Professional ethics


03 January 2014 A Practicing Chartered accountant has been appointed as an auditor of a Municipal Corporation. The municipal corporation owes the auditor a sum of Rs. 20,000 on account of tax due.

Will accepting the audit of the municipal corporation in this case will amount to professional misconduct.

03 January 2014 yes it is professional miscounduct under second sehedule by icai act 1949



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