X An Individual Appointed As Auditor Of Pvt Ltd (Non Small) Company For 5 Consecutive Year And Completed 5 Year Term. X Also Partner In A Partnership Firm M/S XY. Can M/S XY Be Appointed As Auditor Of The Same Pvt Ltd Company For Next 5 Years. In The Light Of Provision Rotation For Firm Of CA Is For 10 Years.
2 Replies
Ruchika Somani
(Coaching and Practice in Tax Audit Law.)
(4429 Points)
Replied 08 January 2019
No, partnership firm cant be appointed as CA for next 5 years
CS Smreti
(cs)
(641 Points)
Replied 09 January 2019
refer section 141(3)(a)..it sets out eligibility criteria
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