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Tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2018 Hi

Can a Chartered Accountant sign the tax audit report of the firm in which her parents and brother are partners? Will that be a misconduct.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 July 2018 Yes, misconduct vide clause (4) part 1 of 2nd schedule of CA Act,1949.
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 July 2018 But is it ok if the chartered accountant discloses such fact in the report as per the notification No. 1-CA(44)/71. −
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