Communication with previous auditor

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 ??

Replies (2)
Originally posted by :Sandeep Keswani
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Hi

 

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

 

 

 

Hi

 

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 ??

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It is left to the professional judgement of the replacing auditor whether or not he should accept the assignment

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