Tax audit
This query is : Resolved
Babaljit Singh
(Querist)
05 August 2009
if a proprietor has two proprietorship concerns and in both firms sales is above 40 lacs
then he needs to have 2 tax audit for separate firms or
single tax audit report will be made for both the firms
both firms are doing different businesses
then he needs to have 2 tax audit for separate firms or
single tax audit report will be made for both the firms
both firms are doing different businesses
Abhishek Mohta
(Expert)
05 August 2009
Both the firms must have been registered separately thus the Audit will be done separately for them and two audit reports have to be submitted
05 August 2009
One audit report in form 3CB and separate Form 3CD for each concern is needed.
CA.Tarun Maheshwari
(Expert)
05 August 2009
I agree with Warrier Sir.He should file one audit report only.
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