ICAI bans five CAs found guilty of Professional misconduct
The Disciplinary Committee of ICAI has found the following five chartered accountants guilty of Professional Misconduct 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.
The period of removal of name of the members and punishment is as under:
| SL. No. | Name and Membership No. | Period of Removal | Fine imposed (Rs.) |
| 1. | CA. Hrushikesh Vinayak Deodhar (Membership No. 125625 |
2 Years | 50000/- |
| 2. | CA. Vishnu Kant Gupta Membership No. 405904 |
7 days | 10000/- |
| 3. | CA. Murali Manohar Lakhotia Membership No. 20870 |
1 Year | 25000/- |
| 4. | CA. Ketan Ramji Bhanderi Membership No. 125428 |
3 months | – |
| 5. | CA. Shamit Tridash Majmudar Membership No. 010595 |
3 Years | 100000/- |
When goods are loaded in two trucks with one e-way bill specifically mentioning both truck numbers, no intention to evade…
GOI makes four new Labour Codes effective from 21st November 2025 Government of India has announced that the four Labour…
Provident fund dues definitely have a first charge over claim of bank under SARFAESI Act – Supreme Court In a…
CBDT notifies the Capital Gains Accounts (Second Amendment) Scheme, 2025 MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT…
Uttar Pradesh Government has notified reduced / concessional rate of registration and stamp duty fees on lease / rent agreements.…
First-time experience in filing appeal was a reasonable and bona fide cause for delay – ITAT condoned delay In a…