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professional misconduct

Latest Articles


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 1437 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 11256 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 20124 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 921 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 4830 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 10422 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 9705 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 14466 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 10374 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 3069 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 3273 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 4317 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 933 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 4728 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 1536 Views 0 comment Print


Latest Notifications


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

CA, CS, CMA : Explore Section 12(e) of the Partnership Act 1932 and its implications on sharing firm financials with legal heirs. Detailed analy...

July 12, 2024 753 Views 0 comment Print

NFRA Penalized Audit Firm & CA for negligence & inadequate due diligence

Corporate Law : Explore NFRA Order No. 019/2024 detailing penalties imposed on M/s Singh Ajay & Co. and CA Priyank Mittal for audit lapses in Vika...

July 5, 2024 702 Views 0 comment Print

NFRA Penalized Audit Firm & CA for Lapses in Conduct of Statutory Audit

Corporate Law : Explore NFRA Order No. 018/2024 on CA Yogesh Mahipal for audit misconduct findings and penalties under Companies Act 2013. Detaile...

July 5, 2024 162 Views 0 comment Print

ICAI removes name of 14 members for Professional Misconduct

CA, CS, CMA : Read about recent disciplinary actions by ICAI removing members from the register due to professional misconduct. Understand impli...

June 28, 2024 1587 Views 0 comment Print

NFRA Penalizes CA for professional misconduct in auditing DHFL branches

Company Law : Learn about NFRA action against CA Kashinath Chaturvedi for professional misconduct in auditing DHFL branches. Understand the find...

June 21, 2024 564 Views 0 comment Print


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

May 15, 2024 10422 Views 1 comment Print

ICAI penalises CA for not physically visiting registered office of Company before filing its SPICe Form The Institute of Chartered Accountants of India (ICAI) took disciplinary action against CA. Radhakrishnan AR for his professional misconduct related to the certification of documents for the incorporation of M/s Tencent Fintech Private Limited. The complaint against Radhakrishnan AR […]

Professional Misconduct: CA Deviates from Assignment Requirements, Causing Loss

May 9, 2024 849 Views 0 comment Print

CA Solanki failed to work in line with the requirements of the assignment and deliberately adopted a different methodology, causing loss to the complainant. Consequently, the Committee determined that Solanki’s actions constituted professional and other misconduct.

Certification of e-Form of disqualified directors: ICAI imposes penalty on CA

May 9, 2024 1890 Views 0 comment Print

Delve into the disciplinary action against CA Sushil Suresh Bajaj by the Institute of Chartered Accountants of India. Analysis, verdict, and implications discussed.

ICAI Penalizes/Suspends CA for Accounting Standards & Reporting Non-compliances

May 9, 2024 1137 Views 0 comment Print

Committee concluded that there were indeed non-compliances in the financial statements audited by Pachkhede, relating to various accounting standards and reporting requirements. These errors were considered to constitute professional misconduct as per the Committee’s Findings dated February 7, 2024.

Deficiencies in audit work: ICAI imposes Penalty on CA

May 9, 2024 1575 Views 0 comment Print

Disciplinary Committee found CA. Keshav Vishwanath Chaubey guilty of professional misconduct for various deficiencies in his audit work. Despite the respondent’s personal difficulties, the Committee determined that his actions constituted a breach of professional standards and warranted disciplinary action.

Signing of financial statements on a back date: ICAI reprimanded CA

May 9, 2024 717 Views 0 comment Print

The case centers on Pednekar’s signing of financial statements on a back date, which is deemed as negligent conduct and a breach of professional standards.

Failure to verify maintenance of cost records: ICAI imposes penalty on CA

May 9, 2024 2241 Views 0 comment Print

Dive into the detailed order by the Disciplinary Committee of the Institute of Chartered Accountants of India against CA. Sachin Rajnikant Parekh for professional misconduct.

Non-reporting of SARFAESI action against client in audit report: ICAI warns CA

May 9, 2024 684 Views 0 comment Print

Explore the detailed order by the Disciplinary Committee of the Institute of Chartered Accountants of India against Ravish Shashikant Maniyar for professional misconduct.

ICAI Disciplinary Committee Ruling against a CA & six CA firms affiliated with PwC

May 8, 2024 2781 Views 0 comment Print

The ICAI Disciplinary Committee imposes penalties on Neeraj Kumar Gupta for professional misconduct. Read the detailed analysis of the 2024 verdict.

ICAI Disciplinary Committee Ruling on Price Waterhouse LLP

May 8, 2024 849 Views 0 comment Print

ICAI’s Disciplinary Committee finds Price Waterhouse LLP guilty of professional misconduct, removing CA Dinesh Supekar from the register for three years.

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