Ca auditor for less charges

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Event 002 (Querist)
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14 August 2018 Hello,

I am posting a question here on behalf of my friend.

My friend has a 2 year old private ltd company, with annual turnover less than 25,000 Rs/-.

His CA and Auditor is charging 23,000 Rs/- per year for annual compliance, ROC and ITR. All of documents and financial data is maintained by my friend’s company and not CA.

Is 23,000 Rs/- worth? Is there any other alternative to completing annual compliance, ROC and ITR for less charges?

Any suggestions, questions, comments are most welcome.

Regards,

CA Visswanath Vadde

CA Visswanath Vadde (Expert)
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14 August 2018 Question should be raised to Govt asking them to exempt limited companies within a parameter for not having to get accounts audited and submit reports.