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ICAI WORK PRESSURE
Extend income tax audit deadline due to ITR portal glitch, AIS errors, new ICAI enhanced reporting needs: Nagpur Chamber of CommerceNagpur Chamber of Commerce urges the Central Board of Direct Taxes for tax audit deadline extension. They request pushing it to November 30...- Income tax return filing deadline 2025: Now even BJP MPs write to Finance Minister to extend ITR filing due dateIncome Tax Return Filing: With the ITR filing deadline approaching, tax professional bodies and BJP MPs are urging the Finance Ministry to ...
- Extend ITR Filing last date to October 15, demands ATBA due to tech issues and glitches with ITR portal like errors in validation, slow uploadsITR Filing Due Date: Several organizations, including the Karnataka State Chartered Accountants Association (KSCAA), ICAI, and Advocates Ta...
- Extend ITR and tax audit deadlines due to tax portal glitch, data mismatch in AIS and Form 26AS, new ICAI format, says CCTAXITR Filing Deadline Extended?: The Chandigarh Chartered Accountants Taxation Association (CCTAX) has urged the CBDT to extend the ITR and t...
- ICAI forms support group amid work stress worriesICAI has formed a group to tackle work-related stress and will launch a counselling help desk. This follows the death of a chartered accoun...
- ICAI advises CAs 'pleasure, not pressure' in ITR rushFor a change, these overworked professionals immersed in numbers and Excel sheets who often have to bear the brunt of dodgy clients' action...
- A slew of systemic and cultural issues that threw top auditors off balanceEach day as clamour grows for strict action against auditors, the profession finds itself at a crossroads.
- Business pressure & external regulation have changed the way audit firms workThese pressures have been telling on audit cos — Indian firms and MNCs, which include the Big Four and others such as Grant Thornton and BD...
- New bureau to dissolve state-run banks' power to choose auditorsThe government is likely to empower the proposed Bank Board Bureau to select audit firms for public sector banks.
- ICAI issues norms for CSR accounting by companiesCompanies meeting certain financial criteria such as a net worth, turnover or net profit of at least Rs 500 crore, Rs 1,000 crore and Rs 5 ...
- Auditors should be paid from a pool of fundsICAI move to write a new code of ethics is welcome, but it can be effective only if it compels auditors to raise their standard of ethics a...
- India presses Singapore to open up services sectorIndia has asked Singapore to open up more services to allow a greater number of Indian professionals access the island nation’s cost accoun...
- Govt waiting for ICAI report 7 months after Satyam fraudCorporate Affairs Minister Salman Khurshid has said he would exert pressure on ICAI for a final report on the multi-crore Satyam fraud, alt...
- ICAI blasts hasty audits of PSB booksICAI has raised apprehensions about the accuracy of audited financial statements of Allahabad Bank, Vijaya Bank and Central Bank of India. ...
- Deloitte faces heat over Subhiksha's auditAfter Price Waterhouse and Ernst & Young, which burnt their fingers in the Satyam affair, it's the turn of audit firm Deloitte to face the ...
- 'ICAI can cancel licence'Institute of Chartered Accountants of India has the power to strip an audit firm of its licence if there is sufficient proof of extensive w...
- ICAI must assert itselfGuilty auditors usually get away with reprimand, and in serious cases, with a fine of up to Rs 1 lakh or three months suspension for their ...
- Satyam fraud puts auditors' role under scannerFollowing a written confession by Ramalinga Raju, who admitted that he had misrepresented facts in the company's balance sheet, the role of...
- Firstsource cuts revenue guidance for FY09BPO FIRM Firstsource Solutions has cut its revenue guidance from 33%-38% growth in dollar terms to 21% for FY09.
- New CA code may push down accounting costsThe chartered accountants (CAs) who could not make it to plump posts in top accounting firms, can now rejoice.
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