04 August 2014
Recently a government department requested for quotation for certain professional work. Where I along with other quoted professional fees. The work got allotted to a chartered accountant who quoted rupee 1 only for the entire work which I estimated would take at least 360 man days of CA. Even the cost of one time travelling to that department is more than 200 rupees. How far the quotation of rupee 1 is justified?
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