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Incoming Auditor Held Guilty for Accepting Audit Without Written Communication to Outgoing Auditor: Monetary Penalty Imposed by ICAI Board of Discipline – CA Sunil Kumar vs. CA Arpit Taneja
Facts of the CaseA complaint was filed
by CA Sunil Kumar against CA Arpit Taneja alleging professional misconduct in
relation to acceptance of a tax audit assignment. The complainant was the tax
auditor of M/s Divyans...
Chartered Accountant Held Guilty for Accepting Statutory Audit Without Prior Written Communication with Previous Auditor and Without Ensuring Positive Evidence of Delivery: CA Amit Amol Lomte vs. CA Piyush Omprakash Singh (ICAI Board of Discipline)
Facts
of the CaseThe
complainant, CA Amit Amol Lomte, was appointed as the Statutory Auditor of M/s
Hatchway Windsor Private Limited for Financial Year 2018-19 and continued as
auditor till 31.03.2019. The complainan...
ICAI Board of Discipline Closes Case on Limitation Despite Serious CBI Allegations: Proceedings Held Time-Barred under Rule 12 – In Re: CA Bipin Babubhai Shah
Facts of the CaseA case bearing RC AC1 2008A 0001 was registered by the Central Bureau of
Investigation on 08.03.2008 based on source information against Shri Ashutosh
Verma, then Deputy Director (Investigation), Incom...
Acceptance of Statutory and Tax Audit Without Prior Written Communication and Without Compliance of Sections 139 and 140 of Companies Act Constitutes Professional Misconduct: ICAI Board of Discipline Imposes Fine – Aditya Aggarwal vs. CA Sanjay Bhatia
Facts of the CaseA
complaint was filed by CA Aditya Aggarwal, partner of M/s Aggarwal &
Rampal, Chartered Accountants, Delhi, against CA Sanjay Bhatia, partner of M/s
R K Dudeja & Co., Chartered Accountants, N...
Chartered Accountant Removed from Register for Entering into Mining Partnerships While Holding Full-Time Certificate of Practice: Disciplinary Order in Hena Kumar Sukhna (IRS) vs. CA Surinder Kumar (ICAI)
Facts of the CaseThe
disciplinary proceedings arose from a complaint filed by Ms. Hena Kumar Sukhna,
IRS, Assistant Director of Income Tax (Investigation), Mohali, in connection
with the Punjab Sand Mining Auctions Sc...
Chartered Accountant Fined for Accepting Statutory Audit Without Prior Written Communication with Previous Auditor: Disciplinary Order in Pushpa D. Patil vs. CA Ketan Ganpatbhai Barevadia (ICAI)
Facts of the CaseThe
disciplinary proceedings arose from a complaint filed by CA Parmar Haresh Kumar
Jivanlal (M. No. 046976), partner of M/s HJP & Co., Ahmedabad. The complainant
firm had acted as tax auditor and...
Allegations of Acting as Middleman in Income Tax Bribery Case Not Proved in Absence of Evidence: ICAI Board of Discipline Closes Proceedings – In Re: CA Adesh Kumar Jain
Facts of the CaseDisciplinary
proceedings were initiated In Re: CA Adesh Kumar Jain on the basis of
information received from the Informant Department relating to a CBI case
RC2172012A0005, registered in connection wi...
Incoming Auditor Penalised for Accepting Tax Audit Without Written Communication to Outgoing Auditor Despite Self-Imposed Condition: ICAI Board of Discipline – CA Atul Mathuria vs. CA Jimy Pirosha Wankadia
Facts of the CaseA complaint was filed by CA Atul Ramniklal Mathuria, Partner of M/s
Bhaskar Atul & Associates, against CA Jimy Pirosha Wankadia, Proprietor of
M/s Wankadia & Co. The complainant firm was the ta...
Advertisement Alleging False Projection as ICAI President Held Not Misconduct: ICAI Board of Discipline Closes Case for Lack of Evidence – Manaur Alam vs. CA Rajesh Kumar Khetan
Facts of the CaseA complaint was filed by Shri Manaur Alam, Advocate, against CA Rajesh
Kumar Khetan alleging professional misconduct arising from publication of a
Republic Day greeting advertisement in the Hindi daily...
Chartered Accountant Removed from Register for Three Months for Orchestrating Large-Scale Income Tax Refund Fraud: Disciplinary Order in Arvind Kumar (Addl. CIT) vs. CA Kapil Kansal (ICAI)
Facts of the CaseThe
disciplinary proceedings arose from a complaint filed by Shri Arvind Kumar,
Additional Commissioner of Income Tax, Jodhpur. The case originated from
detection of non-deposit of TDS and fraudulent ...