My CA wants to sign the following letter after audit.
DECLARATION OF COMPLETION OF AUDIT AND AUDIT FORMALITIES
We the under named artices of ……………. have conducted the Audit as per the Standards laid down by office to the highest standards and all the material facts has been reported to the Principal and also recorded in the working papers. The Details of all the claims taken by the party as per the prevailing laws in India .That we have prepared all the Peer review Papers in the audit and no part is pending. If any gross negligence is found,we may be hold personally liable for the same.
Name of the Unit;
Period :
Staff Involved:
Final Checking of BS ,P& L etc. etc by :
Final Checking of Form 3CD to be Uploaded by:
( ) ( )
Articled Clerk Articled Clerk
Pls suggest me should I sign or not.
pls provide me sailent features under section 44 ad of the income tax act
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Dear SIR,
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CAclubindia
Regarding articleship