Audit report to partnership firm
This query is : Resolved
30 April 2015
Is audit report required to be issued by the auditor to the partners of partnership firm
Please give reference of section under related act
Please give reference of section under related act
02 May 2015
There is no specific provision as regards the audit under the Partnership Act 1932.
.
However, firms are required to get audited their accounts U/s 44AB of the Income Tax Act 1961( known as Tax Audit).
.
It is not the Tax Auditor who has to issue the Audit Reports but it is the firm (or say partners) who have to obtain Tax Audit Report from the Auditors.
.
However, firms are required to get audited their accounts U/s 44AB of the Income Tax Act 1961( known as Tax Audit).
.
It is not the Tax Auditor who has to issue the Audit Reports but it is the firm (or say partners) who have to obtain Tax Audit Report from the Auditors.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Should I include march foreign salary received in April in my income for FY 2023-24?
- TDR receipts for agreement holder
- Inventory of finished goods
- Company Incorporation - CA and directors signing from different states
- Applicability of Ind As to associate of associate
- Clarification on Documentation of Paid-Up Capital Contribution by Directors
- Sale of property furniture sale
- Intimation wrongly states taxpayer has offerred u/s. 44ad & states probable resolutiton to do audit
- Refund AY 2012-13 and 2013-14
- DIRECT TAX CODE 2025
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
