Arjun : (to himself) “Oh God! They have revised the Code of Ethics. We don’t know the basic Code itself! Putting more and more burden on us”. Let
Bhagwan come. I will get it clarified.
(Chants) – Hey Shrikrishna, Hey Shrikrishna
Shrikrishna : (enters) Arey Arjun, what are you thinking about? Whether the ITR last date will be extended?
Arjun : No, Lord. We have now become insensitive to such issues! Last many years we only begged for extensions. Things will never improve.
Shrikrishna : Then why were you waiting for me to come?
Arjun : See Lord. We CAs are already overburdened. In that, they keep on revising our Code of Ethics. I am told, they have inserted some new clause of misconduct in Second Schedule. What is that?
Shrikrishna : I don’t know whether basically you know the distinction between First and Second Schedule.
Arjun : Lord, I knew it, but forgot.
Shrikrishna : First Schedule contains those clauses that affect you CAs among yourselves. Normally, an outsider is not adversely affected by these items of misconduct. This is the only revision in the schedules.
Arjun : That is why they say, it is of lesser gravity.
Shrikrishna : True. Therefore, punishments prescribed for 1st schedule are much milder as compared to Second Schedule misconduct.
Arj
