Is there any personal liability on the CA if his certification in form 15CB went wrong ? I mean, his intrepretation of law was not accepted by the department and they issued notice to the assessee.
Please advise...
Vinod (CA in Practice) (445 Points)
05 March 2012Is there any personal liability on the CA if his certification in form 15CB went wrong ? I mean, his intrepretation of law was not accepted by the department and they issued notice to the assessee.
Please advise...
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 06 March 2012
Form 15CB is a Certificate.
The CA is just certifying what the client has produced before him.
Hence, i dont think its a personal liability of the CA.
Prateek
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