Auditors are madatory for individual
This query is : Resolved
syedabuthahir
(Querist)
12 August 2013
Auditors are mandatory for individual like proprietary firms,other small scale industries
12 August 2013
if u asking statutory audits then ans depends on the criteria meant for applicability of audit.
Ganeshbabu K
(Expert)
13 August 2013
For proprietory firms only taxaudit is applicable and there is no statutory audit..
tax audit mandatory under 44AB if turnover is more than 1crore ..
assesse needs to audit his books of accounts with a chartered accountant in practise
tax audit mandatory under 44AB if turnover is more than 1crore ..
assesse needs to audit his books of accounts with a chartered accountant in practise
13 August 2013
if u mean there is no statutory audit then audit mentioned in various statue what is that?
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