Disclosure of audit remuneration

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Querist : Anonymous

Querist : Anonymous (Querist)

03 July 2013 Dear Experts,

Should Fees paid to Statutory auditor for the following be included in 'Taxation matters' under Schedule VI disclosure for Auditor remuneration:
a) Transfer pricing Form 3CEB
b) Form 15CB - s.195 certification

Thanks & Regards,
Rajesh

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

03 July 2013 As per revised schedule VI payments to the auditor has to be classified as
(a) auditor,
(b) for taxation matters,
(c) for company law matters,
(d) for management services,
(e) for other services,
(f) for reimbursement of expenses.

Payment for 3CEB -- grouped under clause (a) above.
Payment for 15CB -- grouped under clause (e) above.

Querist : Anonymous

Querist : Anonymous (Querist)

06 July 2013 Thank you.
Isn't form 3ceb considered as taxation matters

Querist : Anonymous

Querist : Anonymous (Querist)

06 July 2013 Thank you.
Isn't form 3ceb considered as taxation matters

Bhaskaran Chackrapani Warrier

Bhaskaran Chackrapani Warrier (Expert)

06 July 2013 yes. it may be grouped under clause(b) since it is only a 'report' and not an 'audit report'.

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