Tax auditor

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

16 July 2015 I have proprietorship firm. My son is Chartered Accountant. Can i appoint my son as my Tax Auditor.

Thanking you in anticipation

Nikhil Kaushik

Nikhil Kaushik (Expert)
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16 July 2015 no. you should not. and anyways, your son should know the answer to this question..shouldnt he?

Querist : Anonymous

Querist : Anonymous (Querist)

17 July 2015 But where it is written.

I mean the provision which restrict the CA to appoint as auditor is in Companies Act and i have have proprietorship firm of business and in any case Tax Auditor gives true & correct view in his auditors report.

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CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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17 July 2015 Refer Councils general guidelines, 2008 for same

Nikhil Kaushik

Nikhil Kaushik (Expert)
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17 July 2015 As I said again, your son should know this. If he doesn't then can't help!!

Anyways, would like to enlighten you here...refer this link page http://www.icaiknowledgegateway.org/media/k2/attachments/Guidance_Note_on_Independence_of_Auditors.pdf

refer page 22 along with Clause (4) of Part I of the Second Schedule of Chartered Accountants Act, 1949