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Vismay ShahVismay Shah asked 2 years ago

 CA holding position as statutory auditor of listed company and charging 50 lakhs and simultaneosly he is also providing some management consultancy service to subsidiary company and charging 100 lakhs. is it tenable?’
and what if in subsidiary comapany – statutory auditor – fees 50 lakhs
Holding comany -Management consultancy – fees 100 lakhs

1 Answers
RaviRavi Staff answered 2 years ago
  1. its not allowed as per council guidelines 2008
  2. we have to see it for group as a whole so on group basis its fine

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