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Advance Of Audit Fees

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(Querist)
28 August 2009
can an Auditor take advance payment of his statutory audit fees?

If yes wouldn't he activates provisions of section 226(3)?...
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Deepali

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Deepali (Expert)
28 August 2009 Statutory Auditor can be made Advance Payment and the same will not attract the provisions of Section 226(3), there is a clarification of ICAI on the same issue.
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Ankur Garg

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Ankur Garg (Expert)
28 August 2009 100% Agree.
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Rahul

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Rahul (Querist)
29 August 2009 Thank you,

can you tell me in which clarification institute has clarified the same & it would be great if u hav a copy of the same,,,
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Rahul

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Rahul (Querist)
29 August 2009 Thank you,

can you tell me in which clarification institute has clarified the same & it would be great if u hav a copy of the same,,,
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Rahul

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Rahul (Querist)
29 August 2009 Thank you,

can you tell me in which clarification institute has clarified the same & it would be great if u hav a copy of the same,,,

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