Can an internal audit of a firm be carried out by a CA Final student in his / her individual capacity? if yes, will the remuneration received by him / her be laible for deduction of TDS U/s 194J. Kindly suggest.
Thanking you in anticipation.
Menu
Internal audit of a firm by non ca
Replies (2)
Yes, an internal auditor can be a non-CA as well. If he is working in professional capacity TDS should be covered under 194J
As per my knowledge a person who has passed IPCC is deemeed to be graduate . and he become Professionally Qualified Person.
Therefore firm is required to deduct TDS Under Section 194J.
Recent Topics :
- Gift of Immovable Property u/s 92 of Income Tax Ac
- NSE BSE Pre-open session changes from 7 September
- Financial statements for non corporate entities
- Hi experts need some help
- Is SAP FICO a good career option for finance and a
- Direct Cost booking
- TDS on Property Purchase Paid
- Cash Purchase Above ₹10,000, ITR/40A(3) Trea
- TDS on dividend to non resident shareholders
- Best CA Inter classes in Laxmi Nagar for Group 1?
Related Topics :
CAclubindia
