QuestionsCategory: Co. Audit - ICase mr X is to be appointed as an auditor of A ltd and his mother hold equity shares of A ltd of face value 60000and his father of Rs 45000 face value will he be disqualufied
HimalayaHimalaya asked 6 years ago
1 Answers
RaviRavi Staff answered 6 years ago

Yes limit of Rs 1,00,000 is combined limit for all relatives taken together.