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Vandita kamathvandita kamath asked 7 months ago

Sir, in question number 303.00 of param question bank there is a question in which auditor has bought a car financed by holding co in which he is a stat auditor….but the holding co itself is financing co then it will be arms length transition..hence no disqualification has occurred?

1 Answers
RaviRavi Staff answered 7 months ago

this question focus on indebtedness 
 
as limit of 5,00,000 is exceeded CA is disqualified 

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