Tax Return Preparer scheme allows authorised individuals to prepare and sign specified taxpayers' returns under Board-prescribed conditions. The Board may frame a Tax Return Preparer scheme authorising individuals to prepare and furnish returns for specified classes of persons; authorised ... Summary
Tax Return Preparer scheme allows authorised individuals to prepare and sign specified taxpayers' returns under Board-prescribed conditions.
The Board may frame a Tax Return Preparer scheme authorising individuals to prepare and furnish returns for specified classes of persons; authorised preparers must affix their signature to returns. The scheme may prescribe authorisation periods and procedures, eligibility criteria, a code of conduct, duties and obligations, grounds for withdrawal of authorisation and other necessary matters. Defined terms include "Tax Return Preparer" as an authorised individual, "Tax Return Preparer Scheme" as the Board-notified instrument, and "specified class of persons" excluding companies and persons whose accounts require audit under section 84.
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