Delhi High Court stays NFRA proceedings against CA for 'professional misconduct' over tax deduction claim

The CA had approached the Court arguing that neither he nor his company was the auditor of the firm that is under investigation.
Delhi High Court
Delhi High Court

The Delhi High Court recently stayed the proceedings initiated under the Companies Act against a Chartered Accountant (CA) for professional misconduct for alleged irregularities in claiming deduction under Section 80 of the Income Tax Act (IT) for a company [CA Unnikrishnan Menon v National Financial Reporting Authority and Another].

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