Mistakenly attributing fraud to CA brings immense discredit to the profession and tarnishes the image, writes ICAI to editor of Navbharat Times

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CA - ICAI - Navbharat Times - Taxscan

The Institute of Chartered Accountants of India (ICAI) wrote a letter to the editor of Navbharat Times while highlighting the press article namely LIC agent ke khate se Rs. 16 lac nikale gaye, CA giraftaar (CA arrested for having duped an agent of the LIC) declaring that wrongly attributing the fraud to the chartered accountant casts immense discredit on the profession, tarnishes its image.

The article stated that one Ashish Tayal, a resident of Palwal, had been arrested for allegedly duping an LIC agent. It was further stated that the accused Ashish Tayal is a chartered accountant.

The ICAI clarified that said Ashish Tayal is not a chartered accountant and it was erroneously reported that he is a chartered accountant in said news. By wrongly attributing such fraud to an accountant, you have brought immense discredit to the profession of public accountant and tarnished its image in the eyes of the public.

The Institute, writing to the Navbharat Times, added: “You advised to publish a prominent clarification in your columns stating that the accused is not a chartered accountant and also to express your regret for the mistake. . In the future, you can check and confirm with us whether the accused is a chartered accountant or not before posting such stories. Such unverified news brings enormous discredit to the noble profession of chartered accountant and tarnishes their image in society. “

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