Sec 141
This query is : Resolved
06 May 2015
Mr X CA IS DIRECTOR IN SUBSIDIARY CO.CAN HE AUDITOR OF HOLDING CO.IS THERE ANY DISQUALIFICATION OR PROFESSIONAL MISCONDUCT IF HE ACCEPT
12 May 2015
yes as per clause 1 of part2 to second schedue to chartered accountants act 1949 states
" he will deemed to be guilty of professional misconduct if he contravens any provision of ca act 1949 or any other law for the time being in force"
so if he is disqualified for holding co then he cant accept for subsidiary co and hence he will attarct the above said clause.
" he will deemed to be guilty of professional misconduct if he contravens any provision of ca act 1949 or any other law for the time being in force"
so if he is disqualified for holding co then he cant accept for subsidiary co and hence he will attarct the above said clause.
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
- STCG....................................................
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Treatment of Pension ?annuity returns on PMVY
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Sales return eway bill
- Free lancer income
- STCG FOR GOLD ETFs
- Loan by Partnership Firm
- Specified Profession
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
