06 May 2010
In case of appointment of an auditor in place previously held by some other person then the auditor should communicate to the previous auditor that whether there is any reason why he should not accept the place of auditor and it applies to all types of audit including tax audit.
The maximum no. of tax audits is 45 tax audit reports including all companies, Partnership Firms, Propritorship Firms, etc.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
06 May 2010
communocation required in case of prop. firms also? communication through telephone is enough or written documents should b there? plz tel me the procedure
06 May 2010
Communication must idaeaaly be sent via registered post or via means by which you would get and receipt acknowledgement for receiving of documents.
If not communicated before accepting the audit then the member would be guilty of misconduct as per ICAI rules.