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...
10 Sep, 2025, 06.40 PM IST
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...
01 Oct, 2024, 12.11 AM IST
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...
26 Jul, 2022, 11.48 PM IST
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.
23 Jun, 2019, 10.13 AM IST
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...
24 Jun, 2018, 10.33 AM IST
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.
14 Dec, 2015, 03.00 AM IST
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 ...
01 Jun, 2015, 09.50 AM IST
- Auditors should be paid from a pool of funds
ICAI 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...
30 Aug, 2011, 12.55 AM IST
- India presses Singapore to open up services sector
India has asked Singapore to open up more services to allow a greater number of Indian professionals access the island nation’s cost accoun...
25 Sep, 2010, 03.46 AM IST
- Govt waiting for ICAI report 7 months after Satyam fraud
Corporate Affairs Minister Salman Khurshid has said he would exert pressure on ICAI for a final report on the multi-crore Satyam fraud, alt...
06 Sep, 2009, 12.12 PM IST
- ICAI blasts hasty audits of PSB books
ICAI has raised apprehensions about the accuracy of audited financial statements of Allahabad Bank, Vijaya Bank and Central Bank of India. ...
07 May, 2009, 03.50 AM IST
- Deloitte faces heat over Subhiksha's audit
After Price Waterhouse and Ernst & Young, which burnt their fingers in the Satyam affair, it's the turn of audit firm Deloitte to face the ...
26 Feb, 2009, 02.33 AM IST
- '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...
14 Jan, 2009, 02.12 AM IST
- ICAI must assert itself
Guilty 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 ...
13 Jan, 2009, 02.00 AM IST
- Satyam fraud puts auditors' role under scanner
Following a written confession by Ramalinga Raju, who admitted that he had misrepresented facts in the company's balance sheet, the role of...
07 Jan, 2009, 07.15 PM IST
- Firstsource cuts revenue guidance for FY09
BPO FIRM Firstsource Solutions has cut its revenue guidance from 33%-38% growth in dollar terms to 21% for FY09.
25 Nov, 2008, 03.15 AM IST
- New CA code may push down accounting costs
The chartered accountants (CAs) who could not make it to plump posts in top accounting firms, can now rejoice.
27 Nov, 2006, 03.15 AM IST