Constitution of National Advisory Committee on Accounting Standards.

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....onal Advisory Committee on Accounting Standards^[2] (hereafter in this section referred to as the "Advisory Committee") to advise the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies or class of companies under this Act. (2) The Advisory Committee shall consist of the following members, namely:^__   &nbs....

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....    (e) one representative of the Comptroller and Auditor-General of India to be nominated by him;      (f) a person who holds or has held the office of professor in accountancy, finance or business management in any university or deemed university;      (g) the Chairman of the Central Board of Direct Taxes constituted under the Central ....