ICAI to proceed against Chartered Accountant arrested for GST Evasion

The disciplinary directorate of the Institute of Chartered Accountants of India ( ICAI ) has decided to proceed against the Chartered Accountant arrested in Meerut last day for availing fake input tax credit under the...

ICAI to start E-Hearing in Disciplinary Proceedings from Feb 9

The Institute of Chartered Accountants of India ( ICAI ) is gearing up to cross another milestone in its long historical journey towards technological advancement by adopting the e-hearings in its Disciplinary processes which is instrumental in...

CAs can appear through Video Conferencing during Disciplinary Proceedings: MCA amends Rules [Read Notification]

The Ministry of Corporate Affairs ( MCA ) has amended the rules allowing the Chartered Accountants ( CAs ) to appear before the disciplinary committee of the Institute of Chartered Accountants of India ( ICAI...

ICAI speeds up Pending Disciplinary Matters

The Institute of Chartered Accountants of India ( ICAI ) has constituted one more bench of the board of discipline to fast track all pending cases for inquiry, a senior official said. Chartered accountants’ apex...

Promotion can’t be denied to Income Tax Officer merely because there was a contemplation of Disciplinary Proceedings against him: Delhi HC [Read Judgment]

The Delhi High Court in the case of Union of India and Anr v. Dinesh Singh and Anr held that promotion of an Income Tax Officer cannot be denied merely because there was a contemplation...

AA confirms Punishment to Chartered Accountant for preparing fake Financial Statements [Read Order]

The appellate authority under the Chartered Accountants Act,1949 has recently found a Chartered Accountant guilty for preparing false audit statements for his clients to obtain credit facilities from the Financial institutions. In the instant case,...

IBBI prescribes Norms for Disciplinary proceedings against Insolvency Professionals [Read Circular]

The Insolvency and Bankruptcy Board of India ( IBBI ), on Monday, prescribed the entire procedure to be followed in connection with commencing of the disciplinary actions against the insolvency professionals under the Insolvency and...

ICAI forms Group to Identify Non-Performing Chartered Accountants

The Institute of Chartered Accountants of India (ICAI) has formed a group to study how Government Departments deal with non-performing employees and to identify non-performers in ICAI. The President, in terms of the authority given...

Disciplinary Proceedings can’t be initiated against a Lawyer for the acts not related to Professional Conduct: SC [Read Judgment]

A two-judge bench of the Supreme Court, while quashing the disciplinary actions against a lawyer, observed that no disciplinary proceedings can be initiated against lawyers for their acts unrelated to professional conduct. Justices A K...