"January, 1983" Archive

Appointment of Cost Auditor as an Internal Auditor of a Company

General Circular No. 1/1983 (20/01/1983)

Similarly, a question has now been raised whether a Cost Auditor of a Company can also be its internal auditor which has been carefully examined in this Department. Since the Cost Auditor is required to comment on the scope and performance of internal audit as per the provisions of the Cost Audit (Report) Rules, 1968, it would tend to mi...

Read More

Notification No. S.O.256 – Income Tax Dated 6/1/1983

Notification No. S.O.256 - Income Tax (06/01/1983)

Notification No- S.O.256 - Income Tax It is hereby notified for general information that the institution mentioned below has been approved by the Department of Science & Technology, New Delhi, the prescribed authority for the purposes of clause (ii) of sub-section (1) of section 35 of the Income-tax Act, 1961, read with rule 6 of the Inco...

Read More