Audit of Provident Fund & Superannuation Fund

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Dimpal Kumar (Querist)
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09 September 2009 Can anybody send me the detailed checklist for the audit of provident fund and superannuation funds.

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M Prabhakar Menon

M Prabhakar Menon (Expert)
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09 September 2009 First of all study the document which created the Fund u propose to audit. Next depending on the nature of trust and the purpose of audit u may proceed special attention should be given to matters where registration u/s 80G of the I T Act 1961 is involved as the format of the report of IT purpose is different u will have to focus on those items listed in Form 10B or 10BB, whichever is applicable Form 10G ;Form 22; Form 40 A; Form 41, Form 56D as
may be applicable as u have not disclosed the nature of trust u will have to make your own selection All forms referred to are Income Tax Forms