Bank balance confirmation letter
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 October 2014
whether bank balance confirmation letter is necessary for statutory auditor at the time of making balance sheet.
09 October 2014
Balance as per Bank Statement will also be sufficient. Balance confirmation letter from bank is not mandatory.
Rupesh Jain
(Expert)
10 October 2014
balance confirmation is not necessary but auditor demand for future equerry by income tax deptt. due to some bank not issue certificate of 2-3 year old balance.
statement is sufficient.
statement is sufficient.
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