Tax audit

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co-operative society tax audit tronover 1.cr or 2.cr .rs

Replies (8)

Under GST the limit is Rs .2 Crs.

Limit is 2 cr for gst audit
2crore is the limit for GST Audit...
income tax audit limit
2 crore Aggregated Turn over
thanks you sir for details

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.

 

 

good clarification and information


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