Feb 17

SECP issues list of approved CA firms for audit of insurance companies

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) on Tuesday issued a list of chartered accountant (CA) firms to conduct audit of insurance companies. Following is the list of approved auditors to conduct audit of insurance, re-insurance and Takaful entities: Category ‘A’ Firms: 01. A. F. Ferguson & Co. Chartered Accountants 02. Grant Thornton […]

by Mrs. Anjum Shahnawaz

Chartered accountants liable to penal action for issuing false tax certificate

Feb 3

Taxation

Chartered accountants liable to penal action for issuing false tax certificate

KARACHI: Any auditor of professional accountancy firm is liable to penal action in case found guilty of misconduct in furnishing false tax certificate, sources in Federal Board of Revenue (FBR) said. Referring to Section 8B of Sales Tax Act, 1990, the sources said that tax authorities allowed input tax adjustment to a taxpayer on the […]

by Mrs. Anjum Shahnawaz