If a CA is a PORTFOLIO MANAGER in a company, can he do the TAX AUDIT of such a company ...
6 Replies
Pankaj Arora
(Learner)
(3134 Points)
Replied 16 March 2011
Company's CA can do only internal audit of comapny....
CA abhinandan agarwal
(CA CS Bcom(H))
(174 Points)
Replied 16 March 2011
he become employee of co.so he cant do....
Sindhuja
(Articled Assistant)
(36 Points)
Replied 16 March 2011
Ten, he is supposed to b an employee.
As per sec.226(3) officer or employee of the co., cannot do tax audit.
md rizwan ali
(student)
(41 Points)
Replied 18 March 2011
hi
wheater A proprietor having two business, need to for tax audit u/s 44AB if the turn over of one business is 31 lacs and that of another 12 lacs. pls tell me the conditions for tax audit.
Ruchi
(Articled Assistant)
(22 Points)
Replied 18 March 2011
no he cant do because he is employee of co.
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