The revised 12th edition of Code of Ethics has come into effect from 1st July, 2020. It is accessible on www.icai.org at the following links :-
Code of Ethics Volume – I https://resource.cdn.icai.org/55133CodeofEthics-2019.pdf
Code of Ethics Volume – II https://resource.cdn.icai.org/60018code-of-ethics-2020vol2.pdf
Code of Ethics Volume –III (Case Laws Referencer) https://resource.cdn.icai.org/59111esb48239.pdf
It may further be noted that the Council at its 393rd Meeting held on 30th June to 1st July, 2020 has decided that due to the prevailing situation due to Covid-19, the following provisions of Volume-I of Code of Ethics, 2020 be deferred till further notification :-
1. Responding to Non-Compliance of Laws and Regulations(NOCLAR) [Sections 260 and 360]
2. Fees - Relative Size [Paragraphs 410.3 to R410.6]
3. Taxation Services to Audit Clients [Subsection 604]
With the exception of aforesaid provisions, all other provisions of revised Code of Ethics are applicable w.e.f 1st July, 2020.
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