Question ID :
44487
Appointment of Tax Auditor
As per section Section 288(2) one of the partner of the firm is relative of the assessee firm hence it is understood that he cant be auditor of that firm. But there are other partners also who are not relative. Can other partner of the firm conduct audit.
Posted by
DEEPAK K GUJRATI
on
May 16, 2023
Filed Under
AUDIT
It's better to opt out rather than disclosure of interest as an auditor
Posted by
SURAJ KUMAR CHOUDHARY on
May 17, 2023
Answer ID :
85012
No. if any partner of the firm is relative of the assessee, the firm cannot do tax audit of that assessee.
Posted by
CA. chunauti dholakia on
May 17, 2023
Answer ID :
85037
In case of CA Firm is a Partnership, then relative of any one partner also, should not be taken up for Audit.
Posted by
CA. MADHAVAN S on
Jun 02, 2023