High Court Overturns ICAI Disciplinary Action Against CA; No Evidence of Misconduct or Tax Evasion Found.

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....Disciplinary proceedings against the Chartered Accountant (CA) - Engagement in Business activities without approval from ICAI - Allegation of evasion of Sales Tax - opening an account in the bank in the name of fictitious firm - there is no evidence against respondent (CA) that he had opened these bank accounts or did what he was accused of. - The Council was not correct in not accepting the acquittal by the Court of Metropolitan Magistrate - HC....