Reg Preparation of Audit Report of Individual

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 October 2010 An Individual has two shops and in the shops. he is the proprietor.
Now Tax Audit of the Individual is to be done.
Pls suggest will we have to show Final Account for both the firms separately and then a commulative final a/cs.
OR

Can we prepare a single Profit & Loss A/c and Balance sheet statement.

Pls suggest.

Profile Image

Guest

Profile Image

Guest (Expert)
20 October 2010 prepare BS and P&L a/c separately

and consolidate both for tax purpose......


Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 October 2010 Pls guide can we charge audit fee in both the balance sheet and also will we have to make two audit reports

21 October 2010 ONLY ONE AUDIT REPORT TO BE PREPARED FOR BOTH BUSINESS


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query



Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details