SHOCKING: REASON FOR COMPULSORY TAX AUDIT EFILING
In the year 2011-12, ICAI along with CBDT did a thorough check of tax audit reports and observed that a number of tax audits reports were filed by the assessee by quoting Fake Membership details of the Chartered Accountants. Some of the points observed were:
a) 696 membership numbers (1385 tax audits conducted) quoted by the assessees in e-returns do not subsist at all.
b) 420 membership numbers belong to deceased members.
Source: https://www.facebook.com/CharteredClub/posts/10151470237117151
CAclubindia
