No, Chapter-X of the Council General Guidelines, 2008 specifies that a member of the Institute in practice or a partner of a remix firm in practice or a firm shall not accept appointment as auditor of a concern while indebted to the concern or given any guarantee or provided any security in connection with the indebtedness of any third person to the concern, for limits fixed in the statute and in other cases for amount exceeding R10,000/ ]]>. Whether a Chartered Accountant is permitted to accept appointment as auditor remix of a concern while he is indebted to the firm or has given any guarantee or provided any security in connection with the indebtedness of any third person to the concern?. of tax remix audit assignments?. Whether the audits conducted under Section 44AD, 44AE and 44AF of the Income Tax Act, 1961 shall be taken into account for the purpose of reckoning the specified remix no.
The number specified remix for tax audit is 45. Is there any ceiling on the number of tax audit assignments that can be taken up by a member in practice? remix. Yes, Chapter-V of the Council General Guidelines, 2008 specifies that a member of the Institute in practice or the firm of Chartered Accountants of which he remix is a partner, shall maintain and keep in respect of his/its professional practice, proper books of account including the following: (i) a Cash Book; (ii) a Ledger. Yes, in exercise of the powers conferred by Clause (1) of Part II of the Second Schedule to the Chartered Accountants Act, 1949, remix the Council of the Institute has issued Council General Guidelines, 2008, Chapter-III of which specifies that a member of the Institute in practice shall be deemed to be guilty of professional misconduct, if he accepts the appointment as auditor of a company under Section 224 of the Companies Act, 1956, while he is an employee of the cost auditor of the Company appointed under Section 233B of the Companies Act, 1956.