14 March 2009
1) Internal Audit= To Verify the internal control, day to day Activities of Entity, this audit is fullfill the objects of both i-e Management as well as Shareholders 2) Statutory Audit= Those Audit which are mandatory under law e.g Tax Audit, Vat Audit, Refund Audit 3) Tax Audit= This Audit is required by IT Act u/s 44AB
CAclubindia
