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ICAI Reprimands CA for Claiming Section 54F exemption Instead of 54

May 17, 2024 876 Views 0 comment Print

The ICAI Disciplinary Committee reprimanded CA Jayant Ishwardas Mehta for professional misconduct involving an incorrect income tax exemption claim.

ICAI fines CA for audit while previous auditor’s fees were outstanding

May 17, 2024 864 Views 0 comment Print

ICAI Committee reprimands CA. Anand Joshi and imposes a Rs. 15,000 fine for accepting an audit while previous auditor’s fees were outstanding.

ICAI Reprimands CA for failure to confirm material trade receivables

May 17, 2024 1836 Views 0 comment Print

The ICAI Disciplinary Committee reprimanded CA. Shashank Shankar Mundle for professional misconduct in a 2015-16 audit, citing failure to confirm material trade receivables.

ICAI Reprimands CA for NBFC Audit Negligence

May 16, 2024 795 Views 0 comment Print

The ICAI’s Disciplinary Committee found CA. Vineet Gupta guilty of professional misconduct in an NBFC audit and imposed a reprimand and a Rs. 25,000 fine.

NFRA Penalizes RCFL Auditors with ₹2.5 Crore Fine for Audit Misconduct

May 16, 2024 12840 Views 0 comment Print

The NFRA fines Shridhar & Associates and CA Ajay Vastani for professional misconduct in auditing RCFL’s financials for FY 2018-19.

CA Reprimanded for NBFC Audit Misconduct by ICAI

May 16, 2024 516 Views 0 comment Print

A Chartered Accountant was reprimanded by the ICAI Disciplinary Committee for professional misconduct, failing to report an NBFC operating without an RBI registration certificate in a 2013-14 audit.

IBBI Suspends Resolution Professional for 1 Year for Suppressing Information

May 16, 2024 1374 Views 0 comment Print

Explore the detailed analysis of disciplinary proceedings initiated by the Insolvency and Bankruptcy Board of India against Anil Goel, examining alleged contraventions, submissions, and final findings.

ICAI Reprimands CA for accepting Audit Despite Pending Fees of Predecessor

May 16, 2024 807 Views 0 comment Print

ICAI’s Disciplinary Committee reprimands CA Kaushal Kishor Singh for professional misconduct, citing failure to communicate with previous auditor and non-compliance with guidelines on outstanding fees.

ICAI Reprimands CA for failure to communicate with previous auditor

May 16, 2024 651 Views 0 comment Print

The ICAI Disciplinary Committee has reprimanded CA. Kumar Jee Kandroo and fined him Rs. 35,000 for professional misconduct, including failing to communicate with the previous auditor.

CA Reprimanded by ICAI for accepting Audit without proper NOC

May 16, 2024 693 Views 0 comment Print

ICAI Disciplinary Committee reprimands CA Rahul Singh for professional misconduct, including accepting an audit without proper NOC and violating Companies Act provisions.

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