Tax audit under Direct tax code
This query is : Resolved
28 July 2010
Whether under Direct tax code, practicing cost accountants are eligible to do Tax audit ?
CA. Pradeep Nayak
(Expert)
28 July 2010
Only Chartered Accounatnts holding Certificate of Practice can take up tax audit assignments.
CA.ViVeK M ACA
(Expert)
28 July 2010
Cost accountant cannot taking up the tax audit assignemnt. Whereas a practising chartered Accountant can take up the tax auidt assignment
VINOD ARORA
(Expert)
03 August 2010
Direct Tax Code is still in the finalisation stage and there may be changes until final approval/implentation in due course.
However, in the menatime, developments show that only CAs shall be considered for audit function even in DTC as well.
However, in the menatime, developments show that only CAs shall be considered for audit function even in DTC as well.
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