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.
Nandini Voice for The Deprived