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Tax audit-audit of two business by two different ca.

SOUMIK CHATTERJEE (self) (53 Points)

31 August 2013

An individual has two businesses audited by two different tax auditors. How to submit Tax Audit Report?

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2 Replies

sanjay singhal (CA) (987 Points)
Replied 31 August 2013

In case of individual common tax audit is conducted for all business under proprietorship. In your case singal audit will be required.

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CA LOVELY ARORA (C.A. B.Com (H) Graduate) (2151 Points)
Replied 31 August 2013

Dear Sir,

In case of joint audit under tax audit provisions... both of the chartered accountants need to sign on the report... however, if there is discrepancy in joint audit, they may opt for separate reports...

(Sorry Sir, i edited the earlier comment of disallowance, yes, the same is allowed and in such case, both of your CA's need to upload the tax audit report in the e-filing portal... and the procedure is same as done for one auditor... just add another CA in the list, after addition of 1st auditor..
sorry again for any incovenience caused).

Best Regards,
CA Lovely Arora
ca.lovelyarora @ gmail.com