https://www.taxtmi.com/caselaws?id=24642 The court upheld the constitutionality of restricting the term "accountant" to chartered accountants under section 44AB of the Income-tax Act, 1961. The petitioners' challenge based on alleged violations of Article 14 and the fundamental right under section 19(1)(g) of the Constitution was dismissed. The court found the classification of chartered accountants for audit purposes to be reasonable, aimed at preventing tax evasion, and ensuring meticulous scrutiny of accounts by qualified professionals. The comparison with section 142(2A) of the Income-tax Act did not render section 44AB invalid. en-us Mon, 19 Jan 1987 00:00:00 +0530 Thu, 21 Jan 2010 14:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24642 The court upheld the constitutionality of restricting the term "accountant" to chartered accountants under section 44AB of the Income-tax Act, 1961. The petitioners' challenge based on alleged violations of Article 14 and the fundamental right under section 19(1)(g) of the Constitution was dismissed. The court found the classification of chartered accountants for audit purposes to be reasonable, aimed at preventing tax evasion, and ensuring meticulous scrutiny of accounts by qualified professionals. The comparison with section 142(2A) of the Income-tax Act did not render section 44AB invalid. Case-Laws Income Tax Mon, 19 Jan 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24642