About eligibility for audit

This query is : Resolved 

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.

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.

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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