CA Professional Misconduct: ICAI removes Chartered Accountant from Its Roll for Two Years [Read Notification]
The Institute of Chartered Accountants of India (ICAI), the regulatory body of Chartered Accountants in India, as part of its move to stringent actions against the errant members, has removed the name of a CA
BCI constitutes Committee to Review its Recent Amendment regarding Professional Misconduct
The Bar Council of India (BCI) constituted the Committee to Review its recent amendment regarding Misconduct. The BCI said that the committee is constituted to address concerns expressed by some members of the Bar. The
Full-time Employment as CFO while holding Certificate of Practice is Professional Misconduct: ICAI reprimands Chartered Accountant
The Institute of Chartered Accountants of India (ICAI) has rebuked Chartered Accountant Abhay Batra for taking up a full-time position as Chief Financial Officer (CFO) while concurrently holding a Full-time Certificate of Practice (CoP). This
Chartered Accountant found Guilty of Misconduct for not carrying Out Audit Properly [Read Order]
The Appellate Authority has recently confirmed an order of the disciplinary committee awarding punishment to a Chartered Accountant for committing negligence in carrying out audit while applying for bank loans for his client. The Appellant
ICAI finds IL&FS Auditors ‘Prima facie Guilty’ of Professional Misconduct
The Institute of Chartered Accountants of India ( ICAI ) has reportedly found the statutory auditors of Infrastructure Leasing and Financial Services (IL&FS) Ltd “prima facie guilty” of professional misconduct, The Hindu Business Line reported.
ICAI Disciplinary Committee finds 13 Chartered Accountants Guilty of Professional Misconduct [Read Orders]
The Institute of Chartered Accountants of India (ICAI) Disciplinary Committee finds 13 Chartered Accountants Guilty of Professional Misconduct namely CA. K.V.Shankaran, CA Haresh Ramji Joshi, CA Nitin Madhusudanji Mantri, CA. Naresh Batra, CA. S. Shankar,
Chartered Accountant held guilty for Misconduct for arranging Bogus Bills through Dummy Concerns and Charged Commission [Read Order]
The Appellate Authority has recently upheld the order of the Board of Discipline of the Institute of Chartered Accountants of India and held that the Chartered Accountant involved in arranging bogus bills through dummy concerns
ICAI finds 8 Chartered Accountants Guilty of Professional Misconduct [Read Notifications]
The Institute of Chartered Accountants of India (ICAI) found 8 Chartered Accountants (CA) Guilty of Professional Misconduct. The Disciplinary Committee has held CA. Krishan Kumar Singhal guilty of Professional Misconduct falling within the meaning of
Kerala High Court dismisses Income Tax Officers Plea to nullify Misconduct Proceedings [Read Judgment]
The Kerala High Court last week dismissed a petition by the Commissioner of Income Tax (Appeals) wherein the officer pleaded to nullify the order of the Ernakulam Central Administrative Tribunal initiating misconduct proceedings against him
ICAI removes 4 Chartered Accountants for Professional Misconduct and Failure to Pay Fine [Read Notification]
The Institute of Chartered Accountants of India (ICAI) has recently taken action against four Chartered Accountants (CAs) for professional misconduct and failure to pay fines within the stipulated time. One CA in Lucknow was removed
New Members appointed to Appellate Authority to hear CA, CS, Cost Accountants Misconduct Cases [Read Notification]
The Central Government has appointed new members to the Appellate Authority to hear and dispose the cases relating to professional misconduct of Chartered Accountants, Company Secretaries and Cost Accountants. The Appellate Authority is established by
Chartered Accountant found Guilty of Misconduct for incorporating Company without permission of ICAI [Read Order]
The Appellate Authority has recently held that the incorporation of a Company by Chartered Accountant with 90% Shares without the prior permission of the Institute of Chartered Accountants of India (ICAI) can be professional misconduct.
DG DGPM demands Action against Superintendent in GST Commissionerate, Bhubaneswar for Misconduct
The Director General, at Directorate General of Performance Management (DG, DGPM) at New Delhi, in a complaint against the Superintendent, GST Commissionerate Puri requested that action be taken against him for undue demand to show
IBBI punishes Insolvency Professional for violation of Code, Directs to Undergo Pre-registration Educational Course [Read Order]
The Insolvency and Bankruptcy Board of India ( IBBI ) has imposed a penalty equal to one hundred percent of the total fee payable to him as IRP and as RP in the CIRPs on
ICAI finds CA Guilty of Misconduct on Non-Mentioning of Absence to keep Books of Accounts and Registers by Society in Audit Report [Read Order]
The Institute of Chartered Accountants of India (ICAI) found Chartered Accountant (CA) guilty of misconduct on non-mentioning of absence to keep books of accounts and registers by society in Audit Report. The Committee noted that