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2012 (3) TMI 195 - DELHI HIGH COURTICAI – member guilty of gross professional misconduct falling within the meaning of Clause (7) of Part- I of the Second Schedule u/s 22 r.w.s. 21 of the Chartered Accountants Act, 1949 – false certificate u/s 80HHC issued in the Form No. 10CCAC – Held that:- It is established that no payment was received against the export, therefore, certificate issued by the respondent was false. It is a bogey raised by the respondent that he has verified all the documents and only then issued the certificate. The misconduct is of serious nature. The attempt was thus to dupe the tax authorities and help the assessee to avoid the tax to that extent such a conduct has to be taken seriously. Some penalty needs to be imposed so that it acts as deterrent and such professional misconduct are not committed. Weighing the circumstances, the ends of justice would be subserved by removing his name from the Register of Members for a period of six months.
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