Every act of a CA cannot be termed as act in professional capacity

CA Saurabh Chokhra Every act of a Chartered Accountant cannot be considered as an act done in professional capacity Brief of the case: The Hon’ble Delhi HC in the above cited case held that acts performed by Chartered Accountant in professional capacity only to be examined to check for professional misconduct and not each and every illegal , unworthy act or mischief cannot be considered as performed as professional. Therefore, an act of encashing dividend by cheating transferee is purely a commercial transaction in individual capacity and not in professional capacity, thus , such an un...