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Tax Audit

Naina (CA Student) (477 Points)

21 June 2010

Can a tax audit be done when the client is not ready to provide sale/purchase and expenses bills. They will only provide Day Book and Ledger for the audit purpose only.

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6 Replies

Ankit CA and CS (Manager - Accounts) (204 Points)
Replied 21 June 2010

No, then u cannot issue tax audit report..limitation on ur scope...

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Amir (Learner) (4016 Points)
Replied 21 June 2010

Hi,

Interesting question.

I want to know the reason why client is not ready to provide bills, etc

I dont think any auditor will be in a position to certify the requirements of tax audit in the absence of verification of bills, etc

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Naina (CA Student) (477 Points)
Replied 21 June 2010

Originally posted by : Amir
	Hi, Interesting question. I want to know the reason why client is not ready to provide bills, etc I dont think any auditor will be in a position to certify the requirements of tax audit in the absence of verification of bills, etc

The client is saying that their previous auditor never asked for the bills.

Amir (Learner) (4016 Points)
Replied 21 June 2010

Oh great...!

How innocent that client is............:)

Jokes apart, just make ur client understand that it is necessary & without it the report can not be issued....

My advice will be to make ur boss/partner talk to him once....

Naina (CA Student) (477 Points)
Replied 21 June 2010

Thanks Amir Sir.

Some clients also come in our office for certification of Provisional Trading, P& L A/c and Balance Sheet as on 31st March. They need that to provide to their bankers. Should a CA certifies these.