Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« Top Headlines »
Open DEMAT Account in 24 hrs
 ITR Filing 2025: These individuals are exempt from paying tax. Do they need to file returns?
 Full List Of Trump's Reciprocal Tariffs Announced Wednesday
 Top 5 tax-saving investment options for salaried individuals to consider before March 31, 2025
 5 lesser lesser-known avenues of tax saving you can use to save income tax before March 31, 2025
 March 15 is deadline for last advance tax installment: Know if you must pay

Satyam case: Clean chit to PwC
November, 04th 2009

Accountancy regulator Institute of Chartered Accountants of India has withdrawn disciplinary proceeding against audit firm PricewaterhouseCoopers, Delhi, allegedly involved in the Satyam scam.

The Delhi-based franchise of PwC on Wednesday approached the Delhi high court seeking quashing of proceedings initiated against it by the government in the aftermath of Satyam scam.

It pleaded before the court that the government proceedings were illegal as they have no connection with the Bangalore-based franchise which had audited Satyam accounts.

"There are six franchises of the international audit firm in the country and they are not related to each other in any way. We have nothing to do with the Bangalore firm which had audited Satyam accounts.

"So there doesn't arise any cause of action against us in the aftermath of the Satyam scam," senior advocate Mukul Rohatgi, appearing for the Delhi-firm, pleaded.

He submitted that the proceeding against it should be quashed immediately. Justice Sanjeev Khanna after hearing his arguments asked the government counsel to take instructions from the Centre and inform the court.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting