The Chartered Accountants Act, 1949

The Chartered Accountants Act, 1949
The Chartered Accountants Act, 1949
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An Act to make provision for the regulation of the profession of Chartered Accountants.
Citation Act No. 38 of 1949
Territorial extent Whole of India
Enacted by Parliament of India
Date enacted 01 May 1949
Date assented to 01 May 1949
Date commenced 01 July 1949

The Chartered Accountants Act, 1949 is a statute enacted by the Parliament of India to regulate the profession of Chartered Accountants in India. It was enacted by the Constituent Assembly of India which was acting as the provisional Parliament of India in 1949. Under this act the Institute of Chartered Accountants of India was established to educate, register and regulate Chartered Accountants in India. The Act provides for ethical practices of Chartered Accountants and disciplinary proceedings against a Chartered Accountant.


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