ICAI launches a separate website for its disciplinary function / mechanism
Institute of Chartered Accountants of India (ICAI) has launched a separate website for its disciplinary function.
The digitisation of disciplinary function of the ICAI is a welcome step. The said portal separately deals with disciplinary mechanism and contains following information
1. Disciplinary Mechanism including its three limbs namely Director (Discipline), Board of Discipline (the Board) and Disciplinary Committee (The committee) and the procedures adopted by them in carrying out disciplinary functions.
2. Details of meetings held by the Board and the Committee (March 2020 onwards)
3. Relevant Acts, Rules and Regulations
4. Code of ethics – Existing Code of Ethics 2009, Code of Ethics, 2019 Volume-I applicable w.e.f. 1.7.2020 and Code of Ethics, 2020 Volume-III applicable w.e.f. 1.7.2020
5. Cause Lists and Orders of the Board and the Committee – Currently orders/reports of the committee are available from FY 2015-16 onwards.
6. The portal also contains the provision for filing online complaint.
- Non- payment of cost imposed can’t trigger automatic confirmation of an invalid exparte assessment.
- Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT
- Last date to submit MEF 2026-27 extended to 09.09.2026
- Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand
- Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts
