ICAI bans a chartered accountant for doing audit in excess of prescribed numbers
The Disciplinary Committee of the ICAI has held CA. Deepak Kedia (Membership No. 029842), BENGALURU, guilty of Professional Misconduct.
Previously, the ICAI had taken action in terms of the provisions of Section 21B(3) of the Chartered Accountants Act, 1949 read with Rules 18(17) and 19(1) of the Chartered Accountants (Procedure of Investigations of Professional and Other Misconduct and Conduct of Cases) Rules, 2007.
As per the action taken, a fine of Rs. 1000/- for each case of audit conducted in excess of the number stipulated in the Guidelines which comes to Rs. 4,72,000/- had been imposed. and in case of failure to deposit the fine within the stipulated time i.e. 3 months, his name should be removed from the Register of Members for a period of one month.
However, in view of the failure of the said Chartered Accountant to deposit the imposed fine in terms of the Regulation 18 of the Chartered Accountants Regulations, 1988, has removed the name of CA. Deepak Kedia from the Register of Members for a period of one month with effect from 11th January, 2022.
Read ICAI Order Click Here >>
CPC order u/s 143(1) is appealable and hence the doctrine of merger with order u/s 143(3) do not arise -…
Under GST Act, there is no specific provision which bounds selling dealer to disclose route to be taken during transportation…
Restrictions on use of words Nidhi Limited unless declared as such under section 406(1). Nidhi (Amendment) Rules 2024 MINISTRY OF…
MCA prescribes period and fee for updating of Directors personal mobile number or email address by e-form DIR-3 KYC MINISTRY…
Integrated Services from NIC-IRP e-invoice-1 and e-invoice-2 Portals GSTN has informed that NIC is releasing the integrated services from e-invoice-1…
The Companies (Significant Beneficial Owners) Amendment Rules, 2024. MCA amends Form No. BEN-2 Return to the Registrar under section 90…