Maharashtra society audit new requirement

This query is : Resolved

Adityavikram Banka (Querist)
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05 April 2013 Dear Sir,

as per new amendment,
Only a CA with 3 years of audit experiance of society audit can audit a Society.

Is this amendment also aplicable for Audit of Housing Society.

I have just started my CA practice,
so this means I will not be eligible for Housing Society Audit.

Sir Please Guide me, as I have been aproched by a housing society for audit.

C A S.S.Agarwal, M.Com.,LL.B,

C A S.S.Agarwal, M.Com.,LL.B, (Expert)
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27 May 2013 All societies are co-operative societies and if this rule has been made than it is applicable to all societies.

If housing society which has approached you is not a co-operative then you can go for it.

Kindly note that for co-operative audit you have to enroll in the penal of auditors maintained by the co-operative Registrar.