Dear sir/madam
This query is : Resolved
03 April 2013
Whether practicing cost accountants have the authority to sign on tax audit. i heard that a cost accountant can make tax audit of a company or firm which having turnover up to 10crores.
Whether practicing cost accountants have the authority to sign on tax audit. i heard that a cost accountant can make tax audit of a company or firm which having turnover up to 10crores.
03 April 2013
No. only CA's can perform tax audit under Income tax act.
There is no enabling clause for Cost accountants irrespective of turnover.
There is no enabling clause for Cost accountants irrespective of turnover.
03 April 2013
NABARD has decided to appoint 'cost accountants' to do 'stock audit'.
03 April 2013
Dear warrierji,
He is asking about tax audit.
He is asking about tax audit.
04 April 2013
KumarJi
I mean the hear say may be wrong understanding about 'stock audit' assignment and not appointment of 'tax audit'.
I mean the hear say may be wrong understanding about 'stock audit' assignment and not appointment of 'tax audit'.
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