Company audit

In disqualification of audit In 4th point (person himself or the partner has business relationship with any company in the group) Then exception is (professional service or arms length transactions) In 9 th point (any person is providing consulting and specialized services mentioned u/s 144 of companies act 2013 ) this all disqualification One point saying not disqualified another point saying disqualification what is the clear difference?

Kanaga Mani

Kanaga Mani

CA Inter


24-Sep-20 05:09


Answers (1)

Best Answer

Professional services other than those mentioned in 144 can be provided at arms length. For e.g. book keeping services cannot be provided even at arms length.

Suraj Lakhotia

Suraj Lakhotia


24-Sep-20 06:09