Can A CA Tax Audit his brother's proprietory Business ???
In Which CA has given Loan also...
Please clarify both these points urgently.
CA Devanshi Gandhi (Ajani)
(FCA DISA Mcom CIFRS & LLB)
(9060 Points)
Replied 24 September 2009
u can
Anil
(CA)
(22 Points)
Replied 24 September 2009
Yes i dont think that anything stops you from Doing the same, But it is always to be seen that your audit is free from the influence of personal relations and is done as per the principles laid down.
CA Akshey Kumar
(Practice)
(232 Points)
Replied 24 September 2009
u can do that audit bt u should qualify your relation in the audit report
CA Sidhi Gaur
(Chartered Accountant)
(247 Points)
Replied 22 October 2009
i agree, u cn nt undertake audit of firm in which u hv substantial interest otherwise it will lead to misconduct.