Institute of Chartered Accountants of India — Overcharging and failure to deliver a dutyand keeping the customer uninformed

Address:

Vallabha Industrial Chemical Engineers Private Limited Suresh V (Director) Mob: +919825041907; baroda, gujarat

We hired a chartered accountant and we had a company as a partnership company and later the same got converted to a Pvt ltd company
the chartered accountant when he submitted the profit and loss and account along with balance sheet did not provide the cash flow statement and he indicated our company was a small company although our turnover exceedded 2 crores, ( a copy of letter attached ) as sent by him
for FY18-19

he also charged us Rs 25000 as Audit fees for partneship co ( FY 18-19 ) although audit is not mandatory for a turn over of less than 1 crore as per income tax laws, a for a turn over of Rs 45 lakhs in addition to Rs 25000 for consultancy for which he provided no consultancy service . since the profit is above 8 % we fall under 44 AB and 44AD for exenption under that banner.it . we had not demanded any audit, if so he should have explained the law.

we solicit your response on that what action is right from your end

Contact No: [protected] (Suresh Venkataraman - Director)