Closing stock valuations under tax audit

Can chartered accountant over value stock of 55L to 63L. Will chartered accountant be held liable in future?
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Quick Summary
This discussion addresses concerns about a Chartered Accountant potentially overvaluing stock for tax audit purposes, specifically from £5.5 million to £6.3 million. It explores whether a CA can be held liable for such actions if they are found to have falsely inflated the stock's worth. The consensus is that a CA can indeed be held guilty if they intentionally misrepresent stock valuations.

Over valuation may be due to many reasons.

Ofcourse, CA can be held guilty if he falsely overvalue stock. 

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