ICAI’s Handbook on Taxation of Private Trusts under Income Tax (2023)
ICAI has released the Handbook on Taxation of Private Trust of Income-tax Act, 1961 (February 2023 Edition) for assisting members in making necessary compliance. Learn more!
Tag: ICAI
Second & Third Phase Peer Review Mandate Further Deferred by ICAI
ICAI has announced on 16/03/2024 that the second and third phase of the Peer Review Mandate has been further deferred/postponed to 01/07/2024 and 01/01/2025 respectively.
ICAI’s Revised SA 800, 805 & 810 (2024 Edition)
ICAI has released updated/revised (2024) edition of certain Standards on Auditing relating to Specialized Areas, i.e. SA 800, 805 & 810, on 7th February 2024.
ICAI Technical Guide 2024 on BEPS Action Plans and MLI (Multilateral Instrument)
ICAI has released second edition (January 2024) of the "Technical Guide on BEPS Action Plans and MLI (Multilateral Instrument)" to provide guidance for transparent international tax practices.
ICAI CPE Requirements Non-compliance Consequences from 2024
Key points of the ICAI's proposed new framework for consequential provisions regarding annual CPE compliance requirements beginning calendar year 2024.
ICAI Issues Exposure Drafts on Standards for LLP Auditing
The ICAI has released exposure drafts of 35 Standards on Auditing to make them applicable for limited liability partnership audits in India, similar to company audits.
Monitoring Auditing Standards Compliance: ICAI’s New Review Tool
ICAI has introduced a comprehensive Review & Monitoring Tool with checklists and dashboards to aid audit firms in adhering to Standards on Auditing Compliance.
Proposed ICAI Accounting Standards for LLPs: Share Your Views!
ICAI has released an exposure draft on accounting standards for LLPs. Provide your comments to help formulate effective standards applicable to LLPs.
ICAI Implements Archiving of UDINs: Announcement & Guidelines
UDIN Directorate of ICAI has decided to archive UDINs after one year of their generation to ease off the load on the servers.
Significant Beneficial Ownership: ICAI Enhancing Corporate Awareness on Section 90 of CA 2013
Explore ICAI Advisory for Members to strictly comply with Section 90 of the Companies Act, 2013 and Rules on Significant Beneficial Ownership, in line with MCA's efforts to promote …