As you said in class Annexure form 3CD is prepared by client and reporting on the same is made by auditor in form 3CA or 3CB but PM answer in each and every question says that A tax auditor is required to report under this clause of form 3CD which requires him to mention such thing
or Part A of form 3CD generally requires the auditor to give the factual details of the assessee. with respect to such things it seems that Form 3CD is also prepared by thae auditor.
sir please clear this doubt
Why will auditor work without remuneration ?
Why will hevputbis time money and resources ?
It is just like any other service CA gives, he will definately get paid for it.
What, if auditor is a friend of company’s director and don’t want to charge fee, is it sustainable in the eyes of law ?
Like: many Auditors, Audit the Trust without fee. how it is possible without fee ?
Ok, I thought you are asking why remuneration is paid. If some one wants to work for free is good thing, everyone will accept it. He can take token money Re 1 and do it.
But if you are connected with the entity it can affect independence and opinion so better avoid such assignments.
ButI know practically people won’t leave such opportunity.