Auditors are madatory for individual


This query is : Resolved 

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.

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

13 August 2013 if u mean there is no statutory audit then audit mentioned in various statue what is that?


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