08 July 2009
while calculating the ceiling on number of audits under section 224(1B), whether audit of any government company is also to be considered????
09 July 2009
Yes, while calculating the ceiling on number of audits under section 224(1B), audit of any government company is also required to be considered.
1. Audit of Pvt. Company. 2. Audit of Guarantee company having no share capital. (DCA Letter 8/12(224)/74-CL-V, datetd 28.09.1974)
3. Audit of foreign company. 4. An internal audit. 5. Audit of co-operative society, trusts. 6. Taxaudit under income tax act, 1961. 7. Special Audit & investigation. 8. A branch Audit as per DCA Clarification.
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