Query regarding Form 23ACA - Payment of Auditors

This query is : Resolved

Guest

Guest (Querist)

31 October 2009 Some companies, in their P&L Account, they show separately 'Audit Fees' and 'Professional fee - paid to Auditor'.

Query :

What should we mention in the field -'Payment of Auditors in Form 23ACA' -

whether we should give only 'AUDIT FEE' in the 'field - Payment of Auditors'

and

mention 'Professional fee - paid to Auditors' in the 'field - Other Expenditure' in Form 23ACA

or

combine these two amounts and mention in the 'field - Payment of Auditors'.

Dear Experts, Please confirm the appropriate method.

Thanks for everybody.

CA. B.SRINIVASULU

CA. B.SRINIVASULU (Expert)
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01 November 2009 Only audit fee paid should be mentioned in the field - payment to auditors and other professional payment should be combined to other expenditure.