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Is there any disqualification of an auditor if he is
Indebted to a partnership firm and proprietor???
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Answer Posted / ramneek
Yes the auditor may be disqualified if he violates the limits given as per applicable law or council general guidelines 2008. Since in case of partnership firms or proprietor firms no limits have been specified by any law which govern them and therefore disqualification will be checked on the basis of limits given in council guidelines 2008 of ICAI.
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