Audit fees

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 October 2011 Hi Experts,I have seen two different entries in balance sheet,i.e legal fees and audit fees,how both different from each other.

07 October 2011 yess, both are distinct.

Legal fees: paid for legal consultation. for e.g. consultation fees to file suit for boucing of cheque.

Audit fees: paid for audit of books of accouts/ records etc.

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Querist : Anonymous

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Querist : Anonymous (Querist)
07 October 2011 thanks sir




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