CASE:
An assessee's books of accounts has been audited twice by two Auditors and two audit Reports were given for the same assmt year. There is no difference between these financial statements.
As per the IncomeTax act, assessee's liability is to get audit his accounts on or before the prescribed date.
He complied the law very well but twice.Whether Assessee's action is right or wrong?
Is there any specific provisions regarding this issue to conclude it as a wrong thing? or is there any prohibition regarding auditing twice??
What are the consequences liable in the hands of Assessee as well as the Auditors?
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