Services can't be provided by a CA to the company

This query is : Resolved

Share Report Follow Query Ask a Query

ARITRA CHAKRABORTY

ARITRA CHAKRABORTY (Querist)
Follow

17 March 2020 Apart from auditing, can a CA charge consultancy fees to a company?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

17 March 2020 As per the regulations a firm which is a statutory auditor of any company or bank cannot do any other work and earn from it.

Message likes : 1 times

Spurto Consultancy Services

Spurto Consultancy Services (Expert)
Follow

17 March 2020 Section 144 of the Companies Act, 2013 provides that an auditor shall provide to the company only such services those are approved by the Board of Directors or the audit committee, as the case may be but shall not include the following services rendered “directly or indirectly” to the company or its holding company or subsidiary company, namely:—
(a) accounting and book keeping services;
(b) internal audit;
(c) design and implementation of any financial information system;
(d) actuarial services;
(e) investment advisory services;
(f) investment banking services;
(g) rendering of outsourced financial services;
(h) management services; and
(i) services prescribed under the Rules

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

deepak

Sasidhar B

Aniruddha Mody

Vinod Patil

THOMAS JOHN

Subscribe Now

Services can't be provided by a CA to the company

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

CA Final

GST CONSULTANT

GST CONSULTANCY

Article Assistant

Accountant