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2004 (10) TMI 30 - DELHI HIGH COURTFee of special auditor (chartered accountant) - fixation of the remuneration of the auditors - Order made by the Commissioner of Income-tax u/s 142(2D) - order speaks about the maintenance of a diary of work done with details of time allocation of the audit work. The Commissioner of Income-tax after a careful consideration of all the aspects of the cases and work done by the auditors fixed the fees at Rs. 5 lakhs. was appointed as a special auditor to examine the matters and to submit a report. - It should not be forgotten that the chartered accountant is a professional and so far as fees are concerned ordinarily it would differ from person to person. However, in the instant case, we are of the opinion that the fees have been charged as per the norms laid down by the All India Institute of Chartered Accountants - we cannot interfere with the order made by the Commissioner of Income-tax u/s 142(2D) - assessee is directed to pay the amount to the chartered accountant within a period of four weeks with interest at the rate of 15 per cent, from the date of submitting the bill.
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