Can a director be internal auditor for the same company
This query is : Resolved
08 November 2011
Mr. A is a chartered accountant who his holding COP and practices as sole-proprietor with name M/s. A&co., chartered accountants. He is also a non-executive director in a Private Limited company. Now can the Pvt.Ltd.co., appoint Mr.A, as its internal auditor......In simple language can a director of a company be appointed as its internal auditor.....
12 November 2011
Professional providing any professional service can not be hold any interest in the same company unless the service influenced by his interest.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Last year TDS Claim
- Taxation on LTCG for property sold after 24JUL2024
- Suggestions required for income tax filing-software (FY 2025-26)
- GST ON DAMAGED GOODS
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
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
