Regarding appointment of auditor
This query is : Resolved
08 March 2015
i set up a new pharmacy tablets distribution company.i started it in nov 2014 my turnover up to march is 100000 rs.for such a small turnover also shall i appoint a auditor and get my books audited.as i have to file my itr before july 30.do i need to take chartered accountant audit sign on my balance sheet and p and l and upload it?or normally is my signature as director is sufficient.as it is not even eligible for tax audit?
09 March 2015
If you have formed as a company, audit is mandatory as per the companies act.
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