Query related to tax audit

I think Tax audit report can be signed as there are no qualifications or disqualifications specified for appointing Tax auditor.

No, read this /experts/c-a-signing-tax-audit-report-for-business-run-by-father--189381.asp

Since there  is no express restriction anywhere under income tax act or rules so by principle of negative analogy in my opinion  you can sign the tax audit report.

But under CA regulations act you may be guilty of professional misconduct ,pls refer dis link below.

/experts/c-a-signing-tax-audit-report-for-business-run-by-father--189381.asp

Agreed with Jagrut and Tushar, sorry for inconvineance actually i was referring only the act.

NO.

A member cannot express opinion where he is having "substantial interest"..!!

If he does so ..the member shall be deemed to be guilty of professional misconduct under

Clause 4 of Part 1 of the Schedule 2 of the C.A. Act, 1949.
 

The consequences of the abovementioned misconduct are any or all of the following :

1) Reprimand the member
2) Removal of the name from the register of member for any period or permanently
3) Find upto Rs. 500,000 /-