statutory audit

Page no : 2

CA Sneha Jalan (CA FINAL) (73 Points)
Replied 10 December 2010

Yes...It is mandatory for all the companies whether the company is public ltd or pvt ltd.But Tax audit is not mandatory bcoz there is a threshold for Tax audit.When gross receipt in case of Business  exceeds Rs. 6000000 or in case of Profession exceeds Rs. 15000000 den it is mandatory.

Shaik ( M.com,IC(W)AI - Inter) (723 Points)
Replied 13 December 2010

thanks to All 

this is great information !!


venkataganesh ravipalli (articled assistant.) (37 Points)
Replied 30 March 2011

thanks to all for informs the valueble information.



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