Finance ministry plans special Satyam audit

CA Manish K Dhoot (CA, B. Com, NCFM, CPCM) (5015 Points)

30 May 2009  

A decision on this will be taken after the tax authorities go through the report of the Serious Fraud Investigations Office (SFIO), which they have requested from the corporate affairs ministry.“We have written to the Ministry of Corporate Affairs to provide us the SFIO report on Satyam Computer,” a source said.Recently, the income-tax authorities conducted a special audit of the accounts of several firms including DLF, which got a tax notice of about Rs 400 crore.