Auditing Query
This query is : Resolved
01 July 2008
Hi All,
Can anyone please tell me the meaning of "Statutory Audit" ?
Can anyone please tell me the meaning of "Statutory Audit" ?
01 July 2008
In India Statutory audit of a Company means audit under Companies Act, 1956
01 July 2008
Income Tax Audit in terms of Individuals is called as Statutory Audit in terms of Companies. A company comes under the purview of Statutory Audit if Annual turnover is more than 40 lacs
02 July 2008
Audit required under Companies Act & Income tax ACT
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