Category Archives: ICAI

MEF 2016-17 Clarification posted by ICAI

By | November 8, 2016

PD/A-40/2016                                                                                                                                    6th October, 2016 ANNOUNCEMENT – CLARIFICATIONS IN RESPECT OF MEF 2016-17 Applicants of MEF who are (i) Applying as “Proprietary Concern” and also having Sole/Individual practice registered in Institute’s records (ii) Applying as “Individual” (either Sole/Individual practice registered or not in Institute’s records) though they are also having Proprietary Concern (iii)Applying as Proprietor and… Read More »

ICAI asked members to update PAN Details

By | November 7, 2016

Update PAN Details. Only required for Practicing Members This refers to the earlier announcements of ICAI regarding the updation of PAN details by the members in the Institute’s records to avoid blocking of e-filing account by the Income Tax Department. Inspite of the earlier said announcements and reminder emails sent from time to time, it… Read More »

Infrequent number of sales or insignificant in value used in AS 109 -ICAI clarify

By | November 3, 2016

FAQ on Elaboration of terms ‘infrequent number of sales’ or ‘insignificant in value’ used in Ind AS 109 Question Ind AS 109, Financial Instruments, requires an entity to classify financial assets on the basis of the entity’s business model for managing the financial assets. In this regard, under a business model whose objective is to… Read More »

Dividend Distribution Tax -FAQs clarified by ICAI

By | November 3, 2016

Frequently Asked Questions (FAQs) regarding Dividend Distribution Tax This FAQ on Dividend Distribution Tax has been issued by the Accounting Standards Board (ASB) of the Institute of Chartered Accountants of India (ICAI). The purpose of this FAQ is to illustrate and to assist in clarifying the requirements regarding treatment of Dividend Distribution Tax Question: What… Read More »

ISA AT December 2016 Exam Announcement by ICAI

By | November 2, 2016

2nd November, 2016 IMPORTANT ANNOUNCEMENT Subject: Information System Audit – Assessment Test (ISA – AT), December 2016 Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) (which is open to the members of the Institute) will be held on 24th December, 2016 (Saturday) from… Read More »

Observations of candidates on question papers of CA Nov 16 exam

By | November 2, 2016

Observations of the candidates on the question papers of CA examinations-November, 2016. – (01-11-2016) 1st November, 2016 It is hereby informed that candidates can bring to the notice of the Examination Department, their observations, if any, on the question papers relating to CA Examinations being held in November 2016, by e-mail at examfeedback@icai.in or by… Read More »

Research work applications invited by ICAI

By | October 27, 2016

National Economic Advisory Committee of ICAI invites applications for the research work. – (26-10-2016) In terms of the authority given to the President by the Council at its 351st meeting held on 12th February, 2016, the President has constituted a new Non-Standing Committee i.e. the National Economic Advisory Committee whose main function is to conduct… Read More »

ICAI hosted Exemption(s) in CA inter and Final Paper valid for Nov 16

By | October 18, 2016

Institute of Chartered Accountants of India Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for November 2016 – (15-10-2016) Re: Hosting of exemption(s) in a paper granted in Intermediate and Final examinations, valid for November 2016. Exemption(s) in a paper(s) are granted to candidates of Intermediate and Final examinations, in… Read More »

ICAI Clarifications on Certified copies of CA Exam answer books

By | October 18, 2016

Institute of Chartered Accountants of India Clarifications regarding exemptions in a paper(s) in CA Examinations 17.10.2016 Certified copies of answer books in respect of CA examinations are being made available to those candidates who apply for the same, under the scheme formulated for the purpose. It is seen that upon receipt of certified copies of… Read More »

Web portal for Senior Members of ICAI for flexi working hours assignment

By | October 15, 2016

ICAI initiative for creating a portal for Senior Members of ICAI www.seniormembers.icai.org A portal for Senior Members of ICAI www.seniormembers.icai.org: An Initiative of the Committee for Capacity Building of CA Firms and Small & Medium Practitioners, ICAI The Committee has developed a website namely seniormembers.icai.org. The website provides a platform for senior members of ICAI… Read More »