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professional misconduct

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Professional Misconduct in Tax Audits: Navigating 60-Tax Audit Rule

CA, CS, CMA : Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethic...

July 16, 2024 1707 Views 0 comment Print

Supreme Court Upholds ICAI’s Limit of 60 Tax Audits per CA: Analysis

CA, CS, CMA : Discover the Supreme Court's ruling on ICAI's 60 tax audits limit per Chartered Accountant, its implications, and future impact on...

May 23, 2024 12420 Views 0 comment Print

ICAI finds EY India and it’s Affiliate Entities Guilty of Professional Misconduct: Analysis

CA, CS, CMA : Analysis of ICAIs disciplinary action against EY India affiliates for professional misconduct, implications, and insights into reg...

April 29, 2024 20298 Views 1 comment Print

Unveiling Professional Misconduct: NFRA’s Order on Seya Industries Limited’s Statutory Audit

Company Law : The Order No. 002/2024 Date: 05.01.2024, centered around CA Anil Chauhan, the Engagement Partner (EP) of Anil Chauhan & Associates...

January 11, 2024 963 Views 0 comment Print

What are Professional Misconducts of a Chartered Accountant – Part -3

CA, CS, CMA : Discover the professional misconducts of a Chartered Accountant in Part 3 of our series. Learn about the implications and conseque...

September 29, 2022 4893 Views 0 comment Print


Latest News


ICAI Penalizes CA for Neglecting Registered Office Visit Before Filing SPICe Form

CA, CS, CMA : ICAI penalises CA for not physically visiting registered office of Company before filing its SPICe Form The Institute of Chartered...

May 15, 2024 10548 Views 1 comment Print

ICAI Reporting Requirements: Fees Disclosure in Revised Code of Ethics

CA, CS, CMA : Learn about ICAI's reporting requirements for fees disclosure under revised Code of Ethics. Discover key details and implications ...

October 7, 2023 9948 Views 0 comment Print

Advisory on Use of designation Chartered Accountant or prefix CA

CA, CS, CMA : Ethical Standards Board The Institute of Chartered Accountants of India 22nd October, 2022 Advisory Sub.: Use of designation ̶...

October 23, 2022 14520 Views 0 comment Print

Volume-I of Code of Ethics, 2019 for CAs Applicable wef 01.10.2022 with changes

CA, CS, CMA : Disclosure is required where for two consecutive years, gross annual professional fees from an audit client represent more than 40...

September 30, 2022 10413 Views 0 comment Print

What are Professional Misconducts of a Chartered Accountant – Part 1

CA, CS, CMA : A Practicing Chartered Accountant abstain from soliciting clients or professional work either directly or indirectly by circular, ...

September 20, 2022 3111 Views 0 comment Print


Latest Judiciary


CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

CA, CS, CMA : Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for c...

July 16, 2024 3378 Views 0 comment Print

ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

CA, CS, CMA : Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn't found. Full j...

July 10, 2024 4494 Views 0 comment Print

SC Upholds CA Rule on Referring Misconduct to Disciplinary Committee

CA, CS, CMA : Naresh Chandra Agrawal Vs Institute of Chartered Accountants of India And Others (Supreme Court of India) In a landmark judgment, ...

February 10, 2024 954 Views 0 comment Print

CA guilty of misconduct: Cheques Given in Good Faith Inappropriately Encashed

CA, CS, CMA : Delhi High Court upholds the decision of Disciplinary Committee of ICAI holding petitioner guilty of professional misconduct as ch...

December 21, 2023 4782 Views 0 comment Print

HC acquits CA in misconduct case for delay & lack of evidence

CA, CS, CMA : Bombay High Court acquits CA Gordhanbhai Madhabhai Savalia, citing inordinate delay, lack of evidence, and legal complexities in p...

November 3, 2023 1560 Views 0 comment Print


Latest Notifications


Share capital allotment at premium: CA not guilty as Addition been deleted by ITAT

CA, CS, CMA : The Board of Discipline investigated CA Atul Jain for facilitating share capital transactions with firms lacking financial credibi...

September 8, 2024 333 Views 0 comment Print

ICAI Removes 5 Members from Register Effective 30th August 2024

CA, CS, CMA : The ICAI has removed five Chartered Accountants from its Register for professional misconduct, imposing fines and suspensions rang...

August 30, 2024 441 Views 1 comment Print

Falsifying Financial Statements & Backdating Audit Reports: Complaint Against Auditor dismissed

CA, CS, CMA : ICAI Board of Discipline finds CA Bharat Shroff not guilty of professional misconduct in case filed by CA Bhaven Shah regarding au...

August 27, 2024 2916 Views 0 comment Print

ICAI reprimands CA for misuse of tax-related credentials

CA, CS, CMA : ICAI reprimands CA Rahul Kumar for misconduct involving fraudulent use of credentials and tax evasion, based on a complaint and in...

August 27, 2024 2892 Views 0 comment Print

ICAI Disciplinary Actions: 5 CAs Removed for Misconduct

CA, CS, CMA : ICAI has removed several Chartered Accountants from the Register of Members for varying periods due to professional misconduct as ...

August 23, 2024 3222 Views 0 comment Print


Latest Posts in professional misconduct

Share capital allotment at premium: CA not guilty as Addition been deleted by ITAT

September 8, 2024 333 Views 0 comment Print

The Board of Discipline investigated CA Atul Jain for facilitating share capital transactions with firms lacking financial credibility. Findings issued in June 2024.

ICAI Removes 5 Members from Register Effective 30th August 2024

August 30, 2024 441 Views 1 comment Print

The ICAI has removed five Chartered Accountants from its Register for professional misconduct, imposing fines and suspensions ranging from one month to three years.

Falsifying Financial Statements & Backdating Audit Reports: Complaint Against Auditor dismissed

August 27, 2024 2916 Views 0 comment Print

ICAI Board of Discipline finds CA Bharat Shroff not guilty of professional misconduct in case filed by CA Bhaven Shah regarding audit of NAK Engineering Pvt. Ltd.

ICAI reprimands CA for misuse of tax-related credentials

August 27, 2024 2892 Views 0 comment Print

ICAI reprimands CA Rahul Kumar for misconduct involving fraudulent use of credentials and tax evasion, based on a complaint and investigation.

ICAI Disciplinary Actions: 5 CAs Removed for Misconduct

August 23, 2024 3222 Views 0 comment Print

ICAI has removed several Chartered Accountants from the Register of Members for varying periods due to professional misconduct as per the Act and disciplinary rules.

NFRA imposes monetary penalty of Rs. 10 crores on BSR & Associates LLP

August 19, 2024 14238 Views 0 comment Print

NFRA penalizes BSR & Associates LLP ₹10 crores for audit lapses in Coffee Day Enterprises audit. Partners face fines and debarment.

Professional Misconduct in Tax Audits: Navigating 60-Tax Audit Rule

July 16, 2024 1707 Views 0 comment Print

Understand the 60-tax audit rule for Chartered Accountants, its exceptions, and its implications on professional conduct and ethical standards in tax audits.

CA Barred for Five Years by NCLT for Failing Duties as Statutory Auditor

July 16, 2024 3378 Views 0 comment Print

Read the full NCLT judgment/order on Union of India Vs CA. Ramaiah Nataraja. Bengaluru CA barred from statutory auditor role for colluding with company’s fraudulent activities.

Partnership Act 1932: Auditing Not Mandatory Before Sharing Firm Financials with legal heirs

July 12, 2024 816 Views 0 comment Print

Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analysis and conclusions included.

ICAI can Proceed Against whole Firm if One Member cannot be held Responsible: HC

July 10, 2024 4494 Views 0 comment Print

Delhi High Court rules that ICAI can hold entire CA firms accountable for misconduct, even if individual guilt isn’t found. Full judgment on Harinderjit Singh case.

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