« Top Headlines » Open DEMAT Account in 24 hrs  Mock Test Papers Series - I & II for Students appearing in CA Foundation January 2027 Examination.  Income Tax Rules 2026: CBDT Introduces Revised Form 161 for Penalty Waiver, Clarifies Misreporting Categories and Taxpayer Relief  ITR Filing and Income Tax Audit Deadline Extended: 5 Critical Things Taxpayers Must Know  Filing Belated ITR for AY 2026-27? Know Which Losses You Can Carry Forward and Which You May Lose  CBDT Extends Tax Audit Report Deadline to October 21, ITR Filing Last Date to November 21 for AY 2026-27  CBDT Extends AY 2026-27 ITR Filing Deadline for Tax-Audit Cases: New Dates and Key Compliance Details  Foreign Assets Missing From Your ITR? Income Tax Department Opens One-Time Disclosure Window  Tax Audit Deadline September 30: Why AIS, TDS and GST Figures May Not Match Your ITR and What Taxpayers Should Do  Tax audit deadline September 30: Common mistakes taxpayers should avoid  Your ITR says ‘verified’, but the refund hasn’t arrived? 5 reasons why your money could be stuck  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money «  I-T to scan filings of builders with Rs 5cr sales... I-TD scans builders with Rs 5-cr biz... » Paper leaks, ICAI test off August, 06th 2007 The common proficiency test (CPT) conducted by the Institute of Chartered Accountants of India (ICAI) today morning was cancelled later in the day owing to a paper leak at two examination centres. News of the paper leak broke in the morning when the exam had already started. The exam, however, continued for the second session. An emergency meeting of the examination as well as the executive committee called by ICAI President Sunil Talati later decided to cancel the examination and rescheduled it for August 26. CPT is the entrance examination for those aspiring to be chartered accountants and is conducted by the ICAI, the regulatory body for the profession. Leak of the question paper of one of the toughest exams in the country had created panic among examinees in the morning. The leak, as of now, has been detected at only two centres. Talati had earlier said the examination would be reconducted at the two centres if the leak was confined to them. However, the ICAI cancelled the entire examination as a leak from other centres was not ruled out. We are shocked and will look into the incident thoroughly, said Talati. We will find out about it in detail. The decision will impact around 82,000 students who took the test today, at 203 centres both in India and abroad. The examination centres abroad include those in Abu Dhabi and Kathmandu. A high-powered committee has been appointed to investigate the matter and take preventive measures. Talati said the credibility of the examination was at stake and strict action would be taken against the offenders. According to sources, the institute spends around Rs 200 per student in conducting the examination, which means a direct revenue loss of Rs 1.64 crore. Apart from this, there is indirect expenditure. However, the concern is only the reputation of the institute, he said. Talati alleged the involvement of the centre superintendent and clarified that the person concerned was deputed from the centre where the exam was scheduled. He has nothing to do with the ICAI. But in case any involvement from the institute is detected, we will take strict action, he said.