TAX AUDIT AND STATUTORY AUDITOR

8678 views 6 replies

can same auditor who does statutory tax audit  can sign tax audit report u/s 44ab in case of limited company?

pls send me reply on cavickyshah @ gmail.com

Thanks

vatsal

Replies (6)

YES SAME AUDITOR CAN DO BOTH tAX AUDIT AND STATUTORY AUDIT

Ya Statutory auditor can sign the tax audit report.

Yes friend , statutory auditor can perform both function simultaneously...because :

1. Independence remains unaffected.

2. No any disqualification attracted given as per companies act.

3. No professional misconduct as per CA Act , 1949.

so there is no problem at all...i think u r convince now.

 

Yes , Statutory auditor can do the same task.

Because, Independence remains unaffected.No professional disqualifaction is attracted under CA Act, 1949.

Yes same auditor can do the two task.

Reason:- 1:-Independence remains unaffected.

                   2:- No disqualification is attracted under CA Act, 1949. 

 

The statutory auditor can sign the tax audit report but an internal auditor cannot act as a statutory auditor

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