Hi Friends I am MBA student can i opt for Tax Audit plz advice me friends
4th April 2012 From India , Hyderabad
Dear hmtrainee,
An MBA can assist CA in doing tax audit. It is not that an MBA cannot do tax audit work, but a Tax Audit Report is signed by CA only. An MBA is not authorised to sign tax audit report nor a tax audit report is valid if it is signed by MBA.
1st June 2012 From India , Bhopal
Dear Shaz87, High hopes... An MBA is not authorized to do tax audits... Only u can assist CA in doing tax audits...
13th June 2012 From India, Guwahati
Only Chartered Accountants are allowed to sign tax audit reports. However, an MBA can assist a CA in preparing the tax audit report.
3rd July 2012 From India ,
As per Income Tax Act only Chartered Accountants are allowed to sign tax audit report. If you have knowledge regarding tax audit you can be a member of audit team. But only C.A. can sign.
14th July 2012 From India,
In India Only qualified Chartered Accountant holding valid Certificate of Practice can only Sign Tax Audit Report.
If you are working with practicing CA then you can conduct the audit work. as said signature on audit report has to be done by CA.
CA Kintal Shah
5th June 2013 From India, Mumbai
Only CA is authorized to do the tax audit and sign the report.
28th June 2013 From India, Mumbai
Are you serious? In India Income Tax Act allows only CA’s to certify tax audits. You can carryon the Tax consultancy if you are well equiped.
21st August 2013 From India, Bangalore
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