is it professional misconduct

A CA firm has taken a loan for acquiring computers from a company whose MD son is an Articled trainee with CA firm is it a misconduct?? under which clause?

1 answer

Ravi Staff September 18, 2018

yes it will be misconduct if premium is charged for articleship or obtaining loan is condition for articleship under Schedule II Part II Clause (1) as non compliance of icai regulations.

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