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??
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.
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