Limit
This query is : Resolved
22 October 2012
is there any limit on turnover as to when statutory audit is applicable?
22 October 2012
No Limit on Turnover . Every Corporate entity has to get it's accounts audited under the Companies Act.
22 October 2012
As per sec 224 of the companies act 1956, every co is required to appoint at each AGM an auditor.
There is no minimum turover for this.
There is no minimum turover for this.
22 October 2012
There is No Such Limit Prescribed in case of Corporates for Stat Audit.
Only Branches are Given Relaxation to Exempt from Statutory Audit, Provided Some Conditions Related to Turnover & Production Doesnt cross as Prescribed for Exemption.
Only Branches are Given Relaxation to Exempt from Statutory Audit, Provided Some Conditions Related to Turnover & Production Doesnt cross as Prescribed for Exemption.
22 October 2012
no limit for that
22 October 2012
not yet get any notification
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Itr 1 processing
- Off Market debit and credit transaction
- Reporting Income under Section 44ADA
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- ITR selection for salaries and capital gain less than L
- Short Term Capital gain on shares bought and sold after 2018 onwards
- ITR returnFY25-26
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
