Constitution of National Advisory Committee on Accounting Standards.

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..... ommittee on Accounting Standards [2] (hereafter in this section referred to as the "Advisory Committee") to advise the Central Government on the formulation and laying down of accounting policies and accounting standards for adoption by companies or class of companies under this Act. (2) The Advisory Committee shall consist of the following members, namely: __ (a) a Chairperson who .....

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..... (f) a person who holds or has held the office of professor in accountancy, finance or business management in any university or deemed university; (g) the Chairman of the Central Board of Direct Taxes constituted under the Central Boards of Revenue Act, 1963 (54 of 1963) or his nominee; (h) two members to represent the chambers of commerce and industry to be nominated by the Cen .....

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..... o the officers of the Central Government of the highest rank.] --------------------------------------- Notes:- [1] Inserted by the Companies (Amendment) Act, 1999, w.r.e.f. 31-10-1998. [2] Government has constituted the Committee vide Notification No. 1433(E), dated 27-9-2005 [upto 28-2-2006]. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Re .....

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