Finance Ministry Appoints Director of Financial Intelligence Unit as Nodal Officer u/s 13 of PMLA [Read Notification]
The Ministry of Finance issued Notification No. S.O. 32(E) Dated January 3, 2025, announcing the appointment of the Director of Financial...
Failure to Perform Professional Duties by Concurrent Auditor of UCO Bank during Period of Audit: ICAI Reprimands CA [Read Order]
The Institute of Chartered Accountants of India (ICAI) reprimanded a Chartered Accountant (CA) on the ground of failure to perform professional duties by concurrent auditor of the UCO Bank during the...
Gross Negligence in Treating Work in Progress Received as Capital: ICAI Imposes Fine of Rs 25,000 on CA [Read Order]
The Institute of Chartered Accountants of India imposed a fine of Rupees 25,000 on a Chartered Accountant on the ground of gross negligence in treating work in progress received as capital. The...
![Gross Negligence in Treating Work in Progress Received as Capital: ICAI Imposes Fine of Rs 25,000 on CA [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Gross-Negligence-in-Treating-Work-in-Progress-Capital-ICAI-Imposes-Fine-of-Rs-25000-on-CA-Work-in-Progress-ICAI-CA-taxscan.jpg "Gross Negligence in Treating Work in Progress Received as Capital: ICAI Imposes Fine of Rs 25,000 on CA [Read Order]")
Tax Auditor Holding Interests and Business Relations with Entities having Business Connections with Company Guilty of Misconduct: ICAI [Read Order]
The Institute of Chartered Accountants of India (ICAI) observed that Tax Auditor holding interests and business relations with entities having business connections with company is guilty of...
Casual Approach of CA in Not Attending Proceedings on Allegation of Forged Signature amounts to Professional Misconduct under CA Act: ICAI imposes Fine [Read Order]
The Institute of Chartered Accountants of India (ICAI ) imposed a fine on Chartered Accountants (CA) and held that the casual approach of Chartered Accountant (CA) in not attending proceedings on the...
Accepting Appointment as Auditor without Complying with Requirements under Companies Act: ICAI Reprimands CA for Professional Misconduct [Read Order]
The Institute of Chartered Accountants of India (ICAI) reprimands Chartered Accountant (CA), Ashish Anand Pathak for professional misconduct on the ground of accepting appointment as Auditor without...
Sanctions Loans on basis of Fake ITR and Partnership Deed: ICAI reprimands CA guilty of Professional Misconduct during Bank Audit
The Institute of Chartered Accountants (ICAI) Disciplinary Committee found that the Chartered Accountant (CA) V. Kandasamy was guilty of professional misconduct during the bank audit. The CA failed...
New Draft to amend Chartered Accountants Regulations, 1988: Substitutes Form 1 and Inserts Form 1A under Schedule A [Read Notification]
The Institute of Chartered Accountants of India (ICAI) has released a draft of proposed amendments to the Chartered Accountants Regulations, 1988, vide notification No. 1-CA(7)/208/2023 published on...
