Audit

By undercutting of fees what i undrstand is charging less fee then what other CAs are charging for the same work so as to solicit the professional work....it is a bad Practice and the member will be guilty of other misconduct as given in part iv of first sch as it brings disrepute to the profession...but if the member can prove that he has valid reason for charging less fee then it will not be undercutting of fees....plzz correct me if i am wrong...

It was not now in action.. This rule was deleted...

 

This rule interprets that an auditor cant accept the audit at a lower fees which the previous auditor was charging...

 

Interstingly now this had been deleted....

 

 

Ohkk..thnk u..so dis z nt relevant for may xams

In which chapter did you see this? Secondly if its there in the PM, its very much relevant for the exams.

 

Its in professional ethics. N minimum fee guidelines are recommendatory only ,these were issued last year

How to write Tax Credit Missmatch Letter to party

regarding to which tax credit mis match... put the scenerio here first

punjab sind bank credited interest in my fdr account. his deducted tax on interest Rs. 1052/- & Rs.159/-. so i claim to income tax- Rs.1210/- but TDS return upload only Rs.1052/- & TDS not deposited Rs.159/-