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Internal Auditor cannot be appointed as a Tax Auditor   Message List  
Reply | Forward Message #1389 of 1459 |
Internal Auditor cannot be appointed as a Tax Auditor - (12-12-2008)
The Council in its 281st meeting held from 3rd October, 2008 to 5th October 2008 at New Delhi considered an issue arising from the Guidance Note on Tax audit under section 44AB of the Income-tax Act,1961 as to "Whether the internal auditor of an assessee, being an individual chartered accountant or a firm of chartered accountants can be appointed as his tax auditor".
 
The Council decided that an internal auditor of an assessee, whether working with the organisation or independently practising chartered accountant or a firm of chartered accountants, cannot be appointed as his tax auditor
Sat Dec 13, 2008 2:28 pm

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Forward 		Message #1389 of 1459 |
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Internal Auditor cannot be appointed as a Tax Auditor - (12-12-2008) The Council in its 281st meeting held from 3rd October, 2008 to 5th October 2008 at New... 		N. C. Mittal & Co.
ncmittalandco
Offline Send Email 		Jan 3, 2009
8:32 am
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