Lapses in Audit: ICAI Disciplinary Committee orders removal of CA from Roll for 1 Month and 1 Lakh Penalty

The investigation had revealed discrepancies in the company's records, including a lack of proper stock registers for livestock
Lapses in Audit - ICAI Disciplinary Committee - ICAI - CA Professional misconduct - taxscan

The Institute of Chartered Accountants of India ( ICAI ) has taken disciplinary action against a Chartered Accountant ( CA ) for failure to adequately address the identified discrepancies in the company records found during audit. The case originated from a complaint filed by A.K. Mahala, Deputy Commissioner of Income Tax (DCIT), against Chartered Accountants…

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