can same auditor who does statutory tax audit can sign tax audit report u/s 44ab in case of limited company?
pls send me reply on cavickyshah @ gmail.com
Thanks
vatsal
CA.VATSAL SHAH (SERVICE) (202 Points)
03 June 2008can same auditor who does statutory tax audit can sign tax audit report u/s 44ab in case of limited company?
pls send me reply on cavickyshah @ gmail.com
Thanks
vatsal
Vikasarita
(CA Practice )
(39 Points)
Replied 03 June 2008
YES SAME AUDITOR CAN DO BOTH tAX AUDIT AND STATUTORY AUDIT
CA Chaitanya
(PRACTISING CA)
(4283 Points)
Replied 03 June 2008
Ya Statutory auditor can sign the tax audit report.
Sanjog R. Jain
(CA Final Appeared)
(48 Points)
Replied 03 June 2008
Yes friend , statutory auditor can perform both function simultaneously...because :
1. Independence remains unaffected.
2. No any disqualification attracted given as per companies act.
3. No professional misconduct as per CA Act , 1949.
so there is no problem at all...i think u r convince now.
Pankaj Kumar
(Advocate & CA Final )
(35 Points)
Replied 06 June 2008
Yes , Statutory auditor can do the same task.
Because, Independence remains unaffected.No professional disqualifaction is attracted under CA Act, 1949.
Pankaj Kumar
(Advocate & CA Final )
(35 Points)
Replied 07 June 2008
Yes same auditor can do the two task.
Reason:- 1:-Independence remains unaffected.
2:- No disqualification is attracted under CA Act, 1949.
CA Suraj Lakhotia
(IndigoLearn)
(4898 Points)
Replied 08 June 2008
The statutory auditor can sign the tax audit report but an internal auditor cannot act as a statutory auditor