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Shaifaly Girdharwal

Shaifaly Girdharwal

Dear Aaj Tak Team,

You did a great job by conducting a successful sting operation of some CA’s converting the black money to white. But the painful thing was the word CA used so many times in a way as if the entire CA community is engaged in this black to white transaction. Let me make it clear when you use word CA , it means every CA. You can’t accuse every CA of money laundering. I am also a CA and I challenge you to prove that even a small percentage of CA’s are engaged in this kind of transaction. I would like to condemn this approach. How one or two or ten CA’s can represent the entire CA community? We spend half of our life in studies and analysing the provisions for its proper implementation. No change in any statute can survive without our support. CA is the name of proven integrity. In September every year when other people start shopping for Diwali we spend our entire night in office to complete the filing work of our clients as per the requirement of the Law.

Two of the ministers Mr. Suresh Prabhu and Mr. Piyush Goyal belong to CA community as you can vouch their efficiency in their respective ministries. Just because one or two or may be 10-20 are engaged in conversion of black money to white you have no rights to blame our entire community. I hereby seek your apology to entire CA community. Some of your media person also takes bribe. Greed, bribe are personal choices of any person. It is utterly wrong to connect it to their caste, creed, religion and profession. It is an insult to all hard working CA’s.

No corporate can work without the guidance and support of a CA. Even when government seek compliance of their statutes they also rely on the signature.

Do you know we are the only institution having such a strict code of conduct and our respected institute ICAI itself remove the members engaged in any misconduct?

Do you know we can’t even advertise or solicit any business?

Do you know when a CA resigns from any company; other member can’t accept that assignment without asking the reason for resignation of existing member?

Chartered Accountant & CA are not only mere words for us. We wear this two letter in our names. This is the respect we earn by hard work when we are students and even when we are qualified. You have no rights to raise finger on the credibility of our community. I would like to strongly ask you to offer an apology for this and rectify your news in a way without highlighting or targeting the word Chartered Accountant or CA.

Hope you will not make this a question of ego and power. But this is your chance to set an example for sincere reporting for yourself and other news media houses.

Also Read-

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Delhi VAT : Regarding Sting operation by news channel “Aaj Tak”

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144 Comments

  1. Hari says:

    I agree with the author. Hoping ng that institute will take proper action against the accused. Dear shaifali mad’m, please don’t link diwali celebration with tax audit. We are doing our job.

  2. Hari says:

    I agree with the author. Hoping ng that institute will take proper action against the accused. Dear shaifali, please don’t link diwali celebration with tax audit. We are doing our job.

  3. KS says:

    The author seems to have no worldly experience regarding her own profession. Every investigation regarding tax evasion by IT department or for money laundering by ED has brought into light the role played by CAs in evasion of taxes and laundering of money. This is peculiar because each of such cases have been audited. Further the CAs auditing the accounts of the client even knowing that such books of accounts are cooked does not do anything about it. The number of CAs who in one form or other, directly or indirectly have helped their clients in tax evasion is very large and not in single digits as suggested by the author.

  4. manoj sharma says:

    Our prime minister sir has himself accepted the role of CAs in building New India. Presentation of AAJ TAK on our community is exceptionally unfortunate. AAJ TAK should ask for unconditional apology.

  5. Nageswara Rao G says:

    It seems that the Members involved to be limited to their personal nature no relevance to tag with entire CA paternity
    Well Said done great Job

  6. S.K.PATEL says:

    Saifaly,
    I also request you to write to The Institute of Chartered Accountants of India to take STRICT ACTION against chartered accountants which are shown in the media. Are they not guilty ? Why proceedings of Professional Misconduct should not be initiated against them? Not punishing guilty amounts to punishing honest members.
    So please write to the President and Council Members of the Institute of Chartered Accountants of India

  7. S.K.PATEL says:

    Letter of SHAIFALY supporting the C.A. profession is welcome. But let me say that Institute of Chartered Accountants of India is working under very old Act of 1949 and 1988 rules which requires to be modified. Time has changed and according to time we must change the laws and rules. Why Institute of chartered accountants is not taking SUO MOTO action the chartered accountants which are named by the media and shown? There are chartered accountants who has been convicted for CONTEMT of COURT by Hon. High Courts and for PERJURY as well. No action is taken against them. There are chartered accountants who have shown willingness to become APPROVER in serious cases of Money Laundering. Why Institute of C.A. silent? What happen to the auditors of Jignesh Shah”s companies? The public image has considerably gone down in recent time. You can not defend someone for the sack of defending. Even ITAT of Bombay has also made adverse remarks against c.a.few years ago. C.AS and Institute of C.A. must take all the necessary steps to improve the image by removing C.AS who are found of on the other side of the law. Media may have exceeded the limit but they have expose the reality

  8. Anil H Khushalani says:

    Well said and we as a whole ca fraternity who works honestly respect to your brave and true words and appreciate for it. Congrats.

  9. MANOJ JOHRI says:

    Very Painful to see and listen the language used by the Aajtak against the Whole C.A.community and even against our Institute . We all should condemn this unitedly.

  10. Suraj Sharma says:

    I saw the telecast and Aaj tak was also mentioning the name of the CA, one was Anil agarwal and another was i think Bansal, For the shake of money they are doing these things, before blaming the News channel first punish those CA’s who have been caught. Suspend their membership no so that other CA’s will think several times before doing this kind of stupidity.

  11. Rajiv Chopra says:

    I reproduce Shefali’s words i.e.”Greed, bribe are personal choices of any person. It is utterly wrong to connect it to their caste, creed, religion and profession. I request AAJ TAK if they agree to this statement, they should certainly apologies. Moreover always remember when you point a finger towards other, three point to you only. Keep it up Shefali beta. Never allow anyone to touch your integrity.

  12. rahul singh says:

    mam ,
    you said correct but not only 20 ca are doing this you can say only about you are good don’t give certificate to others you already know what ca are doing nowdayas, main 20 se kada ca ko janta hoon jo ye kr rhe hai abhi baat karte hain

  13. Syed Najish Ali says:

    Media is the one of colomn of any society.
    Now a days it is very common practice of media to blame the entire community on the basis of 1 or 2 person OR 10% -20%. They Forget there is Black Sheep everywhere and every community. All fingers are not equal.

  14. M M Gupta says:

    I donot remember exact date. Mr venkataraman when he was finance minister, visited chennai to address ca’s and made a statement that the people believe the chartered accountants are responsible for the ills of the society. i was very young chartered accountant and i was very angry. but now retired i feel the same is true.

  15. CA Ranjit Kumar Nayak says:

    Media has no right to blame CA community. We are proud to be in our profession. You can condemn those involve, but strongly urge you to respect our profession.

  16. Rajesh says:

    Please dont try to act Smart.
    You All know that CA are certified to break and bend laws.
    Most Black money generated through CA.
    And All of the CA Practice the same.

  17. CA RAJESH MANGAL AGRAWAL says:

    Thanks, Shaifaly for bringing the post.
    If some perosn induldge in wrongful means than the profession as a whole should not be blamed.

  18. PUSHP CHANDRA JAIN,TAXATION ADVOCATE says:

    Mam,
    It is true that* EK MACCHHALI SARE TALAB KO GANDA KAR DETI HAI*
    But Ca proffession is a trusted proffession all around ,No outside agency has no power to comment on entire community,
    there must be an applogy from AAJ TAK Channel

  19. CA Sidharth Bafna says:

    Aaj tak should telecast news with the name of person instead of blaming whole CA community. One CA is not a representative of whole CA community. Even if they had not been CA they would be able to do all such malpractice. Profession and personal character are two separate entity.
    Blaming CA Community for all false practice is just a TRP raising stunt.

  20. CA GCV Rangam says:

    there may be black sheep in a folk, doesn’t mean all the sheep is black. ICAI should file a defamatory suit against AAJ Tak and the writer of the article. We all support our institute in this regard.

  21. Subhas chandra says:

    thanks for the strong reply, but everybody should know that the commercial law is better understood by the CA’s then any body else. The gap between the law can be created by the person who knows the law better. Instead of asking for the apology why can’t apologise for wrong work of the great professional community and make the community strong enough for not committing such act in future.

  22. Abhishek Sahay says:

    Aaj Tak Reporting was biased and was not against evils but was against the profession. “NEWS MEDIA should also see how they run sponsored news at the cost of loss to National integrity and independence. They should also see how they sell themselves for political and corporate donations”.

  23. mahesh agrawal says:

    media should see among themselves before raising eyebrows. How the Aajtak forget about its own reporter who has been named and blamed previously . For some people , entire community can’t be blamed

  24. Atulkumar Singh says:

    AAJ Tak, what can we expect from them. Its a media house completely run their business and news under the control of this govt. If they do not operate in a manner in which govt asked them then they will not get funds. Shame .

  25. DHIREN RATHORE says:

    I agree to disagree with the author.. CAs have facilitated extentisvely in conversion and bailed out politicos and bureaucrats bringing shame to the faternity at large

  26. CA Santosh Goel says:

    Very true and very well said. Whole community should not be blamed. The matter could have been presented in a way that could not have been derogate the profession. Apologies should be made

  27. Joshi D J says:

    This open letter reminds me of the age old saying – “Even if you dislike the message, don’t shoot the messenger”. It is the Other honest CA’s and their association who has to set the shop in order and take to task such unscrupulous elements in their flock instead of blaming the media. They should strictly implement the rule and report about those CA’s who flout the rules and bring in such professional disrepute for all others” Please thank the media for highlighting boldly about this instead of blaming them.

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