Category Archives: News

Order of Fee Regulatory Body Chandigargh Quashed by Advisor of UT Chandigarh

By | February 11, 2025

Order of Fee Regulatory Body Chandigargh Quashed by Advisor of UT Chandigarh Contact us on Taxheal@gmail.com The issue involved in this case is the charging of excessive fees by Mount Carmel School, Sector 47, Chandigarh, during the Covid-19 pandemic when the school remained closed (Academic sessions 2020-21 & 2021-22). The parents of the students filed… Read More »

ICAI-EVENT’S NEW EVENTS IN FEBRUARY 2025 FOR CHARTERED ACCOUNTANTS

By | February 10, 2025

Extension of last date of CPE hours’ compliance for the Calendar year 2024 – From 31st December, 2024 to 28th February, 2025 By: Continuing Professional Education Committee Empanelment of Chartered Accountant firms/LLPs with the O/o C&AG for the year 2025-2026 By: Professional Development Committee Please contribute to the collective growth and empowerment of the CA… Read More »

APEDA’s financial assistance schemes boost 47.3% surge in India’s fruit and vegetable exports

By | February 5, 2025

APEDA’s financial assistance schemes boost 47.3% surge in India’s fruit and vegetable exports APEDA strengthens exporter growth with new schemes for infrastructure, quality, and market development India’s fruit and vegetable exports reach 123 countries, with 17 new market added in 3 years The Department of Commerce through Agricultural and Processed Food Products Export Development Authority… Read More »

ICAI (Aggregation of LLPs) Guidelines 2024: Key Points

By | January 29, 2025

ICAI (Aggregation of LLPs) Guidelines 2024: Key Points Effective Date: 23rd January 2025 Purpose: Allows eligible LLPs to combine and operate as a single unit with enhanced capabilities. Eligibility: LLPs with >50% practicing Chartered Accountants as partners. Majority criteria calculated based on both the number of partners and their profit-sharing ratio. Partner LLP can join… Read More »

Empanelment of Chartered Accountant firms/LLPs for the year 2025-2026

By | January 29, 2025

Empanelment of Chartered Accountant firms/LLPs for the year 2025-2026 5th January, 2025   ANNOUNCEMENT OFFICE OF THE COMPTROLLER AND AUDITOR GENERAL OF INDIA 9, DEEN DAYAL UPADHYAYA MARG, NEW DELHI – 110 002 Empanelment of Chartered Accountant firms/LLPs for the year 2025-2026 Online Applications are invited from Chartered Accountant firms/LLPs who desire to be empanelled with… Read More »

Apple iPhone 17 Pro Max

By | January 25, 2025

Apple iPhone 17 Pro Max The iPhone 17 Pro Max is generating a lot of buzz, even though it’s still months away from its anticipated September 2025 release. Here’s what we’re hearing from various sources: Design Sleeker and More Modern: Expect a refined design, possibly with a “visor” camera module similar to Google’s Pixel phones. This… Read More »

ICAI EVENT’S for January and February 2025 for CAs

By | January 25, 2025

ICAI EVENT’S for January and February 2025 for CAs Empanelment of Chartered Accountant firms/LLPs with the O/o C&AG for the year 2025-2026 By: Professional Development Committee Click For Details Extension of last date of CPE hours’ compliance for the Calendar year 2024 – From 31st December, 2024 to 28th February, 2025. By: Continuing Professional Education… Read More »

ICAI defers Peer Review Requirement for Practice Unit covered under Phase III and Phase IV of Peer Review Mandate

By | January 24, 2025

ICAI defers Peer Review Requirement for Practice Unit covered under Phase III and Phase IV of Peer Review Mandate ICAI has deferred the mandatory Peer Review requirement for Practice Units, with Phase III now effective from July 1, 2025, and Phase IV from January 1, 2026. This adjustment aims to enhance service quality and broaden… Read More »

Exposure Draft of Ind AS 118, Presentation and Disclosure in Financial Statements by ICAI

By | January 8, 2025

Accounting Standards Board The Institute of Chartered Accountants of India 6th January, 2025 Exposure Draft of Ind AS 118, Presentation and Disclosure in Financial Statements As you are kindly aware that the Indian Accounting Standards (Ind AS) are based on the IFRS Accounting Standards issued by the International Accounting Standards Board (IASB). In this regard, it… Read More »