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Tax Audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 July 2010 My client is doing 3 proprietorship businesses with different trade names. I would like to know whether there will be requirement of separate tax audit report for each business or a single tax audit report in the name of proprietor
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Porwal Consultancy

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Porwal Consultancy (Expert)
13 July 2010 Separate report for all 3 business.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
13 July 2010 My understanding is, one 3CB and three 3CD's.
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mohinder kansal

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mohinder kansal (Expert)
13 July 2010 There can be one single report for all the prop businesses
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Rahul Vora

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Rahul Vora (Expert)
14 July 2010 I agree with Mr. Mohinder. Accounts can be prepared for all proprietorship firms separately, but audit report has to be one.

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