Audit Report for Assesses dealing in Shares
This query is : Resolved
26 November 2008
Is it true that for assessees who are dealing in shares or any other securities have to submit a special Audit Report or any other special report?
If yes,
Then to whom it ia to be submitted?
If yes,
Then to whom it ia to be submitted?
26 November 2008
It is a report given under Securities Contract Regulation Act, 1956 which is submitted to the SEBI/Exchanges. It is addressed to the auditee itself. However, it is to be obtained by the persons registered as share brokers.
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