statutory as well as tax audit
This query is : Open
04 March 2017
can a chartered accountant accept parallel position i.e. tax audit as well as statutory audit ?
04 March 2017
Yes, a CA can conduct both statutory audit as well as Tax audit of same organisation.
Message likes :
1 times
04 March 2017
then do they prepare separate financial statements ? or only depreciation chart will effect
04 March 2017
Yes, CA can do both for same company, but financials statement is only one under companies act, he has to make the modifications as per tax audit requirement like depreciation and other disallowance and allowances etc.
05 March 2017
thanku sir
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
- STCG....................................................
- Supply through E-commerce Operators
- Sales return eway bill
- TAN for Partnership
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- Specified Profession
- SALE BILL AGAINST GOODS RETURN
- GST Registration Horse racing
- Plot of land. Cost of Acquisition
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- 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
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
