Sa 700 (revised)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 August 2013
As clause (g) of sub-section (1) of section 274 of the Act is not applicable for a private limited company, can it (point no. : 2(e)) be removed from the audit report or shall the same remain as a point in the report & comment be given as "This clause is not applicable for a private limited company".
Ajay Mishra
(Expert)
26 August 2013
Hi
Yes, the provision of section 274(1)(g) is not applicable on private limited company, so you can escape it.
Yes, the provision of section 274(1)(g) is not applicable on private limited company, so you can escape it.
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