CAs to pay fine of Rs 10,000 for filing
incorrect info: Sushil Chandra
By PTI | Updated: Feb
07, 2017, 09.20 PM IST
NEW
DELHI: In a bid to check filing of incorrect returns by CAs, the tax authority
will impose Rs 10,000 fine on such professionals to deter such act.
"Under Section 271J... we have entrusted
responsibility with chartered accountants, valuers and merchant bankers who
files audit, valuation reports and other things... So, if they file any
incorrect information in the returns, they are also liable for a token penalty
of Rs 10,000," CBDT Chairman Sushil Chandra said.
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