About eligibility for audit
This query is : Resolved
Shagun Sharma
(Querist)
03 July 2012
please tell me the limit after which company is eligible for audit
03 July 2012
A company is MANDATORILY required to get its accounts audited under Companies Act.
There is no limit prescribed. Even if the company is in loss, it will have to get its accounts audited.
There is no limit prescribed. Even if the company is in loss, it will have to get its accounts audited.
Shagun Sharma
(Querist)
03 July 2012
thank you sir, is there any limit for sales after which you will be required to get your accounts audited
03 July 2012
As I said for a company it is mandatory to get its accounts audited irrespective of the amount of turnover, sales, income, etc.
Shagun Sharma
(Querist)
04 July 2012
ok sir thank you for the help
04 July 2012
You are welcome. You should use the thanks button to convey your thanks.
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