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Co-operative or society's accounts

Sneha Deepak Baikar (Accountant - Service) (1 Points)

25 February 2019

Dear Sir,

I have passed our GDCA Exam in 2009. And now I am doing job in company as a accountant. Please let me know, can I get any society's or co-operative organization audit? If yes, then what is the procedure to get audit?

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2 Replies

naresh (service ) (22 Points)
Replied 25 February 2019

first get registered on panel of auditor of Registrar of Co Operative societies

Priya Kashyap (Student) (7048 Points)
Replied 25 February 2019

cooperative societies which are carrying business or profession in India need not subjected to tax audit as per provision of ITA, 1961.
HOWEVER, a cooperative society is subjected to audit as per cooperative societies act which it was registered.
As per @ naresh sir, yes get it registered into the Regitrar of coop. soc.