Saturday, December 24, 2016

[IAC#RG] DIMINISHING REPUTATION OF CHARTERED ACCOUNTANTS IN INDIA


To

India Against corruption

                                                          DIMINISHING REPUTATION OF CHARTERED ACCOUNTANTS IN INDIA

 

It appears that section of Chartered Accountants  think  that helping the client to reduce the amount of tax payment by   circumventing the law or enabling the client to evade the tax by misinterpreting the law and  making false entry in the account books  is  the be all and end all of their profession.


If the chartered accountants would strictly and honestly  adopt the code of ethics and conduct expected of them, the other professionals like doctors, lawyers , business men etc. would find it hard to evade taxes, as all tax evaders avail the services of Chartered Accountants for compilation of accounts and calculation of tax amount. 


It is suspected  that behind every tax evader, there is a chartered accountant


The Institute of Chartered Accountants of India would be doing a grave mistake if it would continue to refrain from condemning and disciplining the erring chartered accountants in the manner that it should.



N.S.Venkataraman

Nandini Voice for The Deprived

nandinivoice.com

 

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