Tax audit

Under GST the limit is Rs .2 Crs.

With respect to Co-operative society both Central and State can enact law. If the state does not make law the co-operative Society will be governed by 'Co-Operative Societies Act 1912'.

Under Sec 17 of Co-Operative Societies Act 1912 the register of Co-operative Societies can audit the accounts by giving general or special order. However, there is no compulsory audit by Chartered Accountant unlike Companies Act 1956.