Is there any problem on the part of in signing a balancesheet on a CA's own letter head in Income Tax Audit or has to sign on the clients own balancesheet
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Balance sheet on the ca letter head
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Book preparation and record keeping are responsibility of management. Therefore, they need to prepare the balance sheet and we have to just audit them. Therefore, the Balance Sheet must be on clients letterhead. Only our Audit report need to be on our own letterhead.
This applies to company audit as well as income tax audits.
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