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Receive notice for issue based audit

926 views 1 replies

Sohil

Learner

631 Points Joined February 2010

While checking maharashtra vat news section side i found out yesterday only a list has been put on website for year 2013-2014 andmy firm name is there for issue based audit.

All the filing so far has been done by me .So do i need to worry and contact A ca?

what actually is this issue based audit and do the officers will pay me visit or ill receive notice to furnish my records?

Replies (1)

CA Raj Doshi

Practising CA

8944 Points Joined December 2013

You need not worry. But hire a CA who will guide you in this matter since it will require following up with the officer, matching of returns with accounts, locating the defaults and closure of the notices. I have been taking up such assignments like yours and those related to business audits too. Officers will not pay visit to you. But you will be required to furnish proper presentable records of yours and your suppliers / customers. Regards Raj. 9820803593 . Mumbai