Audit under company act


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Querist : Anonymous

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Querist : Anonymous (Querist)
30 January 2012 Dear Expert,
Plz clear my doubts.......
A Private limited company having Turnover of Rs 2,00,000 with net profit of Rs 20,000.
Wheather there are any provision of audit in Company Act 1956 other than audit u/s 44AB of income tax........If yes wheather in my case audit under company act is applicable....

In which situation such audit is applcable on company

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Guest (Expert)
07 February 2012 There is no such provision in Companies Act.


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