Companies act 2013 section 144

Hai all, Can a Statutory auditor appointed u/s 139 of the companies act perform the task of PREPARING AND FILING INCOME TAX RETURN for the company....? Is such services prohibited u/s 144...? Kindly Clarify Thanks and Regards Vignesh P
Replies (4)

As per my view it would fall under "Management Services" under Section 144 of the Act. Since statutory Auditors are appointed by shareholders for audit and responsiblity of filing returns vests on Company.

It  is common for statutory auditors to also act as tax consultants  for the  company.  Work relating to tax consultancy  does not come under "Management Services" and is not prohibited.

 

 

Thank you sir, Can you please clarify which all services would fall under the category of "Management services"...??

 

There  is  difference between 'management services' and 'management consultancy  services'.  While activities relating to  day-to-day  management of the company may fall under 'management services', giving consultancy  may be 'management consultancy services'.  Proper classification  will depend upon facts of each case.

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
23 October 2026
Sr. Accountant

SANKARAN & KRISHNAN

New Delhi

B.Com

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
13 October 2026
Accountant

Zerdi & Co. Chartered Accountants

Pune

B.Com

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details