Whether it is possible to reduce fees of statutory auditor of a private company on reappointment ????

while calculating the ceiling on number of audits under section 224(1B), whether audit of any government company is also to be considered????

We have one client to whom we are charging 35000 as audit fees.

Now the client want other professional service(valuation of share). Can we do it. If we do it, then how much fees we can charged from such client. Is there any notification of ICAI in this regards.

CA. Sanjay Garg

In case of professional, who is a visiting faculty in various institutes, whether teaching honorarium received by him will be considered for calculating limit for 44AB. The institute paying honorarium is duduction TDS as professional fees.

Hi,

I have recently applied for COP and planning to join a 15 year old existing firm as partner. I am also planning to do my own practice in my individual capacity.
In this regard, need clarificaiton w.r.to:
1.Can practice simultaneously in individual capacity when I am a pertner in another firm.
2.If yes, shall I intimate the same to instittue ? (I hold COP)
3. Is it better to practice in individual capacity or to float a proprietorship firm.
4. Please also clarify any advantages/disadvantages with the above mentioned arrangements.

Thanks in advance for the help.
V. Srinivas.

Is caro applicable to a private limited company which is a 100% sbsidiary of a foreign company if it satisfies all other conditions regarding its status as a private company mentioned in section 3 ?

A person Mr.x is a consultant in a co-operative society.His son is a auditor in the same society.Is appointment of auditor valid ??? pls answer and also give some reference to prove the above case.and if not valid then what action can be taken against the auditor??pls suggest .according to me he is employee of the society so he is disqualified according to sec 224...

An auditor was a director of a co-op. bank during the year 2008-09. Now he has resigned from the post. Can he accept the audit of the said bank for the year 2008-09 after resigning from the post?.

Is it ok with the code of ethics in our CA for the following case?

Same Company.
Father CA - Statutory Auditor.
Son CA - Internal Auditor.

Thanks in advance.

i wana ask dat how do i study sudit .actuly m 0 in audit n my attempt is nov 09
how do i start?
which buk i should prefer?