nature of work and the internal qualification for
recruitment. In view of the promotional avenues available to
the Internal Auditors and the high pay scales ... more
responsibilities. Per contra, Internal Auditor works under the control
of Chief Auditor. Duty of the Internal Auditor is to audit the billing
Board viz.
Head Clerks, Head Clerk-cum-Divisional Accountants and Internal
Auditors were revised. Subsequently, by an order dated 03.10.1990,
the pay scale of Head ... same order dated 03.10.1990, the pay
scale of the Internal Auditors was revised to the scale of
Rs.1800-3200; but the pay scale
Internal audit.—
(1) Such class or classes of companies as may be prescribed shall be required to appoint an internal auditor, who shall either ... such other professional as may be decided by the Board to conduct internal audit of the functions and activities of the company. (2) The Central
Audit Committee may call for the comments of the auditors about internal control systems, the scope of audit, including the observations of the auditors ... Board and may also discuss any related issues with the internal and statutory auditors and the management of the company. (6) The Audit Committee shall
disclose the composition of the Audit Committee. (5) The auditors, the internal auditor, if any, and the Director-in-charge of finance shall attend ... vote. (6) The Audit Committee should have discussions with the auditors periodically about internal control systems, the scope of audit including the observations
material, spares, work in process
and finished goods determined by internal auditors. Ld. CIT (A) failed to appreciate
ITA Nos.722,218&1306
offence was between 2013 and 2017.
9. The applicant was an internal auditor of the SBFL for the financial
year 2008-09 till ... activities of inflating the accounts there was a hand of
my internal auditor Raman Bhuraria as well.
LTI
Kewal Krishan Kumar
Tihar Jail
Managing Committee) that it was necessary to have an Internal Auditor of high standing, one who had held a top position in the Government with ... this behalf, to be the most suitable and was appointed the Internal Auditor. He was to be paid remuneration according to what was applicable
disallowance of Rs. 2,89,650 paid to Shri V. Mohan, Internal Auditor
(9) The Commissioner of Income Tax (Appeals) erred in allowing only ... which are as under:
Legal and Professional Fees
1) Hiten Talati (Internal Auditor upto June' 93) 15,583.00
2) Little and Company (Expenses
incurred
shareholding and entrusted
the valuation to the company’s own internal auditor’s associate, a
related entity. Though a fairness report was obtained ... respondent company had produced the Basic Principles
Governing Internal Audit which mandates that the internal auditor
shall be free from undue influence and shall resist
