MCA imposes Penalty of Rs. 5000 on Chartered Accountant failing to Disclose Specified Bank Notes in Auditor’s Report

By Navasree A.M - On August 22, 2023 11:23 am - 2 mins read
MCA - Penalty - Chartered-Accountant - Disclose - Bank-Notes- Auditor’s-Report-TAXSCAN

The MCA has fined a Chartered Accountant (CA) Rs. 5000 due to his omission of reporting the details of Specified Bank Notes that were deposited in banks in the audit report of Vinayak Builders and Developers Private Limited. CA Shishir Kumar was the auditor of the company for the financial year 31.03.2017. According to the…

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