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/- |
Since TDS statements are filed on a quarterly basis, the computation of limitation for treating assessee in default u/s 201…
Pillar Two model rules - MCA has notified the Companies (Accounting Standards) Amendment Rules, 2026 to amend Accounting Standard (AS)…
No addition can be made on the basis of the statement recorded during survey u/s 133A from the husband who…
Satisfaction note u/s 153C should be prepared for each Assessment Year mentioning the documents seized in respect of each AY.…
A Writ Petition should be filed within a reasonable period, High Court dismissed Petition challenging order passed u/s 119(2)(b) In…
Excel Form 10E-Salary Arrears Relief calculator AY 2026-27 (FY 2025-26) for claiming rebate under section 89(1) of Income Tax Act…