Tag: ca misconduct
ICAI Professional Misconduct order quashed on the issue of limitation period on entertaining complaint or information and remanded back to the Disciplinary Committee ABCAUS Case Law Citation: ABCAUS 2607 (2018) (11) AA Important Case Laws Cited/relied upon: Sunderdas Thakersey and Brothers V/s P K Mukherji, AIR 1966 Cal 468 Kishori …
NFRA power to investigate CA misconduct effecive from 24.10.2018. MCA notifies the relevant provisions of sections 132 of the Companies Act, 2013 The Ministry of Corporate Affairs has notified 24th October, 2018 as the date on which the sub-sections (2), (4), (5), (10), (13), (14) and (15) of section …
Appellate Authority quashes misconduct order against two chartered accountants who were held guilty on the basis of sting operation by Aaj Tak News Channel as “Jugadu Mechanic Part-3” on black money conversion. Serious concerns was expressed over the casual and careless manner in which these matters were decided by …
CA held guilty of misconduct by not obtaining bank confirmation by exercising due diligence when fake statement was only a printed paper with no signatures or seal ABCAUS Case Law Citation: ABCAUS 2572 (2018) (10) AA Important Case Laws Cited/relied upon by the Appellant: Council of Institute of …
Ignoring new reporting requirements of Form 3CD was misconduct by the CA being grossly negligence in the conduct of his professional duties – Appellate Authority ABCAUS Case Law Citation: ABCAUS 2504A (2018) 09 AA In the instant case, the Disciplinary Committee of the Institute of Chartered Accountants of …
CA held guilty of misconduct for arranging bogus bills and charging commission. CIT (A) had upheld the addition of commission in the hands of CA ABCAUS Case Law Citation: ABCAUS 2459 (2018) 08 AA The appellant chartered accountant (CA) was held guilty of by the Institute of Chartered …
Non reflection of NPA assignment in balance sheet of borrower not misconduct as it was of no relevance either for true and fair view or disclosure ABCAUS Case Law Citation: ABCAUS 2458 (2018) 08 AA The appellant chartered accountant (CA) was aggrieved by the Report and Order passed …
CA upheld guilty of certifying fake balance sheet for obtaining loan-credit facility. No satisfactory working papers were found. Ban of one year and fine also upheld ABCAUS Case Law Citation: ABCAUS 2399 (2018) 07 AA As per the complaint of the CBI to the Institute of Chartered Accountants …
ICAI bans CA guilty of professional misconduct, removes name from the Register of Members for one year for non exercising due diligence/grossly negligent THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA (Set up by an Act of Parliament) NOTIFICATION New Delhi, the 15th June, 2018 (CHARTERED ACCOUNTANTS) No. PR-52/10-DD-72/10/DC/315/2014.—In …
Cost Accountant misconduct for claiming Bogus TA Bills. Appellate Authority stayed the punishment due to lack of enquiry and examination by the Disciplinary Committee The allegation against the guilty cost accountant was levelled by another cost accountant alleging defalcation of funds of Eastern India Regional Council (EIRC) of …
