Judgement

Disciplinary Committee holds statutory auditor guilty of “Other Misconduct” for withdrawing Rs. 43.75 lakh at director’s request

ICAI Reprimands CA for Cash Withdrawals from Client’s Bank Account During Audit Tenure

Articles

From 1st April 2026, the UDIN portal will introduce a ceiling on the number of UDINs that can be generated.

ICAI Introduces UDIN Limit for Tax Audits and Field-Level Validation

Notice u/s 148 held invalid as approval obtained from wrong authority; Revenue’s appeal dismissed as infructuous

ITAT Quashes Reopening Beyond 3 Years Where Escaped Income Was Rs. 10.25 Lakh

Audit of firm where sister held 50% profit share violates Clause (4) of Part I, Second Schedule

ICAI Reprimands CA for Auditing Sister’s Firm; Holds Independence Compromised

Disciplinary Committee finds no negligence under Clause (7) despite QRB observations on quality control documentation

ICAI Clears CA in DLF Audit Case; Holds SQC-1 Policies and EQCR Process Were Complied With

The Companies Act, 2013, and the Code of Ethics restrict a chartered accountant from accepting an audit in a company where his relative is a director or holds substantial interest.

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ICAI Reprimands CA for Cash Withdrawals from Client’s Bank Account During Audit Tenure

ICAI Introduces UDIN Limit for Tax Audits and Field-Level Validation

ITAT Quashes Reopening Beyond 3 Years Where Escaped Income Was Rs. 10.25 Lakh

ICAI Reprimands CA for Auditing Sister’s Firm; Holds Independence Compromised

ICAI Clears CA in DLF Audit Case; Holds SQC-1 Policies and EQCR Process Were Complied With

ICAI Reprimands CA for Auditing Company Where His Brother Was Director