ICAI bans two Chartered Accountants for Professional Misconduct
| CA details | Punishment given | Notification |
| CA. Basudeb Mukhopadhyay (Membership No. 053104), 3A,Chowringhee Place, 2nd Floor, Room No. 86, Kolkata 700 013 | Name removed from the Register of Members for a period of 04 (Four) years with effect from 16th June, 2023 | Download Notification Click Here >> |
| CA. Subodh Kumar Maheshwari (Membership No. 071569), Sankalp, E-5/10, Opposite Habibganj Police Station, Arera Colony, Bhopal (Madhya Pradesh) 462016 | Name of removed from the Register of Members for a period of 1 (one) year with effect from 16th June , 2023 | Download Notification Click Here >> |
- Jewellery purportedly received from grandparent under Will added as unexplained credits
- SC lays down tests to determine if a debt is financial debt or operational under IBC
- Commonality of directors of companies does not mean deposits received was bogus
- Application though named as rectification but if tax is not legitimate, it also touches merit: HC
- Cost of acquisition as on 01.04.1981 taken as per valuer report by reverse indexing of FMV
