Partnetship
This query is : Resolved
04 December 2014
in a partnership firm der r 2 two partners n dey hav conflict between them..one of the partner mail the auditor not to carry out audit n auditor agrees on that is d auditor is guilty r not???
04 December 2014
Who of the 2 partners is empowered to give such instruction is the chief concern?
Before arriving at any conclusions as to GUILTY (Although it sounds to be VERY much BLOWN up word, a number of factors shall be considered as to what was the earlier behaviour of the said partner with Auditor, whether he/she used to give the similar instructions.... who was, on and average, liasoning with auditor for earlier years.....
Yet another issue is if the auditor is AWARE of the dispute, then he has every RIGHT to act on the instruction of any of the partners whether OR not the partneship deed otherwise provide.
Before arriving at any conclusions as to GUILTY (Although it sounds to be VERY much BLOWN up word, a number of factors shall be considered as to what was the earlier behaviour of the said partner with Auditor, whether he/she used to give the similar instructions.... who was, on and average, liasoning with auditor for earlier years.....
Yet another issue is if the auditor is AWARE of the dispute, then he has every RIGHT to act on the instruction of any of the partners whether OR not the partneship deed otherwise provide.
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
- Income tax return change regime form necessary or not?
- Tax Audit Mandatory or Optional
- Machinery taking back from repair work shop
- Resignation of auditor and appointment and cfss
- EXEMPTION OF LONG TERM GAIN UNDER SECTION 54F
- Refund of Rs.4,00,000/- pursuant to Appeal Order – Deceased Proprietor & Closed Bank Account
- Medical facility
- Maintenance of asset register
- GST Registration DELHI MUMBAI
- Refund credit after 143 (1) intimation
- Format of Physical Letters submitted at ASK ( Aayakar Sampark Kendra)
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
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
