Union Minister of Corporate Affairs Dr. M. Veerappa Moily today informed the Rajya Sabha that some instances of violations have come to the notice of the Institute of Chartered Accountants of India (ICAI) which is examining the same. ICAI is itself competent to decide on these violations without reffering to the Central Government. However, no specific firm-wise violations by multinational firms (stating exactly which sections have been violated by which firm) have been brought to the notice of the Government.
Violations of Chartered Accountants Act
News posted by
CCI News Desk
Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.
Recent News :
- ICAI Introduces New Audit Framework and Training Programmes to Strengthen Cooperative Sector
- CBIC Issues New GST Instructions: No Arrests, E-Way Bill Checks Restricted, Rs 10,000 SCN Limit
- CBDT Notifies New Rules for Merger of Registered Non-Profit Organisations Under Income Tax Rules 2026
- CBIC Clarifies Pre-Deposit Calculation Under Sections 107 and 112 of CGST Act
- GST Refund Restrictions: CBIC Clarifies Retrospective Omission of Rule 96(10)
- Indian Investors Seek LTCG Tax Abolition and STCG Cut Amid Rs 3 Lakh Crore FPI Outflows
- GST Update 2026: CBIC Issues Clarification on R&D and Consultancy Services
- CBIC Clarifies GST Rates on Toys, Sublimation Paper, Used Cars and Bio-Stimulants Following 57th GST Council Meeting
- SEBI Makes Direct Mutual Fund Plans Default on AMC Platforms from 1st Nov 2026
- CBDT Exempts IRRI Payments from Chapter XIX of Income Tax Act, 2025
Popular News
- Tax Audit Extension Demand to 31st Oct 2026 Amid GST Relief and Court Rulings
- GST Rate Changes from 1st Nov 2026: Check New ITC and RCM Rules
- PM Modi's Rs 12 Lakh Tax Relief Remark Sparks Debate Over Taxpayers' Rights
- CBDT Clarifies Tax Treatment of BSNL and MTNL VRS-2019 Compensation Under Section 10(10C)
- GST Portal e-Invoice Services to Remain Temporarily Unavailable on 31st Oct and 1st Nov 2026
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
