Open Letter to Aaj Tak for Sting Operation on CAs

Pretext: National News Channel, Aaj Tak has conducted a Sting Operation on certain Chartered Accountants, who are advising their clients on converting Black Money, after the ban on Rupee Notes.

finapp Open Letter to Aaj Tak for Sting Operation on CAs

Dear Aaj Tak Team,

You did a great job by conducting a successful sting operation of some CA’s converting the black money to white. But the painful thing was the word CA used so many times in a way as if the entire CA community is engaged in this black to white transaction. Let me make it clear when you use word CA , it means every CA. You can’t accuse every CA of money laundering. I am also a CA and I challenge you to prove that even a small percentage of CA’s are engaged in this kind of transaction. I would like to condemn this approach. How one or two or ten CA’s can represent the entire CA community? We spend half of our life in studies and analysing the provisions for its proper implementation. No change in any statute can survive without our support. CA is the name of proven integrity. In September every year when other people start shopping for Diwali we spend our entire night in office to complete the filing work of our clients as per the requirement of the Law.

Two of the ministers Mr. Suresh Prabhu and Mr. Piyush Goyal belong to CA community as you can vouch their efficiency in their respective ministries. Just because one or two or may be 10-20 are engaged in conversion of black money to white you have no rights to blame our entire community. I hereby seek your apology to entire CA community. Some of your media person also takes bribe. Greed, bribe are personal choices of any person. It is utterly wrong to connect it to their caste, creed, religion and profession. It is an insult to all hard working CA’s.

No corporate can work without the guidance and support of a CA. Even when government seek compliance of their statutes they also rely on the signature.

Do you know we are the only institution having such a strict code of conduct and our respected institute ICAI itself remove the members engaged in any misconduct?

Do you know we can’t even advertise or solicit any business?

Do you know when a CA resigns from any company; other member can’t accept that assignment without asking the reason for resignation of existing member?

Chartered Accountant & CA are not only mere words for us. We wear this two letter in our names. This is the respect we earn by hard work when we are students and even when we are qualified. You have no rights to raise finger on the credibility of our community. I would like to strongly ask you to offer an apology for this and rectify your news in a way without highlighting or targeting the word Chartered Accountant or CA.

Hope you will not make this a question of ego and power. But this is your chance to set an example for sincere reporting for yourself and other news media houses.

Shaifaly Girdharwalby Shaifaly Girdharwal 

Updated: October 15, 2017 — 5:42 pm

26 Comments

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  1. Excellent

  2. Jay i think u dont know meaning of Tax planing and Evasion of taxes, Just go and read the definition of both u will learn all. Commission agent? What do you mean by that? how irresponsible you are? how can you comment like this?

  3. Can u help me explain What is the need of CA in India when Almost every transaction can be Automated?
    If CA ka “Thappa” is dishonoured from Indian Economy/legal processes, Indian Economy will be white in a year!

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