Audit in back date

This query is : Open

CA Aditya Shah (Querist)
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22 September 2014 A client is asking for back date statutory audit for the financial years 11-12 & 12-13 for filing in company law settlement scheme.

What should be the fees charged ? Is it safe to do so?

or, Can the audit be done in current date?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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22 September 2014 1, such audits are back dated. with regards to fees, charge what you feel is appropriate in relation to the work and time involved.

CA Aditya Shah

CA Aditya Shah (Querist)
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22 September 2014 Sir, what would you have charged?
Please tell me an approximate amount?
Is Rs 5000 ok? Co. has 1 lakh authorised caiptal n 4 lakhs other income (interest income). Small company basically which gives loans

Nikhil Kaushik

Nikhil Kaushik (Expert)
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22 September 2014 you are backdating and wish to charge the amount that is even less than the cost of filing at tax audit report!!

atleast 10k.

CA Aditya Shah

CA Aditya Shah (Querist)
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22 September 2014 Thanks alot for your earlier response sir.
I have one more query in this regard.

In this case, since non filing of accounts and non holding of AGM are two different contraventions, in the light of this what precaution should we take.?

Should we qualify the report, what else.

How to pretend that we are not backdating?

Thank u once again.

Aditya
(student)
Bcom 1st year, Ca ipcc