Cerified practioning ca
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
01 December 2013
Can a independent cpo holding ca can do the finance consultant in private ltd co. Can holder of cop of ca can represent in the bank , towards lawyers for the consulting in the matter of the property ?
What are the restriction area when he if a finance consultant of Private co?.
What are the restriction area when he if a finance consultant of Private co?.
Hitendra Jain
(Expert)
02 December 2013
We are consultant and COP authorize us to do the job.
However As per amended Companies Act 2013 Sec. 144 Statutory Auditor of the company shall not render specified services.
Investment advisory services and Rendering of outsourced financial services are also among them.
Accordingly in capacity of Statutory Auditor of Pvt Ltd we can not do the job.
But by way of consultant other then auditor we can do the same.
Also keep in mind Sec. 194J for TDS.
However As per amended Companies Act 2013 Sec. 144 Statutory Auditor of the company shall not render specified services.
Investment advisory services and Rendering of outsourced financial services are also among them.
Accordingly in capacity of Statutory Auditor of Pvt Ltd we can not do the job.
But by way of consultant other then auditor we can do the same.
Also keep in mind Sec. 194J for TDS.
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
- Nursery business
- Tax on Amount transferred in HUF Account
- TDS on Dashcam rent and allied services
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- ETDS return q4 25-26
- Section 269ST applicability for capital introduced by partner to his partnership firm
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
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
