Trust audit
This query is : Resolved
23 June 2017
C.A. Having proprietorship firm can do audit of trust? what are the critaria for trust audit and what C.A.should be the charge for trust audit?
Amol S Joglekar
(Expert)
23 June 2017
yes, proprietor can do trust audit.
23 June 2017
Thank you. But is it included in Tax Audit? and what should be the charges?
Amol S Joglekar
(Expert)
23 June 2017
if trust is doing business.......then the said limits as per tax audit will apply.
Else only trust audit is to be done.
Else only trust audit is to be done.
23 June 2017
Thank You. If Trust running a school then audit of this trust or school included in tax audit?
Amol S Joglekar
(Expert)
23 June 2017
is the school separate ENTITY as per income tax act?
If the school is NOT separate entity,then tax audit is conducted that of trust
If the school is NOT separate entity,then tax audit is conducted that of trust
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