A CA firm Consits of 3 Partners A,B&C. No of tax audits the firm can accept is 135. Now 'A' has already signed 45 tax audits. Still the firm has space to accept tax audits and got some new audits. 'B' & 'C' were out of station. My query is Whether 'A' can sign the new audits on behalf of the firm on the grounds that the remaining partners were out of station?
30 June 2013
As per the existing rules, the partner can sign the audits. But keep in mind, you have to provide the PAN No of the partner signing the Reports while uploading the Tax Audit Reports. . It is better to wait for the partners to come back in City and sign the audit reports of their own quota. That will show that the duties of an auditor have been properly discharged by adhering not only to the number of tax audit reports only but also to the quality of the report. .