https://www.taxtmi.com/acts?id=12551 Branch office accounts must be audited by the company's auditor or a person qualified as such, or by a locally authorised accountant for foreign branches; where another person audits, the company's auditor retains rights to visit the branch and access its books, with certain accommodations for foreign banking branches. A company may appoint a branch auditor in general meeting with equivalent powers and duties, reporting obligations to the company's auditor and remuneration/terms fixed by the company or board; the Central Government may exempt branches by rule having regard to audit arrangements, activity level, auditor availability and other factors. en-us Wed, 11 May 2011 18:47:56 +0530 Wed, 11 May 2011 18:47:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12551 Branch office accounts must be audited by the company's auditor or a person qualified as such, or by a locally authorised accountant for foreign branches; where another person audits, the company's auditor retains rights to visit the branch and access its books, with certain accommodations for foreign banking branches. A company may appoint a branch auditor in general meeting with equivalent powers and duties, reporting obligations to the company's auditor and remuneration/terms fixed by the company or board; the Central Government may exempt branches by rule having regard to audit arrangements, activity level, auditor availability and other factors. Act-Rules Companies Law Wed, 11 May 2011 18:47:56 +0530 https://www.taxtmi.com/acts?id=12551