Which company required auditing compulsory

This query is : Resolved 

02 May 2015 In which level company has to required Auditing....?

03 May 2015 Statutory Audit is mandatory for all companies.


Tax Audit applicable u/s 44AB of the Income Tax Act 1961 when Turnover is more than Rs 100 Lakh.

For Internal Audit Criteria see link given below:

http://taxguru.in/company-law/internal-audit-section-138-companies-act-2013.html


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