Tax audit report of a proprietorship

charudatta (auditor) (191 Points)

27 October 2019  

Dear Colleagues Kindly let me guide for following Point · A Person having two different business both are of totally different nature · In F.Y 2018-19 Both business recorded Turnover above ` 2 cr (means both are under Audit)

 

My Queries are - 1. Whether there will be single Audit Report for both the businesses? because both businesses are operated by one & the same person so we have to file single ITR 4 2. If we prepared one single Audit Report for both business then in business code (under Annx I) whether we have to fill two business codes. 3. Whether we should prepare 2 Audit Report (Two 3CD & 3CB) and consolidate it while prepare Balance sheet of Proprietor & then file single Itr4 Awaiting your reply for the above & other related point of Audit