Morning star (none) (91 Points)
08 June 2010can a CA charge lesser fees for his work inorder to get work as compared to another CA/consultant?
Whether the provisions of CA act are applicable in this case?
Whether such restrictions are applicable only to audit work or to income tax, financial consulting work also
Vinay Verma
(Chareterd Accountant)
(143 Points)
Replied 08 June 2010
Hi Yasmin ......
According to CA Act a CA cannot charge a lesser fee as compared to previous auditor..... This is against the professional ethics ..... CA can be held liable for this .......
Wait for other replies also ......
All The Best
U can also catch me at vinay.kr.verma @ gmail.com
Morning star
(none)
(91 Points)
Replied 08 June 2010
Hi vinay,
do you think that this is the answer according to the amendment to CA act?
ramesh
(Coming Weapon ( CA Final))
(86 Points)
Replied 08 June 2010
hai freind ..ca can charge fee not lessthan the norms as per council guidelines 2008 on the basis of population of city
Vinay Verma
(Chareterd Accountant)
(143 Points)
Replied 09 June 2010
Hi Yasmin ....
Sorry for the last reply as that was wrong ..... I told u the clause which is now not applicable ...... Earlier there was a clause 12 in Part 1 of first scedule of CA act which delt with under cutting of fees ...... Now this clause is not applicable .... now CA can charge a lower fees but that fees cannot be lower than the minimum fees fixed by the CA regulations that are based on the population of the city .....
Ok....
All The best
u can also mail me at vinay.kr.verma @ gmail.com
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