Case Law Details
Case Name : K. Bhagavatheeswaran Vs Institute Of Chartered Accountants of India (Madras High Court)
Related Assessment Year :
Courts :
All High Courts Madras High Court
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All the auditors cannot be placed on an equal footing and an assumption cannot be made that an auditor would be able to fulfill his obligations only up to 30 tax audit assignments under section 44AB of the Income-tax Act, per financial year. It is not known on what basis or on what statistics it is contended by the respondents that only 30 tax assignments can be undertaken by a chartered accountant. What applies to an individual chartered accountant would equall
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Tax Audit Limit cap is unconstitutional provisions, no rules/ guidelines can override our constitution
It is interference of fundamental rights of a person
it should be abolished
yes shri sivaraman viswanathan, you can move SC under Art 32 for judicial review as anybody affected can right royally move that is why we have Apex court to review any decisions why even division benches of SC too could be moved before constitutional benches of very hon SC sir!
it would be wiser to leave it to ICAI rules and views i think!
Whether this decision is applicable for the particular CA only or it is applicable for the particular CA Firm? Whether other CAs can also take shelter under this decision?
Is there any further appeal against this judgement?