ICAI | Penalty of Rs 5 lakh imposed on CA for exceeding tax audit limit prescribed u/s 44AB

The Disciplinary Committee of ICAI has imposed penalty of Rs.5 Lakh and removed Chartered Accountant from Register of members for a period of 03 (Three) Months for professional misconduct on conducting tax audit under section 44AB of Income Tax Act, 1961 beyond the limit prescribed by the Institute

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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.

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