Tax Auditor Holding Interests and Business Relations with Entities having Business Connections with Company Guilty of Misconduct: ICAI [Read Order]

Tax - Interests - Business- Relations - Entities - Business- Connections - Company -Guilty - Misconduct-ICAI-taxscan

The Institute of Chartered Accountants of India (ICAI) observed that Tax Auditor holding interests and business relations with entities having business connections with company is guilty of professional misconduct. The Respondent, CA Mukesh P Shah, was the statutory auditor of Multi Commodity Exchange of India Ltd. (“Company/ MCX”) for FY 2002-03 and Tax auditor from…

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