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Discussion > Audit > Others >

Audit 44ad

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Account

[ Scorecard : 48]
Posted On 20 June 2012 at 08:39 Report Abuse

 

If a Chartered Accountant holding COP and partner in Partnership firm of CA ,Can sign audit report of audit under sec 44AD in his individual capacity ? 

Kindly clarify with reference.



*Siddharth Bumb*
B.Com CA Final CS Professional

[ Scorecard : 3319]
Posted On 20 June 2012 at 14:19

i think yes... he can do... wait for expert's comment....




rakeshagrawal
director

[ Scorecard : 26]
Posted On 20 June 2012 at 14:46

Yes, he can sign audit report under section 44AD subject to maximum limit under CA Act 1949.

 



CA Saurabh Khetan
ca

[ Scorecard : 48]
Posted On 20 June 2012 at 16:00

truly said... CA can sign the audit report.. subject to his celling limit

 



CA PRAVEEN SINGH
MANAGER ACCOUNTS

[ Scorecard : 2221]
Posted On 20 June 2012 at 16:31

YES.  CA can sign the audit report.. subject to his celling limit



Sankalp Patwa
Student

[ Scorecard : 187]
Posted On 21 June 2012 at 11:54

Agreed with Pravin Sir 

CA can sign the audit report subject to his ceiling limit

 

Also disqualifications u/s 226 of companies act to be checked



amit
Account

[ Scorecard : 48]
Posted On 21 June 2012 at 11:59

Originally posted by : CA Saurabh Khetan

truly said... CA can sign the audit report.. subject to his celling limit

 


I think audit of 44AD is not covered in celling limit of 45 by any CA.



dholiyaarvind
chartered accountant

[ Scorecard : 79]
Posted On 13 July 2012 at 10:08

amit is right...


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