Blog Categories
Subscribe to Newsletter
Join our subscribers list to get the latest Tax Updates and Opportunities.
Chartered Accountant Held Guilty of Professional and Other Misconduct for Central Excise Evasion and Acting as Managing Director without ICAI Approval: In Re CA Ashwani Kumar Dewan (ICAI Board of Discipline)
Facts
of the CaseThe
matter arose from information received by the Directorate pursuant to a
newspaper report published in the Times of India, New Delhi dated 03.12.2016
alleging that CA Ashwani Kumar Dewan was invol...
Chartered Accountant Penalised for Holding Full-Time Certificate of Practice While Working as CFO in Government Organisation: CA Kumar Hari Ji vs. CA Ranjit Kumar (ICAI Disciplinary Order)
Facts of the CaseThe
disciplinary proceedings arose on a complaint filed by CA Kumar Hari Ji (M. No.
057882), Patna, against CA Ranjit Kumar (M. No. 405529). The respondent had
been holding a Full-Time Certificate of ...
CA Reprimanded for Other Misconduct Involving Breach of Partnership Obligations and Damage to Firm’s Reputation: ICAI Board of Discipline – CA Jaleshwar Singh vs. CA Jayesh Vasantlal Shah
Facts of the CaseA complaint was filed by CA Jaleshwar Singh, Managing Partner of M/s J
Singh & Associates, against CA Jayesh Vasantlal Shah, who was a partner in
the said firm. The dispute arose out of the Respond...
Chartered Accountant Held Guilty for Accepting Audit Assignment Despite Objection of Outgoing Auditor and Issuing Report Without Due Regard to Ethical Safeguards: CA Ashok Kumar Somani vs. CA Nilesh Jain (ICAI Board of Discipline)
Facts of the CaseThe complainant,
CA Ashok Kumar Somani, was appointed as Statutory Auditor/Tax Auditor of M/s
Sanwaliya Tractor Agency, M/s Sanwaliya Filling Station and M/s Sanwaliya
Motors Private Limited for Finan...
Returning Officer Exonerated in Branch Election Dispute Where Withdrawals Confirmed Telephonically in Absence of Prescribed Procedure: ICAI Board of Discipline – CA Makarand Joshi vs. CA Sarang Kolhapure
Facts of the CaseThe dispute arose out of the elections
to the Managing Committee of the Satara Branch of the Western India Regional
Council of the Institute of Chartered Accountants of India for the term
2016–2019....
Chartered Accountant Held Guilty for Accepting Statutory Audit Without Prior Written Communication with Outgoing Auditor: CA Ashish Chhabra vs. CA Neha Bansal (ICAI Board of Discipline)
Facts
of the CaseThe
complainant, CA Ashish Chhabra, was the statutory auditor of M/s ROC Foods
Limited for nearly ten years and completed his term during Financial Year
2017-18. During the course of audit, disputes ...
Incoming Auditor Penalised for Accepting Statutory Audit Without Written Communication to Outgoing Auditor: Monetary Fine Imposed by ICAI Board of Discipline – CA Parmar Haresh Kumar Jivanlal vs. CA Ketan Ganpatbhai Barevadia
Facts of the CaseA complaint was filed
by CA Parmar Haresh Kumar Jivanlal, Partner of M/s HJP & Co., Ahmedabad,
against CA Ketan Ganpatbhai Barevadia. The complainant firm had been the tax
auditor and statutory au...
Chartered Accountant Removed from Register for Three Months for Role in Fake Trust and Donation Scam: Disciplinary Order against CA Dinesh Kumar Agrawal under Chartered Accountants Act, 1949
Facts of the CaseThe
disciplinary proceedings against CA Dinesh Kumar Agrawal (Membership No.
016535), Agra, arose from an investigation conducted by the Central Bureau of
Investigation in RC No. G(E)/2005/EOW-I/DLI. ...
Chartered Accountant Fined for Accepting Tax Audit Without Prior Written Communication with Previous Auditor: Disciplinary Order in CA Rakesh Rastogi vs. CA Viral Rastogi (ICAI)
Facts of the CaseThe
disciplinary proceedings arose from a complaint filed by CA Rakesh Rastogi (M.
No. 071136), Badaun, against CA Viral Rastogi (M. No. 431829), partner of M/s
Ravindra Kumar & Associates. The co...
Chartered Accountant Held Guilty for Accepting Government Statutory Audit Without Prior Written Communication with Previous Auditor: CA Anumeha Garg vs. CA Anoop Kumar Gupta (ICAI Board of Discipline)
Facts
of the CaseThe
complainant, CA Anumeha Garg, was appointed as auditor of Zila Panchayat,
Balrampur by the Government of Chhattisgarh for Financial Year 2015-16,
including audit of MGNREGA and other implementing...