Pl provide the reference of section which describe rotation of statutory auditor ? Whether it is compulsory to rotate?

One of my assessee is doing the business of recharge voucher. For this, he is getting commission on recharge value.
For Tax Audit u/s 44 AB , whether the commission amount is taken as turnover purpose or Gross receipt is taken.

Gross receipts - Rs. 6600000/-
Commission Received- Rs.650000/-
Whether audit is mandatory?

hi sir.......
1. In recent 2g case it was found that most of certificates given by CA s regarding paid up and authorised share capital are wrong

2.In india all most all companies make apolitical contribution with out showing it accounts As political contribution they just simply include them in various other expenses and auditors are also simply certifying them as correct.


ARE WE CAs NOT REPONSIBLE FOR BLACK MONEY ?
IS IT CORRECT WAY OF DOING AUDIT?
PLEASE CLARIFY MY DOUBT SIR.............

Dear Sir,
What is benefit to proprietorship CA firm if he comes into networking with any other partnership CA firm in empanel of audit.

please guide.

Regards,

Dear sir
what is benefit to the CA firm if part time cop holder become a partner in the CA firm.

Regards,

Dear Experts,
The company in which i am auditing is a manufacturing one.
It exports auto ancillary components.
It does not pay excise duty while removal.
I do not know whether they pay export duty while exporting.
They have filed ARE-1.
My doubt is the following.
1) Since they have exported some components can they claim the Cenvat credit on the raw materials used to manufactue the exported goods against the removal of home consumption goods?
2) If yes what are the conditions they should satisfy.
Thank u every experts for giving their opinion.
With regards,
Rajesh.

Dear Experts,
As an auditor i am asking these doubts.

I have been assigned the task of auditing the Cenvat and Service tax of a manufacturing company. Its a medium sized private limited company. My queries are

1) How to audit if the company does exports sales?
2) What is meant by Rebate?
3) What is Duty Drawback?
4) What is the difference between these two.?
5) what is DEPB?
Thanks & Regards
Rajesh.

Dear sir
pls tell me why we do the statutory audit .what is the procedure for the statutory audit.
thanks

Who is the auditor of icai ?
How process of audit is done there ?

Dear Sir/s,
As per ICAI- Council's decision of 1957, A CA should preserve records relating to Audit and other work done by them, routine correspondence and other work and other papers for a Minimum of 10 years.

However,our principle says that the same has been changed to a period of 8 years.

Please help with reference to Council decision and the year, if possible.

Thanks you