Regarding noc for tax audit
This query is : Resolved
Guest
Guest
(Querist)
27 June 2012
A query regarding tax audit:
A CA is appointed as tax auditor of a proprietorship concern. The letter for communication with previous auditor and for objection is sent by registered post acknowledgement due. The incoming auditor got the receipt of acknowledgement from postal dept. but no communication from previous auditor is received in writing.
My query: within how much time the incoming auditor can start work on tax audit i.e. for how many days should the auditor wait after receiving the receipt from post dept.
A CA is appointed as tax auditor of a proprietorship concern. The letter for communication with previous auditor and for objection is sent by registered post acknowledgement due. The incoming auditor got the receipt of acknowledgement from postal dept. but no communication from previous auditor is received in writing.
My query: within how much time the incoming auditor can start work on tax audit i.e. for how many days should the auditor wait after receiving the receipt from post dept.
27 June 2012
See, as per the ethics the appointed auditor should wait for a reasnable time and thereafter he can start the audit. The word reasnable time is not defined anywhere.So it will depend upon the situation.
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