When a education institute like schools and colleges are required to get thier books audited?(apart from audit under income tax for tax benefit)
and by whom is it to be audited??
and format of school audit??
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Audit requirement
Replies (3)
Quick Summary
When gross receipts exceeds 1 crores rupees then the books of accounts should be audited.
Chartered Accountant should audit the books of accounts.
Chartered Accountant should audit the books of accounts.
Under which act?
Audit under section 44AB
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