Audit of a finance company

This query is : Resolved 

19 October 2014 the audit for finance providing company is mandatory or not ? if yes than why??

19 October 2014 Which Audit?

Statutory Audit as per Companies Act 2013 is applicable to all companies.

Tax Audit applicable u/s 44AB of the Income Tax Act 1961 if turnover exceed Rs 100 Lacs.


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