Accountant-certified deduction requirement mandates an accountant's certificate to validate claims for the specified tax deduction and compliance. Taxpayers claiming the specified deduction must attach a prescribed accountant's certificate, duly signed and verified, certifying correct claim; the ... Summary
Accountant-certified deduction requirement mandates an accountant's certificate to validate claims for the specified tax deduction and compliance.
Taxpayers claiming the specified deduction must attach a prescribed accountant's certificate, duly signed and verified, certifying correct claim; the amendment also allows the competent authority to permit a further period for compliance and defines competent authority as the Reserve Bank of India or other authority authorised to regulate foreign exchange.
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