SERIOUS ISSUE...

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kiran gopal kunte

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Apr 18, 2013, 11:57:49 PM4/18/13
to ifrs...@googlegroups.com, caso...@yahoogroups.com, dilip.h...@gmail.com

Dear all..

Attention is invited on 97 th amendment to Constitution of India and subsequent amendments to Maharashtra Co.Op Societies Act 1960. Certain provisions regarding Auditors remuneration have been made as a result of which the upper limit of Rs 36/- per member per annum have been removed and it is stated that Auditor and the society may decide the remuneration on a mutually agrred terms.

Biggest tragedy is that CAs have gone below this limit also. In a fierce competition they have started quoting below Rs 36/- or at the most Rs 36/-.

Upper limit of Rs 36/- as I understand was set in 1981. Even in 2013 if those CAs have no guts to revise their fees, it is a sad story.

Afterall they quote less because they know their worth. They are honest professionals. I congratulate them for not getting affetcted by Inflation. they are lucky too..






CA.Kiran Kunte
B.Com, LL.B, FCA, DISA, IFRS
K.G.Kunte & Associates
Chartered Accountants
Timing: MON- FRI: 08.30- 06.30
Weekly Off: Saturday, Sunday

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