Category: Chartered Accountants
ICAI removes name of Hyderabad CA for three months for issuing wrong turnover certificate for participating in tender. Appellate Authority upheld the punishment ABCAUS Case Law Citation: ABCAUS 2224 (2018) (02) CA-AA The appellant CA had challenged the decision of the Disciplinary Committee of the IVAI in holding …
ICAI bans delhi based CA for 6 months for certifying non-existent share premium amount of the company to the bank based on Board Resolution only The Institute of Chartered Accountants of India (ICAI) has removed the name of a Delhi based chartered accountant (CA) from the Register of …
Supreme Court direct Govt to constitute Committee to suggest changes in Law to discipline and regulate Multi-National Accounting Firms like PWC. ABCAUS Case Law Citation: ABCAUS 2221 (2018) (02) SC The petitioner had approached the High Court of Karnataka seeking investigation against Multi-National Accounting Firms (MAFs) and Indian …
CBEC calls names of CAs not cooperating with the Department in filing GST TRAN-1 data. Is it true that the Government/Bureaucracy considers CAs as Govt. Servant? Overly frustrated with the non co-operating clients not turning up in due time with proper data and documents, now Taxman may be knocking …
Chartered Accountant though not public servant can be prosecuted under Prevention of Corruption Act as it covers persons other than the public servants- High Court ABCAUS Case Law Citation: ABCAUS 2088 (2017) (10) HC The Challenge/Grievance: The Petitioner was a chartered accountant who was aggrieved by the order …
Bank of Maharashtra online recruitment of 100 Chartered Accountants. Last Date for making online application is 17-10-2017 Bank of Maharashtra online recruitment of 100 CAs (1) Probation and Service Bond: The selected candidate will be on probation for a period of 24 months and would be required to execute a …
Practicing CA can not enroll as Advocate with Bar Council to practice Law. Riding on two horses in two profession, cannot be accepted – Gujarat High Court ABCAUS Case Law Citation: ABCAUS 2060 (2017) (09) HC Brief Facts of the Case: The present petition was filed by …
CA made co-accused for preparing false projected financials for bank loan, High Court declines to interfere in criminal prosecution though CA was absolved by Disciplinary committee of ICAI ABCAUS Case Law Citation: ABCAUS 2058 (2017) (09) HC The Issue: Whether the exoneration of the Chartered Accountant (CA) …
CA held guilty of misconduct not detecting fraud in bank concurrent audit, served with penalty of severe reprimand – Delhi High Court ABCAUS Case Law Citation: 983 2016 (08) HC Date/Month of Judgment: August 2016 The indictment: It was alleged by the bank that the respondents chartered accountant had …
The Kerala High Court has stayed disciplinary proceedings for conducting tax audit in excess of limits prescribed by ICAI Guidelines for member chartered accountants from time to time IN THE HIGH COURT OF KERALA AT ERNAKULAM Present: THE HONOURABLE MR. JUSTICE P.B.SURESH KUMAR Wednesday, the 3rd day of August …