https://www.taxtmi.com/acts?id=41442 Assessing Officers may, with prior approval of the appropriate senior commissioner, direct an assessee to obtain an accounts audit by a nominated accountant or an inventory valuation by a nominated cost accountant where complexity, volume, specialised business activity or interests of revenue warrant it; the nominated professional must submit a prescribed signed and verified report with specified particulars, the assessee must be given a reasonable opportunity of being heard, and an Explanation defines "cost accountant" by reference to the Cost and Works Accountants Act, 1959 and certificate of practice. en-us Thu, 30 Mar 2023 15:59:29 +0530 Tue, 04 Apr 2023 14:46:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41442 Assessing Officers may, with prior approval of the appropriate senior commissioner, direct an assessee to obtain an accounts audit by a nominated accountant or an inventory valuation by a nominated cost accountant where complexity, volume, specialised business activity or interests of revenue warrant it; the nominated professional must submit a prescribed signed and verified report with specified particulars, the assessee must be given a reasonable opportunity of being heard, and an Explanation defines "cost accountant" by reference to the Cost and Works Accountants Act, 1959 and certificate of practice. Act-Rules F. Acts / Amendment Acts Thu, 30 Mar 2023 15:59:29 +0530 https://www.taxtmi.com/acts?id=41442