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Reconstitution of Group w.r.t. C&AGs Report `Performance Audit on Appreciation of Third Party (Chartered Accountants) Reporting in Assessment Proceedings'

June, 27th 2016

Council Affairs/M-626/2016

23rd June, 2016

ALL MEMBERS OF THE COUNCIL

Madam/Dear Sir,

Pursuant to C&AG’s Report `Performance Audit on Appreciation of Third Party (Chartered Accountants) – Reporting in Assessment Proceedings’ for the year ended March, 2014, the President, in terms of the authority given to him by the Council at its 351st meeting held on 12th February, 2016, has reconstituted the Group comprising of the following members:-

CA. Sanjiv Kumar Chaudhary, Convenor
CA. G. Sekar
CA. Tarun Ghia
CA. (Dr.) Debashis Mitra
CA. Sripriya Kumar
CA. Naveen N.D. Gupta
CA. Sanjay Agarwal

CA. Mukta K. Verma, Deputy Secretary will continue to act as Secretary to the aforesaid Group.

The terms of reference of the said group are as under:-

To study the Report of C&AG `Performance Audit on Appreciation of Third Party (Chartered Accountants) – Reporting in Assessment Proceedings’ for the year ended March, 2014.
To obtain further details and information from the Office of C&AG, as required for proper analysis of the report.
To form a view on various issues raised in the report and segregate them into those that appear to be cases of violations by the members of ICAI.
To initiate structured dialogue with the Office of C&AG.
To place its findings before the Council for appropriate consideration.
To monitor the work assigned to the Tax Audit Monitoring Cell comprising the Officers of the Institute.
To deal with such other incidental matters, as are considered necessary.

Yours faithfully,

( V. Sagar )
Secretary