Chartered accountants oppose proposal to allow cost accountants, company secretaries to conduct tax audits

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The proposal in the Income Tax Bill, 2025 to allow professionals from ICMAI and ICSI to conduct tax audits has sparked a fierce debate. Is broadening the scope of tax audits necessary, or does it risk undermining the integrity of India’s specialized professional bodies? Here’s what experts had to say:

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Chartered accountants oppose proposal to allow cost accountants, company secretaries to conduct tax audits

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