Audit of ca firms
Rahul Sureshan (Student) (25 Points)
17 October 2014
I would like to know who does the audit of CA and CS firms. Is there any exemption for them under Sec 44AB of ITA?
1 Replies
kanh singh
(CA Article)
(121 Points)
Replied 17 October 2014
A CA or CS firm having gross receipt of more than 25 lacs required to get his books of account audited by a CA. There is no exemption if gross receipts exceeds the above limit.
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