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.
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
Similar Resolved Queries
Unanswered Queries
- 44AD VS 44AB AUDIT
- Correction in TDS return New Traces Portal
- Query Regarding Refund Adjustment Against Outstanding Demand
- Computation of Dividend
- ITR FILING ISSUE
- GST APPLICABILITY TO DIAGNOSTIC
- Clarification on GST Applicable for Training Hall Rent Invoice
- WHERE I SHOW GST 0% INVOICE IN GSTR1 (EITHER TABLE 7 OR TABLE 8)
- TDS NOT YET CREDIED
- TDS Return processing
- Trust case
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
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
