alleryStart learning →Penalty on a listed company's auditor for not reporting fraud
ARs 50,000
BRs 10 lakh
CRs 5 lakh
DRs 1 lakh
Answer & Solution
Correct answer: C. Rs 5 lakh
Section 143(15)(a) imposes a penalty of five lakh rupees on the defaulting auditor of a listed company.
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