Concerned Company is a Govt owned Company whose auditors are appointed by AG. The Board of Directors fix the remuneration of Auditors Rs.2,00,000/- for Statutory Audit including Tax Audit. This amount agreed by AG and communicated the Company via letter. However Auditor states that the amount exclude I Tax/GST.(but nowhere it was mentioned whether the amount(Rs.2,00,000/-) was include/exclude I Tax/GST). Now my query is: 1. How we treat Rs.2,00,000/- (audit fee) inclusive or exclusive of I Tax/GST? 2. If we pay auditors some extra amount by way of Out of pocket expenses will it be included in auditors fee and tax will be deducted? Thanks Abhijit
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