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 Draft Panel for Appointment/ Re-appointment of Statutory Auditors of State Co-operative Banks (Stccbs) and Central Co-operative Banks (Ccbs) for the Year 2025-26.
 Commencement of Live Virtual Classes for the students of CA. Final course appearing in May 2026, September 2026 and January 2027 Examinations.
 Information Systems Audit - Assessment Test (ISA - AT), July 2025
 Advanced ICITSS -Adv. Information Technology Test Computer Based Mode (CBT) Schedule May, Jun, Jul, Sep, Oct, and Nov 2025
 Auditing and Assurance Standards Board Online Panel of Experts for addressing Bank Branch Audit related queries
 Results of the Chartered Accountants Intermediate and Foundation Examinations held in January 2025 declared.
 Invitation for contribution to Question Bank in respect of Self-paced Online Module Examinations (Set-A, B, C & D)
 Will deadline for income tax filing change in the new Income Tax Bill?
 Result of the Chartered Accountant Final Examinations held in November 2024 is likely to be declared on Thursday, the 26th December 2024 (Late evening) - (20-12-2024)
 Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) Adv. Information Technology Test - Computer Based Mode (CBT) Dec 2024 Jan-Feb-Mar 2025
 Re-Scheduling of Chartered Accountants Examination scheduled to be held on 13th November 2024 (Wednesday) at the Examination Centre(s) at Hazaribagh (Jharkhand), Jamshedpur (Jharkhand), Ranchi (Jharkhand), Raipur (Chhattisgarh) and Jhunjhunu (Rajasthan)

Exposure Draft - 'Guidance Note on Reports on Audit under Section 12A/10(23C) of the Income-tax Act,1961' for Public Comments
April, 30th 2024
Direct Taxes Committee
The Institute of Chartered Accountants of India
29th April, 2024

Sub: Exposure Draft - 'Guidance Note on Reports on Audit under Section 12A/10(23C) of the Income-tax Act,1961' for Public Comments

In October, 2023, the Direct Taxes Committee had come out with a Technical Guide on “Reports of Audit under section 12A/10(23C) of the Income-tax Act,1961”. This year, we propose to come out with a “Guidance Note on Reports on Audit under Section 12A/10(23C) of the Income-tax Act,1961” for the benefit of the members, taking the Technical Guide as the base document. Accordingly, the Exposure Draft - ‘Guidance Note on Reports on Audit under Section 12A/10(23C) of the Income-tax Act,1961’, has been issued for public comments. The Exposure Draft can be accessed at the link https://resource.cdn.icai.org/80016dtc64148.pdf

Invitation to Comment

Comments are invited on any aspect of this Exposure Draft. Comments are most helpful if they indicate the specific clause of the relevant form/specific paragraph or group of paragraphs to which they relate, contain a coherent rationale, and provide a clear suggestion for the change. Also, comments may be in the form of supplementing any para in the Exposure Draft with any latest relevant case law of any High Court or the Supreme Court.

How to Comment?

The comments on the above mentioned Exposure Draft may be sent at the following link https://docs.google.com/forms/d/e/1FAIpQLSdew-xwPW2mJfeNPZSAj9jreGIc_bUOCTb-N3BSlf9_9aOIKQ/viewform?usp=sf_link latest by 29th May, 2024.

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