ITAT tone down its Remarks Against Chartered Accountants and ICAI

Brief of the case: The ITAT Mumbai disposing off miscellaneous application of ICAI held that the observations made by ITAT were not offensive, thus, cannot be deleted in totality. The same has been misunderstood by ICAI and ,therefore, modified suitably to ensure that the clear message that there is a need of improvement in the overall design of CA course , which ITAT wants to convey reach to ICAI after modification. Read-  Severe fall in standards of CA profession – ITAT Facts of the case: The appeal is being heard on an application made by the Institute of Chartered  Accountants of Indi...