Appendix No-24 – The Chartered Accountants Act, 1949

Published in Part III Section 4 of the Gazette of India dated 30th August, 1986

18th August, 1986

No. 1-CA(153)/86. – In exercise of the powers conferred by Clause (ii) of Part II of the Second Schedule to the Chartered Accountants Act, 1949, the Council of the Institute of Chartered Accountants of India is pleased to specify that a member of the Institute in practice shall be deemed to be guilty of professional misconduct, if he or the firm of Chartered Accountants of which he is a partner fails to maintain and keep in respect of his/its professional practice, proper books of account including the following: –

i) a Cash Book;

ii) a Ledger

R.L. Chopra

Secretary

[The Notification given in Appendix No. (25) was in operation until issuance of Council General Guidelines, 2008 – No. 1-CA(7)/02/2008 dated 8th August, 2008, given at Appendix No. (34)]

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CA Bhuvnesh Goyal is a Chartered Accountant with expertise in taxation, finance, and business compliance. He shares practical insights to help readers navigate complex financial matters with ease.