Audit By Dept. Officers- CAG- Are they legal?



The Central Excise as well as Service Tax have been amended post liberalization to follow the self assessment scheme. It means that the return is accepted as correct. However as a check against filing incomplete, incorrect, faulty returns there are provisions forsearch seizure as well as summon for
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About the Author

Chartered Accountant

Madhukar N Hiregange B.Com., FCA, DISA (ICAI). Passed CISA. Senior Partner Hiregange Associates having offices in Bangalore, Hyderabad, Vishakhapatnam, NCR/ Gurgaon, Mumbai Chennai. Associated with few CAs across India as mentor. Faculty at Hiregange Academy a knowledge employability initiative engaged in t ... Read more

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