Tax audit

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Can tax audit report be filed without statutory audit being done of and assessee having turnover greater than 1 crore?
Replies (3)
No, for filing tax audit report it is mandatory to file Audit financial statement

GST Audit is quite far away. In the menatime professionals should see how they can support the smaller traders/ service providers to comply with the new law and smoothly transit into it. maybe the first stpe is to see that they register as early as possible and get their a/cs and documents ready.

Next how to raise invoices, do the matching, avail the eligible credit fully etc. Maybe a review audit quarterly for those doing the filing on their own to detect errors which canbe rectified early.

 

Sir,

Is it necessary to REgister as GST Practioner for Professionals Likes CA's, CS & Advocates

Please clarify  and what is the last date of filling application for GST Practioner.

With regards 

L.Keshav

 

 

 


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