https://www.taxtmi.com/caselaws?id=22767 The court upheld the constitutionality of Section 44AB of the Income-tax Act, 1961, dismissing all writ petitions challenging its validity. It found that the section's requirement for audit by chartered accountants serves the purpose of ensuring accurate financial records, preventing fraud, and facilitating tax administration. The court rejected claims of discrimination against non-chartered accountants, emphasizing the specialized skills necessary for auditing. Additionally, it ruled that the section's classification is reasonable and does not unreasonably restrict the petitioners' right to practice their profession. The court granted leave to appeal to the Supreme Court. en-us Tue, 29 Aug 1989 00:00:00 +0530 Sat, 12 Dec 2009 17:58:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22767 The court upheld the constitutionality of Section 44AB of the Income-tax Act, 1961, dismissing all writ petitions challenging its validity. It found that the section's requirement for audit by chartered accountants serves the purpose of ensuring accurate financial records, preventing fraud, and facilitating tax administration. The court rejected claims of discrimination against non-chartered accountants, emphasizing the specialized skills necessary for auditing. Additionally, it ruled that the section's classification is reasonable and does not unreasonably restrict the petitioners' right to practice their profession. The court granted leave to appeal to the Supreme Court. Case-Laws Income Tax Tue, 29 Aug 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22767