Insta
Appellate Authority Gets New Members To Handle Chartered Accountants’ Appeals In Misconduct Cases
Institute of Chartered Accountancy of India (Website/Contact Details Wala)
The Narendra Modi led Central government has bolstered the appellate authority with new members to hear and depose of cases related to Chartered Accountants, Cost Accountants and Company Secretaries, Tax Scan has reported.
A total of nine new members have been added to the appellate authority, with effect from 1 March 2019.
The appellate authority was established by the erstwhile UPA government in 2009 under the Section 22A(1) of the Chartered Accountants Act, Section 22A of the Cost and Works Accountants Act and Section 22A of the Company Secretaries Act.
This gave Chartered Accountants, Cost Accountants and Company Secretaries a platform to appeal orders holding them guilty of professional misconduct.
It was earlier reported that it has now been made compulsory for Chartered Accountants to provide an Unique Document Identification Number (UDIN) during tax and GST document audits. This decision would come into effect from 1 April.
This move aims to curb forgery and fraudulent auditing by unscrupulous elements posing as CAs.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
