Statutory auditors

This discussion clarifies whether a company's statutory auditor can also serve as its tax auditor. The consensus is yes, they can perform both roles, though they cannot be an internal auditor. It's also noted that appointing the same firm for both statutory and tax audits can be cost-effective and efficient. The conversation touches upon the necessary filings, such as the Tax Audit Report (Form 3CA/3CD) and ITR 6, and the process of obtaining a No Objection Certificate (NOC) from a previous auditor.