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Communication with previous auditor

Sandeep Keswani (Tax Consultant) (1064 Points)

23 January 2009

Here is a hypothetical situation. Want answers from you.

Suppose a CA (ofcourse practicing CA) wants take up a new Tax Audit assignment under sec. 44AB of Income Tax Act. As a part of professional conduct, he communicates with the previous auditor to enquire whether there is any professional reason due to which the audit should not be accepted. The previous auditor gives a negative report about the client and says the assignment should not be accepted. Now whether the CA in question can accept the audit ?? If no, how the assessee will comply sec 44AB if every CA goes on refusing the assignment ??

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2 Replies

Nishant (Charterted Accountant) (56 Points)
Replied 29 April 2009

Originally posted by :Sandeep Keswani

First of all ,, How the Assesse will under Tax Audit .. in none of the Incoming Auditor concerns .Secondly . there should be a reason from the previous Auditor as he has not been doing Audit this time .. Like Issuin a Qualified Report . , Lack of co-ordiantion from client ., non -paymmant of fee etc ..

The incomin Auditor has to judge whether to accept of not bases on the reasons told by P.Auditor

In case further diss pls mail me nishuagrawal @ gmail.com

Here is a hypothetical situation. Want answers from you.

Suppose a CA (ofcourse practicing CA) wants take up a new Tax Audit assignment under sec. 44AB of Income Tax Act. As a part of professional conduct, he c

ommunicates with the previous auditor to enquire whether there is any professional reason due to which the audit should not be accepted. The previous auditor gives a negative report about the client and says the assignment should not be accepted. Now whether the CA in question can accept the audit ?? If no, how the assessee will comply sec 44AB if every CA goes on refusing the assignment ??