT Delhi cancels itSatbeer Singh Godara, judicial member and Amitabh Shukla, accountant member of ITAT Delhi, in a recent judgement ruled that a father can’t ...
- ICAI explores PE funding for consultancy, accountingThe Institute of Chartered Accountants of India is exploring private equity investment in non-audit accounting services. This move aims to ...
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