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Statutory audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 June 2012 While performing Stat audit of a company it was noticed that they have not deducted TDS on payments made for Legal services.They are not liable fot Tax audit.
What is to be done in stat audit?
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CA UMESHKUMAR R. ACHARYA

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CA UMESHKUMAR R. ACHARYA (Expert)
26 June 2012
If they are not liable for Tax Audit then

no reporting is required under stat audit

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