https://www.taxtmi.com/news?id=34348 The document addresses the validity of NFRA's power to issue show cause notices, investigate and penalise chartered accountants and audit firms, noting the high court upheld statutory provisions but quashed several notices due to lack of procedural neutrality where the same NFRA officials issued notices and adjudicated; a higher forum has taken the matter on notice and emphasized separation between investigative and adjudicatory functions to ensure fairness. en-us Mon, 17 Feb 2025 20:31:04 +0530 Mon, 17 Feb 2025 20:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=34348 The document addresses the validity of NFRA's power to issue show cause notices, investigate and penalise chartered accountants and audit firms, noting the high court upheld statutory provisions but quashed several notices due to lack of procedural neutrality where the same NFRA officials issued notices and adjudicated; a higher forum has taken the matter on notice and emphasized separation between investigative and adjudicatory functions to ensure fairness. News - Mon, 17 Feb 2025 20:31:04 +0530 https://www.taxtmi.com/news?id=34348