The Institute of Chartered Accountants of India (ICAI) initiated disciplinary action against 25 CAs for allegedly involved in frauds related to GST.
The ICAI President Atul Kumar Gupta said a strong “warning” has been given to such individuals not to indulge in such activities.
Authorities have been cracking down on fraudulent activities, including evasion, in relation to GST. In some cases, names of chartered accountants have also come up.
Against this backdrop, the Institute of Chartered Accountants of India (ICAI) has initiated disciplinary action.
In connection with GST frauds, he also said that it needs to be first ascertained whether individuals concerned are chartered accountants. In many cases, the institute has filed FIRs, he added.
There are more than three lakh members registered with the ICAI.
In connection with GST frauds, ICAI President Atul Kumar Gupta also said that it needs to be first ascertained whether individuals concerned are chartered, accountants.
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