Voluntary audit
This query is : Resolved
14 September 2015
A individual is having a turnover of Rs. 11,50,000 and a profit of around 1,67,000, i.e. profit more than 8%.
Now the person wants to go for voluntary audit of the accounts.
The individual doesn't fall under any of the audit section - sub section , also neither u/s. 44AD.
So the query is that how to issue the audit report, and what about the filing of the report in ITD.
Now the person wants to go for voluntary audit of the accounts.
The individual doesn't fall under any of the audit section - sub section , also neither u/s. 44AD.
So the query is that how to issue the audit report, and what about the filing of the report in ITD.
14 September 2015
Issue the audit report in general format. No need for filing the report in ITD.
Message likes :
1 times
14 September 2015
General format means 3CB and 3CD are to be prepared..? is it so..?
14 September 2015
No, it is reporting on financial statements prepared based on books of accounts maintained.
Message likes :
1 times
14 September 2015
i got the point.
Thank you sir. :)
Thank you 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
- Reporting Income under Section 44ADA
- Itr 1 processing
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR validation error - Balance sheet is not filled
- ITR 1: Details for showing Exempt Income
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
