ICAI expresses its concern on the proposed definition of "Accountant" in DTC, 2013

Last updated: 17 April 2014

As the members are aware, the Direct Taxes Code, 2013 has proposed to widen the scope of the definition Accountant to include other professionals as well. It is a fact that various provisions in the Income-tax Act, 1961 under which chartered accountants have been given the responsibilities to undertake audit and certification of accounts of various entities have the emphasis on audit of the relevant accounts which is the exclusive domain of Chartered Accountants. The Council of ICAI is aw
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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