Tag: ICAI Disciplinary Proceedings
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 …
ICAI jurisdiction in disciplinary proceedings is confined to Show-Cause Notice. It can not ask response on applicability of Income Tax Act, FEMA, Benami Act, Prevention of Money Laundering Act, etc. ABCAUS Case Law Citation: ABCAUS 2254 (2018) (03) HC The Serious Fraud Investigation Office (SFIO) lodged a complaint …
Government Nomination on the Bench II and Bench III of the Disciplinary Committee The Ministry of Corporate Affairs has nominated the following persons on the Bench – II and Bench III of the ICAI Disciplinary Committees under the provisions of Section 21B of the Chartered Accountants Act, …
Disciplinary proceedings against managing committee of ICAI Chandigarh Branch stayed by P&H High Court in a case of democratic selection of branch chairman. This indeed puts a question mark on the endeavour of ICAI in upholding the democratic principles enshrined in the Chartered Accountants Act, 1949 and rules governing it. …
Disciplinary action against CA giving forged service tax challan to client by diverting cheques received from client for deposit of service tax with the hep and connivance of bank staff. Proceedings remanded back to ICAI by the High Court. ABCAUS Case Law Citation: 998 2016 (08) HC Date/Month …
The Kerala High Court has stayed disciplinary proceedings for conducting tax audit in excess of limits prescribed by ICAI Guidelines for member chartered accountants from time to time IN THE HIGH COURT OF KERALA AT ERNAKULAM Present: THE HONOURABLE MR. JUSTICE P.B.SURESH KUMAR Wednesday, the 3rd day of August …
In ICAI Disciplinary Proceedings, power of attorney holder has no independent locus, he cannot insist on continuance as the attorney for the principal. Delhi High Court ABCAUS Case Law Citation: 977 2016 (07) HC Date/Month of Judgment : July 2016 Brief Facts of the Case: In the present …
