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.
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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