Can a commerce graduate sign a Balance sheet, if yes, what is the process
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Quick Summary
Generally, a commerce graduate cannot sign a balance sheet. Signing a balance sheet is typically reserved for qualified professionals such as Chartered Accountants (CAs) or certified international internal auditors. There is no provision in income tax law that authorises a standard commerce graduate to do so, and they would need specific approval from the income tax authority, which is not a common practice.