Disqualifications - Indebtedness and Guarantee

Auditing

Whether the limit of Rs.5 lakh and Rs.1 lakh to be calculated individually or in aggregate? (I.e) Individually the amount is less than Rs.5 or 1 lakh respectively, but in aggregate it exceeds the specific limit, whether the person is disqualified to be appointed as an auditor?

Nivedha Balaji

CA Final

★ 9K+

29-Mar-23 18:17

508

Answers (1)

Best Answer

Aggregate

Divya Sri Vemavarapu

CA Final

★ 15K+

29-Mar-23 20:27