Orders

ICAI Board of Discipline Discharges CA in Auditor Communication Dispute


ICAI reprimanded CA Vimal Kishore for professional misconduct involving client solicitation and improper acceptance of audit assignments.

ICAI Holds CA Guilty of Professional Misconduct Over Client Solicitation and Audit Assignment Violations

The ICAI Board of Discipline gives benefit of doubt to incoming Auditor where Proprietor’s affidavit supported prior communication


ICAI Holds CA Not Guilty for Failure to Communicate with Previous Auditor

The ICAI Board of Discipline held that previous auditor had not conducted or completed any statutory audit 

ICAI Holds CA Not Guilty of Misconduct for Not Seeking NOC From Previous Auditor

Judgement

ITAT deletes Rs 40.31 Lakh Section 69A addition, holding that mere SBN deposits during demonetisation cannot justify addition when cash transactions are recorded in audited books.

ITAT Deletes Rs 40.31 Lakh SBN Addition, Says Demonetisation Deposits Alone Cannot Prove Unexplained Cash

An unintentional typographical error in the Tax Audit Report should not lead to an unmerited disallowance if the statutory payments were made in time, holds ITAT.

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ICAI Board of Discipline Discharges CA in Auditor Communication Dispute

ICAI Holds CA Guilty of Professional Misconduct Over Client Solicitation and Audit Assignment Violations

ICAI Holds CA Not Guilty for Failure to Communicate with Previous Auditor

ICAI Holds CA Not Guilty of Misconduct for Not Seeking NOC From Previous Auditor

ITAT Deletes Rs 40.31 Lakh SBN Addition, Says Demonetisation Deposits Alone Cannot Prove Unexplained Cash

An Inadvertent Typographical Error in Tax Audit Report Should Not Lead to An Unmerited Disallowance, Rules ITAT