STATUTORY AUDIT AND TAX AUDIT
This query is : Resolved
16 March 2010
IS THERE ANY RESTRICTION ON CONDUCTING TAX AUDIT AND STATUTORY AUDIT BY SAME PERSON?
CAN A CA ACCEPT TAX AUDIT AS WELL AS STATUTORY AUDIT OF A COMPANY??
CAN A CA ACCEPT TAX AUDIT AS WELL AS STATUTORY AUDIT OF A COMPANY??
16 March 2010
yes one can accept both statutory audit as well as tax audit of the same company
Message likes :
1 times
16 March 2010
STATUTORY Audit is compulsory for every co. but Tax audit is applicable if co. cross criteria of 44AB i.e. excess of T.O. Rs. 40Lac otherwise no tax audit require.
CA CAN ACCEPT TAX AUDIT AS WELL AS STATUTORY AUDIT OF A COMPANY NO RESTRICTION FOR THAT.
CA CAN ACCEPT TAX AUDIT AS WELL AS STATUTORY AUDIT OF A COMPANY NO RESTRICTION FOR THAT.
Message likes :
1 times
16 March 2010
There is no restriction. one can conduct both audits. In most of the cases, both audits are conducted by the same auditor.
Message likes :
1 times
16 March 2010
Both audits can be done
Message likes :
1 times
18 March 2010
THANK YOU EXPERTS!
HAVE NICE MARCH END!!!
HAVE NICE MARCH END!!!
18 March 2010
Both Audits can be accept by same person.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- GST ON EXPORT COMMISSION
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
