ICAI unhappy with treatment of CAs by probe agencies

New Delhi, May 22 (Agency) The Institute of Chartered Accountants of India (ICAI) on Saturday expressed strong resentment over the alleged treatment of chartered accountants by some investigative officers and their arrests. The ICAI said the matter related to the recent arrest of Chartered Accountants and other instances of ill- treatment of Chartered Accountants by investigating authorities was discussed in its Council on May 20, 2022.

”The Council members expressed their strong resentment on the manner in which certain Investigating Officers are treating Chartered Accountants and directly resorting to arrests. The Council was also apprised of the strong feelings of members throughout the country regarding ill-treatment being meted to certain members rather than taking strong action against the actual perpetrators,” a statement from the ICAI said. It said the Council of ICAI resolved to form a group comprising its members to interface with authorities in order to ensure that just and fair treatment is meted out to Chartered Accountants and that they are not made soft targets.