Voluntary audit of non-corporate
This query is : Open
21 January 2015
Hello!!
I have doubt for subject matter,
1) can non-corporate who are not liable for audit under any income tax section like 44AB/AD/AE etc.. want to go for voluntary audit for any reason like self satisfaction to give to any institute etc..
Then how to give audit report, as there is no audit under income tax so 3CB or 3CD forms are not applicable so in which form or format it is to be given??
I have doubt for subject matter,
1) can non-corporate who are not liable for audit under any income tax section like 44AB/AD/AE etc.. want to go for voluntary audit for any reason like self satisfaction to give to any institute etc..
Then how to give audit report, as there is no audit under income tax so 3CB or 3CD forms are not applicable so in which form or format it is to be given??
21 January 2015
As per SA 700 705 706 I.e. like we give for any company except that additional reporting as per companies act is not required. Financial reporting framework is accounting standards issued by ICAI.
21 January 2015
Form 3CA and 3CD are not applicable. Report should be as per the standards on auditing mentioned above. Other standards on auditing should also be followed for the planning and performance of the audit.
14 May 2015
Kumarji,
can I get sample for any traders or manufacturer such audit.
can I get sample for any traders or manufacturer such audit.
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- 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
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
