Govt Likely to Notify NFRA in January: CAs to face Criminal Action & Bigger Fines for Financial Crimes
The new year would not be so good for the Chartered Accounts in the country as the Government may notify the National Financial Reporting Authority (...
CAs, though Not Public Servants, can be Prosecuted under Prevention of Corruption Act, says Karnataka HC [Read Judgment]
The Karnataka High Court, in a significant ruling, held that a Chartered Accountant (CA), though not a public servant can be prosecuted under the provisions of the Prevention of Corruption Act. ...
Allahabad HC confirms Misconduct by CA for using Name in the Prospectus to Mislead Investors after Resignation from Company [Read Order]
While confirming the recommendation of the ICAI Disciplinary Committee to suspend a Chartered Accountant for three months, a division bench of the Allahabad High Court held that using the name of a...
Acquittal of CA by ICAI Disciplinary Committee can’t be a Ground for Escaping Prosecution under PMLA: Calcutta HC [Read Judgment]
In a significant ruling, the Calcutta High Court held that the fact that the Chartered Accountant was exonerated from the offence of professional misconduct by the disciplinary committee of the...
Data Retrieved from the Laptop of CA cannot be used as an Incriminating Material against Assessee: CESTAT [Read Order]
The CESTAT, Chandigarh in Mahalaxmi Distilleries v. CCE, Rohtak, held that the data retrieved from the laptop of the Chartered Accountant (CA) cannot be a sole basis for demand against the assesse...
![Data Retrieved from the Laptop of CA cannot be used as an Incriminating Material against Assessee: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/08/Laptop-of-Chartered-Accountant.jpg "Data Retrieved from the Laptop of CA cannot be used as an Incriminating Material against Assessee: CESTAT [Read Order]")