In pvt ltd Company, if an auditor first give audit report for the year 31-3-2012, where he says CARO, 2003 in not applicable.. The same audit report is being forwarded to all shareholders..
Now, when company upload audit report on the ROC Portal for the same year that is 31-3-2012 and it shows annexures as required in Para 4 & 5 of CARO, 2003, then which is correct?
What is the intention behind this? Can CA be considered in Professional misconduct for this guilty?
This suggest 2 AUDIT report for the same year, where one says CARO, 2003 NOT APPLICABLE and other one have annexure, statement report as requirement by CARO's Order in Para 4 & 5.
Please reply, Is this professional misconduct by CA?