Regarding tax audit

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mohitgupta2103@gmail.com
110 Points Posted on 12 August 2020
whether a ca is eligible to be appointed as a tax auditor of a partnership firm in which one partner is spouse of Ca's sister with 20% or more share in profits?
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On 12 August 2020 at 22:35 Report
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This discussion explores the eligibility of a Chartered Accountant (CA) to be appointed as a tax auditor for a partnership firm. The specific scenario involves a partner being the CA's sister's spouse holding a significant profit share. While the ICAI code of conduct generally prohibits such appointments, the institute may grant specific permission if the CA is not actively involved in the firm's management.

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Studwnt
1141 Points Posted on 13 August 2020
Chalta Hain...aab itna kon dekhega
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On 13 August 2020 at 11:34
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Article
207 Points Posted on 13 August 2020
In this case, CA is not eligible for appointment as a Tax Auditor.
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On 13 August 2020 at 20:25
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Others
1012 Points Posted on 14 August 2020

Hi Mohit

ICAI code of conduct does not allow this but, specific permission for the same can be granted by the institute if no active part is taken in the management.

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On 14 August 2020 at 05:07

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