Appointment of first auditor
This query is : Open
05 February 2013
I understand that the first auditor should be appointed within 1 month from the registration.
1.)My question is that "is intimation of appointment to 1st auditors by the co. required??"if no, then why because it is required for subsequent auditors
2.) 1st auditors r not required to inform the registrar about their appointment.why is it so?
3.) notice to be given to central govt. within 7 days.from where we have to count such 7 days because auditor is given 30 days time to intimate about whether he accepted the appointment or not.and whether it is for 1st auditor,subsequent auditor or for both
1.)My question is that "is intimation of appointment to 1st auditors by the co. required??"if no, then why because it is required for subsequent auditors
2.) 1st auditors r not required to inform the registrar about their appointment.why is it so?
3.) notice to be given to central govt. within 7 days.from where we have to count such 7 days because auditor is given 30 days time to intimate about whether he accepted the appointment or not.and whether it is for 1st auditor,subsequent auditor or for both
05 February 2013
Hi
It is required for both. The Provision of filing of Form-23B withe ROC is apply to both, first as well as subsequent appointment.
When you file your first Form-23AC they demand SRN of Form-23B, in that case you will give the details of your first auditor.
So, as per requirement of Form-23AC, form 23B is mandatory for all appointments.
It is required for both. The Provision of filing of Form-23B withe ROC is apply to both, first as well as subsequent appointment.
When you file your first Form-23AC they demand SRN of Form-23B, in that case you will give the details of your first auditor.
So, as per requirement of Form-23AC, form 23B is mandatory for all appointments.
06 February 2013
Thanks for your reply Ajay ji.
That means as per Act first auditor is not required to file 23B but at the time of filing 23AC, SRN of 23B is required which makes it mandatory.
Sir why intimation of appointment to 1st auditors by the co. is not required? How will auditor get to know about his appointment
Sir please clarify about 7 days time limit
That means as per Act first auditor is not required to file 23B but at the time of filing 23AC, SRN of 23B is required which makes it mandatory.
Sir why intimation of appointment to 1st auditors by the co. is not required? How will auditor get to know about his appointment
Sir please clarify about 7 days time limit
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ADVANCE PAYMENT OF ADVOCATE
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- NRI starting business in India
- TDS Deducted AY-2013-14 Not Reflected in 26as
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Eway bill not cancelled within 24 hous what can be due
- Filling ITR - U
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
