Audit limit
This query is : Resolved
vinod kumar pal
(Querist)
15 April 2015
Please tell me experts when audit applicable in respect of turnover and net profit
15 April 2015
only for internal audit there is limit u/s 138 so are u asking for internal or statutory audit?
19 April 2015
Statutory Audit applicable for all Companies.
Tax Audit applicable u/s 44AB when Turnover is more than Rs 100 Lakh. For Professional when Gross Receipt is more then Rs 25 Lakh.
For Internal Audit Criteria see link given below:
https://taxguru.in/company-law/internal-audit-section-138-companies-act-2013.html
Tax Audit applicable u/s 44AB when Turnover is more than Rs 100 Lakh. For Professional when Gross Receipt is more then Rs 25 Lakh.
For Internal Audit Criteria see link given below:
https://taxguru.in/company-law/internal-audit-section-138-companies-act-2013.html
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Unanswered Queries
- Tax on Amount transferred in HUF Account
- Nursery business
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- Working on Gold wastage during Melting of old gold jewellery
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Intimation under section 245
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- GSTR-9C filing
- GST input credit on commercial property
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
