Vishal singlaVishal singla asked 1 year ago

sir suppose I am the auditor of abc ltd dealing in furniture and produce fine furniture.
i have to purchase furniture for office and I purchase it from abc ltd and the transaction is in ordinary course of business and at arms length price.
as it do not cover h2at but still it is a fair transaction.
so will it be considered as disqualification?

1 Answers
RaviRavi Staff answered 1 year ago

yes it will be considered as business relationship, eve a single transaction will lead to disqualification

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