tax audit elegebility

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VISHAL (Querist)
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08 September 2010 is a ca is eligible to do tax audit of his father's business...

wat if he has been paid salary for few months before becoming ca in that financial year???????????

Aditya Maheshwari

Aditya Maheshwari (Expert)
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08 September 2010 It should not be done due to independence of the auditor comes under question while preparing the report.

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mohinder kansal

mohinder kansal (Expert)
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08 September 2010 It is not illegal to conduct the tax audit of father's business and not prohibited, but relation should be disclosed in report.

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VISHAL

VISHAL (Querist)
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08 September 2010 wat if he has been paid salary for few months before becoming ca in that financial year???????????

Aditya Maheshwari

Aditya Maheshwari (Expert)
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08 September 2010 report the same in 40A(2)(b) in tax audit.

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